Chelsea and Man United told to pay £20m while Liverpool to make £23m bid

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WITH the January transfer window now open, speculation is sure to hot up over the next few weeks.

Already, many of the Premier League’s clubs have been linked with deals, as teams look to add the finishing touches to their squads ahead of the last few months of the season.

Chelsea, Manchester United and Liverpool are among the sides to have made the headlines today, with Manchester City, Arsenal and Tottenham Hotspur among the others to feature.

Real Madrid have told Chelsea and Man United it will cost £20m to land defender Raphael Varane. (Daily Express)

Liverpool are set to bid £23m for West Bromwich Albion striker Saido Berahino, if they sell Fabio Borini. (The Sun)

Man City want to sign £25m-rated Schalke forward Julian Draxler. (Daily Star)

Barcelona midfielder Sergio Busquets is set to sign a new contract, disappointing the likes of Arsenal, Chelsea and Man United. (Daily Star)

Tottenham would be prepared to sell goalkeeper Hugo Lloris for £25m. (The Sun)

Liverpool are set to pay Lille £3m to end Divock Origi’s loan early, which would see the striker arrive at Anfield this month. (Liverpool Echo)

Harry Redknapp believes it would take a “miracle” for Queens Park Rangers to sign a striker in this window. (talkSPORT)

Crystal Palace are ready to hijack QPR’s bid to bring in West Ham United forward Mauro Zarate on loan. (Daily Mirror)

Steven Gerrard has turned down an £18m offer to play in Qatar when he leaves Liverpool. (The Sun)

Former Sunderland goalkeeper Kieren Westwood has dismissed speculation linking him with a move to Liverpool from Sheffield Wednesday. (Sheffield Star)

Chelsea forward Islam Feruz will not be joining Cardiff City on loan. (Wales Online)

Meanwhile, it is relatively quiet on the transfer front at Newcastle United and Sunderland.