Sports Mole rounds up all of the latest transfer news in the Premier League on Tuesday, January 5.

Tuesday morning's Premier League transfer talk news roundup:

Arsenal to recall Lucas Torreira from Atletico Madrid loan?

Arsenal are reportedly considering whether to end Lucas Torreira's loan period at Atletico Madrid.

Having failed to settle at the Gunners during his two-year spell in North London, Torreira was allowed to move to Wanda Metropolitano on a temporary basis.

However, the Uruguay international has been provided with just two starts and eight substitute appearances in La Liga and the Champions League.

According to La Nazione, Arsenal are ready to recall the 24-year-old in order to negotiate a deal with Fiorentina.

Aware that the player favours a move back to Serie A, the report suggests that Atletico are happy to part ways with Torreira at some point over the coming weeks.

Barcelona outline three top January targets?

Barcelona have reportedly identified Georginio Wijnaldum, Memphis Depay and Eric Garcia as their three top targets for the January transfer window.

The cash-strapped Catalans - who sit fifth in the La Liga table - are expected to strengthen their squad this month after an underwhelming start to their 2020-21 campaign.

Wijnaldum, Depay and Garcia are all set to become free agents in the summer, but Sky Sports News claim that Barcelona are determined to land the trio this month.

However, the report adds that moves for all three players are unlikely to come to fruition until the summer, although the trio are now able to negotiate and sign pre-contractual agreements with other clubs after entering the final six months of their deals.

Pep Guardiola has admitted that Garcia is likely to leave after rejecting Manchester City's offer of a new contract, while Depay is not expected to depart this month with Lyon leading the way in Ligue 1.

Meanwhile, a recent report claimed that Wijnaldum is keen to stay on at Liverpool, but the Netherlands international is holding out for a contract offer which he feels reflects his value to the club.

Fringe players at Barcelona such as Samuel Umtiti, Junior Firpo and Riqui Puig could supposedly be moved on in order to raise the necessary funds for January transfer business.

More transfer news from Premier League:

Barcelona 'pull out of talks with Bayern Munich's David Alaba'
Barcelona have reportedly ended talks with soon-to-be free agent David Alaba, opening the door for a switch to Real Madrid at the end of the season. Read more.

Kevin De Bruyne to reject new Manchester City contract?
Manchester City's Kevin De Bruyne is reportedly set to reject the club's first offer of a new deal as he holds out for a more lucrative offer. Read more.

Chelsea 'set out long-term plan for Declan Rice'
Chelsea reportedly possess a long-term plan for Declan Rice, whom they wish to sign from West Ham United as soon as possible. Read more.

Arsenal 'make contact over player-plus-cash deal for Emiliano Buendia'
Arsenal make contact with Norwich City over a proposed player-plus-cash deal for Emiliano Buendia, according to a report. Read more.

Arsenal 'end Isco interest due to Emile Smith Rowe'
Arsenal reportedly end their interest in Real Madrid midfielder Isco due to the emergence of academy graduate Emile Smith Rowe. Read more.

Lucas Vazquez rejects new Real Madrid contract?
Real Madrid winger Lucas Vazquez reportedly turns down Los Blancos' offer of a new deal, but Luka Modric is ready to commit his future to the Spanish champions. Read more.

Marcos Rojo 'in talks over Manchester United exit'
Manchester United defender Marcos Rojo reportedly holds talks with Boca Juniors over a potential move, but a deal is a long way from being finalised. Read more.

Borussia Dortmund chief admits Man Utd talk affected Jadon Sancho form
Borussia Dortmund CEO Hans-Joachim Watzke thinks that Jadon Sancho "lost his fluency" after a summer of speculation surrounding a potential move to Manchester United. Read more.

Arsenal's William Saliba joins Nice on loan
William Saliba is yet to make a senior appearance for Arsenal. Read more.

Report: William Saliba set for imminent Arsenal loan exit
William Saliba is on the verge of joining Nice on loan from Arsenal, according to a report. Read more.

Tottenham Hotspur put Harry Kane, Son Heung-min contract talks on hold?
A report claims that Tottenham Hotspur have put all non-urgent contract talks on hold due to concerns over finances. Read more.

William Saliba 'still sees future at Arsenal'
William Saliba wants to come back to Arsenal and challenge for a spot in Mikel Arteta's team once his loan spell at Nice finishes, according to a report. Read more.

Jose Mourinho 'rules out Harry Winks Tottenham Hotspur exit'
Tottenham Hotspur manager Jose Mourinho reportedly rules out a January exit for Harry Winks after the midfielder impressed him over the festive period. Read more.

Andrea Pirlo confirms Juventus interest in Chelsea forward Olivier Giroud
Juventus boss Andrea Pirlo suggests that he is interested in signing Chelsea forward Olivier Giroud during the January transfer window. Read more.

Joan Jordan fully focused on Sevilla amid Arsenal links
Sevilla midfielder Joan Jordan appears to play down links with Arsenal, saying that he will not let transfer talk distract him. Read more.

Wolves to rival Arsenal for Inter Milan midfielder Christian Eriksen?
Wolverhampton Wanderers reportedly become the latest club to express an interest in signing Inter Milan midfielder Christian Eriksen. Read more.

Leeds United keen on Mainz 05 striker Jean-Philippe Mateta?
Leeds United are reportedly interested in signing Mainz 05 striker Jean-Philippe Mateta during 2021. Read more.

Michael Zorc plays down Julian Brandt leaving Borussia Dortmund for Arsenal
Borussia Dortmund chief Michael Zorc plays down suggestions that Julian Brandt could leave the Westfalenstadion in January. Read more.

Tottenham Hotspur 'not looking to sell Dele Alli in January'
Tottenham Hotspur are not prepared to let out-of-favour midfielder Dele Alli leave on loan or permanently this month, according to a report. Read more.

Manchester City 'closely monitoring Sergio Ramos situation'
Manchester City are reportedly considering whether to open discussions with Real Madrid defender Sergio Ramos, who is out of contract later in 2021. Read more.

Independiente Del Valle deny Manchester Utd interest in Moises Caicedo
Independiente Del Valle general manager Santiago Morales dismisses suggestions that Manchester United are attempting to sign youngster Moises Caicedo. Read more.