Transfer news LIVE: Arsenal plan £88m, Man Utd demand Newcastle, Liverpool stance £15m

Good morning and welcome to today’s transfer news live blog. We’ll keep you updated with all the latest Premier League spins and deals, as the top teams close some key deals before the January transfer window closes at the end of the month.

First, reports from Italy suggest Arsenal are speeding up their pursuit of Fiorentina’s goalscorer Dusan Vlahovic, and are believed to have made an offer that could run up to £88m. The Serbia international is in high demand, after 17 goals in 21 matches in Serie A this season.

Meanwhile, Newcastle United are said to want to sign Manchester United outcast Jesse Lingard on loan. However, TalkSPORT reports that the Red Devils will ask for a loan fee of £3.5m for the England international to leave temporarily this month. That’s a pretty hefty price to pay for less than half a season!

At Anfield, it seems that Liverpool are also not willing to let their players go for a bargain fee. The race to sign their defender Nathaniel Phillips is starting to heat up, with West Ham United said to be interested fans. However, The Express reports that the Red Devils have refused to bid for the player and will not sell for less than £15m.

Liverpool have joined longtime Chelsea fans in the race to sign Sevilla defender Jules Kounde, but the Premier League duo will have to shell out around £70m for the Frenchman, according to the Mirror. Kounde was close to joining the Blues in the summer.