Daily Transfer Update - November 12, 2013

Chelsea are targeting AS Monaco’s Radamel Falcao in order to boost their striking options

Chelsea are looking to splash big money this January as they are reported to be targeting Monaco striker, Radamel Falcao. The Blues boss is going to watch Monaco’s super striker in action for Colombia against highly-rated Belgium on Thursday before considering giving the green light to a British record £60million bid. (The Daily Mirror)

Arsene Wenger is looking to boost his striking options and is apparently reigniting his interest in Real Madrid’s Karim Benzema. Wenger had wanted to sign the striker in the summer transfer window, but Benzema is believed to have snubbed all advances to remain at Madrid. Benzema who has 18 months left on his contract, has endured a difficult season with the Madrid fans and has always been one of Wenger’s most admired transfer targets. (Mirror)

With Borussia Dortmund having revealed that Marco Reus indeed has a release clause, Manchester United could make a January move for the 24-year-old and give back Shinji Kagawa to Dortmund. The Barclays Premier League champions are keen to strengthen their squad and have identified Reus as one of several leading targets whom they believe could address their shortage of goals from midfield. (The Independent)

Manchester City want Malaga goalkeeper Willy Caballero as a replacement for Joe Hart. Pellegrini has targeted Caballero, 32, after admitting defeat in his pursuit of Barcelona star Victor Valdes, who has agreed to join big-spending Monaco at the end of this season. Pellegrini axed England No.1 Joe Hart earlier this month following a string of high-profile blunders. (Daily Star)

West Ham United target Felipe Caicedo has reportedly given the green light to a January bid by The Hammers or any of his other admirers by indicating that he wants to leave Lokomotiv Moscow. According to Izvestia, the former Manchester City forward has fallen out of favour under new manager Leonid Kuchuk and is ready to quit Russia, either permanently or on loan. (Sports Mole)