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Frank Lampard, 34, and Ashley Cole, 31, will not be handed new long-term contracts by Chelsea. The Blues are only prepared to offer one-year deals to the pair - even if it means losing them as free agents at the end of the season.
Inter Milan are interested in Arsenal's 29-year-old defender Bacary Sagna, according to Corriere dello Sport. The Italian paper claims the Serie A club are monitoring the right-back's rehabilitation from a broken leg with a view to a summer move.
Long-term Manchester United and Liverpool midfield target Mesut Ozil, 23, has dismissed speculation linking him with a move away from Real Madrid.
Ajax midfielder Christian Eriksen, 20, says he is flattered by the interest shown in him by Liverpool but insists a move to Anfield is unlikely.
Liverpool are also keen on Hamburg's 20-year-old South Korea forward Son Heung-min.
Chelsea are ready to make a second move in January to capture Marseille's 25-year-old striker Loic Remy.
Manchester City and Chelsea are on alert after Atletico Madrid general manager Miguel Angel Gil Marin admitted the Spanish club would benefit if Colombian striker Radamel Falcao, 26, were to be bought out of his contract in the summer.
Arsenal have written off £5.5m in their accounts to cover the wages of transfer flop Park Chu-young, 27, who is on loan at Celta Vigo.
John Terry, 31, is considering ending the fight to clear his name and accept a four-match ban for racially abusing Anton Ferdinand.
Former Barcelona coach Pep Guardiola has been tipped to replace Arsenal manager Arsene Wenger.
Newcastle United's £24m shirt sponsorship deal with Wonga has been engulfed in fresh controversy after the club's Muslim players were warned that wearing the new shirts would infringe Sharia law.
Blackburn Rovers will draw up a shortlist of potential managers on Thursday, although the club's Premier League-winning striker Alan Shearer, despite expressing interest in the job, has had no contact with the owners Venky's.
Mick McCarthy is hot favourite to be the new Bolton boss following the sacking of Owen Coyle.
Liverpool manager Brendan Rodgers has been filmed playing a psychological game on his players involving three envelopes.
Meanwhile, Rodgers has taken exception to Alan Shearer's analysis of Joe Allen, 22, and believes it shows the former England striker does not grasp how his Liverpool team operate.
Tottenham forward Clint Dempsey says fishing is one of his favourite pastimes because it reminds the 29-year-old of his childhood.