Premier League transfer rumours and news: Danny Graham on future with Swansea, Yossi Benayoun 's Chelsea return

Swansea City

Danny Graham admits he will be open to offers in the transfer window if he is not given assurances about his future at Swansea.

He said: "As a footballer I want to be playing football. If that's not the case and the meeting with the gaffer doesn't go to plan then I'll have to sit down and see what happens - see what offers are on the table."

MailOnline are reporting Reading and Norwich are targeting the Swans star in the January transfer window. 

The Swans are also being linked with a move for Bolton's Spanish left-back Marcos Alonso.

West Ham

talkSPORT are reporting that Liverpool's Joe Cole has agreed terms with West Ham for a two-and-a-half year contract in the region of £30,000 a week.

Chelsea

Midfielder Yossi Benayoun has returned to Chelsea following his loan period at West Ham.

Arsenal

Sebastien Squillaci could be set for a January exit from Arsenal.

The France international joined the Gunners from Sevilla in 2010 but has found first-team football hard to come by.

The 32-year-old defender has slipped out of favour at the Emirates this season. His contract is due to expire at the end of the season, but he may be allowed to leave during the January transfer window.

He said: "I will be out of contract at the end of the season. As things stand, I will leave, perhaps during the January transfer window or else in June."

Meanwhile, Arsene Wenger insists "the desire is there" for Arsenal to secure Theo Walcott's commitment to a new contract.

The 23-year-old will be out of contract in the summer but has been in excellent goalscoring form for the Gunners recently.

Wenger has spoken repeatedly of his intention to keep the England forward at the Emirates Stadium, and the Arsenal boss said "We are talking. It is very difficult to be predictable in these kinds of situations but our desire is there to do it as quickly as possible."

Newcastle United

Newcastle United are looking to tie down deals for Loïc Rémy and Mathieu Debuchy after Demba Ba joined Chelsea, the Independent reports.

Manchester City

AC Milan president Silvio Berlusconi has ruled out a January raid for Manchester City striker Mario Balotelli.

Milan have been linked with a move for the Italy international for some time, but Berlusconi claims the 22-year-old carries too much baggage.

Berlusconi said: "Balotelli, as I have said on other occasions, doesn't convince me as a man."

Manchester United

Real Madrid's Cristiano Ronaldo has been the subject of intense speculation after he said he still loves former club Manchester United.

"I still have a great feeling of friendship and love for them, they are a team that have done a lot for my career," he said.

Reports that the superstar may reject a contract extension with Real Madrid has sparked a debate that he could return to United for a deal thought to be in the region of £60 million, the Mirror reports.