Man Utd could seek over £40m for Garnacho - Tuesday's gossip

Manchester United could receive an offer for Alejandro Garnacho, Bayern Munich want Kobbie Mainoo, and Manchester City are willing to let Kyle Walker leave the club on a free transfer...

Manchester United are said to value winger Alejandro Garnacho, 20, at about £42m, amid interest from Napoli. (Sport Italia, external)

Bayern Munich have joined Chelsea in the race for 19-year-old Manchester United and England midfielder Kobbie Mainoo. (Sun), external

Manchester City are willing to allow defender Kyle Walker, 34, to depart for free this month amid interest from AC Milan and Inter Milan. (Gazzetta dello Sport, external)

AC Milan will make a formal approach for Manchester United forward Marcus Rashford, 27, who is set to leave Old Trafford this month. (Sky Sports, external)

Borussia Dortmund have also reportedly met with Rashford's representatives in the hope of striking a January deal. (Sky Sport Germany - in German, external)

Aston Villa have agreed a £19m deal to sign Dutch forward Donyell Malen, 25, from Borussia Dortmund. (The Athletic - subscription required, external)

Villa have also opened discussions with Sevilla as they look to sign 24-year-old French defender Loic Bade. (L'Equipe - in French), external

Newcastle goalkeeper Martin Dubravka, 35, is in negotiations over a pay rise to see out the final five months of his contract. (The i, external)

Leicester are set to sign French full-back Woyo Coulibaly, 25, from Parma in a £3m deal. (Fabrizio Romano, external)

Chelsea will allow midfielder Carney Chukwuemeka, 21, to leave on loan this month, with Borussia Dortmund and Strasbourg interested. (Fabrizio Romano, external)

Nottingham Forest are open to offers for striker Emmanuel Dennis, 27, with interest from clubs in the Championship, Serie A and La Liga. (Sky Sports, external)

Portugal defender Renato Veiga, 21, looks likely to leave Chelsea in January, with clubs in England, Germany, France and Italy showing interest. (Athletic), external

Monaco have made a second proposal to West Ham for Edson Alvarez, 27, after their initial loan offer for the Mexico midfielder was rejected. (Mail), external

Netherlands defender Tyrell Malacia, 25, could leave Manchester United on a loan deal this month. (Fabrizio Romano), external

West Ham are poised to enquire about Everton's Dominic Calvert-Lewin before possibly making a move for the 27-year-old England striker. (GiveMeSport), external

Leicester are open to selling Belgium defender Wout Faes, 26, at the end of the season to ensure they meet profit and sustainability regulations. (Sky Sports Switzerland - in French), external

Real Madrid are looking at possible managerial options to replace Carlo Ancelotti after losing 5-2 to Barcelona in the Spanish Super Cup final. (Relevo - in Spanish, external)

Luton Town want to make Wycombe Wanderers boss Matt Bloomfield their new manager and are close to making an appointment. (The Guardian), external

Championship side Norwich City have joined the chase for highly-rated Peterborough striker Ricky-Jade Jones, 22, who is out of contract at the end of the season. (Football League World), external

Hull City are close to the loan signing of Leeds United forward Joe Gelhardt - who was wanted by ambitious League One side Wrexham. (Goal), external

Stoke City have an anxious wait ahead as striker Tom Cannon could be recalled by parent club Leicester, with manager Ruud van Nistelrooy saying "there are decisions to be made". (Stoke Sentinel), external

Both Sheffield United and Sheffield Wednesday are keen to sign Cannon if he becomes available. (Yorkshire Post), external

Millwall are interested in signing forward Aaron Connolly from Sunderland. The 24-year-old only signed for the Black Cats in September but has struggled to make an impact and could be available. (Sunderland Echo), external

Leeds striker Patrick Bamford is on a "long list" of players Blackburn Rovers are looking at as potential signings in January. (Lancashire Telegraph), external

West Brom are eyeing a move to hire Sean Dyche as their new manager after he was sacked by Everton. (LiverpoolWorld), external

Sheffield United and Luton are set to battle for the £4m signing of midfielder Timothy Ouma from Swedish top flight side IF Elfsborg. (Football League World), external

Middlesbrough have renewed their interest in Hull City left-back Ryan Giles and want to sign the 24-year-old in January. (HullLive), external