Premier League clubs still have plenty of time to strengthen before the January transfer window shuts.

Arsenal boss Mikel Arteta has reportedly been given just £20million to spend this month - with the future of Mesut Ozil one of the biggest issues facing the club.

Liverpool's title defence is faltering and they would benefit from defensive reinforcements, while Chelsea spent more than £200million last summer but still look in need of improvement.

It looks likely there will more outgoings at Manchester United, with Jesse Lingard tipped for the exit after Tim Fosu Mensah joined Bayer Leverkusen.

Here, Daily Star Sport rates and slates the latest transfer rumours.

Mesut Ozil is set to offer Arsenal a new financial plan that will allow him to complete a January transfer
Mesut Ozil could wave goodbye to £7m in wages

Rumours we rate

Ozil to write off £7m in exit bid

Mesut Ozil is reportedly ready to walk away from £7million to cut his Arsenal contract short.

Ozil has been widely tipped to leave the Gunners this month, with a switch to Fenerbahce the likely option amid speculation he could also leave for Serie A or Major League Soccer.

But according to The Athletic, Ozil is in talks with Arsenal about an early termination of his contract, which could see him lose out on the £7m he is set to earn between now and the summer.

Ian Wright has suggested the playmaker is not as money-orientated as some may think, saying: "I'm really f****** upset with the people who are continually talking about his money.

"Money that we paid him. Money that no one in their right mind is going to turn down."

Daily Star says: 8/10 - Ozil's departure appears inevitable, and while he may not have to forgo the whole of his outstanding salary, it seems likely a compromise could be reached.

Lingard in talks over Nice move

Jesse Lingard could be on his way out of Old Trafford this month


Manchester United misfit Jesse Lingard has been involved in talks with Nice over a potential loan move, according to Sky Sports.

Lingard started the Red Devils' FA Cup win over Watford on Saturday, but hasn't been in a Premier League XI for more than a year.

The midfielder's contract was extended by a further year last month, meaning he will not be leaving on a free transfer this summer.

But with his prospects at Old Trafford still looking bleak, his representatives have reportedly held discussions over a loan move to Ligue 1.

Lingard has also been linked with Aston Villa and Sheffield United in recent days.

Daily Star says: 7/10 - A loan move to Ligue 1 could offer Lingard the perfect opportunity to reignite his career - and it wouldn't strengthen any of United's Premier League rivals.

Rumours we don't rate

Jack Grealish is being linked with several top clubs

Grealish to Arsenal

Arsenal have been urged to sign Aston Villa star Jack Grealish - by Harry Redknapp and Piers Morgan.

Mikel Arteta needs to strengthen his squad if he is to turn the Gunners back to top-end contenders.

And Redknapp and Morgan agreed they should target Grealish - even if he costs £100million.

"I think they have to spend," Redknapp told Morgan on the Harry Redknapp Show. "Take a Grealish. He needs to play at the bigger club."

Morgan agreed, having previously said on Twitter: "Offer Villa £100m for him or £50m + [Mesut] Ozil, [Shkodran] Mustafi & [Granit] Xhaka. I'm deadly serious."

Daily Star says: 3/10 - Arsenal don't have that kind of cash to splash around at the moment, and it is questionable whether Grealish would consider it the right move at the moment.

Maksimovic on Liverpool radar

Liverpool have reportedly scouted Napoli defender Nikola Maksimovic

Liverpool are reportedly weighing up a swoop for Napoli centre-back Nikola Maksimovic.

The Reds have been to watch the defender, but are yet to make a move, Napoli president Aurelio De Laurentiis told Sky Sports.

Maksimovic, 29, is not considered first choice for the Serie A club but has had a run of games recently due to an injury to Kalidou Koulibaly.

Daily Star says: 4/10 - Despite Liverpool's injury crisis, they will only sign a defender this month if he's the right player for them - and this looks like a move that would benefit Napoli more than the Reds.