While Chelsea, Liverpool and Manchester City have been linked with mega deals in the January window Manchester United, meanwhile, will seek to prove once and for all that Glazers are not constraining their recruitment by signing Cyrstal Palace's England Under-21 full-back Nathaniel Clyne for up to £3m. With Darren Fletcher taking an extended leave from the game to overcome a long running problem the Glazer's may have to re-think to keep pace with their City rivals. United are also thought to be "chasing Holland's wonder boy Jetro Willems", who is being lined up as "the next Patrice Evra".
Manchester City are reportedly looking at Porto striker Hulk as a replacement for Carlos Tevez in the January transfer window, £88m fee could be a deal breaker.
Real Madrid and Barcelona are reportably after the services of Robin van Persie, leaving Arsenal to hope that the Dutchman will either stay or choose Real so the Gunners can include Karim Benzema in the deal.
André Villas-Boas is also rebuilding, with the departure of Nicolas Anelka and regular omissions from the starting line-up of Frank Lampard, Mikel John Obi and Florent Malouda, all of who have been linked with clubs away from Stamford Bridge. Lampard's loyality may be put to test if the "chosen-one" comes calling from Real Madrid.
French Ligue 1 side Marseille could also approach Chelsea striker Salomon Kalou in the January transfer window with regard to a possible move away from Stamford Bridge.
Liverpool are reportedly interested in Bologna striker Gaston Ramirez. The 21-year-old has already played for the Uruguayan national side. Spain and Barcelona striker David Villa insists that he is “very happy” and “settled” in Pep Guardiola’s side, amid reports linking him with a possible move to Liverpool.
While many owners will have to wait until the Summer to balance the books under the UEFA Fair Play rules expect some movement next month on players in the last year of their contracts.