Aston Villa manager Gerard Houllier has placed an £80m price tag on Ashley Young after Manchester United and Liverpool revealed their interest in the winger.
Arsenal and Manchester City have joined the race to sign Sporting Lisbon's teenage winger Zezinho, dubbed "the new Cristiano Ronaldo".
Napoli are pondering a January move for Liverpool's teenage striker Nathan Eccleston.
Liverpool are considering recalling midfielder Alberto Aquilani from his season-long loan to Juventus.
The Reds are also interested in Lille's central defender Adil Rami and forward Gervinho.
But Lille midfielder Eden Hazard will not be leaving the club despite interest from Liverpool manager Roy Hodgson.
Liverpool could make a shock January move for Manchester City winger Adam Johnson.
Manchester United expect to clinch the signing of 26-year-old goalkeeper Anders Lindegaard, of Norwegian club Aalesund, by the weekend.
In-form striker Johan Elmander has stalled on signing a new contract with Bolton - and sparked a scramble for his signature. Liverpool, Newcastle and Stoke are interested.
Fulham are ready to win the £3m race for 6ft 8in Ivory Coast striker Lacina Traore of Romanian side Cluj.
Cottagers boss Mark Hughes could raid former club Manchester City with keeper Shay Given, winger Shaun Wright-Phillips and striker Roque Santa Cruz all on Fulham's wish list.
Manchester United target David De Gea has said he will happily reject overtures from Sir Alex Ferguson to remain at Atletico Madrid.
Dimitar Berbatov will definitely not be leaving Old Trafford in January, according to the player's agent Emil Dantchev.
Birmingham are poised to make a £2m move for Swedish striker Denni Avdic who plays for IF Elsborg.
Arsenal target Gokhan Inler could leave Udinese if the right club makes the right offer, says the Swiss midfielder's agent.
Dinamo Zagreb vice-president Zdravko Mamic has revealed that the Croatian side have rejected a £17m offer from Arsenal for highly rated youngsters midfielder Mateo Kovacic and wing-back Sime Vrsaljko.
Atletico Madrid forward Diego Forlan says he will not be joining Tottenham in January and will instead end his career in Spain.
Palermo's defensive midfielder Armin Bacinovic is a target for Chelsea and Liverpool.
OTHER GOSSIP
Tottenham defender William Gallas has boldly predicted that Spurs can win "everything" this season, despite having already been knocked out of the Carling Cup.
Fulham chairman Mohamed Al Fayed will back manager Mark Hughes in the transfer window but vented his anger at the 4-1 home loss to Manchester City last week.
Plymouth have held talks with former Leeds and Cardiff chairman Peter Ridsdale over potential investment in the cash-strapped club.
Tottenham will press ahead with plans to move to the Olympic Stadium despite receiving the go-ahead to build a new 56,000-seater arena adjacent to White Hart Lane.
Winger Stewart Downing believes new Aston Villa manager Gerard Houllier needs to bring in up to five new players during the January transfer window.
AND FINALLY
Bolton boss Owen Coyle has revealed that the team's good spirit has been partly helped by the game rock-papers-scissors.
"The lads do a 'scissors, paper, rock' thing and there is a punishment for the loser. So they are getting good at playing it - or else. The loser gets his ears flicked and it is painful," said the Scot.
Arsenal and Manchester City have joined the race to sign Sporting Lisbon's teenage winger Zezinho, dubbed "the new Cristiano Ronaldo".
Napoli are pondering a January move for Liverpool's teenage striker Nathan Eccleston.
Liverpool are considering recalling midfielder Alberto Aquilani from his season-long loan to Juventus.
The Reds are also interested in Lille's central defender Adil Rami and forward Gervinho.
But Lille midfielder Eden Hazard will not be leaving the club despite interest from Liverpool manager Roy Hodgson.
Liverpool could make a shock January move for Manchester City winger Adam Johnson.
Manchester United expect to clinch the signing of 26-year-old goalkeeper Anders Lindegaard, of Norwegian club Aalesund, by the weekend.
In-form striker Johan Elmander has stalled on signing a new contract with Bolton - and sparked a scramble for his signature. Liverpool, Newcastle and Stoke are interested.
Fulham are ready to win the £3m race for 6ft 8in Ivory Coast striker Lacina Traore of Romanian side Cluj.
Cottagers boss Mark Hughes could raid former club Manchester City with keeper Shay Given, winger Shaun Wright-Phillips and striker Roque Santa Cruz all on Fulham's wish list.
Manchester United target David De Gea has said he will happily reject overtures from Sir Alex Ferguson to remain at Atletico Madrid.
Dimitar Berbatov will definitely not be leaving Old Trafford in January, according to the player's agent Emil Dantchev.
Birmingham are poised to make a £2m move for Swedish striker Denni Avdic who plays for IF Elsborg.
Arsenal target Gokhan Inler could leave Udinese if the right club makes the right offer, says the Swiss midfielder's agent.
Dinamo Zagreb vice-president Zdravko Mamic has revealed that the Croatian side have rejected a £17m offer from Arsenal for highly rated youngsters midfielder Mateo Kovacic and wing-back Sime Vrsaljko.
Atletico Madrid forward Diego Forlan says he will not be joining Tottenham in January and will instead end his career in Spain.
Palermo's defensive midfielder Armin Bacinovic is a target for Chelsea and Liverpool.
OTHER GOSSIP
Tottenham defender William Gallas has boldly predicted that Spurs can win "everything" this season, despite having already been knocked out of the Carling Cup.
Fulham chairman Mohamed Al Fayed will back manager Mark Hughes in the transfer window but vented his anger at the 4-1 home loss to Manchester City last week.
Plymouth have held talks with former Leeds and Cardiff chairman Peter Ridsdale over potential investment in the cash-strapped club.
Tottenham will press ahead with plans to move to the Olympic Stadium despite receiving the go-ahead to build a new 56,000-seater arena adjacent to White Hart Lane.
Winger Stewart Downing believes new Aston Villa manager Gerard Houllier needs to bring in up to five new players during the January transfer window.
AND FINALLY
Bolton boss Owen Coyle has revealed that the team's good spirit has been partly helped by the game rock-papers-scissors.
"The lads do a 'scissors, paper, rock' thing and there is a punishment for the loser. So they are getting good at playing it - or else. The loser gets his ears flicked and it is painful," said the Scot.