TRANSFER ZONE - 4th January 2014

• Arsenal are set to launch a £32 million bid for Atletico Madrid striker Diego Costa.

• Chelsea manager Jose Mourinho has denied reports linking the club with a £50 million bid for Argentine and Napoli striker Gonzalo Higuain.

• Liverpool are still in talks with Basel for the transfer of Egyptian winger Mohammed Salah.

• Manchester United have been alerted by the news that Inter Milan will release Argentine midfielder Esteban Cambiasso this summer.

• West Ham United have lined up a move for Manchester City and England defender Joleon Lescott.

• French club Lille have slapped a £2.5 million price tag on former Chelsea forward Salomon Kalou who is attracting interests from Tottenham, Arsenal, Liverpool and West Ham.

• Arsenal boss Arsene Wenger has dismissed reports linking the North-London club with a £2 million move for Fulham and Bulgarian striker Dimitar Berbatov.

• Sergio Aguero's father insists that the Argentine striker is not interested in a move to Barcelona.