Wolfsburg are ready to cash in on defender Simon Kjaer.

The Denmark defender is a favourite for Chelsea, Liverpool and Manchester United.

German media sources say Liverpool had a bid turned down by Wolfsburg in the January transfer window, but the Reds and Spurs are still monitoring the £10m-rated centre-back.

It is thought that Steve McClaren's old club will use the money to try to sign Werder Bremen defender Per Mertesacker as a replacement.

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