Transfer news LIVE: Arsenal in race for Williams and Lee, Liverpool fight Man City for Marmoush, Man Utd blow

A couple of Arsenal nuggets from David Ornstein of The Athletic. Firstly, the Gunners are looking at highly-rated Athletic Bilbao and Spain forward Nico Williams.

Mikel Arteta would love to sign Williams during this window but finances make it unlikely and the player himself is not agitating to leave Bilbao. His release clause €60m (although it fluctuates with inflation) and would need to be paid in full, meaning a summer move is more likely.

Arsenal face competition to sign the 22-year-old, as Chelsea are high on his list of suitors, while Liverpool looked into the viability of a deal last summer.

The Gunners may also be interested in PSG’s South Korean forward Lee Kang-in. The 23-year-old is open to a new challenge and Barcelona’s interest may force Arsenal to come forward, having previously expressed interest although the price (at least double the €22m PSG paid to sign him from Mallorca in 2023) is considered off-putting.

Brighton are still interested in signing 18-year-old centre-back Vitor Reis from Brazilian side Palmeiras despite seeing their latest approach rejected.

Reis signed a contract until December 2028 over the summer and Palmeiras are reluctant to sell, according to Sky Sports, with a number of clubs gathering information on the Brazil youth international.

A move that has been on the cards for a couple of days now is finally done. Bournemouth have completed the signing of 19-year-old left-back Julio Soler from Argentine side Lanus.

Soler arrived in the UK yesterday to finalise the move and has now done so. Solet is the current Argentina U20 captain and considered an exciting prospect for the future.

Manchester City need to freshen up their attacking talent as they try to salvage their season and Pep Guardiola’s men are targeting a £50m raid for Eintracht Frankfurt No 10 Omar Marmoush, according to Sam Wallace at The Telegraph.

The Egyptian international has been dubbed, perhaps inevitably ‘the next Mo Salah’ by some and has a versatility that could be invaluable to City – with the 25-year-old comfortable in a variety of attacking positions.

Marmoush joined Frankfurt on a free transfer from Wolfsburg at the start of last season and has shone, banging in 13 goals and contributing seven assists already this term.

He still has two and a half years left on his contract and although the original intention was a summer sale, City’s desperation could seal a move this month.

However, they apparently face competition from Liverpool, who are also after Marmoush. Who better to replace Mo Salah than ‘the next Mo Salah’…

Everton may look elsewhere in the Premier League to bolster their squad, with Fabrizio Romano suggesting they’re interested in Aston Villa winger Jaden Philogene.

Romano says the Toffees have opened talks and that negotiations are for a permanent move rather than a loan.

Away from the world of player transfers, the managerial merry go-round looks like it may be starting up again.

West Ham remain in advanced talks with Graham Potter to become their new manager, despite Julen Lopetegui taking training as normal on Tuesday morning.

Lopetegui’s position at West Ham is seen as untenable, although much still hinges on whether Potter will decide to take the job at the London Stadium, with Everton – under new ownership – also an option.

West Ham are keen to make the 53-year-old their next manager, having also approached two other candidates. The Hammers are understood to have sounded out former Paris Saint-Germain coach Christophe Galtier, while there has previously been interest in Milan’s Sergio Conceicao.

Latest from Miguel Delaney:

Son Heung Min is set to stay at Tottenham beyond this season after the club triggered an extension option in his contract.

The South Korean’s deal was due to expire at the end of this campaign after a decade at the north London club.

But Spurs have activated an extension to their captain’s deal, keeping him under contract until the conclusion of the 2025/26 season and ensuring that he can not depart on a free transfer this summer.

Barcelona were apparently looking to sign Son on a free this summer, given their financial woes, but that now appears to be a no-go

Arne Slot has said that Liverpool are keeping an eye open for a chance to strengthen in the transfer window and shrugged off the scrutiny on his side by saying that if he spent his time looking at social media, he would have no life.

The Dutchman ignored top scorer Mohamed Salah’s jibe at former Liverpool vice-captain Jamie Carragher to concentrate on his team. Salah posted that Carragher was “obsessed” with him after the pundit’s latest discussion on his contract.

And he confirmed that the Premier League leaders will look for opportunities in the winter window, even as he is content with the squad who have also gone top of the Champions League and reached the semi-finals of the Carabao Cup.

Wolves are strengthening their defence as they face a Premier League relegation battle.

According to Fabrizio Romano, Wolves have signed all documents to bring in Reims star Emmanuel Agbadou as their new centre back, with a deal worth €20m and add-ons.

Agbadou is 27, has made 11 appearances for the Ivory Coast and will sign a five-and-a-half-year contract with option included.

The race to sign Marcus Rashford from Manchester United this January is heating up, with another European giant considering a loan move for the forward.

AC Milan and Juventus has already been reported as being interested and now The Athletic are reporting that Borussia Dortmund are weighing up an attempt at recruiting the 27-year-old.

Rashford has stated he is “ready for a new challenge” away from Old Trafford although it’s not guaranteed he will leave this month. His contract, which reportedly pays him £325,000 per week until 2028, could prove to be a stumbling block.

United and Dortmund did business last January when Jadon Sancho joined the German side on loan after things went south for him with the Red Devils.