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Arsenal, Liverpool and Manchester City are hoping to sign youngster Toni Sanabria, 17, from Barcelona. The Paraguay forward has a £2.7m buy-out clause in his contract.
Barcelona could turn to Chelsea's Brazilian midfielder Ramires, 26, at the end of the season if they fail to beat Liverpool and Manchester United to Atletico Madrid youngster Koke, 21.
Queens Park Rangers boss Harry Redknapp has revealed he is willing to let Julio Cesar, 34, leave the club on a free transfer in January, with Manchester City interested in the Brazilian goalkeeper.
Everton boss Roberto Martinez has identified Portuguese winger Diogo Viana, 23, as a potential January reinforcement.
Dani Osvaldo, 27, is a target for Valencia and Atletico Madrid. The Italy striker has scored only once since joining Southampton in a £14.5m deal from Roma in August.
Lazio's Nigerian midfielder Ogenyi Onazi, 20, is ready to snub interest from Everton and Fiorentina in January after admitting he could see himself playing for Liverpool.
Arsenal and Liverpool are locked in a battle with several European clubs to sign 25-year-old Olympiakos striker Konstantinos Mitroglou.
Swansea hope to pip Cardiff in the January transfer window to the signature of £8m-rated Blackpool striker Thomas Ince, 21.
Chelsea and Manchester United are interesting in securing Real Madrid midfielder Xabi Alonso, 31, on a free transfer in the summer.
Australia's former Everton midfielder Tim Cahill, 33, is hoping to return to the Premier League on a short-term deal in January from MLS side New York Red Bulls to aid his fitness ahead of the World Cup in Brazil.
Newcastle boss Alan Pardew is set to slap a £20m price tag on goalkeeper Tim Krul. Italian Serie A side Juventus are believed to be tracking the 25-year-old, who is under contract at St James' Park until 2017.
Barcelona are believed to be tracking long-term Manchester United target Marco Verratti, 21, with a view to a future move for the midfielder.
Meanwhile, Barca vice-president Josep Bartomeu has reportedly said the Catalans are in advanced talks to sign a new goalkeeper, confirming former Liverpool keeper Pepe Reina, 31, and Marc-Andre ter Stegen, 21, are on their shortlist of candidates.
Manchester City boss Manuel Pellegrini does not regard Liverpool or Tottenham as genuine Premier League title rivals.
Ex-Stoke boss Tony Pulis is considering an improved offer from Crystal Palace to become their new manager and could finally take charge of the Premier League's bottom club later this week.
Joachim Low has said Arsenal's Serge Gnabry can still force his way into Germany's World Cup squad after admitting he is keeping an eye on the 18-year-old.
Queens Park Rangers goalkeeper Rob Green admits to a dark side by revealing that one of the perks of the job is disappointing opposition fans desperate to see their team score.