LIVE BLOG
17.29 GMT: West Ham are hoping to sign wantaway defender Jose Fonte from Southampton, The Sun claims. Fonte has submitted a transfer request to Southampton and the Hammers are hoping to capitalise on the situation by mounting a £4 million bid for the Portugal international.
17.17 GMT: DONE DEAL Chelsea have loaned out youngsters Fankaty Dabo, Charlie Colkett and Islam Feruz to League One side Swindon Town for the rest of the season...
17.10 GMT: Denmark international Simon Kjaer was reported to have been the subject of a £16 million bid from Chelsea, leading his club Fenerbahce to publicly dismiss the speculation. "Fenerbahce have not received any offers whatsoever for Kjaer and any claims suggesting a transfer could take place are wrong," a club statement read.
16.58 GMT: Sources have confirmed to ESPN FC that Swansea City are closing in on the signing of Norwich City defender Martin Olsson, with the Premier League club having agreed a fee in principle of £5 million for the Norway international with talks at an advanced stage.
16.37 GMT: DONE DEAL Inter Milan have signed Roberto Gagliardini from Atalanta on loan until 2018, with an obligation to make the move permanent...
16.24 GMT: Not a transfer story as such, but former Chelsea and Real Madrid midfielder Claude Makelele has joined Swansea City's coaching staff until the end of the season, where he reunites with head coach Paul Clement, who he worked with during his playing days at the Blues and while coach with Paris Saint-Germain.
16.18 GMT: A DONE DEAL concerning a former Manchester United player... Chris Eagles, who made a handful of appearances for United between 2003 and 2008, has joined Port Vale on a free transfer.
16.11 GMT: News of a DONE DEAL in the Championship where Birmingham City have re-signed former Blue Craig Gardner from West Bromwich Albion... Gardner has rejoined his old club on loan until the end of the season and will then join permanently on a three-year-contract, with a further year's option, for an undisclosed transfer fee.
17.17 GMT: DONE DEAL Chelsea have loaned out youngsters Fankaty Dabo, Charlie Colkett and Islam Feruz to League One side Swindon Town for the rest of the season...
17.10 GMT: Denmark international Simon Kjaer was reported to have been the subject of a £16 million bid from Chelsea, leading his club Fenerbahce to publicly dismiss the speculation. "Fenerbahce have not received any offers whatsoever for Kjaer and any claims suggesting a transfer could take place are wrong," a club statement read.
16.58 GMT: Sources have confirmed to ESPN FC that Swansea City are closing in on the signing of Norwich City defender Martin Olsson, with the Premier League club having agreed a fee in principle of £5 million for the Norway international with talks at an advanced stage.
16.37 GMT: DONE DEAL Inter Milan have signed Roberto Gagliardini from Atalanta on loan until 2018, with an obligation to make the move permanent...
16.24 GMT: Not a transfer story as such, but former Chelsea and Real Madrid midfielder Claude Makelele has joined Swansea City's coaching staff until the end of the season, where he reunites with head coach Paul Clement, who he worked with during his playing days at the Blues and while coach with Paris Saint-Germain.
We are delighted to announce the double signing of Chris Eagles on a free transfer and Callum Guy on loan until the end of the season #PVFC
#WelcomeHome Craig!
We're delighted to announce that Craig Gardner has re-joined the Club on loan from @WBA #BCFC
15.59 GMT: Everton are on the verge of spending £22 million on Manchester United's Morgan Schneiderlin and, according to France Football, they are also set to splash out another £10.5m to bring in Standard Liege attacker Ishak Belfodli.
15.44 GMT: Morgan Schneiderlin's proposed move from Manchester United to Everton could help to kick-start the January spending across the Premier League, ESPN FC's senior football writer Mark Ogden writes.
15.17 GMT: Clubs hoping to sign Andrea Belotti from Torino will have to match the striker's €100 million release clause, his agent has told Goal. "Many clubs are interested [but] €65m is not enough. His clause is €100m," Sergio Lancini said.
14.56 GMT: Talking of John Terry, Sky Sports reports that the defender will stay with Chelsea and reject interest from Bournemouth...
BREAKING: Sky Sources: John Terry to remain at @ChelseaFC despite interest from @afcbournemouth. More here: skysports.tv/tdmV44 #SSNHQ
14.27 GMT: Is Jorge Mendes using the Chinese Super League to his advantage? Recent rumours linking Real Madrid's Cristiano Ronaldo with a move to the Far East would suggest he is, writes Dermot Corrigan.
