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Manchester City and Liverpool are preparing to go up against each other in the race to sign Schalke's Sead Kolasinac.
Arsenal are closely monitoring West Ham starlet Declan Rice, a 17-year-old centre-back.
Middlesbrough have slapped a huge £35 million price tag on Ben Gibson to scare off Chelsea - and their ploy has worked.
Frank Lampard is being lined up for a return to the England setup with a backroom role under new manager Gareth Southgate.
Arsenal star Alexis Sanchez has been offered £400,000 a week to leave Arsenal for China - potentially three times his current wage.
Liverpool will face a struggle to sign Borussia Dortmund starlet Christian Pulisic, with BVB reluctant to sell and fellow Premier League sides Arsenal and Tottenham seemingly joining the race to sign up the 18-year-old winger.
Manchester City and Liverpool are preparing £25 million offers for Southampton defender Virgil van Dijk in January, with both of the Premier League title hopefuls having had the Netherlands international watched on several occasions.
Chelsea are keeping tabs on AC Milan prospect Moris Sportelli, labelled the next Alessandro Nesta, though Stoke are also interested.
West Ham are considering a loan move for Marouane Fellaini when the transfer window reopens. Slaven Bilic's side are also keen on bringing in Chelsea goalkeeper Asmir Begovic.
Manchester United and Everton are on alert after Jose Fonte turned down the offer of a new Southampton contract. Southampton are unwilling to extend the 33-year-old's deal past the end of next season.