Friday's round up of the top transfer stories from the past 24 hours...
- Manchester United and Arsenal are both keen on signing Dinamo Zagreb teenager Mateo Kovacic, according to IMScouting.
- Former Tottenham star Ossie Ardiles believes Luka Modric will eventually force a move away from the club as he continues to be linked with Chelsea.
- Real Madrid defender Raul Albiol, who is believed to be a target for Liverpool and Manchester City, is also on Malaga's radar, according to talkSPORT.
- Arsenal are ready to launch a bid for Fiorentina winger Juan Manuel Vargas in January, according to the Daily Mirror.
- Liverpool are still monitoring Sao Paulo midfielder Lucas, while Tottenham and Roma are also showing interest, according to Corriere dello Sport.
- Arsenal and Liverpool will battle to sign Valencia forward Paco Alcacer, but the Spanish side have started talks with the teenager over a new contract, according to to talkSPORT.
- Bolton manager Owen Coyle has said he "wouldn't be surprised" if Arsenal launch a renewed bid to sign defender Gary Cahill in January.
- Arsenal could face competition from Bayern Munich in the race to sign Borussia Dortmund star Mario Goetze.
- Roma have joined Chelsea in the race to sign Ajax defender Gregory van der Wiel, according to talkSPORT.
- Bayern Munich striker Mario Gomez, who has been linked with a move to Chelsea, has revealed he wants to sign a new contract with the Bundesliga club.