14.13 GMT: With Barcelona still working on a new deal for Lionel Messi, club CEO Oscar Grau has called for patience from fans, saying: "We're working hard to renew Messi. We're keen to get it done and I am sure we will find the formula. By saying this I want to reassure supporters."
13.48 GMT: Arsene Wenger has had this to say on new Arsenal signing Cohen Bramall...
"He will start with the under-23s," Wenger told the club's official website. "First [he has] to show at youth level that he can quickly make the first team. [He has] to prepare, to challenge the first-team players as quickly as he can. That could be in a very short period of time."
13.33 GMT: We've heard that Real Madrid apparently rejected a mammoth bid from China for Cristiano Ronaldo ... Well, according to AS, Ronaldo's teammate James Rodriguez knocked back a mega offer from Chinese Super League side Hebei China Fortune two weeks ago.
13.28 GMT: Swansea are closing in on a deal to sign PSV Eindhoven's Luciano Narsingh, according to the South Wales Evening Post, while the Daily Telegraph reports that Norwich defender Martin Olsson could also be heading to the Liberty Stadium...
13.10 GMT: Bad news for Manchester United fans as Jose Mourinho has indicated that the club are unlikely to bring in defender Victor Lindelof or any other player in January. "I think that in this winter market we will only sell and not buy -- it is my feeling," Mourinho said.
12.49 GMT: Minnesota United are in pursuit of Finland international and BK Hacken midfielder Rasmus Schuller, multiple sources have confirmed to ESPN FC.
12.26 GMT: Bournemouth have reportedly made a shock enquiry about taking John Terry on loan until the end of the season. ESPN FC's Chelsea correspondent Liam Twomey takes a look at the pros and cons of a temporary switch to the south coast for the Blues captain ...
12.15 GMT: Morgan Schneiderlin's move to Everton is edging closer. Sky Sports report the Manchester United midfielder is having a medical.
BREAKING: Sky sources: @SchneiderlinMo4 having medical at @Everton ahead of move from @ManUtd. More here: skysports.tv/tdmV44 #SSNHQ
12.07 GMT: There's a DONE DEAL to report featuring Manchester City. Don't get your hopes up about it being a big signing though.
It's news that Manu Garcia has joined NAC Breda of the Eerste Divisie on loan until the end of the season.
Welkom bij NAC, @Manugarcia_98! #NACpraat
11.59 GMT: Christian Benteke will not move to the Chinese Super League this month, according to Sky Sports, but the striker could leave Crystal Palace this month.
The Belgium international only joined Palace in August on a four-year contract but reports suggest new Eagles manager Sam Allardyce could be prepared to part ways already.
11.47 GMT: Reports are doing the rounds that Neven Subotic could be on the move to the Premier League in the January transfer window, with Liverpool cited as one possible destination for the Borussia Dortmund defender.
However, ESPN FC's man in Germany, Stephan Uersfeld, says a move is unlikely with Subotic currently injured and not set to return to training until the last week of January.
11.29 GMT: Further to the news reported by Antalyaspor that Sandro has joined them on a free transfer, agreeing a three-and-a-half year deal, QPR have claimed the move has not happened yet... 
Antalyasporumuza Hoş Geldin Sandro Ranieri! #BizAntalyasporuz
11.02 GMT: West Ham United and Hull City are interested in Southampton defender Cuco Martina, sources close to the player say.
The Curacao international's future at Southampton has been the subject of speculation for some time with the defender almost joining Everton in the summer, only for an injury to Jeremy Pied to halt the deal.
The 27-year-old has made 16 appearances in all competitions for Southampton so far this season, but just six of them have been starts in the Premier League, with Portugal international Cedric Soares their first-choice right-back.
10.41 GMT: The Times reports that Arsenal could send Per Mertesacker out on loan in an effort for the German to prove his fitness and earn a new contract with the club.
The 32-year-old is yet to make an appearance this season because of injury and has competition for his place from Laurent Koscielny, Shkodran Mustafi, Gabriel and Rob Holding.
10.28 GMT: Everton are not only looking to sign Morgan Schneiderlin this month. The Toffees, who are seventh in the Premier League table, have also been linked with 24-year-old Standard Liege striker Ishak Belfodil.
But at the moment Belfodil is still in Spain with Standard taking part in their winter training camp. Watch this space...
Ishak Belfodil is still training with Standard on their winter training camp in Spain, according to my colleague @stijnjorisfh. #EFC
Belfodil has eight goals in 19 appearances this season.
