But how much will be spent by the top-flight clubs and which clubs will make the most signings?
Arsenal, Chelsea, and Tottenham fans will all be hoping their teams are busy in the market, with the Blues looking to strengthen their hold on the top four, while the Gunners will be desperate for reinforcements to boost their ailing season. Jose Mourinho and his Spurs side will want to continue challenging for those Champions League places, but they will perhaps be looking for some defensive additions to do so. Football fans from all over the world can buy online Premier League Tickets to enjoy its stunning performances.
West Ham will also be scouring the market, after appointing David Moyes as their new manager.
The Scot will surely want to bolster his squad to ease any relegation worries.
Here are the latest gossip and live updates ahead of the opening of the transfer window.
No Ajax move for Vertonghen
According to Dutch newspaper De Telegraaf, Ajax will not make a move for former defender Jan Vertonghen because the Tottenham defender would cost too much in wages.
Arsenal enter race for Ake
According to The Telegraph, Arsenal is ready to join the race to sign Bournemouth defender Nathan Ake.
The Dutch center-back is reportedly also wanted by the former side Chelsea.
Villa target Batshuayi
According to Foot Mercato, the serious injury to Wesley could force Aston Villa into a January move for a striker.
The report claims Villa are planning a loan move for Chelsea striker Michy Batshuayi, with a view to a permanent deal in the summer.
Spurs join race for Lemar
Tottenham have also joined the race for Thomas Lemar, who joined Atletico from Monaco for £63million in July 2018.
That is according to Foot Mercato, who claims that Tottenham does not have the funds for a January transfer so are hoping to take Lemar on loan for the rest of the season with an option to buy in the summer.
Man United eye English duo
According to The Independent, Manchester United has made Aston Villa midfielder Jack Grealish and Leicester midfielder James Maddison their top transfer targets for January.
According to the Sun, Manchester United is determined to sell Paul Pogba, with Real Madrid his most likely destination.
The report claims German midfielder Toni Kroos could well go the other way.
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