Manchester United are prepared to walk away from deal for Sporting Lisbon star Bruno Fernandes.
The Red Devils had reportedly agreed terms with the midfielder last week.
But talks with the Portuguese club have stalled, with the club saying they are “miles away” from agreeing a deal as Sporting refuse to adjust their £68m valuation.
United believe he is worth £50m, which has left a stalemate in negotiations.
Arsenal have also started to dabble in the January transfer window as they chase Bundesliga star Dayot Upamecano.
StarSport understands that senior officials at the club believe he can pair up with William Saliba to bolster their defence.
London rivals Chelsea are looking at both ends of the pitch for new faces, with Timo Werner a preferred forward and Brighton defender Lewis Dunk in their sights.
While league leaders Liverpool could be about to lose Xherdan Shaqiri as the Swiss international is keen on a move to Roma.
You can keep track of all the big moves from every Premier League club as they happen throughout the day, right here at Starsport.