The highlights and transfer rumors from Wednesday's newspapers…
THE ATHLETIC
Nottingham Forest could face a points deduction if the club is deemed to have breached the Premier League's Financial Fair Play (FFP) rules.
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Dharmesh Sheth and Mark McAdam summarize the latest transfer news from all 20 Premier League clubs
Chelsea have agreed a deal to loan teenager Alex Matos to Championship club Huddersfield Town for the remainder of the season.
Zak Sturge is returning to parent club Chelsea after his loan spell at Peterborough United was cut short.
Joe Hugill has signed a new contract with Manchester United until 2026 with the option of a further year and is now set to leave on loan.
Burnley winger Manuel Benson is attracting interest from Southampton and Hull City among a number of other clubs.
THE TELEGRAPH OF THE DAY
Nottingham Forest have hired specialist sports lawyer Nick De Marco to try to avoid any charges in the Premier League for breaching financial regulations.
Fabio Paratici will continue to assist Tottenham Hotspur in the January transfer window, despite the arrivals of Scott Munn as director of football and technical director Johan Lange.
Lewis Hall is set to stay at Newcastle following his initial loan spell from Chelsea, despite failing to break into Eddie Howe's starting line-up.
THE TEMPERATURE
Premier League clubs will learn in the next two weeks whether they will face charges over further breaches of financial rules, with Nottingham Forest seen by experts as being most at risk.
Mary Earps is considering a move abroad as the England goalkeeper's future at Manchester United remains uncertain.
THE GUARDIAN
Borussia Dortmund have discussed a deal to sign Chelsea left-back Ian Maatsen, who is for sale.
THE SUN
Chelsea are considering a move for Benfica's Antonio Silva after scouting the defender.
Sir Jim Ratcliffe has vowed to get used to the Manchester rain after being greeted by a downpour on his first visit to Old Trafford since his minority share buyout was revealed.
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Sky Sports News chief journalist Kaveh Solhekol explains what Sir Jim Ractliffe's 25% stake in Man Utd means for the club
Trevoh Chalobah could still leave Chelsea this month despite his injuries.
Erik ten Hag's agent is ruffling feathers at Manchester United with approaches to academy stars amid growing transfer clout.
Newcastle and Peterborough stand to make huge gains if Arsenal sign Ivan Toney.
Atalanta have launched a move for Birmingham's Jordan James.
Ko Itakura is set for a return to the Premier League with Liverpool and Tottenham reportedly interested in the Borussia Monchengladbach star.
Chelsea are now competing alongside Manchester United to sign Nice defender Jean-Clair Todibo, according to a report.
Jesse Lingard is set to be offered a return to the Premier League with Everton, according to reports.
West Ham reportedly wants to sign Eric Dier from Tottenham.
DAILY MAIL
Manchester United hope to have Andre Onana in goal for the match against Tottenham at Old Trafford on January 14 – even though Cameroon kick off their Africa Cup of Nations campaign just 24 hours later.
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Ahead of Manchester United's Premier League clash with Liverpool, Andre Onana reflects on life at Manchester United following his summer move from Inter.
Manchester United and Liverpool are set to battle for the signature of Bayern Munich midfielder Joshua Kimmich this summer, according to reports.
Erik ten Hag is keen to retain his veto over any transfer to Manchester United as the club look to revamp their recruitment department following the successful partial buyout of Sir Jim Ratcliffe, according to reports.
DAILY MIRROR
Arsenal are set to offload Mohamed Elneny, allowing them to make a move for Real Sociedad's Martin Zubimendi.
Real Madrid boss Carlo Ancelotti has ruled out signing a centre-back in January despite his links with Raphael Varane.
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Sky Sports' Dharmesh Sheth shares latest news on potential Manchester United exits, with futures of Raphael Varane, Casemiro and Anthony Martial uncertain
THE INDEPENDENT
Bayern Munich are expected to continue their long-standing interest in Chelsea's Trevoh Chalobah and Fulham's Joao Palhinha next January.
EVENING STANDARD
Chelsea made a new striker their transfer priority in January, with the transfer of Nice defender Jean Clair-Todibo deemed unlikely.
Brentford made signing a full-back their priority in January.
Andrey Santos is set to return to Chelsea this week after a disappointing loan spell at Nottingham Forest.
SCOTTISH SUN
Giovanni van Bronckhorst is set to make his return to football management with Besiktas.