Sports Mole rounds up the latest transfer speculation as the clock ticks down to 21 days of business in the January window.
This evening's headlines:
McDermott denies Welbeck interest
Reading manager Brian McDermott says that he has no knowledge of a loan approach for Manchester United striker Danny Welbeck.
Report: Huntelaar has £12m release fee
Schalke 04 forward Klaas-Jan Huntelaar reportedly has a £12.3m release clause written into his contract.
Sneijder decision 'in 24 hours'
Inter Milan midfielder Wesley Sneijder is expected to make a decision regarding a possible move to Galatasaray within the next 24 hours.
Pulis: 'Owen wants to stay'
Stoke City boss Tony Pulis says that he expects Michael Owen to stay at the club until the end of the season.
McCarthy to Everton?
Everton reportedly target Wigan Athletic midfielder James McCarthy as a possible replacement for Marouane Fellaini.
Clarke warns off Olsson bids
West Bromwich Albion boss Steve Clarke confirms that the club rejected a bid from Queens Park Rangers for defender Jonas Olsson today.
Rennes: 'M'Vila exit possible'
Rennes general manager Pierre Dreossi reveals that he expects Yann M'Vila to leave the club this month.
Valbuena agent denies Newcastle talk
Newcastle United target Mathieu Valbuena will not be moving to the Premier League from Marseille this month, according to his agent.
Allardyce confirms Olsson talks
West Ham United manager Sam Allardyce says that the club remain in talks with Blackburn Rovers over the transfer of Martin Olsson, despite an initial bid being rejected.
Neymar focused on Santos
Brazilian starlet Neymar insists that he is focused on playing for Santos and is not considering an exit.
Villa bid for Inter Milan star
Aston Villa declare interest in Inter Milan midfielder Philippe Coutinho, according to the player's agent.
QPR 'reject approach for Faurlin'
Queens Park Rangers are believed to have turned down a loan offer from Palermo for midfielder Alejandro Faurlin.
Tonge signs permanent Leeds deal
Leeds United confirm that Stoke City midfielder Michael Tonge has made a permanent switch to Elland Road.
Scotland to leave Ipswich?
Wolverhampton Wanderers and Brighton & Hove Albion are reportedly interested in Ipswich Town striker Jason Scotland.
Bristol City agree Kelly fee
Bristol City agree an undisclosed fee with Kilmarnock for midfielder Liam Kelly.
Dossena joins Palermo
Napoli full-back Andrea Dossena moves to Palermo on a loan deal.
Danielle Joynson
