Arsenal and Manchester United are preparing to move for Real Madrid defender Sergio Ramos. The Spain international is valued at £25m. Full story: Caught Offside
Everton left-back Leighton Baines and Benfica defender Fabio Coentrao have been lined up by Manchester United as possible replacements for Patrice Evra - if the 29-year-old Frenchman joins Real Madrid this summer. Full story: Daily Telegraph
Manchester United have been warned off a summer move for Japanese star Shinji Kagawa, with Borussia Dortmund valuing him at £20m. Full story: talkSPORT
Sunderland manager Steve Bruce will approach his former manager Sir Alex Ferguson about signing Manchester United veteran Michael Owen this month as a replacement for Darren Bent. Full story: Caught Offside
Bruce has also enquired about Tottenham's Russia striker Roman Pavlyuchenko but will not pay the £13.8m asking price for the 29-year-old and will instead turn his attention to Stoke's Ricardo Fuller, Wigan's Hugo Rodallega and Birmingham's Kevin Phillips. Full story: Daily Express
Sunderland will also bring forward their pursuit of Wigan's French winger Charles N'Zogbia but are not prepared to meet the club's £12m valuation. Full story: the Times (subscription only)
Schalke 04 midfielder Ivan Rakitic is being chased by Manchester United, Tottenham Hotspur, Bolton Wanderers and Everton. The Croatian will be out of contract in the summer. Full story: sport.co.uk
Chelsea boss Carlo Ancelotti is weighing up £25m-rated Udinese midfield star Alexis Sanchez but has been unable to agree a fee for the 23-year-old Chile international. Full story: the Sun
Meanwhile, Chelsea have earmarked Manchester City's Joleon Lescott, 27, as an alternative if they fail to prise defender David Luiz, 23, from Benfica. Full story: Daily Mail
Tottenham Hotspur are weighing up the possibility of a £16.5m move for former Manchester United striker Giuseppe Rossi, 23, who is now established as one of the best strikers in the Spanish league at Villarreal. Full story: the Independent
Manchester City striker Emmanuel Adebayor has been cleared to approach his old club Monaco with a view to a cut-price £9m transfer. Full story: Daily Mirror
Liverpool could be on the verge of sealing a deal with Ajax for 23-year-old Luis Suarez, with Dutch forward Ryan Babel a potential makeweight in a package worth about £18m. Full story: Daily Express
Meanwhile, Paul Konchesky could rejoin Fulham on loan as Liverpool explore ways of offloading the left-back who only arrived at Anfield from Craven Cottage four and a half months ago for £4m. Full story: Daily Mail
Keisuke Honda's agent is to discuss the Japan international's future with Premier League clubs. Liverpool are leading the hunt for the CSKA Moscow midfielder but Arsenal and Aston Villa are also interested. Full story: sport.co.uk
Aston Villa are ready to let unwanted midfielder Stephen Ireland join Newcastle on loan and are preparing a third, improved £4m bid for Blackpool playmaker Charlie Adam. Full story: Daily Mirror
West Bromwich Albion are trying to seal a six-month deal for Aston Villa's Norwegian striker John Carew, 31, in time for him to make his debut this weekend. Full story: Daily Star
Blackburn boss Steve Kean hopes to seal a cut-price deal for Birmingham winger Sebastian Larsson this week, with the Swede available because his contract expires in the summer. Full story: the Sun
West Ham are targeting Sporting Lisbon's attacking midfielder Simon Vukcevic, with the 24-year-old Montenegro player valued at £17m, although the Hammers only want to pay about £6m. Full story: Daily Star
Middlesbrough's Scottish striker Kris Boyd, 27, is wanted by Russian club Terek Grozny, who appointed former Chelsea manager Ruud Gullit as their head coach this week. Full story: Daily Mirror
Sheffield Wednesday are set to sign striker Lee Hughes, 34, from League One rivals Notts County in a £200,000 deal. Full story: Daily Mirror
Portsmouth boss Steve Cotterill has tabled a £250,000 bid for Ipswich midfielder David Norris, 29, who is out of contract in the summer. Full story: Daily Mirror
Rangers are trying to sign striker David Healy, a lifelong fan of the Ibrox side, on loan from Sunderland. (Daily Mirror)
Celtic are in pole position to sign 24-year-old Levski Sofia striker Garra Dembele, who is also being chased by several English clubs. (Daily Mail)
Celtic are back in the trail of Dane Michael Silberbauer having previously cooled their interest in the Utrecht midfielder. (Daily Express)
Inverness Caledonian Thistle want to sign Raith Rovers striker Gregory Tade, but the 24-year-old Frenchman is also attracting interest from English clubs. (Daily Express)
Marius Zaliukas and Ismael Bouzid could be the subject of January bids, with Leeds United and Sheffield United among Championship clubs interested in the Hearts defenders. (Daily Express)
St Johnstone have joined Aberdeen and Hibernian in the fight to sign out-of-favour Norwich City midfielder Stephen Hughes on loan. (Daily Express)
OTHER GOSSIP
Blackburn Rovers caretaker boss Steve Kean has been handed the Ewood Park position on a permanent basis. He has been given a two-and-a-half-year contract after going through his plans with the club's owners in India. Full story: Daily Mirror
Real Madrid manager Jose Mourinho has hinted he could leave the Spanish side this summer after a row with sporting director Jorge Valdano over transfer policy. Liverpool, Manchester City and Manchester United are all potential suitors, with the English Premier League his preferred destination. Full story: Daily Mirror
Tessa Jowell, the former Olympic minister who retains a place on the London 2012 board, says West Ham's joint bid with Newham council to take over the Olympic stadium does fulfil the promises made in the bid book. Full story: the Guardian
Harry Redknapp will give France defender William Gallas, 33, a new contract at the end of the season. Full story: the Sun
Avram Grant has been handed no extra funds to recruit players, despite West Ham United's statement on Tuesday backing their under-pressure manager. Full story: the Guardian
However, West Ham's joint owners David Sullivan and David Gold have pledged to personally meet a shortfall of £25m to £30m if the club is relegated from the Premier League this season. Full story: the Daily Telegraph
Olivier Kapo claims Celtic reneged on a promise to hand him a contract at the end of his probationary three months after the club released the French midfielder saying he had not done enough during that time to earn a longer deal. (Various)
AND FINALLY
Stoke star Jermaine Pennant was reported to have forgotten he owns a Porsche in Spain after his former club Real Zaragoza contacted him about the car, which had been parked at a local rail station for five months. Pennant said he did not remember anything about the car and his agent denied the oversight. Full story: Daily Mirror
Real Madrid forward Cristiano Ronaldo says Manchester City's Italian striker Mario Balotelli should "speak less and play more" after a series of outbursts by the former Inter Milan man. Full story: Daily Star
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