Liverpool have a massive amount of money to play with after agreeing a €160m deal with Barcelona for Philippe Coutinho.
It now seems the Reds have wasted little time in bringing in a replacement, with Mahrez reportedly set to sign on until 2022.
Real Madrid set to bid for Salah
Mohamed Salah's early-season success with Liverpool has led to interest from Real Madrid, OK Diario reports.
Zinedine Zidane's men have misfired offensively this season and are looking for solutions in front of goal, with the Egypt star touted as a possibility after an explosive beginning to life at Anfield.
Madrid are aware that a deal during January will be complicated but are set to return in the summer.
Man Utd activate Shaw clause
Manchester United have activated a 12-month extension clause in Luke Shaw's contract, according to the Manchester Evening News .
The England international left-back was due to see his current deal expire in the summer, but will now be tied to the Red Devils until 2019.
Reports had suggested that the 22-year-old was heading towards the exits at Old Trafford, with United eyeing Danny Rose, Ryan Sessegnon and Kieran Tierney as possible replacements, but he has played his way back into favour.
Giroud wanted by Besiktas
Besiktas have set their sights on landing Arsenal striker Olivier Giroud as a replacement for Cenk Tosun, reports beIN Sports .
The Turkish side have seen their top marksman leave for Everton and are now in the market for a proven successor.
Giroud has struggled for starts this season and is eager to find regular football ahead of a possible World Cup quest with France this summer.
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