ARSENAL manager Arsene Wenger wants to sign Schalke playmaker Julian Draxler, 20, for £35m and then turn him into the new Robin van Persie.
LIVERPOOL have joined the race to sign Porto midfielder Fernando, 26.
EVERTON left back Leighton Baines (left), who has been linked with a move to Manchester United, is on the verge of signing a new long-term deal that will commit his future to the Blues.
MANCHESTER UNITED will not be allowed to re-sign midfielder Paul Pogba from Juventus in January, but a deal for the 20-year-old could be revived in the summer.
But Pogba is bitter about his time at Old Trafford and refuses to return to the club.
Turkish club GALATASARAY want to sign Stoke City midfielder Charlie Adam, 28, for £5m.
SUNDERLAND manager Gus Poyet (right) has been told he must pay £6.5m to land Argentine forward Ignacio Scocco, 28, from Internacional.
TOTTENHAM may be preparing to take a £1.5m loss on Etienne Capoue just six months after signing the 25-year-old French midfielder from Toulouse for £9m.
TOTTENHAM are also set to let midfielder Lewis Holtby leave. The 23-year-old only signed for them last January from Schalke, who are believed to be interested in taking him back.
CARDIFF manager Ole Gunnar Solskjaer is keen on bringing in Manchester United winger Wilfried Zaha (left) and West Ham midfielder Ravel Morrison, 20, to help the club’s relegation fight.
MANCHESTER CITY are ready to reignite their interest in £42m-rated defender Eliaquim Mangala, 21, from Porto.
Spanish clubs VALENCIA and REAL BETIS want to sign Liverpool striker Iago Aspas.