All the latest gossip from Wednesday's newspapers.
Middlesbrough are ready to offer keeper Mark Schwarzer, whose deal runs out at the end of the season, an ultimatum to take their improved contract offer or they will withdraw it. (The Times)
Former Chelsea chairman Ken Bates has played down talk he is to form part of a takeover consortium to take over at Leeds. (Various)
Tottenham and Southampton have had £4m bids for Andy Reid knocked back by Nottingham Forest who are said to want a further £500,000 for the 22-year-old winger. (The Sun)
Spurs are set to re-sign former keeper Ian Walker from Leicester City with Kasey Keller bound for Borussia Moenchengladbach. (The Daily Mail)
Southampton boss Harry Redknapp is lining up a move for Portsmouth midfielder Nigel Quashie weeks after leaving the Fratton Park club for their south-coast rivals. (Various)
Newcastle's determination to sign Manchester City defender Sylvain Distin is expected to see them offer Laurent Robert in exchange, as long as they can lure Luis Boa Morte to Tyneside from Fulham. (Guardian)
Aston Villa will switch their attentions to signing Portsmouth striker Yakubu after losing out to Everton for the services of James Beattie. (Independent)
Fulham are ready to sell midfielder Steed Malbranque with Villa, Spurs, Newcastle and Liverpool possible interested parties. (Daily Mirror)
Chelsea will beat Liverpool to the signing of Leeds and England Under-21 keeper Scott Carson, 19, in a £1m deal. (Daily Mirror)
Blackburn have told midfielder Barry Ferguson to forget about a January return to Rangers. (Daily Record)
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