Moreover, with reports indicating that, Sir Alex Ferguson is keen to revamp his Manchester United squad during January, the Red Devils could be unusually fairly busy this time around.

Thus, what follows is an IBTimes report on the latest Manchester United transfer rumours.

Mesut Oezil

In a shocking and frankly, unrealistic transfer report, Manchester United are eyeing a shock bid for Real Madrid playmaker Mesut Oezil.

Having scored a brace for Real Madrid against Real Valladolid last Saturday, Oezil has apparently had a fall-out with the club and is looking for a move away from the Spanish capital.

Via TribalFootball:

“Manchester United are keeping tabs on Mesut Ozil's situation at Real Madrid.

The Daily Express says Ozil has been admired by Sir Alex Ferguson, who is looking for a creative spark to succeed midfield maestro Paul Scholes when he retires. United appear to be frontrunners for the Germany international, who has fallen out of favour at the Bernabeu.”

Although the stated report could be true, it is heavily unlikely that Madrid will let go of their prized midfield asset just because of an apparent bust-up. Moreover, even if the situation does worsen over time and Oezil does in-fact decides to leave the club, the chances of United meeting their Spanish counterparts’ asking price for the player look remote.

Theo Walcott

If the Telegraph is to be believed, Manchester United have joined to race for the signature of Arsenal contract rebel, Theo Walcott.

Embroiled in a wage-war with the North London club for almost six months now, reports indicate that Walcott is likely to leave the Gunners during the January window.

As Per the Telegraph:

“Walcott has refused the offer of a new £75,000-a-week, five-year deal at Arsenal and, with talks having collapsed at the end of August, there has been no further progress on a new deal.

Chelsea have previously made several enquiries for Walcott and, while Liverpool and Manchester City retain their interest from last summer, Sir Alex Ferguson has now also identified the 23-year-old England winger as a serious potential target.

Ferguson knows that Walcott’s pace and ability to play both out wide and through the middle would provide a new attacking option to his team.”

As impressive as his stats might be, Walcott is a highly inconsistent player whose impact at Old Trafford could be thus, hugely limited. Although his raw pace is bound to trouble the oppositions’ wingers, Walcott lacks the overall gameplay sense required to flourish at a club like United and it is in-fact of gamble of long odds to suggest that Sir Alex will like to replace the outgoing Luis Nani with an equally unreliable player like Walcott.

Robert Lewandowski

According to the Mirror, Serie A giants Inter Milan are set to rival United for the signature of Borussia Dortmund striker, Robert Lewandowski.

Via Mirror:

“Inter Milan have entered the chase for Manchester United target Robert Lewandowski, according to reports from Italy.

United have been repeatedly linked with the prolific Borussia Dortmund front man, having already signed Shinji Kagawa from the Bundesliga club.

The 24-year-old has previously hinted that he would prefer a move to Old Trafford.

With already four strikers in the team, it could be wise of Untied to perhaps let Inter have their Dortmund transfer target.

The league leaders’ defence still requires a large chunk of investment and the Old Trafford faithful would be rather interested in Lewandowski’s German teammate, the mercurial Mats Hummels.