Newcastle United are in competition with Juventus to sign Toulouse midfielder Moussa Sissoko, 23.
Roma are leading the race to sign Portuguese winger Nani, 26, from Manchester United when the transfer window re-opens in January.
Frank Lampard, 34, accepts he will be leaving Chelsea at the end of the season.
Arsenal shareholder Alisher Usmanov says former Arsenal striker Thierry Henry, 35, should join Arsenal's coaching staff.
Wolves academy manager Kevin Thelwell has been promoted to the new role of head of football development and recruitment, where he will assist manager Stale Solbakken with first-team player recruitment.
Joey Barton's dream move to Marseille looks to have turned sour after the 30-year-old moaned on Twitter at having to play in front of "no fans" and then have a "freezing" cold shower.
Manchester City defender Micah Richards, 24, hopes to return to playing by early February after knee surgery in October.
Former Liverpool director of football Damien Comolli says that he and Kenny Dalglish were judged too quickly at the club.
Fiorentina will make a £5.6million bid for Queens Park Rangers' midfielder Esteban Granero, 25, next month.
Everton are unlikely to try to bring USA international Landon Donovan, 30, to Goodison on loan for a third time in January.
Arsenal and Manchester City are preparing to test Athletic Bilbao's resolve to keep hold of striker Fernando Llorente, 27, in the January transfer window.
Liverpool's hopes of signing Barcelona winger Cristian Tello, 21, appear to be over after he signed a new contract with the Spanish club - but he does have an £8million buy out clause.
Chelsea are ready to trump Manchester United for want-away Arsenal star Theo Walcott.
The Sun says Blues boss Rafa Benitez is confident of getting his man as the £15million-rated winger would not have to uproot from London.
Liverpool are long-term admirers and both Manchester United and Manchester City are keen.
But Chelsea have sent a scout to watch Walcott — and plan to use him as a more central attacker, a role the England man craves.
Interim boss Benitez will have cash to spend in next month’s transfer window.
He rates Walcott’s lightning pace as a huge asset as he looks to land a player to support Fernando Torres.
The forward, 23, has refused to sign a new £80,000-a-week contract at Arsenal — and can leave for nothing next summer when his current deal runs out.
The Gunners know they could still raise around £15m for the player by selling him in January.
Walcott is likely to try to wait until the summer before moving.
As a free agent he could command a signing-on fee of around £3m plus £90,000-a-week wages.
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