Thursday’s transfer rumours – Isco interest and a swift return for Ashley Cole

The midfielders are making the rounds in this morning's transfer gossip columns.

One of the most sought-after players in world football is Real Madrid ace Isco and a host of Premier League clubs are reported to be interested in a move for the young midfielder. According to The Daily Express, Arsenal, Liverpool and Manchester United are keen on the talented 22-year-old but Manchester City would be the most likely destination for the player, if he were to move. City manager Manuel Pellegrini knows Isco, who moved to Real Madrid just last year for €31million, from their time together at Malaga. If you're one of the two people who miss Ashley Cole in the Premier League, you're in luck as The Daily Mail reports that Neil Warnock is interested in signing the former Chelsea left-back. The Eagles boss has said of Cole: "Absolutely, I’d have him tomorrow if I could. I don't think it will happen - but I would have him, I think he is super." The 33-year-old had a loan spell at Selhurst Park in 1999 so the Palace fans are familiar with the former England international. But don't get too excited because the agent of the Roma player told The Daily Express that: "Ashley is concentrating on trying to win trophies in Italy and, in particular, Serie A this season. Nothing else." According to The Mirror, Ronald Koeman is looking to bring Galatasaray midfielder Wesley Sneijder to St Mary's in January. Southampton are struggling for form of late and are currently on a run of five consecutive defeats so Koeman is expected to buy when the transfer window opens. The former Real Madrid and Inter Milan playmaker earns around €60,000 a week in Turkey and, according to reports, Galatasaray are looking to lower their wage bill. The Saints boss is more than a little familiar with the Netherlands international from their time together at Ajax, plus the pair share an agent so a Southampton switch would be far from surprising. The Telegraph reports that there has been little to no progress made on a new contract for James Milner at Manchester City. The midfielder has started just one of City's last six games and is unwilling to continue his career as a bit-part player which leaves the door open for potential suitors. One such club who are monitoring the dialogue between Milner and Man City is Inter Milan where Milner's former boss and perpetual admirer, Roberto Mancini, is now managing. Financial disagreement seems to be far less of a stalling point than playing time for the player which is always an admirable trait for a footballer. We applaud you Mr Milner.