Arsenal could look to offload Nicolas Pepe in the January transfer window.

The 26-year-old has not lived up to his billing after being signed in 2019.

Pepe has scored once in nine appearances for the Gunners this season.

TOP STORY – MILAN SET FOR JANUARY PEPE SWOOP

Italian giants Milan are interested in signing Arsenal's Ivorian winger Nicolas Pepe, claims Il Milanista.

Pepe has more than two years to run on his Gunners deal, having joined on a five-year contract from Lille in 2019 for a club-record fee of £72 million (€79m).

Arsenal may be willing to let Pepe go for a little as £25m in January.

ROUND-UP 

- Chelsea's Spanish full-back Cesar Azpilicueta is on Barcelona's transfer radar, according to SPORT. The 32-year-old's contract expires at the end of this season.

- Tottenham have joined Inter in having an interest in signing Bayern Munich midfielder Corentin Tolisso, claims Kicker. Tolisso is out of contract at the end of this season.

- Fabrizio Romano reports that talks between Gavi and Barcelona on a five-year contract extension are progressing amid interest in the Spanish teenager from Chelsea.

- Jose Mourinho's Roma are considering a move to sign Atletico Madrid's Mexico international midfielder Hector Herrera in January, claims Calciomercato. Atletico are willing to cash in on Herrera, who is out of contract in mid-2022.

- Manchester City target Theo Hernandez is close to completing a contract renewal with Milan, according to Rudy Galetti. The Rossoneri have reached an agreement with him until 2026.

- FotoMac claims Mohamed Elneny's agent has reached an agreement with Arsenal for the Egyptian to leave in January. He was previously linked with Galatasaray.

- Lens midfielder Seko Fofana has been added to Newcastle United's shortlist of transfer targets, claims Foot Mercato.

Real Madrid are well-known admirers of Kylian Mbappe.

The Spanish giants have been linked with a January move for the winger.

Mbappe has indicated he will leave Paris Saint-Germain in the near future.

TOP STORY – REAL TO REMAIN PATIENT FOR MBAPPE

Real Madrid will not chase a deal for Paris Saint-Germain's Mbappe during the January transfer window, claims Mundo Deportivo.

Los Blancos have been pursuing the 22-year-old France international who is out of contract at the end of this season.

There had been speculation about when Madrid would move for Mbappe, given his contract status, but it is anticipated they will patiently wait until the off-season when he is a free agent.

ROUND-UP 

- Sky Sports Germany claims that Juventus could make a move for Borussia Dortmund midfielder Axel Witsel in January. The report claims that Witsel is keen on a quick move.

- Philippe Coutinho is set to snub cashed-up Newcastle United in January as he does not want to leave Barcelona, claims Sport.

- Barcelona are set to table a €40million offer for Red Bull Salzburg forward Karim Adeyemi according to Sport1, although Dortmund remain favourites to sign the teenager.

- Wolverhampton are ready to cash in Spanish winger Adama Traore in January with Barcelona circling to rival Liverpool for his signature, reports 90min.

- Former Chelsea manager Frank Lampard is not in consideration for the vacant Rangers head coaching position following Steven Gerrard's exit, reports Sky Sports.

Real Madrid are trying to offload a pair of veterans to Tottenham. 

Eden Hazard and Gareth Bale could be on the way out at the Santiago Bernabeu. 

Spurs are reportedly only interested in one of them.

TOP STORY – SPURS WEIGH BALE REUNION

Gareth Bale could be headed for a permanent return to Tottenham, El Nacional reports. 

Real Madrid have offered Bale and Eden Hazard to Spurs but head coach Antonio Conte is not interested in his former Chelsea player. 

However, Spurs may pounce for Bale at a reduced price before he is out of contract following the season.

ROUND-UP

- Manchester United are interested in adding France defender Jules Kounde to replace Harry Maguire, says Todofichajes, which reports Sevilla will demand €80million (£68m) in return. 

- Donny van de Beek wants out at United, according to the Metro, and Birmingham Live says Wolves will make a strong push to sign the Dutch midfielder, with Everton and Newcastle United also rumoured suitors.

- Fiorentina are willing to sell Dusan Vlahovic in January if an interested club like Manchester City or Tottenham will pay £70m for the Serbia international, says the Sun. Vlahovic has also been linked with Bayern Munich, Atletico Madrid, Juventus, Inter and Arsenal.

- Milan have joined Chelsea and Atletico in pursuit of 17-year-old Angers striker Mohamed-Ali Cho, according to L'Equipe. 

