Football Transfer Rumours - Dec-02-2014

Arsenal have joined Borussia Dortmund and Juventus in the race for FC Basel's 22-year-old Swiss defender Fabian Schar. The Gunners are also targeting Real Madrid's Spanish midfielder Isco, 22.

Liverpool's summer signing Mario Balotelli, 24, could leave the Reds in January to return to Italy to play for Napoli

AC Milan and Paris St-Germain are in a race to sign Chelsea goalkeeper Petr Cech, who has been replaced as number one choice by 22-year-old Thibaut Courtois at the Blues

Manchester City are in talks with AS Monaco's 22-year-old French defender Layvin Kurzawa over a possible January transfer.

Burnley striker Danny Ings is out of contract in June and Newcastle are leading the clubs chasing the 22-year-old's signature

Arsenal have been warned by Celtic they will not be able to sign defender Virgil van Dijk, 23, on the cheap.

Chelsea are keen to loan out midfielder Mohamed Salah in January and Everton, QPR, Stoke and Sunderland are all interested in landing the 22-year-old.

Arsenal manager Arsene Wenger is set to offload forward Lukas Podolski, 29, and Joel Campbell, 22, in January, with Inter Milan and Cologne interested in the former and Everton, Swansea and West Brom keen on the latter.

An unnamed Qatari side have bid £9.5m for Abdul Majeed Waris, 23 - believed to be a target for Manchester United after assistant manager Ryan Giggs travelled to Turkey to watch the Trabzonspor striker in a Europa League fixture.

Manchester United are keen on Atletico Madrid central defender Diego Godin with boss Louis van Gaal not ruling out meeting the 28-year-old's £28m buy-out clause with the Spanish side.