The January transfer window is almost here and clubs around the UK and Europe are lining up moves as they look to take advantage of the opportunity to strengthen.

Friday morning's headlines:

Report: Paris Saint-Germain to make £50m bid for Dele Alli
A report claims that Tottenham Hotspur ace Dele Alli is wanted by Paris Saint-Germain, who are willing to offer £50m to prise him away from the Premier League club. Read more.

Valencia 'pull plug on permanent deal for Eliaquim Mangala'
Valencia reportedly pull out of a deal to keep Eliaquim Mangala on a full-time basis, with the £15m-valued Frenchman expected to return to the Etihad Stadium. Read more.

AC Milan, Inter Milan interested in Liverpool outcast Mamadou Sakho?
AC Milan and Inter Milan are ready to battle it out for out-of-favour Liverpool defender Mamadou Sakho, according to a report. Read more.

Report: West Ham United close to Murat Saglam capture
A report claims that West Ham United have beaten rivals Tottenham Hotspur to the signing of Wolfsburg's Murat Saglam, who will officially join the club next summer. Read more.

Ronald Koeman quiet on Memphis Depay, Morgan Schneiderlin links
Everton boss Ronald Koeman admits that Yannick Bolasie's season-ending injury has forced his hand a little, but is unwilling to speak about individual transfer targets. Read more.

Russian international Feder Smolov reveals Stoke City interest
FC Krasnodar striker Feder Smolov reveals that Stoke City are one of a number of teams chasing his signature ahead of the January transfer window. Read more.

Wolverhampton Wanderers hand duo new deals
Wolverhampton Wanderers announce that Bright Enobakhare and Jon Flatt have both penned new deals to remain at the club. Read more.

Jaap Stam planning January spending
Reading manager Jaap Stam outlines plans to make the most of the January transfer window as he pushes for promotion to the Premier League. Read more.

Real Betis 'remain interested in Stoke City defender Marc Muniesa'
Real Betis reportedly remain interested in Stoke City defender Marc Muniesa ahead of the January transfer window. Read more.

Arsenal to entertain offers for Mesut Ozil?
Arsenal will reportedly entertain "big" offers for Mesut Ozil if they fail to agree terms on a new deal. Read more.

New Barcelona deal for Luis Suarez 'imminent'
Barcelona will confirm that Luis Suarez has signed a new, six-year deal within the next few days, the club's president says. Read more.

Manchester United 'against Marouane Fellaini loan, but will listen to offers'
Manchester United are reportedly reluctant to allow Marouane Fellaini to leave the club on a loan deal. Read more.

Arsene Wenger hints Mesut Ozil, Alexis Sanchez could run down Arsenal contracts
Arsenal manager Arsene Wenger hints that star duo Mesut Ozil and Alexis Sanchez could run down their contracts at the Emirates. Read more.

Pierre-Emerick Aubameyang reiterates desire to play for Real Madrid
Borussia Dortmund forward Pierre-Emerick Aubameyang reiterates that he wants to play for Real Madrid in the future because he made a promise to his grandfather. Read more.

Chelsea to swoop for Alexis Sanchez if attacker fails to agree Arsenal deal?
Chelsea will reportedly make a move for Arsenal star Alexis Sanchez if he fails to agree a new contract at the Emirates. Read more.