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.

Wednesday morning's headlines:

Southampton 'to demand £70m for Virgil van Dijk'
Southampton will reportedly demand a world-record fee of £70m for wantaway defender Virgil van Dijk during the January transfer window. Read more.

Borussia Dortmund CEO plays down speculation of Henrikh Mkhitaryan return
Borussia Dortmund CEO Hans-Joachim Watzke plays down reports that he could look to bring out-of-favour Manchester United midfielder Henrikh Mkhitaryan back to the club. Read more.

Antonio Conte hints at Arturo Vidal interest
Chelsea manager Antonio Conte says that he would "always want" Arturo Vidal in his team amid speculation of a possible January move for the Bayern Munich midfielder. Read more.

Marouane Fellaini unsure over Manchester United future
Manchester United midfielder Marouane Fellaini reveals that he expects the club to make him an improved contract offer, but is unsure whether he will accept it. Read more.

Sam Allardyce: 'Olivier Giroud wife blocking Everton move'
Everton manager Sam Allardyce claims that Arsenal striker Olivier Giroud is unlikely to move to Merseyside due to his wife's reluctance to leave London. Read more.

Agent rules out January exit for Yaya Toure
The agent of Manchester City midfielder Yaya Toure insists that there is no chance of his client leaving the club when the transfer window reopens next month. Read more.

Arsenal 'quoted £40m for Julian Draxler'
Paris Saint-Germain reportedly place a £40m asking price on the head of long-term Arsenal target Julian Draxler. Read more.

Arsenal's £35m bid for Juventus defender Medhi Benatia rejected?
A report claims that Italian champions Juventus have knocked back a £35m bid from Arsenal for central defender Medhi Benatia. Read more.

Report: Manchester United make improved Marouane Fellaini offer
A report claims that Manchester United have tabled a take-it-or-leave-it offer to Marouane Fellaini, who is due to be out of contract at the end of the season. Read more.

Mauricio Pellegrino resigned to losing defender Virgil van Dijk
Mauricio Pellegrino says that his side "tried to do the best for the team" by keeping Van Dijk at St Mary's, but hints the defender may be on his way out of Southampton. Read more.

Report: Liverpool, Arsenal lock horns over PSV Eindhoven attacker Hirving Lozano
Liverpool and Arsenal are both believed to be in the hunt for the signature of PSV Eindhoven and Mexico attacker Hirving Lozano. Read more.

Report: Arsenal willing to listen to Alexis Sanchez offers in January
Arsenal will listen to offers for wantaway forward Alexis Sanchez next month amid growing concerns over his commitment from players and staff, according to a report. Read more.