Everton have joined the race to sign Arsenal forward Theo Walcott, 28. The Englishman is also wanted by his first club Southampton, with the Gunners set to ask for close to £30m. (Liverpool Echo)
RB Leipzig could let Guinean midfielder Naby Keita join Liverpool this month. The Reds have already agreed to sign the 22-year-old in the summer for £48m but may be able to take him in January for an additional 15-20m euros payment. (Bild - in German)
Republic of Ireland boss Martin O'Neill was set to meet with Stoke Cityofficials on Wednesday over the vacant managerial position, with assistant Roy Keane also expected to move if he takes the job. (Irish Independent)
Guangzhou Evergrande say they will not enter a bidding battle with fellow Chinese Super League side Beijing Guoan for the services of 28-year-old Gabon and Borussia Dortmund striker Pierre-Emerick Aubameyang. (ESPN)
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Tottenham have begun informal discussions with midfielder Dele Alli. The club are said to be confident of agreeing a new deal with the 21-year-old England international. (Daily Mirror)
Fulham vice-chairman Tony Khan has said the club's 17-year-old English left-back Ryan Sessegnon will not be sold this month, amid interest from Manchester United and Tottenham Hotspur. (Daily Telegraph)
Manchester United will have to pay up to £27m to sign 22-year-old Belgian midfielder Leander Dendoncker from Anderlecht in January. (Manchester Evening News)
Crystal Palace could complete the signing of Senegal striker Diafra Sakho, 28, from West Ham by the end of the week. (Daily Mirror)
Huddersfield have agreed a £14m deal with Norwichto sign winger Alex Pritchard, 24. The Englishman left Tottenham for £8m in the summer of 2016. (Daily Mail)
West Ham have been told that they will have to pay £15m for Bournemouth and Republic of Ireland midfielder Harry Arter, 28. (Daily Mirror)
Real Madrid midfielder Dani Ceballos has informed the club he wants to leave, with Liverpool reportedly interested in signing the 21-year-old Spaniard. (Diario Gol - in Spanish)
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Hearts are set to sign Manchester United left-back Demetri Mitchell on loan. The 20-year-old English defender would be the Scottish side's first signing of the January transfer window. (Edinburgh Evening News)
Barcelona's Gerard Pique has warned Manchester United that fellow defender Samuel Umtiti will stay at the club for "many more years". The 24-year-old Frenchman has a £55m release clause in his contract. (Metro)
Meanwhile, the Catalan club are about to sign Palmeiras defender Yerry Mina. The 23-year-old Colombian will sign a five-and-a-half-year contract. (Radio Catalunya - in Spanish)
He is set to replace 33-year-old Barca and Argentina defender Javier Mascherano who is expected to join Chinese Super League club Hebei China Fortune. (Goal)
Germany and Juventus midfielder Sami Khedira, 30, says he is not keen to play in Major League Soccer and wants to stay in Turin when his contract expires in 2019. (Gazzetta dello Sport)
Millwall have approached Aston Villa about signing 30-year-old defender Tommy Elphick on loan for the rest of the season. Villa manager Steve Bruce has refused to rule out the Englishman leaving the club this month. (Birmingham Mail)
Newcastle manager Rafael Benitez is expected to reiterate his appeal to owner Mike Ashley and managing director Lee Charnley to get player signings completed before his self-imposed deadline of 20 January. (Newcastle Chronicle)
Wolves plan to make the loan deal for Porto's 26-year-old French centre-half Willy Boly a permanent one should they win promotion this season. (Express & Star, Wolverhampton)
Kagwirawo Sports Betting
Best of Wednesday's gossip
Real Madrid have made an approach to Eden Hazard's representatives as they plan a bid for the 27-year-old Chelsea and Belgium playmaker. (Radio Montecarlo, via Mail)
Manchester City are to open preliminary talks with England's Raheem Sterling, 23, regarding a new contract - and could make the winger one of the club's highest-paid players. (Guardian)
Manchester United are interested in Paris St-Germain's Lucas Moura but have not yet made a bid for the 25-year-old Brazil winger. (Sky Sports)
Manchester City have offered Arsenal £20m for striker Alexis Sanchez, 29, with the Chile forward understood to have agreed terms on a £250,000-a-week contract. (Guardian)
Source: Gossip was compiled by BBC's Louise Gwilliam and Matt Davis
