A full round-up of the Hearts/Hibs news making the headlines this morning, as well as stories from the rest of Scotland and beyond.
King signs for Swansea
Hearts have accepted a £200,000 Swansea bid for youngster Adam King, after the 18-year-old midfielder impressed boss Michael Laudrup.
The player will be loaned back to Hearts until the end of the season. (Click here for the full Edinburgh Evening News story)
Butcher frustration at deal targets
Terry Butcher has been cursing his luck after seeing Hibs’ signing targets get pulled away at the last minute.
He says some deals were cancelled after the players found scoring form, while some agreements fell through when the managers in question were sacked. (Various)
Hearts may be allowed to sign new players after all, if they can prove to the SPFL that there are exceptional circumstances.
Chief Executive Neil Doncaster says that under the rules a club can apply to sign players on an individual basis. (Daily Express)
Dean Sheils could return to Easter Road, but only if Rangers pay him £200,000 before he leaves.
The Northern Ireland star believes that Rangers owe him the sum for ending the four-year contract early. (Daily Mail)
Locke stands firm
Gary Locke says he has never thought of quitting Hearts, despite the fact that his contract is up at the end of the season.
However, he refused to be drawn on whether he would take a backroom role in the event of a regime change at Tynecastle. (Daily Mail)
Butcher backs Hearts bid
Hibs boss Terry Butcher has backed a bid for Hearts to have their transfer embargo lifted.
The Easter Road manager says he would support the move if it helped his rivals. (Daily Record)
Skacel in Alloa bid
Rudi Skacel is coming back to Scotland, but this time he looks set to sign for Alloa.
The Hearts hero is reported to be signing a short term deal with old pal Paul Hartley. (Sun)
• Manager David Moyes will be praying Manchester United do not enter the uncharted territory of four successive defeats when Swansea return to Old Trafford.
• Manchester City boss Manuel Pellegrini believes in-form striker Alvaro Negredo has proved a perfect addition to the squad.
• The Premier League wakes up with a second Spanish boss on Friday morning after West Brom appointed Pepe Mel as their new head coach.
• Chelsea face Hull on Saturday with speculation Jose Mourinho is planning to be active in the transfer market despite the manager’s protestations to the contrary.
• Manager Arsene Wenger concedes Arsenal have lost a “complete player” in Theo Walcott, but admits it will be “very difficult” to bring in new signings during the notoriously tough January transfer market.
• Club-record signing Dani Osvaldo will not be leaving Southampton any time soon, insists manager Mauricio Pochettino.
• West Ham manager Sam Allardyce takes his shell-shocked side to fellow-strugglers Cardiff on Saturday knowing the toughest challenge is yet to come.
• Michael Keane will face former club Leicester on Friday hoping his play-off heartache with them can help him propel Derby to the Premier League.