Arsenal have formally confirmed the signing of 17-year-old midfielder Krystian Bielik from Legia Warsaw and are now hoping to complete their January business with the addition of Villarreal centre-back Gabriel Paulista.
Arsenal have not disclosed the fee for Bielik but it is around £2million, a price that Arsene Wenger regards as well worth the gamble for a young teenager who has broken into the Legia first-team team this season.
Significantly, Arsenal stressed this morning that Bielilk can play both “holding midfield and at centre-back” and Wenger has also said that he will be in immediate contention for the first-team squad.
The club are also now in quite advanced negotiations with Villarreal for Paulista although a final fee has not yet been agreed. Villarreal are holding out for a £15.25 million (20 million euros) release clause.
Arsenal are hoping to pay rather less and will also need to satisfy themselves that Paulista, who is 24 but has never broken into the Brazil team, would be likely to get a work permit on appeal.
Meanwhile, Manchester United have been dealt a blow after Cristiano Ronaldo has revealed he wants to end his playing career in Brazil when his time at Real Madrid is over.
United have long been linked with a move for their former player, and Ronaldo, the World Player of the Year, has frequently said he would like to return to Old Trafford.
However, the Portugal international says he would like a chance to play in Brazil before he retires.
In a story in the Metro he is quoted as saying: "Corinthians and Flamengo are two famous club, I would gladly dress in one of their shirts.
"In Brazil I have many friends, so my relationship with the country is very good. At Real I have passed many Brazilians, with Kaka one of the people I respect most of all."
Thankfully United can be heartened by news that Belgium international Axel Witsel does want to move to Old Trafford.
The Zenit St Petersburg midfielder told Bleacher Report UK: “I have always liked Manchester United from when I was young.
"And I want to play in one of the top clubs in Europe one day.
"It's true that I like the Premier League, because it is one of the best league's in the world, for me, together with Germany and Spain.
"It is a very good league, it is a crazy league. A lot of my colleagues play there, but we will see. I am still young, only 26. We'll see in the future."
United are set to battle Liverpool for young Paraguayan striker Sergio Diaz.
According to Italian newspaper Tutto Mercato Web, the 16-year-old forward who plays for Paraguayan club Cerro Porteno is said to be one of the best bright young forwards in the world.
The report claims that United AND Liverpool have already made contact with his representatives and could make a move this month.
It is believed Cerro Porteno want around £5.2m for a player who would then be able to decide between the clubs.
The Metro reports that United are to step up their interest in Barcelona defender Gerard Pique after failing to sign Fiorentina's Stefan Savic.
The Red Devils - as well as Tottenham - were linked with a move for 24-year-old Savic over the summer, and were set to renew their interest before the January window closes.
However, the Montenegro international has shot down any chance of a return to the Premier League by signing a new four-and-a-half-year deal at Fiorentina.
Now Louis van Gaal is preparing a £15m bid to bring Pique back to Old Trafford. The pair previously worked together at the Nou Camp during Van Gaal's two stints in charge of the La Liga giants from 1997-2000 and 2002-2003.
West Ham are reportedly preparing to table a bid for midfielder Darren Fletcher although the Hammers will face competition for the 30-year-old's signature from West Brom and Valencia.
Sam Allardyce has been alerted to the news that Fletcher – who has six months left on his current contract with United – could leave Old Trafford in search of regular first-team football.
Allardyce is claimed to be a "keen admirer" of the 30-year-old and envisions Fletcher adding his experience to the Hammers' midfield as the east London outfit look to secure Champions League qualification in the near future.