Arsenal have submitted a 70m euro (£58.6m) bid for Fiorentina striker Dusan Vlahovic. The 21-year-old Serbian striker has scored 17 goals in 21 Serie A appearances this season. (Tutto Mercato)
But despite the offer, Vlahovic is holding out for a move to Premier League leaders Manchester City. (La Repubblica)
Newcastle United are hopeful of signing Burnley defender James Tarkowski, with Burnley willing to take a bid for the 29-year-old Englishman. (Sun on Sunday)
Representatives of Sevilla defender Diego Carlos are trying to persuade the club to sell him to Newcastle. The Magpies are keen on the 28-year-old Brazilian, with the Spanish club wanting around £60m. (90 min)
West Ham are lining up a shock £60m move for Everton striker Dominic Calvert-Lewin. (Sun on Sunday)
Newcastle are set to hold fresh talks with Brighton over a move for Mali midfielder Yves Bissouma, 25, who would cost the Magpies £50m. (Mail on Sunday)
Bournemouth are lining up a late move for Andy Carroll if he leaves Reading. (Sun on Sunday)
Danish midfielder Christian Eriksen, 29, who is currently a free agent, is set to sign for Brentford inside the next 72 hours, seven months after his cardiac arrest at the Euros. (Sunday Mirror)
West Ham want to sign Everton and England striker Dominic Calvert-Lewin, but Everton are asking £60m for the 24-year-old. (Sun on Sunday)
Tottenham have set their sights on young Accrington keeper Toby Savin as a potential future No 1. (Sun on Sunday)
Burnley want to sign Juventus midfielder Aaron Ramsey, 31, on loan until the end of the season. Juve boss Massimiliano Allegri has confirmed the Welshman will leave the club in January. (Sun on Sunday)
Real Madrid manager Carlo Ancelotti says Eden Hazard is set to stay at the club. The 31-year-old Belgian winger has been linked with a return to the Premier League this January. (Mail on Sunday)
Manchester City are set to beat Real Madrid to the signing of River Plate forward Julian Alvarez. The 21-year-old Argentine has been labelled the new Sergio Aguero, with Barcelona and Bayern Munich also interested. (Daily Star on Sunday)
Aston Villa are interested in signing 24-year-old Juventus midfielder Rodrigo Bentancur. The Uruguayan has made 18 Serie A appearances this season. (Mail on Sunday)
West Ham have pulled out of the race to sign Wolves winger Adama Traore after being told the 25-year-old Spaniard is signing for Tottenham. (Football Insider)
Chelsea are interested in Stuttgart left-back Borna Sosa, 24. The Croatian international was a target for Aston Villa earlier in the window, with Inter Milan also interested. (Sky Deutschland)
Liverpool have distanced themselves from signing Borussia Monchengladbach midfielder Denis Zakaria. The 25-year-old Switzerland international was initially linked with a move to Anfield. (Liverpool Echo)
Atletico Madrid are keen on signing Chelsea left-back Marcos Alonso. The Spaniard, 31, is said to be a target for the La Liga side. (Marca)
Arsenal are close to securing an 18-month loan deal for Juventus midfielder Arthur Melo. Juve are willing to let the 25-year-old Brazilian go if they can bring in a replacement. (Tuttosport)
Paris St-Germain are interested in signing 22-year-old Lille striker Jonathan David. Chelsea, Tottenham and Barcelona have also enquired about the Canadian's availability. (Calciomercato)
Belgium and former Manchester United winger Adnan Januzaj, 26, is close to extending his stay at Real Sociedad.
Claudio Ranieri is facing the sack at Watford after just three months in charge. Ranieri is close to leaving the Premier League club following 11 defeats in 14 games, with players and staff understood to be preparing for the appointment of a new head coach.
Manchester City manager Pep Guardiola will be offered the chance to go into international management by the Dutch FA when he eventually leaves Etihad Stadium.
(Sun on Sunday)