With all eyes fixed on the January transfer market, clubs around the UK and Europe are already lining up potential mid-season moves.

Wednesday morning's headlines:

Real Madrid defender Pepe to consider Chelsea move?
Real Madrid defender Pepe will reportedly consider a move to Chelsea as contract talks with the Spanish club continue to stall. Read more.

Pep Guardiola: 'Maybe Lionel Messi will leave Barcelona for England'
Manchester City boss Pep Guardiola says that Lionel Messi may consider leaving Barcelona for an English club in the future. Read more.

Report: Manchester United step up Seamus Coleman chase
A report claims that Manchester United step up their interest in Everton defender Seamus Coleman. Read more.

Fran Villalba signs new Valencia deal
Spanish youngster Fran Villalba rejects interest from Manchester United to sign a new four-year contract with Valencia. Read more.

Agent: 'Yerry Mina has Barcelona deal in place'
Palmeiras defender Yerry Mina has "a pre-agreement" with Spanish champions Barcelona, according to the Colombian's agent. Read more.

David Alaba a £40m target for Pep Guardiola at Manchester City?
Manchester City manager Pep Guardiola is in the market for a new full-back, with Bayern Munich ace David Alaba reportedly at the top of his summer wishlist. Read more.

Everton scouting young Danish striker Marcus Ingvartsen?
Everton were one of a number of clubs to have scouts present for Nordsjaelland's last outing, a report claims, as interest in striker Marcus Ingvartsen continues to grow. Read more.

Arsene Wenger: Mesut Ozil, Alexis Sanchez contract talks "difficult"
Arsene Wenger is still unsure whether star attacking duo Mesut Ozil and Alexis Sanchez will sign new contracts, as he admits discussions are at a "difficult" stage. Read more.

Borussia Dortmund under "no pressure" to sell Pierre-Emerick Aubameyang
Borussia Dortmund chief executive Hans-Joachim Watzke claims that Pierre-Emerick Aubameyang does not want to leave, and says the club are under "no pressure" to sell. Read more.

Santi Cazorla: 'Arsenal would be making a mistake if they sold Hector Bellerin'
Santi Cazorla says that Arsenal would be making a "mistake" if they sold Hector Bellerin. Read more.

Luka Modric agrees new four-year deal with Real Madrid
Luka Modric agrees a new four-year contract with Real Madrid. Read more.

Valencia teen Fran Villalba 'to snub move to Manchester United'
Valencia starlet Fran Villalba is reportedly expected to turn down a move to Manchester United in order to sign a new deal at the Spanish club. Read more.

Santi Cazorla: 'I'm not thinking about contract'
Arsenal midfielder Santi Cazorla insists that he is not thinking about his contract situation at the club, despite having less than a year to go on his existing deal. Read more.