Here are the top transfer-related stories in Friday's newspapers...
Real Madrid are said to have described Arsenal's £40million offer for Karim Benzema as ‘embarrassing’. The Gunners are keen on bringing the French striker to the Emirates - potentially during the January transfer window as a replacement for Alexis Sanchez. (The Sun)
Manchester United midfielder Marouane Fellani could be heading to Paris Saint-Germain in a free transfer next summer. The French giants have reportedly opened discussions with the 30-year-old, who is out of contract in the summer. (Le10Sport)
Schalke midfielder Leon Goretzka is a key target for Arsenal this January, but is set to sign for Barcelona instead, according to reports.