TRANSFER GOSSIP: Man United & Liverpool told 'hands off' Benfica's Antonio Silva

The January transfer window opens in just two days' time and the New Year fireworks will usher in a frantic month of wheeling and dealing for clubs and agents.

All eyes will be on the likes of Manchester United, who are likely to oversee a handful of exits amid doubts over the futures of Raphael Varane, Jadon Sancho and Casemiro.

Arsenal, Liverpool and Man City should also be busy as they look to strengthen their teams and get a real foothold in the title race.

Tottenham and Newcastle have also been linked with players next month after being hit with an injury crisis this season.

Mail Sport breaks down all the latest transfer rumours and gossip as we prepare for a busy window.

Juventus are in talks with Manchester City to take England midfielder Kalvin Phillips on loan (The Times).

Real Madrid will make a fresh attempt to sign Paris Saint-Germain and France star Kylian Mbappe - and will set the forward a deadline ahead of the summer (The Athletic).

Mbappe will be offered a deal worth £23million a year with a huge £110m signing-on bonus (Marca).

Arsenal are targeting Napoli's Victor Osimhen, Inter Milan's Lautaro Martinez and Bayer Leverkusen's Victor Boniface if they can't sign Brentford striker Ivan Toney (CBS Sports).

The Gunners will only entertain big offers for the likes of Eddie Nketiah, Aaron Ramsdale and Emile Smith Rowe in the coming window (Daily Mirror).

Benfica's manager Roger Schmidt has issued a 'hands-off' warning to Antonio Silva's suitors Manchester United, Liverpool and Real Madrid (90min).

Tottenham are prepared to step up their interest in Genoa’s Romanian defender Radu Dragusin with Ange Postecoglou urgently needing reinforcements (Daily Telegraph).

Juventus are willing to offer Arsenal the Italy striker Moise Kean in exchange for their young midfielder Charlie Patino (Tuttosport).

Former Manchester United defender Eric Bailly is on the verge of a return to Villarreal after his Besiktas contract was ripped up (Fabrizio Romano).

Chelsea want the Ukrainian striker Artem Dovbyk, who has scored 11 goals this season for shock LaLiga leaders Girona (The Sun).