Arsenal monitoring Valencia defender if first choice fails

Valencia defender Nicolas Otamendi is one option being looked at by Arsenal boss Arsene Wenger.

Manuel Queimadelos Alonso/Getty Images

Each day we’ll bring you the very latest tabloid rumors as the biggest clubs around look to splash the cash to bolster their rosters. True or not, they’re always entertaining…

Liverpool are favorites to sign Ipswich midfielder Teddy Bishop, 18, who has broken into the Championship team this season, making 18 appearances.

West Ham owners David Gold and David Sullivan have vowed to bring more world-class players to Upton Park over the coming seasons in an open letter to fans.

Villarreal defender Gabriel Paulista has insisted Arsenal are trying to sign him – and says it would be "excellent" to move to the Emirates.

Arsenal are also keeping tabs on Valencia’s Argentinia defender Nicolas Otamendi, who can play at right-back or centre-half.

Aston Villa starlet Jack Grealish is wanted on loan by Championship clubs Brentford, Wolves and Nottingham Forest.

Roberto Martinez insists Everton will show Kevin Mirallas – a target for Borussia Dortmund and Atletico Madrid – they can get back on track for the Champions League.

Liverpool have pulled out of a deal to bring striker Divock Origi to Anfield early. Liverpool paid £10m to sign the 19-year-old Belgium forward in the summer before loaning him back to Lille under terms of the deal and had been in discussions about him coming to the club in January.

Crystal Palace will complete a £4m deal for Blackburn forward Rudy Gestede on Monday, with Glenn Murray making way for the Benin international by moving to Reading.

Bafetimbi Gomis has stunned Swansea by threatening to walk out this month.

Everton are eyeing a £3million move for Croatian keeper Simon Sluga.

Gonzalo Higuain has told Liverpool he plans to stay at Napoli.

Wolves and Wigan lead the race to land QPR and Scotland winger Matt Phillips.

Swansea have put in a £4m bid for Martin Olsson, and Norwich are considering granting the 26-year-old defender a return to the Premier League.

Contract talks between Celtic and Kris Commons have broken down, with the 31-year-old midfielder set to leave either in January or on a free transfer during the summer.

West Brom manager Tony Pulis has made a £4m bid for Wigan winger Callum McManaman but the 23-year-old, who is also attracting interest from Bournemouth, is valued at £6m by his current side.

Everton manager Roberto Martinez says the club must show they can satisfy winger Kevin Mirallas’s ambitions before the Belgium international commits to a new contract at Goodison Park.

Villarreal centre-half Gabriel Paulista, 24, says his agent is in talks with Arsenal over a possible January transfer to the Gunners.