What the media say . . .
Chelsea hope to finalise the 26m transfer of 23-year-old centre-back David Luiz from Benfica in the next 24 hours.
Liverpool have stepped up their attempt to land Luis Suarez by flying out to the Netherlands for further talks with the Uruguay striker. Suarez's club Ajax want 20m for the 23-year-old.
Reds manager Kenny Dalglish could be ready to bid for Paris St Germain striker Guillaume Hoarau, who would cost the Anfield club about 6m.
Blackpool captain Charlie Adam wants to join Liverpool before the transfer window closes on 31 January but faces a bitter fight with the Tangerines over his departure. Liverpool are prepared to pay up to 5m for the 25-year-old.
However, Blackpool manager Ian Holloway thinks Liverpool's valuation of his prized asset Adam is "derisory" and "insulting".
Tottenham must stump up 18m if they want to sign former Chelsea and Arsenal midfielder Lassana Diarra, 25, from Real Madrid.
Meanwhile, Spanish side Real Madrid are pondering a loan deal for Tottenham's 29-year-old forward Roman Pavlyuchenko as the short-term answer to their current striker crisis.
Sunderland boss Steve Bruce is determined to clinch the 4m signing of Stoke City striker Ricardo Fuller on Monday.
Arsenal boss Arsene Wenger has revealed he is closing in on 17-year-old Southampton striker Alex Oxdale-Chamberlain in a deal worth about 10m.
Manchester City's unwanted striker Emmanuel Adebayor is ready to fly to Monaco to seal a 9m switch to his old club.
Adebayor's move means Everton are set to revive their interest in Monaco striker Dieumerci Mbokani but Hoffenheim and Sunderland are also interested.
Sunderland are preparing to make an audacious bid for Porto's 30m-rated striker Givanildo Vieira de Souza, 24, better known as Hulk.
The Black Cats are also set to sign Inter Milan midfielder Sulley Muntari on loan until the summer. Sunderland will also have an option to buy the 26-year-old Ghanaian international for 6m.