What the papers say
A look at the stories making the back-page headlines in this morning's papers.
THE TIMES: Olympic and Paralympic sports will receive a record £347 million public investment in the run-up to the 2016 summer Games. Also: Liverpool are confident of announcing the signings of Daniel Sturridge, the Chelsea forward, and Thomas Ince, the Blackpool winger, in the first few days of the transfer window.
THE SUN: Arsenal are set to announce that five of their young stars have signed new contracts. Also: Cops will tell Leeds and Chelsea stars to behave tonight.
THE INDEPENDENT: Chelsea are preparing the way for their January transfer spending by selling striker Daniel Sturridge to Chelsea for £12m. Also: Eight days after Bradford City upset Arsenal, the Leeds United manager, Neil Warnock, hopes for another triumph of Yorkshire over London in the Capital One Cup tonight.
DAILY STAR: Daniel Sturridge will complete a £12m move to Liverpool next month to spark a spectacular Chelsea spending spree. Also: Tottenham and Newcastle are trying to hijack Liverpool's move to re-sign Thomas Ince.
DAILY MIRROR: Arsene Wenger has tied up deals to keep Arsenal's British talent - and also held peace talks with Theo Walcott. Also: Sir Alex Ferguson has admitted he sells any player who challenges his authority.
DAILY MAIL: Kevin Pietersen's successful 'reintegration' into the England team will be official acknowledged with the award of his full central contract at the end of this historic tour to India. Also: Furious Blackburn manager Henning Berg stormed out of the club's Christmas party after he was made to wear a stocking on his head and dance on stage.
THE GUARDIAN: Chelsea will sell their forward Daniel Sturridge to Liverpool at the beginning of the January transfer window. Also: Some of the sports held up as the biggest crowd-pleasers and legacy drivers at the London Olympics have had their funding cut all together ahead of the 2016 Games.
DAILY EXPRESS: Rafa Benitez said he and bitter rival Neil Warnock must behave as managers and set an example at tonight's Capital One Cup quarter-final between Leeds and Chelsea. Also: The legacy of London's Olympic and Paralympic Games was last night ridiculed by sports administrators and athletes who have been chopped from funding for Rio 2016.
DAILY TELEGRAPH: Theo Walcott has resumed contract talks with Arsenal for the first time since August. Also: South Yorkshire Police will take the unusual step of speaking with both managers ahead of tonight's Capital One Cup tie between Leeds United and Chelsea.