All the latest transfer news from around the capital.

Chelsea are in talks with Atletico Madrid over a double raid for Diego Costa and Pedro.

Both Blues’ stars have been strongly linked with moves away from Stamford Bridge this month, and the La Liga giants hope to secure the pair for around £38m. [Don Balon]

Real Madrid are willing to sell attacking midfielder Isco to Arsenal, who are known admirers of the 23-year-old.

Real president Florentino Perez is happy to listen to offers for the Spain international. [El Confidencial]

Argentine forward Mauro Zarate has thanked West Ham owners David Sullivan and David Gold ahead of his £1.6m move to Fiorentina.

Zarate, who has made 21 appearances for the Hammers this season, is set to complete a move to Serie A after falling out of favour at Upton Park. [Daily Mirror]

Championship duo Reading and Fulham are competing for Crystal Palace defender Adrian Mariappa’s signature.

The 29-year-old defender has only played one league game this season and is expected to leave Selhurst Park this month. [News Shopper]

Alan Pardew has revealed that Crystal Palace are considering a move for former Arsenal striker Nicklas Bendtner.

The Eagles are desperate for attacking reinforcements following a severe goal drought and Wolfsburg player Bendtner is one of several potential targets. [Evening Standard]

Charlton boss Jose Riga has warned starlet Ademola Lookman of the dangers of sealing a move to the Premier League too early in his career.

Tottenham, Chelsea and Arsenal have been tracking the 18-year-old, who broke into the Addicks’ first-team in November. [News Shopper]

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