- Barcelona will extend 17-year-old Spain sensation Gavi's contract for five years, reports Fabrizio Romano. 

- Dean Smith's appointment at Norwich City is expected to become official Monday, says The Guardian. 

Chelsea are not content to stick with what they have. 

The Blues are top of the Premier League but poised for major moves in January.

Three young stars and a veteran are high on their radar. 

TOP STORY – CHELSEA EYE REINFORCEMENTS

Chelsea have their sights set on moves for Jules Kounde, Matthijs de Ligt and Lorenzo Insigne, reports Marca, while another report has them as the favourites to land Aurelien Tchouameni. 

The Blues are poised to revisit their talks with Sevilla over Kounde in January with multiple centre-backs set to be out of contract at the end of the season. 

Thomas Tuchel's side could also dip into Serie A and try to lure De Ligt from Juventus and Insigne from Napoli.

Chelsea are prepared to offer €60million (£51m) to Monaco for Tchouameni, says TuttoJuve, with Manchester City, Liverpool, Real Madrid and Juventus also possibilities. 

ROUND-UP

- Barcelona are eyeing Christian Pulisic, Callum Hudson-Odoi and Hakim Ziyech as possible loan options from Chelsea, says Sport. 

- Manchester United are pushing to line up Zinedine Zidane to replace Ole Gunnar Solskjaer, reports The Sunday Times.

- United are prepared to sell Jesse Lingard for as little as £10m in January, says The Sun. 

- Roma are in negotiations with United over a loan deal with an option to buy Diogo Dalot, claims Corriere dello Sport. 

- Inter will bring aboard Ajax goalkeeper Andre Onana on a four-year deal, reports Fabrizio Romano. 

- Newcastle United will try to land Adrien Rabiot from Juventus for €10m to €15m (£8.5m-£13m), says Calciomercato. 

Aaron Ramsey has become an issue for Juventus, being on a bumper contract but having fallen out of favour.

Ramsey signed with Juve in 2019 on a four-year deal from Arsenal.

The 30-year-old has only made 70 appearances across almost two-and-a-half seasons, including only five this term.

TOP STORY – PREMIER LEAGUE PAIR KEEN ON RAMSEY

Juventus are shopping around Aaron Ramsey with Premier League pair Everton and Newcastle United in the mix, claims Goal.

The Bianconeri are keen to find a buyer for the Wales international midfielder in January although his salary may be a stumbling block.

No formal offers have been tabled yet for the ex-Arsenal star.

ROUND-UP  

- The transfer saga involving Paul Pogba continues to twist and turn with The Star claiming Manchester United are willing to sell him in January, with his contract expiring at the end of the season. Paris Saint-Germain, Real Madrid and Juventus have been linked with the French midfielder.

- AS claims Manchester United are hoping to win the race for Sevilla's Jules Kounde , with Chelsea 's admiration long known.

- West Ham will turn down any approaches for England international Declan Rice , reports The Sun. The midfielder has been linked with Manchester United and Chelsea .

- Newcastle are angling to land Ousmane Dembele as a free agent if he refuses to pen a new deal with Barcelona, reports Express.

- Internazionale could also seal a free transfer for Andre Onana from Ajax according to Fabrizio Romano, who claims a verbal agreement was reached months ago. Barcelona have also shown an interest in Onana.

- Arsenal forward Eddie Nketiah has interest from German club Monchengladbach for a January move according to The Sun.

- Goal claims that Liverpool legend and current Rangers manager Steven Gerrard is Aston Villa 's first choice to take their vacant managerial role following Dean Smith's dismissal.

Newcastle United have ended their search for a new head coach by appointing Eddie Howe on a two-and-a-half-year deal.

Graeme Jones had been in temporary charge of the Magpies since Steve Bruce departed by mutual consent following a takeover that saw Saudi Arabia's Public Investment Fund take an 80 per cent share in the club, becoming the richest owner in world football.

Brendan Rodgers, Paulo Fonseca, Lucien Favre and Roberto Martinez were linked with role before Villarreal coach Unai Emery snubbed the Premier League strugglers.

Instead, former Bournemouth manager Howe was on Monday confirmed as Bruce's successor after he watched on from the stands as Newcastle drew 1-1 at Brighton and Hove Albion on Saturday.

Howe has been out of work since leaving Bournemouth in August 2020 following their relegation to the Championship.

The 43-year-old worked wonders during two spells in charge of the Cherries, masterminding an astonishing rise from League Two to the top flight, and reportedly turned Celtic down before Ange Postecoglou took the hotseat with the Glasgow giants.

