Manchester United - James Rodriguez, Porto
There is no great surprise that Manchester United are pursuing James Rodriguez, given that the Colombia international is being hailed as the 'new Cristiano Ronaldo'.
Sir Alex Ferguson is reported to have sent Manchester United scouts to take a look at Rodriguez on a number of occasions this season.
Chelsea - Radamel Falcao, Atletico Madrid
The 26-year-old, though, is likely to become a priority for Chelsea in January, if Rafael Benitez fails to get Fernando Torres to fire.
Arsenal - Adrian Lopez, Atletico Madrid
Arsenal are reported to have identified Adrian Lopez as target No.1 for the January transfer window, as Arsene Wenger looks for further goalscoring reinforcements.
Olivier Giroud and Lukas Podolski are beginning to find their form for the Gunners, but Arsenal have failed to sufficiently compensate for the departure of Robin van Persie.
Tottenham - Willian, Shakhtar Donetsk
Tottenham have been linked with a move for Willian for some time, and his performances in this season's Champions League are unlikely to deter the north London club.
Willian recently welcomed a January bid from from Spurs, stating that he wants to play for his 'friend' Andre Villas-Boas at White Hart Lane.
Liverpool - Daniel Sturridge, Chelsea
Liverpool are in desperate need of another striker given the injury and recruitment problems at Anfield in recent months, and Daniel Sturridge could be the man to plug the gap.
Manchester City - Daniele de Rossi, Roma
Roberto Mancini has reportedly asked Manchester City director of football Txiki Begiristain to sign Roma midfielder Daniele de Rossi in January.
Manchester City had heavily been linked with a move for Rossi in the summer, and the Italian will reportedly cost in excess of £20 million.