Manchester United are closing in on a bumper £50 million double swoop for Valencia pair David Villa and David Silva.
United have been struggling for attacking flair since selling Cristiano Ronaldo to Real Madrid and have just three established strikers on their books - Wayne Rooney, Dimitar Berbatov and Michael Owen.
Valencia have admitted they may be forced to sell Villa, but could also cash in on Silva at the same time. (Daily Mirror)
Portsmouth have been hit by a transfer ban by the Premier League as a result of their debts to other English clubs. It will remain in place until those debts are paid in full. (Daily Mirror)
In other news, Italian giants Juventus are plotting a £6m swoop for Manchester City full-back Pablo Zabaleta once the transfer window re-opens in the New Year.
The Argentine defender has been out in the cold after seeing Micah Richards re-established as first-choice right-back at Eastlands, prompting interest from the Old Lady. (The Sun)
Bolton and Celtic are eyeing up FC Utrecht's young Holland striker Ricky van Wolfswinkel who, if he is anything like as good as his name, will be well worth the £1.5m his club are asking. (The Sun)
Leicester have issued a 24-hour deadline to free agent Edgar Davids as the 36-year-old Dutchman decides whether to prolong his career at the Walkers Stadium. (Daily Express)
Liverpool are tracking 20-year-old Sampdoria midfielder Vladimir Koman, who is currently on loan with Bari. The goalscoring playmaker would set Rafa Benitez back around £4m. (Daily Mirror)
West Brom have agreed to sell flop Borja Valero back to Real Mallorca for £3.7m. The midfielder is currently on loan at the Liga club but can make the move permanent in January. (Daily Mirror)
And finally, Hull City have been warned by their accountants that their uncertain financial position is threatening the club's ability to continue as a going concern. (The Guardian)
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