According to my sources, manager Ruud Gullit is attempting to sign MF Deco or MF Juan Roman Riquelme to a lucrative deal. Though, they have to get a second Designated Player in order to acquire one of those players.
Chelsea could take Manchester City's Andreas Isaksson or Thomas Sorensen of Aston Villa on emergency loan to cover their goalkeeping crisis.
Aston Villa are interested in Bayern Munich's £1.5m-rated right-back Willy Sagnol.
Steven Pienaar wants a firm contract offer from Everton - or he'll leave. The winger, on loan from Borussia Dortmund, is available for £2.4m.
Newcastle are keeping tabs on £10m-rated Germany defender Christoph Metzelder. The 6ft 4in centre back has made just 11 appearances for Real Madrid this season.
West Ham boss Alan Curbishley is planning an £18m raid for Argentine striker Mauro Zarate. The 21-year-old is currently on loan at Birmingham from Al-Sadd in Qatar.
Tottenham striker Dimitar Berbatov says he would be "flattered" if AC Milan follow up their interest in taking him from White Hart Lane to the San Siro.
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