The top stories from papers and websites - 19 December 2012

• Arsenal are set to announce that five of their young stars have signed new contracts - but Theo Walcott is not yet among them.


• Sir Alex Ferguson met Pep Guardiola in New York this week with the former Barcelona boss still undecided over his future.


• Kenwyne Jones fears he could be on his way out of Stoke this summer.


• QPR chief Tony Fernandes says he might not have axed Mark Hughes were it not for Harry Redknapp's availability.


• Manchester City boss Roberto Mancini faces spending cuts after the 20 Premier League clubs agreed to financial curbs.


• Daniel Sturridge will opt for Liverpool over Tottenham when he quits Chelsea next month.


• Gary Hooper is eyeing a Premier League move after talks over a new Celtic deal stalled.


• It would now cost Chelsea or Manchester City £312million to buy Lionel Messi.


• West Ham and Stoke are keen on St Etienne star Faouzi Ghoulam.


• Fulham boss Martin Jol is eyeing up a move for Nottingham Forest's Lewis McGugan.

• Arsene Wenger has tied up deals to keep Arsenal's British talent and also held peace talks with Theo Walcott.


• Manchester City target Stevan Jovetic says there is only a 50 per cent chance he will stay with Fiorentina.


• Manchester rivals City and United are in a battle to sign Shakhtar Donetsk star Fernandinho.


• AC Milan have joined Juventus in pursuing Didier Drogba.


• Everton boss David Moyes has challenged Phil Jagielka to help filll the goalscoring hole left by Marouane Fellaini's ban.


• Jimmy Kebe has slammed Reading's summer business and told the board: Dig deep in January or we're doomed.

• Daniel Sturridge will complete his £12million move to Liverpool next month to spark a spectacular Chelsea spending spree. The Blues are eyeing up at least £100million worth of talent including Joao Moutinho, Falcao and Marouane Fellaini.


• Tottenham and Newcastle are trying to hijack Liverpool's move for Tom Ince.


• Thomas Vermaelen has begged Theo Walcott to stay at Arsenal.


• Jimmy Kebe reckons Reading can say goodbye to the Premier League if they don't buy big in January.


• Loic Remy has opened the door for a January move to Newcastle.


• Fulham boss Martin Jol is weighing up a surprise January move for Nottingham Forest's Lewis McGugan.


• QPR chairman Tony Fernandes admits the fear of missing out on Harry Redknapp forced him to sack Mark Hughes.


• Sunderland boss Martin O'Neill wants urgent talks with Spurs to sort out Danny Rose's future.

• Furious Blackburn manager Henning Berg stormed out of the club's Christmas party after he was made to wear a stocking on his head and dance on stage.


• Monaco coach Claudio Ranieri has confirmed his desire to bring David Beckham to the ambitious Ligue 2 club.


• Marseille striker Loic Remy has confirmed he would be interested in joining Newcastle.


• Stoke are showing interest in Bolton winger Lee Chung-yong.

• Rafa Benitez says he and bitter rival Neil Warnock must behave and set an example at tonight's League Cup quarter-final between Leeds and Chelsea.

• Chelsea boss Rafa Benitez won't guarantee Frank Lampard a Chelsea parking place even until the end of the season.

• Arsenal have begun formal moves to sign Schalke striker Klaas-Jan Huntelaar next month.