Man United, Arsenal, Chelsea, Liverpool and Newcastle made today’s transfer headlines

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CHRISTMAS is just around the corner, but there is only one type of present many Premier League managers are hoping for: new players.

The transfer window is set to swing open again on January 1, with a host of clubs getting ready to do business.

Plenty of rumours have emerged today, while one side has started their January shopping early by completing a signing.

Gareth Bale could make a world record £120m move to Man United from Real Madrid. (Daily Mail)

Roma president James Pallotta has ruled out selling midfielder Kevin Strootman to Manchester United in January. (Goal.com)

Swansea City have confirmed the signing of striker Nelson Oliveira on loan from Benfica for the rest of the season.

Ronald Koeman has admitted his interest in bringing Werder Bremen winger Eljero Elia to Southampton on loan in January. (Basingstoke Gazette)

Petr Cech’s agent says contact with Real Madrid for the Chelsea goalkeeper has been made. (Daily Star)

Queens Park Rangers are ready to double Charlie Austin’s £28,000-a-week wages to keep the striker at Loftus Road. (London Evening Standard)

Fiorentina are set to end the loan spell of Chelsea’s Marko Marin in January. (Daily Star)

Arsenal are considering making a £16m bid for Newcastle midfielder Moussa Sissoko in January. (Daily Mirror)

The Gunners have also joined Man United in the race for Borussia Dortmund defender Mats Hummels. (Daily Express)

Saido Berahino wants to leave West Bromwich Albion next month, with Liverpool and Tottenham set to battle for the striker’s signature. (talkSPORT)

Burnley have made it clear that striker Danny Ings will not leave before the end of his contract in the summer, which has disappointed suitors Tottenham. (The Times)

Southampton midfielder Morgan Schneiderlin is ready to turn down a move to Tottenham to seal a switch to North London rivals Arsenal. (The Sun)

Crystal Palace are lining up deals for Swansea City striker Bafetimbi Gomis and Lille defender Pape Souare. (Daily Star)

Queens Park Rangers are ready to offer Ravel Morrison a contract if West Ham United let the midfielder go. (talkSPORT)

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