The January transfer window is now open, with Manchester City continuing to be linked with a host of big names.

Pep Guardiola's side have endured an inconsistent first half of the season and could look to dip their toe into the transfer market again despite a relatively big-spending summer.

Here, Sports Mole rounds up the latest news on possible comings and goings at the Etihad.

Thursday morning's Manchester City transfer talk news roundup:

Manchester City 'to offer David Alaba £240,000-a-week contract'

Manchester City are reportedly preparing to offer David Alaba a £240,000-a-week contract in the hope of convincing the Austrian to move to the Etihad Stadium.

Alaba's existing deal with Bayern Munich is due to expire at the end of June, and it appears increasingly likely that he will be leaving the German giants on a free transfer.

A number of clubs, including Real Madrid, Barcelona, Liverpool, Chelsea and Manchester United, have been credited with an interest in the defender over the last few months.

However, according to AS, City are hoping that a contract offer of £240,000 a week will be enough to lure the 28-year-old to Manchester for the 2021-22 campaign.

Alaba remains a key player for Bayern despite the speculation surrounding his future, making 24 appearances in all competitions during the current season.

The defender has featured over 400 times for Der FCB in total, meanwhile, winning nine Bundesliga titles and two Champions League crowns at the Allianz Arena.

Manchester City, Manchester United 'both negotiating for Gabriel Veron'

Manchester City and Manchester United are reportedly going head to head for the signature of Palmeiras youngster Gabriel Veron.

The 18-year-old has scored 11 times and registered five assists in 36 appearances for his Brazilian club, which is believed to have captured the attention of a number of European teams.

Barcelona have been strongly linked with the attacker, but according to Sport, City and United are leading the race to sign Veron.

The report claims that the two Manchester clubs are both negotiating with the youngster's representatives in the hope of agreeing personal terms ahead of a €20m (£17.7m) move.

City and United are allegedly both prepared for Veron to finish the season with Palmeiras before moving to the Premier League during this summer's transfer window.

Campeao do Seculo are in a strong position when it comes to the teenager's future as they have him on a contract until September 2025 with a release clause of €60m (£53m).

Veron won the Golden Ball at the 2019 Under-17s World Cup as he helped Brazil lift the trophy.

More transfer news from Manchester City:

Arsenal 'to battle Barcelona for Eric Garcia'
Manchester City centre-back Eric Garcia emerges as a target for Arsenal, according to a report. Read more.

Real Madrid 'could lose Sergio Ramos, Lucas Vazquez this summer'
Real Madrid could lose both Sergio Ramos and Lucas Vazquez on free transfers this summer, according to a report. Read more.