10.11 GMT: West Bromwich Albion have agreed a deal to loan Craig Gardner to Birmingham City, sources close to the Premier League club say.
Gardner is due to undergo a medical at Birmingham on Wednesday after Pulis gave him the green light to leave The Hawthorns.
09.58 GMT: Lyon president Jean-Michel Aulas has said he hopes to "pull off a big surprise" amid speculation the Ligue 1 club are working on a deal to sign Manchester United winger Adnan Januzaj.
However, L'Equipe reports Lyon are not planning a move for Netherlands international Memphis Depay as he is deemed to be out of their price range.
09.44 GMT: Thomas Muller has wished Holger Badstuber good luck during his loan spell from Bayern Munich to Schalke.
The Royal Blues travel to Bayern in the Bundesliga on Feb. 4, so Badstuber will have the opportunity to make an impression against his parent club.
All the best for my friend @Badstuber. Good luck at @s04. We will see us soon in Munich! #esmuellert
09.33 GMT: Jonathan Tah has told Sport Bild he is happy at Bayer Leverkusen and has no plans to leave the Bundesliga club despite links with Liverpool.
Germany international Tah, 20, has been linked with a switch to Liverpool as Jurgen Klopp looks to bolster his defence.
"I am very happy at Bayer Leverkusen," the central defender said. "I don't want to leave."
09.18 GMT: Cologne coach Peter Stoger has dismissed reported interest in Germany international Jonas Hector from Chelsea this January.
"I am not losing any sleep," Stoger told reporters, and sporting director Jorg Schmadtke added that Hector will not leave the club.
"And we want Chelsea's Kurt Zouma, a great centre-back. But sadly, we won't get him," Schmadtke added in Express.
08.56 GMT: Manchester United have agreed to sell Morgan Schneiderlin to Everton for £22 million.
Mourinho confirmed to Sky Sports after the 2-0 win over Hull in the EFL Cup: "I can't give details but before the match, I was told by Mr. [Ed] Woodward that the situation is close. Morgan is more than probably going to Everton."
The Portuguese then added in his news conference: "I'm sad and I'm happy. I'm sad because I like him. I am happy because this is what he wants. He wants to play and be an important player in a team. He is a very good professional."
08.40 GMT: AC Milan have been lauded for their exciting youth with Gianluigi Donnarumma, Alessio Romagnoli and M'Baye Niang all starring in their rise under Vincenzo Montella.
08.40 GMT: AC Milan have been lauded for their exciting youth with Gianluigi Donnarumma, Alessio Romagnoli and M'Baye Niang all starring in their rise under Vincenzo Montella.
But the Rossoneri have added some experience too, in the shape of 40-year-old Marco Storari, who rejions on loannfrom Cagliari.
He previously spent two brief spells -- making just 13 appearances -- at Milan before moving to Juventus in 2010 to back up Gianluigi Buffon. He left for Cagliari in 2015.
09:18 GMT: Bournemouth make surprise move for john terry. Having made a loan move for Jack Wilshere last summer, Eddie Howe is hoping to now lure the former England captain in a similar deal, says the reports.
09:18 GMT: Bournemouth make surprise move for john terry. Having made a loan move for Jack Wilshere last summer, Eddie Howe is hoping to now lure the former England captain in a similar deal, says the reports.
It remains to be seen what motivation would be there for Terry, who has already said he never wants to play in a Premier League side other than Chelsea, but there would be the chance of regular games to finish an incredible career.
08.24 GMT: still on West Ham, Fiorentina, Genoa and AC Milan were among the sides looking to bring Simone Zaza back to Serie A.
08.24 GMT: still on West Ham, Fiorentina, Genoa and AC Milan were among the sides looking to bring Simone Zaza back to Serie A.
The London Evening Standard now say Fiorentina may be leading the chase for the Italy international striker because their own man Nikola Kalinic is close to moving to Chinese Super League side Tianjin Quanjian in a £42m deal.
08.03 GMT: Good morning and welcome to Wednesday's Transfer Talk live blog. We'll begin with West Ham United's seemingly never-ending search for a new striker.
08.03 GMT: Good morning and welcome to Wednesday's Transfer Talk live blog. We'll begin with West Ham United's seemingly never-ending search for a new striker.
After being linked with Jermain Defoe, Michy Batshuayi and plenty of others, it looked like Scott Hogan could be the man to bolster the Hammers' frontline.
But the Daily Mail reports Brentford have rejected a £12.5m bid and are holding out for £15m for a player who has scored 14 goals in 25 appearances this season.
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