Chelsea want £40m man while Arsenal to let star go

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Chelsea suffered yet another crushing blow last night as a 2-1 defeat at Leicester City pushed the Premier League champions closer to the relegation zone.

They are now reportedly looking at ways to turn things around in January, and have today been linked with a big-money move.

That is just one of the stories to have made the headlines, with Arsenal, Liverpool and Tottenham Hotspur among the other clubs to feature.

Chelsea are set to return with bids to sign Everton defender John Stones for about £40million in January. (Daily Express)

Arsenal are prepared to let left-back Nacho Monreal join Athletic Bilbao. (Fichajes)

Chelsea midfielder Oscar is wanted by Juventus. (Daily Mail)

Shakhtar Donetsk have told Chelsea that their target Alex Teixeira could cost them at least £7million more if they don’t sign him next month. (Daily Mirror)

Arsenal could face a fight to keep forward Alexis Sanchez, with Real Madrid lining up as a replacement for Cristiano Ronaldo. (Don Balon)

Andros Townsend wants to leave Tottenham, with Newcastle United and West Bromwich Albion both interested in the winger. (Bleacher Report)

Liverpool manager Jurgen Klopp has been offered money to spend on new players in January, but is reluctant to bring anyone in. (Daily Mirror)

Simon Mignolet is set to sign a new contract at Anfield. (The Guardian)

West Bromwich Albion are lining up a move for Besiktas forward Kerim Frei if they fail to land Queens Park Rangers star Matt Phillips. (Daily Mirror)

Arsenal target Isco is frustrated by his lack of match action at Real Madrid. (The Sun)

Chelsea will allow Eden Hazard to depart from Real Madrid if they can take James Rodriguez as part of the deal. (Don Balon)

Manchester United defender Guillermo Varela is wanted by Napoli. (Gazzetta dello Sport)

Aston Villa are prepared to sell Gabriel Agbonlahor next month to raise funds to buy players. (Daily Telegraph)

Meanwhile, the Gazette today revealed that Sunderland are considering a move for West Ham United defender James Collins.