Football Transfer Rumours - Jan-05-2015

Manchester City are keen to sign Schalke midfielder Julian Draxler, 21, and could be willing to trade defender Matija Nastasic, 21

Crystal Palace are ready to hijack QPR's bid to sign West Ham forward Mauro Zarate, 27, on loan following the appointment of manager Alan Pardew

Liverpool will make a £23m bid for 21-year-old West Brom striker Saido Berahino — once they can sell unwanted Fabio Borini, 23

Manchester City manager Manuel Pellegrini wants to sign Schalke midfielder Julian Draxler, although the German side want £25m for the 21-year-old

Chelsea and Manchester United have been told they will have to pay £20m if they want to sign Real Madrid defender Raphael Varane, 21