Chelsea, Manchester City, Manchester United and Arsenal are making today’s transfer headlines

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CHELSEA are looking to bring a former star back to Stamford Bridge, while Manchester City are eyeing on of the Premier League hot young talents.

Chelsea are prepared to pay £21m to bring Benfica midfielder Nemanja Matic, 26, back to the club during the January transfer window. Matic moved to the Portuguese club from Stamford Bridge in January 2011 – Full story: Sunday Telegraph

Manchester City are ready to pay £30m to sign Southampton defender Luke Shaw, 18. The fee would be a world record for a full-back, beating the £29.5m Barcelona paid Sevilla to sign Dani Alves in 2008 – Full story: Mail on Sunday

West Ham have agreed a deal to sign centre-back Joleon Lescott from Manchester City, but the move may collapse as the Etihad club do not want to release the 31-year-old until after 20 January – Full story: Sunday Telegraph

Arsenal and Chelsea are battling to sign Atletico Madrid’s 19-year-old midfielder Saul Niguez – Full story: Sunday People

Manchester United are set to sign Real Madrid defender Fabio Coentrao, 25, on a loan deal until the end of the season – Full story: Sunday Telegraph

Manchester City want to sign former Manchester United player Paul Pogba. The 20-year-old French midfielder is currently at Italian Serie A leaders Juventus – Full story: Daily Star Sunday

Tottenham head coach Tim Sherwood is unhappy with the attitude of some of his players and is ready to sell midfielder Etienne Capoue, 25 – Full story: Sun on Sunday

Manchester United midfielder Anderson, 25, is set to join Italian side Fiorentina, while wingers Nani, 27, and Wilfried Zaha, 21, will seal loan moves to Sporting Lisbon and Cardiff City respectively this month – Full story: Mail on Sunday

Arsenal will step up their bid to sign Schalke forward Julian Draxler, 20, after discovering he has a £40m buy-out clause – Full story: Daily Star Sunday

Striker Papiss Cisse, 28, wants to leave Newcastle in order to move to Qatar but the Tyneside club’s desire to recoup most of the £9m they paid for the Senegal international is holding up a deal – Full story: Sun on Sunday

Norway and Stromsgodset midfielder Stefan Johansen is waiting for Celtic to make their next move in the hope that he can seal a transfer to the Scottish champions – Full story: Sunday Express