Argentine striker Sergio Aguero will be offered to Chelsea and Manchester rivals United and City for £40m by his club Atletico Madrid. Chelsea were favourites to sign the 21-year-old, but discussions on his personal terms have stalled. Full story: Daily Mirror
Tottenham manager Harry Redknapp is keen to sign Manchester City striker Craig Bellamy despite branding the player a "nuisance". Bellamy, one of City's top performers this season, was reportedly unhappy at the sacking of Blues manager Mark Hughes. Full story: The Times
Liverpool boss Rafael Benitez is desperate to sign a target man in January, with Sunderland's Kenwyne Jones, Manchester City's Roque Santa Cruz and Liverpool old boy Emile Heskey all on his wanted list. Full story: Daily Mirror
Manchester United will offload 22-year-old Serbian winger Zoran Tosic in January. Tosic signed last January in a £7m deal, but has yet to start a game for the club. Full story: Daily Mirror
Meanwhile, City could bolster their attack by moving for Sampdoria striker Giampaolo Pazzini. The 25-year-old averages a goal every other game in Serie A. Full story: The Sun
Striker Luca Toni could make a January move to Chelsea, with the Blues forced to cope without Didier Drogba, among others during, the African Cup of Nations. Toni, 32, was top scorer for Bayern Munich last season, but has been linked with a move since exiting the ground after being substituted in a recent match. Full story: The Sun
Wolves will look to tempt Craig Gardner from Aston Villa in January. The £3m-rated midfielder could move in search of first-team football. (Daily Mirror)
French club Sochaux have put Rangers striker Kris Boyd on their January shopping list, but Newcastle, Hull, Middlesbrough and clubs in Germany and Turkey are also interested. (The Sun)
Celtic are bidding to sign Florin Costea, the 24-year-old Romanian striker presently with Universitata Craiova. (The Herald)
Celtic manager Tony Mowbray won't guarantee Stephen McManus a regular starting place despite Gary Caldwell's suspension and will sign Belarus defender Dmitry Verkhovtsov for £500,000 on Tuesday. (The Sun)
Stephen McManus has 90 minutes to save his Celtic career as manager Tony Mowbray starts signing talks with Sheffield United defender Matt Kilgallon. (Daily Express)
Hearts are giving a trial to out-of-favour Plymouth Argyle striker Steven MacLean, who is also interesting Aberdeen. (Daily Express)
Kilmarnock and Scotland striker Kevin Kyle has yet to receive a new contract offer and can talk to other clubs in January. (Various)
Jerome Rothen has held talks with Paris St Germain coach Toni Kombouare in an attempt to resurrect his career after the winger told by Rangers he can cut short his loan spell. (The Sun)
Reading have allowed Darren O'Dea to end his loan spell as the Celtic defender has not been a success for the Championship side. (Daily Record)
OTHER GOSSIP
Manchester United manager Sir Alex Ferguson has told rivals City that he will outlast 20 managers at Eastlands, having already seen 14 come and go. Ferguson, 68, has hinted he could retire within the next two years. Full story: The Times
Ferguson, though, has been rocked by the news that striker Dimitar Berbatov requires knee surgery and will be out for three months. Full story: The Sun
Chelsea defender Branislav Ivanovic, 25, will be offered a new long-term contract to stave off interest from Real Madrid. Full story: The Times
Michael Dawson could have played his way into England's World Cup squad. The Spurs centre back started the season as fourth choice at club level, but injuries and a string of fine performances have seen club manager Redknapp push his case to England coach Fabio Capello. Full story: Daily Star
However, Michael Owen is still unlikely to make the plane despite his recent Champions League hat-trick against Wolfsburg. Capello will only pick the striker if he gets more regular football for Manchester United. Full story: The Sun
And Owen's Manchester United team-mate Rio Ferdinand could also be a doubt for South Africa, with club manager Ferguson admitting there is "no light" in terms of his recovery from a back injury. Full story: The Independent
Algeria will allow Madjid Bougherra to play for Rangers in the Old Firm derby on 3 January, returning a favour after the Glasgow club previously allowed the defender to be treated by national team medics. (Various)
New Poland coach Franz Smuda has warned Celtic goalkeeper Artur Boruc to improve his off-the-field behaviour. (Daily Record)
Scotland coach Craig Levein has defended plans to usher Barry Ferguson, Allan McGregor and Kris Boyd back into the international fold as leaving them out in the cold would be akin to "shooting myself in the foot". (Daily Telegraph)
Rangers manager Walter Smith says Hibernian are a genuine threat to the Old Firm for the Scottish Premier League title. (Various)
Hibernian captain Chris Hogg says it is nonsense to be talking about his side winning the SPL title. (Various)
Queen's Park coach Gardner Spiers wants the Scottish Football League, which lost 13 of its 15 Boxing Day fixtures to freezing temperatures, to switch to summer football. (Various)
AND FINALLY
Chelsea boss Carlo Ancelotti could see his extremities turn blue if he goes back on a promise not to sign anyone during the January transfer window.
The Premier League leaders, who have had a transfer ban suspended, will be deprived of several first-team players during the African Cup of Nations, but Ancelotti has promised to run naked in the snow if they dip their toe into the winter market. Full story: Daily Star
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