Costa to cost Chelsea £80million (but not), Sherwood worried about Eriksen leaving and Barca still want David Luiz
REAL MADRID WANT COLE
After struggling to retain his place in Jose Mourinho's starting XI this season, it looks like Ashley Cole could be handed an exit route from Chelsea by Real Madrid.
The Daily Express claim that Carlo Ancelotti is keen to team up with the 33-year-old again and is preparing an offer of a short-term deal.
'Ancelotti - bracing himself to lose his current left-back Fabio Coentrao, who is unsettled - believes Cole is still capable of playing at the highest level and would get him cheaply in the January transfer window or on a free in the summer when his contract runs out,' report the Express.
'Chelsea manager Jose Mourinho is anxious to bring in Southampton left-back Luke Shaw - also a target for Manchester United - but has been quoted a price of £35million.
'Chelsea are hoping to broker an agreement at a reduced fee of around £20m which would then push Cole down the pecking order.'
BAINES STAYING AT EVERTON
Manchester United's hopes of signing Leighton Baines in January have been dealt a blow by Roberto Martinez after the Everton manager insisted the left-back will remain at Goodison.
There have been reports linking United with a fresh £20million bid for Baines, but Martinez said: "I can guarantee that Leighton Baines will be here at the end of the season. That is 100 percent.
"Bryan Oviedo has been terrific while Baines has been injured, but we will need them both."
You can read more on that one here.
ARSENAL EYE MORATA
Arsenal are planning a January loan move for Alvaro Morata, according to the Daily Mail.
The Real Madrid youngster has scored twice in ten La Liga appearances this season, but has started only one match so far.
'Arsene Wenger will delay making a final decision on whether he needs to boost his squad for the title run-in by taking 21-year-old Morata, who is valued at around £15 million, on loan,' claim the Mail.
'Real manager Carlo Ancelotti has used Morata only sparingly and the club would be happy if he moved to Arsenal for six months on loan.
'Morata was the star of last summer's Under-21 European Championship in Israel, scoring four goals for Spain and winning the Golden Ball as top scorer in the tournament.'
LIVERPOOL WANT THREE NEW SIGNINGS
According to the Daily Star, Liverpool are chasing a trio of new signings ahead of the transfer window opening on Wednesday.
The players in question are Basel winger Mohamed Salah, Sevilla midfielder Ivan Rakitic and Barcelona youngster Martin Montoya.
'Top of his wanted list is Basle attacking midfielder Mohamed Salah, known as the 'Egyptian Lionel Messi', who is valued at £10million,' report the Star.
'And the Liverpool boss has also earmarked a loan deal for Barcelona's Spanish left-back Martin Montoya, who can also double up as a central defender.
'That would mean Rodgers could release Daniel Agger to Napoli.'
Meanwhile, it's reported that Rakitic, who has seven goals and six assists in La Liga this season, has been watched by Liverpool scouts on several occasions as Rodgers prepares to strengthen his squad.
AND THE REST
Manchester United's hopes of signing Atletico Madrid midfielder Koke appear to be back on after they tabled a £30m bid for the 21-year-old...Manchester City are considering a move for Benfica midfielder Nemanja Matic, 25, with the club willing to offer £20m plus midfielder Javi Garcia...Malky Mackay faces six months out of football because of his forthcoming legal war with Cardiff owner Vincent Tan...Wigan are reportedly planning a loan move for Arsenal starlet Serge Gnabry...Harry Redknapp is ready to prise Carlton Cole out of West Ham in the January transfer window...
Meanwhile, United winger Nani is an £18m transfer target for Juventus if he shakes off hamstring injury...Newcastle keeper Tim Krul, 25, is wanted by Italian side Napoli who are set to lose Pepe Reina - on loan from Liverpool - to Barcelona in the summer...Tottenham will resume their attempts to recruit Louis van Gaal as their new boss...Fulham are plotting a January raid on Portugal for Pacos winger Paolo Hurtado and Sporting midfielder Zakaria Labyad...Tomas Rosicky is ready to call time on his Arsenal career and seal a lucrative move to America...
Everton and Newcastle want to sign Reading's 24-year-old goalkeeper Alex McCarthy...West Ham could make a double swoop on Everton to land defender John Heitinga as well as striker Nikica Jelavic...Manchester United face a battle to land French winger Antoine Griezmann after mega-bucks Paris Saint-Germain entered the race...Arsenal and Manchester United are tracking Benfica youngsters Goncalo Guedes and Joao Nunes with a view to a summer double swoop...Chelsea's bid for French centre-half Kurt Zouma is on hold - until the end of the season...Everton boss Roberto Martinez wants Belgian striker Michy Batshuayi - the 'new Romelu Lukaku'.