Arsenal are lining up a move for £20m-rated Russian forward Andrei Arshavin. (Daily Mirror)
But defender Kolo Toure could be on his way out of Arsenal, with Manchester City preparing a £10m deal for the defender. (The Sun)
Gunners striker Nicklas Bendtner has rejected a move to Russian outfit Spartak Moscow. (Daily Mirror)
Manchester United are battling it out with Chelsea for £20m-rated Standard Liege midfielder Axel Witsel. (Daily Telegraph)
Real Madrid have offered Wigan £14m for winger Antonio Valencia. (Daily Telegraph)
Tottenham will offer Middlesbrough £15m for winger Stewart Downing. (Daily Mirror)
Middlesbrough themselves are hoping to land Crystal Palace midfielder Ben Watson for £1.5m. (Daily Mirror)
Manchester City look set to offload trio Elano, Tal Ben Haim and Jo in January. (Daily Mirror)
Eastlands boss Mark Hughes will be given £40m to spend in the January transfer window. (Daily Mail)
Hughes is lining up a number of players, including Blackburn's Roque Santa Cruz, West Ham's Craig Bellamy, Chelsea's Wayne Bridge and Villarreal's Marcos Senna. (Daily Mail)
But new Blackburn manager Sam Allardyce will block Santa Cruz from leaving Ewood Park in January. (The Sun)
And West Ham have placed a £12m price tag on striker Bellamy, with Tottenham, Aston Villa and Celtic all interested in the Welshman. (Daily Mirror)
However, Hull defender Michael Turner will snub an £8m switch to Manchester City in January. (Daily Star)
West Ham defender Matthew Upson fears he could be sold as the club battle for financial survival. (The Sun)
Portsmouth manager Tony Adams is hoping to sign former team-mate Edu as a replacement for midfielder Lassana Diarra. (The Sun)
Adams will also use the £20m the club received from Real Madrid for Diarra to land Middlesbrough midfielder Gary O'Neil and Fulham's Jimmy Bullard. (Daily Star)