Transfer Clock: Southampton drama, Arsenal prepare Draxler bid

Southampton and Arsenal lead the headlines.

Transfer Clock: 14 days down, 17 to go until the transfer window closes. Here is a look at five of the more interesting rumours from the past 24 hours.

1) Southampton chairman Nicola Cortese is being linked with a shock exit from the club. The Mail report Cortese has had a row with owner Katharina Liebherr and is on the verge of walking away. If he did it would cause questions over the future of Mauricio Pochettino, a man he appointed 12 months ago. The Telegraph also report Cortese's future as being in 'significant doubt'. Earlier this week The Sun claimed Cortese was being courted by a handful of Serie A sides. 

2) Fulham manager Rene Meulensteen has revealed they have had a bid for Ravel Morrison rejected by West Ham. ESPN report: "We got knocked back. We need to review it and move on." He is not entirely walking away however, and has indicated he believes West Ham are holding out for an improved bid. In our opinion there is little chance of the Hammer doing business with a relegation rival this window, unless the player becomes difficult in an effort to force the transfer. 

3) Manchester City have been told it will take £40 million to land Eliaquim Mangala from Porto, report The Mirror. With Chelsea making their transfer market move for Nemanja Matic, title rivals City are expected to show their hand. It was reported last week in France that City had already made a bid for the defender, but the lack of activity since then suggests this was premature. The paper speculate that the high price tag could force City to walk away.

4) The Mirror also report Arsene Wenger wants Julian Draxler... to play as a striker. The German is the subject of speculation amid a potential return to Schalke for Lewis Holtby, presenting the Gunners with fresh impetus to renew their interest. There has been question among fans as to where Draxler would fit in at the Gunners, and the suggestion to convert him up top could be a solution. The paper has compared his situation to that of Robin van Persie's at Feyenoord a decade ago. The player's release clause is not active until the summer, but Arsenal could still do a deal for a negotiated price this January.

5) Leighton Baines is to sign a new deal with Everton, the Liverpool Echo reports. The left-back has been subject of interest from Manchester United in consecutive summers. Baines' current deal expires in 2015, meaning the club would be caught in a spot this summer if a big deal comes in, but the paper claim behind the scenes talks have progressed well in recent weeks and days and the England international is poised to commit his future to the club. Everton are also working on signing Ross Barkley to a new deal to ward off any unwanted suitors for the midfielder.

images: © psgmag, © ingythewingy

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