Theo Walcott is reported to become more adamant about his new contract

Premier league transfer news hints at clubs battling for transfers of key players. In Arsenal transfer news, Theo Walcott is reported to be miffed with Arsene Wenger over not providing his desired contract terms to the player. Wenger relayed a clear message to Walcott, when he extended the contracts of other English players at the Emirates side.

Walcott is reported to toughen his stance for a £100,000- a-week deal to stay at Arsenal FC. Manchester United FC and Manchester City FC are interested in signing the winger during the next transfer window. In other Arsenal news, Reading are looking to outbid the Gunners for the highly rated TP Mazembe defender, Stoppila Sunzu.

In Chelsea transfer news, the Blues will have to shell £30 million if they wish to sign Corinthians striker, Paolo Guerrero during the January transfer window. Chelsea FC is reported to open talks with the club for the Peruvian striker, who scored against Stamford Bridge in the Club World Cup final.

In other Chelsea news, the Stamford Bridge side are reported to have found their first signing of the transfer window as they have offered a six month contract to stopper, Mickael Landreau, who has become a free agent after leaving Lille earlier this month. French football clubs Nancy, Evian and Bastia are also reported to be interested in the 33-year-old player.

In Liverpool transfer news, Raheem Sterling is set to sign a lucrative five-year deal and secure his future with the Reds in the next 24 hours according to Liverpool FC boss, Brendan Rodgers.