Arsenal are favourites to sign Villarreal centre-back Pau Torres, according to reports.
The Gunners are leading the race to sign the Spain international ahead of the likes of Chelsea and Manchester City.
The north London outfit are keen on a deal to secure the services of the 22-year-old defender as manager Unai Emery looks to bolster his squad for the second half of the season.
Tottenham Hotspur have allegedly earmarked Real Madrid midfielder Luka Modric as their top January transfer targets.
The Croatia international has enjoyed a successful seven-year spell at the Spanish capital, there has recently been speculations of the 34-year-old midfielder being allowed to find a new club.
Real Madrid have reportedly stepped up their interest in Borussia Dortmund teenager Youssoufa Moukoko.
The 14-year-old currently represents Dortmund’s Under-19 side and has notched 13 goals in six appearances in the Under-19 Bundesliga West during the ongoing campaign.
It is understood that a number of clubs are currently monitoring the Cameroon-born youngster’s progress.
Real Madrid and Barcelona to go head-to-head in bid to sign Virgil van Dijk from Liverpool.
The 28-year-old defender has established himself as one of the best centre-backs in world football since joining the Reds in January 2018.
Indeed, the Dutchman helped the Merseyside outfit win their sixth European Cup last season, while he also performed brilliant in the Premier League as the Reds just fell short of Manchester City.
Real Madrid have not given up hope of signing Ajax midfielder Donny van de Beek.
The Netherlands international was strongly linked with a move to Real Madrid during the summer transfer window as the Spanish giants seemingly considered alternatives for Paul Pogba.
Van de Beek, 22, ultimately remained with the Dutch outfit beyond the deadline day, though, and the midfielder has contributed two goals and four assists in seven appearances this season.