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

Tuesday morning's Premier League transfer talk news roundup:

Paris Saint-Germain 'offer Arsenal Julian Draxler, Matteo Guendouzi swap deal'

Paris Saint-Germain are reportedly willing to swap playmaker Julian Draxler with Arsenal midfielder Matteo Guendouzi.

The Gunners are close to signing Real Madrid midfielder Martin Odegaard on a loan deal until the end of the season, resulting in Mikel Arteta being well stocked for options in that area of the pitch until the summer.

However, according to L'Equipe, PSG are intending to make contact with Arsenal regarding a deal involving Draxler and Guendouzi.

Having witnessed Guendouzi revive his career on loan at Hertha Berlin, the French giants are interested in signing the 21-year-old at some point in 2021.

In order to offset some of their financial outlay, PSG are allegedly prepared for Draxler to move to the Emirates Stadium before the end of January.

Draxler, who is out of contract in five months' time, has been provided with just 31 minutes of football since the recent appointment of Mauricio Pochettino.

Lucas Torreira close to permanent Arsenal exit?

Arsenal are reportedly considering recalling Lucas Torreira from his Atletico Madrid loan spell in order to get the midfielder off their books permanently.

The Uruguay international has spent the past four months on loan at the Wanda Metropolitano after falling out of favour under Mikel Arteta.

Torreira has started only two games for Atletico in La Liga and the Champions League, though, and Tuttomercato suggests that he could be heading back to North London.

However, the Gunners supposedly have no plans to keep the 24-year-old and will instead look to offload him on a permanent basis.

Ligue1 side Monaco are said to be interested in signing Torreira on a three-year deal, but they must first agree a fee with Arsenal.

More transfer news from Premier League:

Manchester United 'signed Victor Lindelof over Virgil van Dijk'
Virgil van Dijk's former Southampton teammate Charlie Austin claims that Manchester United turned down the chance to sign the now-Liverpool defender in 2017. Read more.

Report: Kylian Mbappe would be keen on Liverpool move
Kylian Mbappe hinted last week that he is close to agreeing a contract with Paris Saint-Germain, but it has now been claimed that he is also open to a move to Liverpool. Read more.

Jurgen Klopp 'asks Liverpool board not to dismiss David Alaba opportunity'
A report claims that Bayern Munich's David Alaba remains a target for Liverpool boss Jurgen Klopp, despite supposedly being close to signing for Real Madrid. Read more.

West Ham United manager David Moyes: 'Chelsea cannot afford Declan Rice'
David Moyes claims that it would take "Bank of England" and "Bank of Scotland" money to prise Chelsea-linked Declan Rice away from West Ham United. Read more.

Barcelona 'still owe Liverpool £25m for Philippe Coutinho'
A report claims that Barcelona have only paid Liverpool £105m of the £142m transfer fee agreed for Philippe Coutinho three years ago. Read more.

Arsenal 'still interested in Emiliano Buendia'
Arsenal reportedly remain interested in signing Norwich City winger Emiliano Buendia during one of the next two transfer windows. Read more.

Shkodran Mustafi in talks over ending Arsenal contract early?
Shkodran Mustafi is reportedly set to become the latest player to leave Arsenal in the January transfer window on a free transfer. Read more.

West Ham United 'make approach for Manchester United's Jesse Lingard'
Manchester United's Jesse Lingard is reportedly a loan target for West Ham United, but the Hammers will need to make one of their temporary signings permanent first. Read more.

Ole Gunnar Solskjaer 'gives green light to Jesse Lingard exit'
Manchester United manager Ole Gunnar Solskjaer is reportedly open to Jesse Lingard going out on loan before the end of the January transfer window. Read more.

Liverpool 'make contact with former Arsenal defender Sokratis Papastathopoulos'
Liverpool reportedly express an interest in signing defender Sokratis Papastathopoulos, who has recently been released by Arsenal. Read more.

Nathaniel Clyne pens contract extension at Crystal Palace
The full-back will remain at Selhurst Park until at least the end of the 2020-21 season. Read more.

West Brom boss Sam Allardyce confirms interest in Christian Benteke
The 30-year-old played under the current Baggies boss at Crystal Palace. Read more.

Aston Villa, Sheffield United to rival West Ham United for Jesse Lingard?
Aston Villa and Sheffield United are reportedly prepared to rival West Ham United in the race to sign Manchester United midfielder Jesse Lingard. Read more.

Chelsea to loan out Billy Gilmour after Frank Lampard exit?
Chelsea are reportedly likely to loan out Billy Gilmour after manager Frank Lampard was sacked on Monday. Read more.

Tottenham Hotspur approach Angel Di Maria over free transfer?
Tottenham Hotspur are reportedly interested in signing Paris Saint-Germain midfielder Angel Di Maria on a free transfer. Read more.

Ronald Koeman hits back at Paris Saint-Germain interest in Lionel Messi
Barcelona boss Ronald Koeman responds to Paris Saint-Germain's interest in Lionel Messi by acknowledging that he is an admirer of Kylian Mbappe and Neymar. Read more.