With the January transfer window now open for business, Sports Mole has gathered all of the latest news and speculation that has been doing the rounds over the past 24 hours.

Friday morning's headlines:

Arsenal considering improved Lukas Podolski bid from Inter Milan
Arsenal manager Arsene Wenger confirms that the club are considering an improved move from Inter Milan for striker Lukas Podolski. Read more.

Wilfried Bony cool on Manchester City, Real Madrid links
Wilfried Bony insists that he has no plans to leave Swansea City amid talk linking him with a move to Manchester City and Real Madrid. Read more.

Report: Pepe emerges as Manchester United, Manchester City transfer target
Real Madrid defender Pepe could make a surprise move to either Manchester United or Manchester City if contract talks at the Bernabeu break down. Read more.

Report: Manchester United hope to sign Seamus Coleman in January
Manchester United are set to make a move for Everton full-back Seamus Coleman in the January transfer window, according to a report. Read more.

Manuel Pellegrini hopeful of Martin Demichelis stay
Manchester City boss Manuel Pellegrini is adamant that he wants defender Martin Demichelis to sign a new contract with the club. Read more.

Arsene Wenger open to Yaya Sanogo loan move
Arsene Wenger admits that sending Yaya Sanogo out on loan this month is an option, although he would prefer the striker to remain in England. Read more.

Mark Hughes rules out Peter Crouch, Tony Pulis West Bromwich Albion reunion
Stoke City boss Mark Hughes says that newly-appointed West Bromwich Albion manager Tony Pulis has little chance of signing Peter Crouch this January. Read more.

Ryan Bertrand keen on permanent Southampton move
Southampton right-back Ryan Bertrand says that he would be happy to make his loan move from Chelsea into a permanent deal. Read more.

Report: Southampton offer Toby Alderweireld permanent deal?
Southampton defender Toby Alderweireld is offered a four-year deal to sign for the Saints permanently, according to a report. Read more.

Report: Manchester United consider Ron Vlaar move in January window
Manchester United are reportedly considering a move for Aston Villa centre-back Ron Vlaar to help strengthen their defensive options. Read more.

Steve Bruce confirms Jermain Defoe interest
Hull City boss Steve Bruce confirms that the club are interested in signing Jermain Defoe this month, provided they can afford the striker's wages. Read more.