EPL 2012-13: Top transfer news and rumours on December 24

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London, Dec 24: Manchester City plan to offload to stars, Liverpool close in on Sturridge, Walcott unsure of Arsenal future, Arsenal move in for Adrian Lopez, Tottenham deny heavy spendings, Chelsea want Spurs left-back, all the transfer news and rumours from the Barclays Premier League on Dec 24.

*Manchester City are planning an overhaul their squad in order to reduce their annual wage bill.

*City could offload Mario Balotelli, James Milner, Joleon Lescott and Gareth Barry during the transfer window next month or in the summer.

*Superstar Cristiano Ronaldo had admitted he would like to return to Old Trafford and play for Manchester United but the cost of the transfer would be a problem

*AC Milan are planning to bid £20 million for City striker Balotelli next month.

*Manchester City sporting director Txiki Begiristain flew to Brazil last week for talks to sign Santos' £32m-rated striker Neymar. He spent two days there to open talks to sign the 22-year-old Brazilian.

*Arsenal manager Arsene Wenger will move for Atletico Madrid striker Adrian Lopez instead of Barcelona forward David Villa. Wenger fears he will pay too much for a 31-year-old.

*Christian Benteke has told fellow Belgian and Chelsea star Eden Hazard that he could make a dream move to Real Madrid.

*Chelsea are ready to bid £6 million for Tottenham left-back Benoit Assou-Ekotto.

*Tottenham boss Andre Villas-Boas has ruled out high-profile transfer of Joao Moutinho.

*On-loan Chelsea striker Romelu Lukaku wants to stay at West Brom Albion until the end of the season.

*Tottenham will offer goalkeeper Brad Friedel a new contract to stop him from joining Blackburn.

*Arsenal midfielder Jack Wilshere has urged teammate Theo Walcott to sign a new contract with the Gunners.

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