Coentrao the Cole digger

Posted by ESPN staff

Fabio CoentraoPA PhotosFabio Coentrao is likely to leave Real Madrid on loan in January.

Ashley Cole could be dug out of the Chelsea ranks by Fabio Coentrao, with Jose Mourinho moving closer to securing a loan deal for the Real Madrid left back, the Daily Mail reports. Cole's future has been placed in doubt this season as he continues to struggle with a rib injury, making Cesar Azpilicueta first choice. But if a January move for Coentrao -- which would likely include an option to make the contract permanent next season -- is completed, Cole could find himself looking for a new club ahead of the 2014 World Cup.

Liverpool's links with Barcelona defender Martin Montoya have intensified, with both the Daily Mail and the Mirror reporting Reds Managing Director, Ian Ayre, travelled to Spain for meetings on Thursday. The 22-year-old has been touted as a temporary replacement for the injured Jose Enrique, who is expected to return to full training in February. Montoya would be an ideal solution for Liverpool as his contract with the Catalan giants runs out next summer, making it likely he would be keen to move to Anfield on a permanent basis. Although Brendan Rodgers currently has a host of defenders at his disposal, he is apparently eager to sign another right back as insurance.

It seems to be Chelsea and Liverpool's day of transfer goss, with the Blues joining Rodgers' side and Manchester United in the hunt for Sevilla midfielder Ivan Rakitic, the Mirror reports. Although the Croatia international is tied to the Spanish club until 2015, it is believed he is keen to move to the Premier League. Sevilla will attempt to sign an extension of Rakitic's contracts given the sales of Alvaro Negredo and Jesus Navas in the summer, but the exit of the Manchester City duo has left him questioning his future.

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