There's just two weeks left until the January transfer window opens and the point where teams start trying to strengthen their teams, and shed a few players that are surplus to requirements.

It's the period where relegations and qualifications are decided and big money is spent by chairman all over the country.

Aston Villa and Wolves will both be looking to add to their squads ahead of the second half of the season, and they will be competing with the rest of the teams in the Premier League for those all important signatures.

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Here we take a look at the latest rumours and news doing the rounds ahead of the big day.

Man Utd make move for £41m Rashford replacement

Manchester United have made contact with the entourage of Ademola Lookman, according to Sky Sports in Switzerland.

Atalanta would be willing to negotiate a sale for offers above £41million, the report adds.

And the 27-year-old would be a high-class replacement for exit-linked Marcus Rashford.

Lookman has scored 43 goals in 96 games since moving to Italy.

Liverpool and Chelsea are also said to be watching, as well as clubs elsewhere in Europe.

West Ham eye German stopper

West Ham have been scouting Freiburg goalkeeper Noah Atubolu, according to

.

The 22-year-old is a German youth international in the midst of his second season as a first-team Bundesliga player.

Lukasz Fabianski currently holds the Hammers' No 1 spot, but he will turn 40 before the end of the campaign.

Everton transfer budget comes to light

Everton will be forced to operate on a tight budget in the January transfer window despite their new owners, the Friedkin Group, promising to 'transform' the club.

While the Friedkin Group's arrival is set to kickstart a new financial era at Goodison Park, Profit and Sustainability Rules (PSR) will limit the impact they are able to make this winter.

According to The i, expensive signings are 'unlikely' in January, when Everton will be forced to 'box clever' in the market. It has reportedly been acknowledged by senior figures at the club that spending their way out of trouble is 'impossible'.

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Prem trio handed bargain opportunity

Morten Frendrup's price tag has been slashed by Genoa, according to Tuttomercatoweb.

The Dane, 23, has reportedly been courted by Liverpool, Brighton and Brentford, while AC Milan are also hot on his heels.

Cash-strapped Genoa wanted £16.5million for Frendrup during the summer, but it is understood that they will ask for only £12.4m in January.

It remains to be seen whether the Premier League trio revive the interest they showed in the midfielder only a few months ago.

United in Kolo Muani hunt

Manchester United and RB Leipzig have been touted as destinations for Randal Kolo Muani, who has been told he can leave Paris Saint-Germain in January.

L'Equipe claim that PSG are aiming for a loan deal for the player who has scored just twice in 10 Ligue 1 appearances this season.

Manager Luis Enrique is seemingly losing faith in the 26-year-old forward, who signed for a whopping £76million only last year.