Here is all of Saturday’s transfer gossip and paper talk...
Mario Balotelli is ready to join AC Milan in a £24m deal. The 22-year-old striker has given notice on his rented house in Cheshire and started flying his possessions back to Milan. (The Sun)
Stoke manager Tony Pulis has insisted that striker Michael Owen, 33, will not be moving anywhere on loan during the January transfer window. Owen has made just five appearances since joining the club in the summer. (The Sun)
Liverpool have launched an £8m bid for Inter Milan's Brazilian midfielder Philippe Coutinho, 20, after becoming increasingly frustrated in efforts to sign Blackpool's former Reds youngster Thomas Ince. (Daily Telegraph)
Queens Park Rangers are chasing Porto and Portugal defender Rolando, even though the 27-year-old Europa League winner has turned them down three times already. (Daily Mirror)
Meanwhile, QPR's hopes of signing Rennes and France midfielder Yann M'Vila, 22, have been complicated by interest from Rubin Kazan and Tottenham Hotspur. (The Times)
Chelsea midfielder Frank Lampard, 34, is close to agreeing a deal with LA Galaxy for next season - but he will definitely remain at Stamford Bridge for the rest of the current campaign. (London Evening Standard)
Arsenal want 20-year-old French midfielder Gilbert Imbula, who has starred for French second-tier side Guingamp in recent seasons and holds the record as the youngest player to play in the division, at 17 years, one month and four days. (Daily Mail)
And here are the latest tales from talkSPORT.co.uk...