Across his time with Bournemouth and a stint in between at Burnley, Howe has overseen 545 career games as a coach, winning 228 of them.

In the Premier League, he won 56 of 190 matches, with his best season seeing Bournemouth earn 46 points and finish ninth in 2016-17.

Newcastle United have ended their search for a new head coach by appointing Eddie Howe on a two-and-a-half-year deal.

Graeme Jones had been in temporary charge of the Magpies since Steve Bruce departed by mutual consent following a takeover that saw Saudi Arabia's Public Investment Fund take an 80 per cent share in the club, becoming the richest owner in world football.

Brendan Rodgers, Paulo Fonseca, Lucien Favre and Roberto Martinez were linked with role before Villarreal coach Unai Emery snubbed the Premier League strugglers.

Instead, former Bournemouth manager Howe was on Monday confirmed as Bruce's successor after he watched on from the stands as Newcastle drew 1-1 at Brighton and Hove Albion on Saturday.

Howe has been out of work since leaving Bournemouth in August 2020 following their relegation to the Championship.

The 43-year-old worked wonders during two spells in charge of the Cherries, masterminding an astonishing rise from League Two to the top flight, and reportedly turned Celtic down before Ange Postecoglou took the hotseat with the Glasgow giants.

Across his time with Bournemouth and a stint in between at Burnley, Howe has overseen 545 career games as a coach, winning 228 of them.

In the Premier League, he won 56 of 190 matches, with his best season seeing Bournemouth earn 46 points and finish ninth in 2016-17.

Ole Gunnar Solskjaer's future is in doubt as Manchester United continue to struggle.

United were outclassed effortlessly by neighbours Manchester City in Saturday's Premier League derby.

Struggling for form, Solskjaer could pay the price at Old Trafford.

TOP STORY – SOLSKJAER SET FOR AXE?

Manchester United are considering the departure of under-fire manager Ole Gunnar Solskjaer, according to the Daily Mail.

Manchester City eased past United 2-0 in the Premier League derby showdown at Old Trafford, where Solskjaer's side were left sixth and nine points off the pace.

There are reports of a player revolt as Bruno Fernandes and Cristiano Ronaldo grow frustrated with life in Manchester.

Zinedine Zidane and Ajax boss Erik ten Hag have been linked as possible replacements.

ROUND-UP

- Calciomercato claims Real Madrid and Newcastle United are interested in Liverpool star Mohamed Salah. The Egypt international, who is contracted to Liverpool until 2023, is keen to sign a new deal at Anfield.

- City are weighing up a move for Juventus and Netherlands centre-back Matthijs de Ligt, says El Nacional. De Ligt has also been linked with Chelsea, Tottenham and Manchester United.

- Karim Benzema is open to joining Paris Saint-Germain should Madrid sign Erling Haaland from Borussia Dortmund, per El Nacional. Benzema has reportedly snubbed a move to Newcastle, while Haaland has been linked with City, United, Barcelona, Bayern Munich, Liverpool, PSG, Chelsea and Juve.

- Gerard Pique, Sergio Busquets, Sergi Roberto and Jordi Alba will be allowed to leave Barca under new head coach Xavi, according to El Nacional. Fabrizio Romano adds Xavi will look to re-sign Pablo Gavi and Ousmane Dembele.

- Calciomercato claims Atletico Madrid are interested in Udinese's Nahuel Molina, who is also wanted by Inter.

Vinicius Junior has been in dazzling form for Real Madrid.

Previously linked with Paris Saint-Germain as part of a possible deal to bring Kylian Mbappe to the Spanish capital, Vinicius has established himself under Carlo Ancelotti.

Now, a bumper contract is on the cards.

TOP STORY – VINICIUS SET FOR NEW DEAL

Real Madrid star Vinicius Junior is set to hold contract talks with the LaLiga giants, according to Fabrizio Romano.

Vinicius is contracted to Madrid until 2025 but Los Blancos are determined to offer the Brazil international fresh terms.

The 21-year-old has been in red-hot form at the Santiago Bernabeu this season.

ROUND-UP

- El Nacional reports Barcelona are targeting Beijing Guoan striker Cedric Bakambu as a short-term replacement for sidelined star Sergio Aguero, who is facing at least three months out due to a potential heart condition.

- Luka Jovic is eager to leave Madrid in January, says Defensa Central. The Serbia international has been linked with former club Eintracht Frankfurt, Inter, Milan, Arsenal and Liverpool.

