Football gossip and rumours: Friday, December 14

Newcastle, Chelsea, Liverpool, Manchester United, Arsenal, Everton and Real Madrid all make the headlines today.

Newcastle are in competition with Juventus to sign Toulouse midfielder Moussa Sissoko, 23 – talkSPORT

Chelsea have emerged as favourites to land £15m-rated striker Theo Walcott, 23, from Arsenal – the Sun

Real Madrid are willing to pay up to £56m to land Tottenham winger Gareth Bale, 23, during the next two transfer windows – Metro

Manchester United and Arsenal are battling to capture PSV Eindhoven’s £17m-rated midfielder Kevin Strootman, 22 – the Sun

Liverpool’s hopes of signing Barcelona winger Cristian Tello, 21, appear to be over after he signed a new contract with the Spanish club - but he does have an £8m buy-out clause – talkSPORT

Everton are unlikely to try to bring United States international Landon Donovan, 30, to Goodison on loan for a third time in January – Liverpool Echo