Sports Mole rounds up all of the latest transfer news in the Premier League on Monday, October 26.

Monday morning's Premier League transfer talk news roundup:

Manchester United, Liverpool 'learn asking price for Adama Traore'

Wolverhampton Wanderers have reportedly placed a £90m valuation on attacker Adama Traore.

The 24-year-old is yet to score or provide an assist in seven appearances for Wolves this season but was in impressive form during the 2019-20 campaign, contributing six goals and 12 assists in 54 outings.

Both Manchester United and Liverpool have been credited with an interest in the former Barcelona youngster, who has a contract at Molineux until the summer of 2023.

However, according to Calciomercato, Wolves have signalled that they would not be prepared to sell the Spain international for a fee of under £90m.

Traore has not started any of his side's last three Premier League matches and only played the final 22 minutes of Sunday's 1-1 draw with Newcastle United.

Barca are also believed to be closely monitoring the attacker as they consider re-signing him.

Kevin Phillips urges West Ham United to move for "unbelievable" Phil Jones

Former Premier League striker Kevin Phillips has claimed that Manchester United defender Phil Jones "fits the bill" for West Ham United and has urged the Hammers to move for him in January.

Jones has been left out of United's Premier League and Champions League squads, suggesting that he might have played his last game for the 20-time English champions.

The 28-year-old still two and a half years left to run on his contract at Old Trafford but could be allowed to leave either on loan or on a permanent basis at the start of 2021.

Phillips has said that the Englishman is capable of being "unbelievable" and believes that he would be an ideal signing for the capital club.

"Phil has come under criticism from all quarters over the years and what I liked about him is his attitude," he told Football Insider. "He just gets on with it. He is what it is. At times he will make mistakes but at other times he will be unbelievable.

"For Phil, getting out of United would be the best for him. He needs to go and play somewhere where he feels wanted. Staying in the Premier League will be a priority for him. He could turn out to be a signing for someone that might help them stay in the Premier League or push for Europe.

"You would be getting a player that would want to prove a point after not being named in the Manchester United squad. It looks like David Moyes is looking for English defenders. I know he has signed [Craig] Dawson on loan but Phil Jones fits the bill for them."

Jones, who played under Moyes at Old Trafford, has made 224 appearances for United since arriving from Blackburn Rovers in 2011.

More transfer news from Premier League:

Chelsea 'still intent on signing Declan Rice'
Chelsea remain determined to sign West Ham United midfielder Declan Rice, according to a report. Read more.

Manchester United 'have never been close to signing Ansu Fati'
Manchester United have "never been close" to signing Barcelona and Spain teenager Ansu Fati, according to Italian journalist Fabrizio Romano. Read more.

Mark Lawrenson: 'Liverpool should move for Conor Coady in January'
Former Liverpool defender Martin Lawrenson urges the Reds to move for Wolverhampton Wanderers captain Conor Coady in January. Read more.

Paul Ince: 'It is time for Paul Pogba to leave Manchester United'
Former Manchester United midfielder Paul Ince says that it is time for the unsettled Paul Pogba to leave Old Trafford. Read more.

Manchester United 'missed out on Dayot Upamecano due to row over £200,000'
Manchester United could reportedly have signed RB Leipzig's Dayot Upamecano from Valenciennes at the age of 16. Read more.

Liverpool 'may not sign new centre-back in January'
Liverpool may reportedly opt against signing a new centre-back during the January transfer window. Read more.

Real Madrid midfielder Luka Modric rules out Tottenham Hotspur return
Real Madrid midfielder Luka Modric dismisses suggestions that he spend a second spell at Tottenham Hotspur. Read more.

Arsenal 'to battle Paris Saint-Germain, Juventus for Houssem Aouar'
Arsenal are in a three-way battle with Juventus and Paris Saint-Germain for Lyon's Houssem Aouar, according to a report. Read more.

Liverpool 'identify Dayot Upamecano as leading centre-back target'
Liverpool view RB Leipzig's Dayot Upamecano as their leading defensive target at the start of 2021, according to a report. Read more.

Everton 'to battle Tottenham Hotspur for January Arkadiusz Milik deal'
Everton prepare to rival Tottenham Hotspur for Napoli forward Arkadiusz Milik in January, according to a report. Read more.

Sevilla defender Jules Kounde flattered by Manchester City interest
Sevilla defender Jules Kounde admits that he was "flattered" to receive interest from Manchester City during the summer transfer window. Read more.

Fabio Paratici confirms Paulo Dybala contract talks
Juventus director Fabio Paratici says that the club are in talks with Paulo Dybala over a new contract. Read more.

West Brom defender Ahmed Hegazi joins Saudi side Al-Ittihad on loan
The Egyptian made 104 appearances for the Baggies. Read more.

Riyad Mahrez distances himself from Paris Saint-Germain links
Manchester City attacker Riyad Mahrez distances himself from talk of a potential move to Paris Saint-Germain. Read more.