- Manchester United have rejected the chance to sign struggling Madrid star Eden Hazard, claims the Daily Mail. Hazard has also been reportedly snubbed by Paris Saint-Germain, Bayern Munich and Newcastle United.

Is a move to London on the cards for Kingsley Coman?

Coman and Bayern Munich have so far been unable to reach an agreement over a new deal.

Chelsea are reportedly ready to pounce.

TOP STORY – CHELSEA TARGETING COMAN

Chelsea are monitoring Bayern Munich forward Kingsley Coman, according to Bild.

Coman has been in negotiations with Bundesliga champions Bayern regarding a new contract, but up until now, the Frenchman has been unwilling to re-sign.

Champions League holders Chelsea are keeping tabs on Coman, who has also been linked with Barcelona, Liverpool and Manchester United.

ROUND-UP

- It is set to be a busy time at St James' Park. Sky Sports reports Eddie Howe has agreed to become Newcastle United's manager, while El Nacional claims the Magpies have made Barca goalkeeper Marc-Andre ter Stegen a transfer priority.

- Barcelona are prioritising a January move for RB Leipzig star Dani Olmo, per Diario AS. Should they fail in their pursuit, out-of-favour Manchester City winger Raheem Sterling is the alternative.

- Sport1 claims the agent of Salzburg sensation Karim Adeyemi has met with LaLiga champions Atletico Madrid. The 19-year-old has also been linked with Bayern, Borussia Dortmund, Liverpool and Paris Saint-Germain.

- PSG and Bayern are eyeing Inter midfielder Marcelo Brozovic on a free transfer, says Calciomercato. United and Barca are also reportedly interested.

After their lucrative takeover, Newcastle United are set to make a transfer splash in January.

The Magpies are winless and second last in the Premier League table this season.

Newcastle remain without a manager, following Steve Bruce's dismissal a fortnight ago.

TOP STORY – MAGPIES IN FOR COUTINHO LOAN DEAL

Newcastle United look set to make a move for Barcelona's Philippe Coutinho in January, according to Spanish newspaper Sport.

Financially embattled LaLiga giants Barca are said to be keen to offload the former Liverpool forward, who arrived at Camp Nou from the Reds in 2018.

Barcelona are reportedly ready to accept a loan deal that includes a mandatory option to buy with Newcastle.

ROUND-UP

- Barcelona are bullish about signing up Ousmane Dembele to a fresh three-year deal with the option for a further season, claims Mundo Deportivo. Dembele has been linked with Liverpool, Manchester United and Juventus.

- Barca are also considering a move to sign Tottenham midfielder Tanguy Ndombele on loan, reports Sport. Ndombele has made nine appearances this season.

- Brazilian club Palmeiras have entered the race to sign Manchester United's Edinson Cavani, claims the Daily Express. The Uruguayan signed a one-year contract extension in May.

- Former Tottenham manager Jose Mourinho wants to bring Spurs midfielder Harry Winks and Chelsea's Ruben Loftus-Cheek to Roma, reports Corriere dello Sport.

- Sky Sports reports ex-Roma head coach Paulo Fonseca is still interested in the vacant Newcastle managerial role. Fonseca nearly took over at Tottenham in the off-season. Magpies candidate Unai Emery announced he was staying with Villarreal on Wednesday.

- La Nazione says Tottenham are firmly in the race to sign Fiorentina star Dusan Vlahovic, who has also been linked with Manchester City, Inter, Arsenal, Atletico Madrid and Juve.

Unai Emery has confirmed he will remain at Villarreal despite significant interest from Newcastle United.

Emery was said to have been made the number one target of Newcastle's new owners following last month's takeover, which saw Saudi Arabia's Public Investment Fund (PIF) take an 80 per cent share in the club, as they look to replace former head coach Steve Bruce.

Following Villarreal's Champions League win over Young Boys on Tuesday, Emery said he was aware of interest from Newcastle but had received no offer from the struggling Premier League club.

In a subsequent statement released on Wednesday, Emery praised the "transparency and loyalty" from Villarreal's ownership and the players amid the speculation as he revealed his decision to stay put.

Emery said: "Villarreal is my home and I'm 100 per cent committed. Honestly, I'm grateful for the interest of a great club, but still more grateful to be here.

"That's why I communicated to [owner] Fernando Roig my decision that I wanted to continue being a part of this project for the commitment and respect that I perceive from the club and my players, which is mutual and reciprocal.

"I want to thank the fans for the support they have always shown me.

"On Sunday, we have a really important game [against Getafe] and I hope that together we can achieve victory. We'll see you at the Estadio de la Ceramica."

