TRANSFER ZONE - 10th January 2014

• Arsenal have been asked to cough out £1.7 million fee to land Real Madrid striker Alvaro Morata on loan.

• German club Wolfsburg are set to complete the £18 million signing of Chelsea midfielder Kevin De Bruyne.

• Tottenham have confirmed that England striker Jermain Defoe will join MLS side Toronto at the end of February.

• Liverpool are set  to reignite their interest in Dynamo Kiev winger Andriy Yarmolenko.

• Southampton have revealed that striker Dani Osvaldo will not be leaving the club despite interests from Serie A clubs.

• On-loan Chelsea goalkeeper Thibaut Courtois is in talks over his future with the club. 

• Everton are close to completing the signing of Celtic winger Aiden McGeady.