TRANSFER GOSSIP COLUMN: Chelsea want to sign Ivan Toney in January and Sir Jim Ratcliffe's takeover at Old Trafford could help Jadon Sancho's Manchester United exit

The last international break of the year is in the books and Christmas is just over a month away, which means we're rapidly approaching the January transfer window.

With Premier League and European clubs looking to strengthen their squads or address injury issues, it promises to be a busy winter window.

Arsenal and Chelsea have both been linked with a big-money move for £100million-rated Ivan Toney, while Manchester United looking to offload Jadon Sancho, who has been frozen out since a well-publicised fallout with Erik ten Hag back in August. 

Over on the continent, meanwhile, Napoli find themselves in the spotlight again with rumours swirling against their star man Kvicha Kvaratskhelia and Barcelona could receive offer for former Leeds winger Raphinha.

Below, Mail Sport takes a look at all the latest news and gossip on Tuesday. 

Chelsea are reportedly considering splashing the cash on Ivan Toney, who will make his return to action in January following an eight-month betting ban. The Brentford striker, who is valued at £100m, is also on Arsenal's radar (Football.London). 

Jadon Sancho's proposed move to Juventus could move a step closer if Jean-Claude Blanc were to replace Richard Arnold at Manchester United once Sir Jim Ratcliffe takes control of football operations. Blanc currently oversees INEOS' sporting portfolio but retains a strong relationship with Juventus, where he served as chairman and chief executive for five years. (Tuttosport - in Italian)

Tottenham are prepared to include Cristian Romero in a deal for Barcelona winger Raphinha as Ange Postecoglou looks to bring the Brazilian back to the Premier League, (Sport - in Spanish) 

Spurs are also keeping tabs on Roma midfielder Bryan Cristante who has attracted interest after establishing himself as one of the key figures in Jose Mourinho's side. The 28-year-old Italian international could cost Tottenham around £26million. (TuttomercatoWeb - in Italian)

Former Manchester United defender Chris Smalling could also be set to depart the Eternal City, amid reports linking the Roma centreback with a move to Saudi Arabia in January. (Gazzetta dello Sport - in Italian)

But should Benfica agree to sell Neves, Bernardo Silva has revealed he will do all he can to convince the 19-year-old Portuguese to join Manchester City instead, (Metro)

Manchester United and Arsenal are among the clubs monitoring Brazilian forward Marcos Leonardo. The 20-year-old has scored 21 goals in 45 games in all competitions for Santos this season, but his agent has suggested he will leave the club in January, (Evening Standard) 

Kvicha Kvaratskhelia and his agent are confident Napoli president Aurelio De Laurentiis will 'keep his word' and offer the Georgian star an improved contract 'very soon'. (Gazzetta dello Sport - in Italian)

Meanwhile, both Manchester clubs, Newcastle and Chelsea sent representatives to watch the Napoli winger in action during Georgia's 3-1 loss to Spain on Sunday. (90min)

Jorginho's agent has admitted negotiations over a new contract with Arsenal are at a 'standstill' but that remaining at the Emirates is the Italian international's priority. (Mirror, via TuttomercatoWeb) 

David Alaba is happy at Real Madrid and insisted he is 'not thinking' about a possible return to Bayern Munich. (Fabrizio Romano)