Reports suggest Manchester United are following Bayer Leverkusen midfielder Hakan Calhanoglu very closely.
Arsenal forward Alexis Sanchez will be offered a £130,000-a-week contract if he commits his future to the Gunners for the next five years.
Chelsea are reported to be big fans of young Porto star Ruben Neves, although the 18-year-old midfielder's buyout clause may prove to be a stumbling block.
According to the Daily Mirror, Newcastle United are preparing a January move to sign Wolverhampton Wanderers striker Benik Afobe. The Magpies added two strikers in January, with Aleksandar Mitrovic and Ivan Toney arriving from Anderlecht and Northampton Town respectively.
Brazil midfielder Ramires looks likely to sign an extension at Stamford Bridge, if reports are to be believed. The 28-year-old is said to have been offered €3.7 million per year.
Reports claim Jose Mourinho's side have completed a deal to sign former Milan goalkeeper Marco Amelia on a free transfer as back up for Asmir Begovic.