For a list of all the latest deals, check out the transfers page.
Manchester United could sign winger Gareth Bale, 25, from Real Madrid for £90m, with the Spanish giants to use the money to sign Chelsea midfielder Eden Hazard, 23. (Daily Star)
New York Red Bulls sporting director and former Liverpool boss Gerard Houllier is ready to offer Steven Gerrard a lucrative deal if the 34-year-old turns down a new contract at Anfield. (Daily Mirror)
Manchester City are the latest club to join the race to sign £47m-rated Borussia Dortmund and Germany defender Mats Hummels, 25. (Daily Express)
Tottenham are considering a bid for Israel striker Eran Zehavi, with the 27-year-old Maccabi Tel Aviv player believed to be available for as little as £1.6m. (caughtoffside.com)
Former Liverpool defender Jamie Carragher has urged Reds manager Brendan Rodgers to offer at least £20m for Swansea striker Wilfried Bony, 26, in January. (Daily Express)
Arsenal are preparing to move for German defender Benedikt Howedes, 26, as Arsene Wenger looks to strengthen his under-manned defence in January. (Metro)
Inter Milan will battle Ajax and Real Sociedad to secure a loan deal for Manchester United winger Adnan Januzaj, 19, in January. (Daily Star)
Despite injuries to all three of their frontline strikers, Manchester City have agreed a £3m deal to let John Guidetti, 22, turn his loan move to Celtic into a permanent deal.(Daily Record)
Atletico Madrid have rejected Manchester City's £17.4m bid for highly-rated Uruguayan defender Jose Gimenez, 19. (AS)
Werder Bremen are being linked with a January move for 24-year-old Sunderland striker Jozy Altidore despite the striker failing to score in the Premier League for more than a year. (Sunderland Echo)
The Glazer family intend to maximise their investment in Old Trafford by using big-name signings to drive the club's value up to £3bn. (Daily Express)
Former Liverpool defender Jamie Carragher has warned current Reds boss Brendan Rodgers that his job is not safe under the club's "ruthless" owners. (Sun - subscription required)
Hull manager Steve Bruce has admitted he does not know where midfielder Hatem Ben Arfa, 27, is and that his career with the Tigers appears to be over.(Times - subscription required)
Former Manchester United captain Bryan Robson has questioned whether manager Louis van Gaal's double training sessions could be the cause of the club's injury crisis. (Talksport)
West Ham striker Andy Carroll, 25, says his partying days are over as he rebuilds his reputation.(Daily Mirror)
West Brom have halted contract talks with leading scorer Saido Berahino, 21, over concerns about his lifestyle. (Express & Star)
Manchester City manager Manuel Pellegrini has launched an investigation into why so many of his players are suffering muscle injuries. (Daily Mail)
Inter Milan have opened talks to sign Chelsea winger Mohamed Salah, with the 22-year-old struggling to impress since arriving at Stamford Bridge in January. (Talksport)
BEST OF SOCIAL MEDIA
Manchester United goalkeeper David De Gea's heroics against Liverpool sparked a series of internet viral images about what else the 24-year-old could save, including Game of Thrones character Ned Stark, Dumbledore from the Harry Potter movies and planet Earth.
Injured Liverpool striker Daniel Sturridge, 25, tweeted to admit he was "absolutely gutted" after his side's 3-0 defeat at Manchester United.
Mexico goalkeeper Guillermo Ochoa, 29, who is at Spanish side Malaga, Gstarted following Liverpool FC on Twitter minutes after they dropped Simon Mignolet.
Former Manchester United goalkeeper Peter Schmeichel and ex-Liverpool striker Robbie Fowler were in attendance as tens of thousands fans turned up to a live screening of United's 3-0 win over the Merseyside club in Mumbai, India on Sunday. (Daily Telegraph)
Formula 1 world champion Lewis Hamilton was named BBC Sports Personality of the Year last night, but Chelsea goalkeeper Thibaut Courtois has been named Belgian Sportsman of the Year to become the first footballer to win the award. (Daily Mail)