Manchester United and Arsenal are both tracking Porto right-back Alberto Costa, with the 22-year-old Portuguese defender emerging as one of the most coveted young talents in European football — though the two Premier League giants face stiff competition from Paris St-Germain, according to Caughtoffside.

Costa's profile as a technically accomplished and defensively solid full-back has attracted attention from some of the continent's biggest clubs. The involvement of Paris St-Germain makes a potential transfer battle all the more complex heading into the upcoming window.

Haaland price tag warning

Manchester City are prepared to demand a substantial fee for striker Erling Haaland, 26, even in the event of relegation from the Premier League following the club's ongoing financial rule proceedings, Football Insider reports. Chelsea, Arsenal, Bayern Munich, Real Madrid, and Barcelona are all said to be monitoring Haaland's situation closely, ready to move should sanctions be imposed on City, per Fichajes.

Sterling struggles to find a new home

Former Chelsea and Manchester City winger Raheem Sterling, 31, has been offered to two Ligue 1 clubs but found no takers. The free agent Englishman remains without a club as both French sides passed on the opportunity, according to Foot Mercato.

Willock targeted by Besiktas

Besiktas president Serdal Adali has publicly declared his intention to sign Newcastle United midfielder Joe Willock, 27, in January. Adali claimed the English midfielder has already selected a new home in Turkey, Talksport reports — though Newcastle have made no official statement on the matter.

Howe rules out mid-table return

Former Newcastle United manager Eddie Howe is unlikely to accept a Premier League role at a lower- or mid-table club such as Crystal Palace or Fulham, according to the Telegraph. Howe is reportedly holding out for an opportunity at a major club currently underperforming relative to its ambitions.

Liverpool's Tchouameni interest persists

Liverpool retain their interest in Real Madrid midfielder Aurelien Tchouameni despite the 26-year-old France international signing a new long-term deal with the La Liga club during the summer, Teamtalk reports. Whether that renewed commitment changes Liverpool's calculus remains to be seen.