With Emery having rebuffed their advances, former Bournemouth boss Eddie Howe is the favourite for the Newcastle job.

Still waiting for their first win of the season, the Magpies are six points adrift of safety in the Premier League and visit Brighton and Hove Albion on Saturday.

Fiorentina forward Dusan Vlahovic is winning plenty of admirers.

The 21-year-old Serbian has netted 10 times in 12 appearances at club level this season.

Vlahovic is currently under contract until June 23, although La Viola want him to sign an extension.

TOP STORY – PSG TO ENTER VLAHOVIC RACE

Paris Saint-Germain will enter the race to sign Fiorentina's Dusan Vlahovic, claims Le10Sports.

The Parisians are lining up the Serbian striker as a potential successor to Kylian Mbappe should he exit the club when his contract expires at the end of this season, with Real Madrid circling.

Hot property Vlahovic is being pursued by Juventus, Liverpool and Tottenham.

ROUND-UP

- Unai Emery will not be the first permanent manager in Newcastle United's new era, BBC Sport journalist and Spanish football expert Guillem Balague understands. The Basque coach is set to stay at Villarreal for now, though his job there is under threat amid a poor start to 2021-22.

- The Sun reports Antonio Conte's arrival at Tottenham has seen Harry Kane abandon any plans he had to quit the club. Kane apparently wished to join Manchester City during the most recent transfer window.

- New Spurs boss Conte wants to sign Milan midfielder Franck Kessie, according to Metro. Conte also has Inter defender Stefan de Vrij in his sights, claims Football Insider.

- Milan are in the race to sign talented River Plate star Julian Alvarez in the off-season, according to Gazzetta dello Sport. Fiorentina have also shown interest in 21-year-old Alvarez, who has four caps for Argentina.

- Norwich City are considering a move to replace embattled manager Daniel Farke with former Bournemouth boss Eddie Howe, claims the Daily Mail. The Canaries have only two points from 10 games following their return to the Premier League. Howe has also been linked with the vacant Newcastle job.

- Newcastle want to make Inter's Croatian midfielder Marcelo Brozovic their first major signing in January, says The Sun. Brozovic is out of contract at the end of the season.

- Lazio are looking to convince Luiz Felipe to ink a new deal with the club amid interest from Barcelona, Sevilla and Real Betis, reports CalcioMercato. The Brazilian centre-back's contract expires at the end of this season.

Fiorentina forward Dusan Vlahovic is winning plenty of admirers.

The 21-year-old Serbian has netted 10 times in 12 appearances at club level this season.

Vlahovic is currently under contract until June 23, although La Viola want him to sign an extension.

TOP STORY – PSG TO ENTER VLAHOVIC RACE

Paris Saint-Germain will enter the race to sign Fiorentina's Dusan Vlahovic, claims Le10Sports.

The Parisians are lining up the Serbian striker as a potential successor to Kylian Mbappe should he exit the club when his contract expires at the end of this season, with Real Madrid circling.

Hot property Vlahovic is being pursued by Juventus, Liverpool and Tottenham.

ROUND-UP

- Unai Emery will not be the first permanent manager in Newcastle United's new era, BBC Sport journalist and Spanish football expert Guillem Balague understands. The Basque coach is set to stay at Villarreal for now, though his job there is under threat amid a poor start to 2021-22.

- The Sun reports Antonio Conte's arrival at Tottenham has seen Harry Kane abandon any plans he had to quit the club. Kane apparently wished to join Manchester City during the most recent transfer window.

- New Spurs boss Conte wants to sign Milan midfielder Franck Kessie, according to Metro. Conte also has Inter defender Stefan de Vrij in his sights, claims Football Insider.

- Milan are in the race to sign talented River Plate star Julian Alvarez in the off-season, according to Gazzetta dello Sport. Fiorentina have also shown interest in 21-year-old Alvarez, who has four caps for Argentina.

- Norwich City are considering a move to replace embattled manager Daniel Farke with former Bournemouth boss Eddie Howe, claims the Daily Mail. The Canaries have only two points from 10 games following their return to the Premier League. Howe has also been linked with the vacant Newcastle job.

- Newcastle want to make Inter's Croatian midfielder Marcelo Brozovic their first major signing in January, says The Sun. Brozovic is out of contract at the end of the season.

- Lazio are looking to convince Luiz Felipe to ink a new deal with the club amid interest from Barcelona, Sevilla and Real Betis, reports CalcioMercato. The Brazilian centre-back's contract expires at the end of this season.