With one week left to go in the winter window, Sports Mole compiles all the latest transfer news doing the rounds.
This morning's headlines:
Brighton prepare Owen bid
Brighton & Hove Albion are thought to be interested in signing Manchester United striker Michael Owen.
PSG consider Lampard swoop?
Paris Saint-Germain boss Carlo Ancelotti is believed to be keen on reuniting with Chelsea midfielder Frank Lampard.
Alex on verge of PSG switch
Chelsea defender Alex reportedly snubs Queens Park Rangers for a £4m move to Paris Saint-Germain.
United, City target Gaitan happy at Benfica
Benfica star Nicolas Gaitan is said to be focused on playing for the Portuguese club, despite interest from Manchester United and Manchester City.
Welbeck to sign new deal
Danny Welbeck looks likely to stay at Manchester United as reports claim that a fresh deal is close to being agreed.
Bolton close in on Ream
Bolton are believed to be close to agreeing a deal with New York Red Bulls for defender Tim Ream.
Liverpool target Udinese's Isla
Liverpool are thought to be moving in on Udinese player Mauricio Isla.
Holt 'not for sale'
Norwich City are believed to have warned off clubs interested in snatching Grant Holt.
Wigan agree Beausejour fee
Wigan reportedly agree a fee with Birmingham City for winger Jean Beausejour.
Motta hints at PSG move
Thiago Motta has claimed that he is poised to leave Inter Milan for French outfit Paris Saint-Germain.
Diouf claims Brest interest
Manchester United striker Mame Biram Diouf claims that French side Brest are considering a move for the 24-year-old.
