Manchester United are holding out for more than £20m for out-of-favour midfielder Morgan Schneiderlin, 27, who has been the subject of bids from West Brom and Everton. (Manchester Evening News)
French side Marseille have joined the race to sign Schneiderlin and are willing to meet United’s valuation. (Sun)
United midfielder Michael Carrick, 35, is still waiting to be offered a new contract, with his current deal expiring in the summer, and is now free to talk to other clubs. (Sun)
Manchester City boss Pep Guardiola will wait until the summer before making a move for Atletico Madrid defender Lucas Hernandez, 20. The Frenchman is valued at £20m by the Spanish club. (Independent)
Guardiola says it will take the club 10 years to catch up to rivals United in terms of European stature. (Daily Mirror)
Tottenham will not sell midfielder Dele Alli, 20, at any price after reports emerged that Real Madrid are considering a £50m move for the England international. (Sky Sports)
Manchester United and Manchester City are keeping an eye on defender Jordan Bedeau, 17, and forward Callum Styles, 16, who have broken into League One side Bury’s first team this season. (ESPN)
City are also interested in signing Sevilla midfielder Steven N’Zonzi, 28, for £25m as cover for the injured Ilkay Gundogan. (Sun)
French Ligue 1 side Lille are looking to sign Chelsea striker Michy Batshuayi, 23, on loan – the Belgian has played just 11 league games since signing for the Blues for £33m in the summer. (Daily Mirror)
Chelsea boss Antonio Conte has made West Ham midfielder Michail Antonio, 26, a surprise inclusion on a list of players he wants to sign in the transfer window. (Sun)
Blues midfielder Jon Mikel Obi, 29, has received offers from four Chinese Super League clubs – the Nigerian’s contract at Stamford Bridge ends in the summer. (Daily Mirror)
Napoli full-back Faouzi Ghoulam, 25, has rejected a new contract amid interest from Premier League leaders Chelsea. (Evening Standard)
Sunderland have rejected West Ham’s bid to re-sign 34-year-old striker Jermain Defoe for £5m. (Mirror)
West Ham striker Simone Zaza, 25, who has failed to score for the club since joining on loan in the summer, will return to Serie A for the rest of the season, according to the Italy international’s agent. (Evening Standard)
The Hammers, Everton and Swansea are all interested in signing 21-year-old RB Leipzig striker David Selke, who scored 10 goals to help the club win promotion to the Bundesliga last season. (Daily Mail)
Watford have made an £8m offer for Brentford striker Scott Hogan, 24, who has scored 14 goals in 25 Championship games this season. (Guardian)
Liverpool have rejected approaches from five clubs for midfielder Kevin Stewart, 23, because boss Jurgen Klopp sees him as the perfect squad player. (Liverpool Echo)
Meanwhile, Liverpool want to avoid getting into a club versus country row over Joel Matip’s availability for Cameroon at the Africa Cup of Nations. The 25-year-old has been named in the squad – but his club thought he had retired from international duty. (Guardian)
Rangers have made 21-year-old Arsenal midfielder Jon Toral, who is currently on loan at La Liga side Granada, their main January transfer target. (Daily Record)
Everton will move to sign Middlesbrough defender Ben Gibson, 23, if they fail to land manager Ronald Koeman’s top target Virgil van Dijk. The 25-year-old defender is valued at £50m by current club Southampton. (Daily Mirror)
Premier League champions Leicester will move to sign Norwich winger Robbie Brady, 24, once they offload Polish international Bartosz Kapustka, 20, who is yet to play for the club. (Daily Mirror)
West Brom are looking to sign Southampton striker Shane Long, 29, and Leeds defender Charlie Taylor, 23, this month. (Sun)
Aston Villa have made a £3m bid to sign Nottingham Forest midfielder Henri Lansbury, 26, after Derby’s £2.5m offer for the player was rejected last week. (Birmingham Mail)
QPR midfielder Tjaronn Chery, 28, is close to joining Chinese Super League side Guizhou Hengfeng Zhicheng for a fee in excess of £4m. (Sky Sports)
Birmingham have made a £4m bid to sign Crystal Palace winger Bakary Sako, 28. The Mali international has made just four appearances for the Eagles this season. (Daily Mail)
Wolves boss Paul Lambert wants to sign Blackburn midfielder Ben Marshall, 25, having worked with the player in his time at Ewood Park. (Daily Mirror)
