Manchester United are hoping to tie up a double deal for Edinson Cavani and Marco Reus. The Red Devils will aim to complete both deals in January but may face a combined fee of £70 million and upwards.
Inter have set their sights on Arsenal attacker Lukas Podolski and have already approached the Germany international's entourage to discuss a potential transfer.
Liverpool have entered the race with Arsenal to sign Palermo’s talented 21-year-old striker Paulo Dybala.
Chelsea are closing in on a deal for Andrej Kramaric. The Rijeka frontman has 28 goals in as many games this season and is wanted by a number of top European clubs, though the Blues are believed to be on the brink of clinching his signing.
Real Madrid are ready to offer Jese Rodriguez a new and improved deal worth €2 million per year, which would keep him at the club until the summer of 2021.
Inter have approached the agent of Paris Saint-Germain attacker Ezequiel Lavezzi to discuss a loan move until the end of the 2014-15 campaign.
Arsenal and Liverpool are both preparing a January bid for Paris Saint-Germain striker Edison Cavani. The Uruguay international is also wanted by Manchester United.
Arsenal manager Arsene Wenger is planning a £15 million bid for Southampton midfielder Morgan Schneiderlin.
AC Milan have offered Giampaolo Pazzini to Premier League clubs ahead of the January transfer window. Queens Park Rangers, Sunderland and Aston Villa are interested.
PSG are lining up a move for Tottenham's Christian Eriksen after making the playmaker their top target. The French side have given up on a new move for Angel Di Maria and will move for Eriksen instead.
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