With Robbie Keane set for the exit door and Roman Pavlyuchenko highly linked with Sunderland, manager Harry Redknapp is keen to boost his striking options for the remainder of the domestic and European season.
The club have turned their attentions to former Manchester United striker Giuseppe Rossi.
According to imscouting.com, the Italian is currently contracted to Villarreal but it seems Redknapp is ready to bid for the 23-year-old, with the Spanish side reportedly wanting £20m for the hit man, who has scored 9 goals in 18 appearances so far this season.
Rossi left Manchester United for La Liga in 2007 after a difficult time at Old Trafford.
Townsend makes loan switch.
Highly rated winger Andros Townsend has made the move across London to Championship side Watford as Malky Mackay looks to add to his squad an improve upon his side’s good form.
Townsend made his debut for Tottenham this month in their 3-0 home win against Charlton Athletic in the FA Cup, in which the U-19 England midfielder scored.
But, Harry Redknapp believes another stint on loan would benefit his young prodigy as he looks for more first-team football.
Townsend has had previous loan spells with MK Dons, Yeovil and Leyton Orient, and givemefootball.com writes that his loan spell at Vicarage Road will be until the end of the season.
Clubs battle for Olympic stadium.
Both Tottenham Hotspur and West Ham United will present their formal bids today to use as their home grounds in the future.
West Ham are eager to keep the athletics track with the intention to use the stadium as a multi-sports event, however their London rivals Spurs have plans to completely demolish the £500m stadium and build a brand new ground more suited to football.
The bid from Tottenham is seen as more financially sustainable and according to Sky News the Olympic Park Legacy Company is expected to reach a decision by January 28.