For updated transfer news and gossip throughout the day, read our breaking news service Sportsday Live.
Chelsea are considering moves for Marseille's France striker Loic Remy, 25, and Porto's Colombian forward Jackson Martinez, 26, after being put off by Atletico Madrid's £46m valuation for Colombian striker Radamel Falcao, 26.
Tottenham could move for Andy Carroll in January. Liverpool's England striker, 23, is on loan at West Ham.
Roma are ready to listen to offers for their £30m-rated captain Daniele De Rossi. The Italian side turned down an offer from Manchester City for the 29-year-old midfielder in the summer.
Liverpool could miss out on Athletic Bilbao's Fernando Amorebieta, 27, with Roma and Zenit St Petersburg showing interest in the Venezuela defender.
Liverpool are closing in on Schalke striker Klaas-Jan Huntelaar. The German side are understood to be ready to let their 29-year-old Dutch international leave in January, although Liverpool's £9m valuation may not be enough.
Lille coach Rudi Garcia wants to re-sign Liverpool midfielder Joe Cole, 30, who spent last season on loan with the French club, but admits it is not financially possible.
Reading are preparing a move for Arsenal's £15m-rated Russian playmaker Andrey Arshavin, 31.
Manchester United are considering Blackpool winger Tom Ince, 20, as a potential replacement for Nani, 25. Ince is an option for Sir Alex Ferguson due to uncertainty over the Portuguese winger's future.
Leeds want to keep Stoke midfielder Michael Tonge, 29, who has more than half of his three-month loan deal at Elland Road remaining, for the rest of the season.
Manchester City striker Mario Balotelli is planning to miss the hectic Yuletide schedule by taking two weeks off to be with his pregnant girlfriend, who is due to give birth on Christmas Day.
Stoke defender Ryan Shawcross, 25, who has 18 months left on his contract, has been offered a six-year deal as the Potters attempt to ward off interest from former club Manchester United and Tottenham.
Lille's France right-back Mathieu Debuchy, 27, admits he was disappointed not to join Newcastle during the summer and does not expect to move in the January transfer window.
Portsmouth manager Michael Appleton has emerged as the strong favourite to replace Ian Holloway at Blackpool.
Spanish defender Marc Bartra, 21, insists he has no issues with Barcelona team-mate Lionel Messi, despite reports of a training-ground clash with the striker at the start of the season.
Real Madrid forward Cristiano Ronaldo, 27, has revealed he would vote for himself to win the Ballon d'Or if it was allowed. He added: "I am what I am and I'm delighted."
Neymar, 20, who has been linked with a move to Barcelona and is rated as the best young striker in Brazil, has joked that the only way he will play alongside Lionel Messi is if the Argentina forward joins him at Santos.