Chelsea have Sacked Manager Frank Lampard
Arsenal have reached an agreement to sign Norway midfielder Martin Odegaard, 22, on loan from Real Madrid.
The Gunners have agreed to pay a £1.8m loan fee for Odegaard but will not have an option to buy included in the deal.
Despite Odegaard’s imminent arrival, Arsenal remain interested in signing Norwich’s Argentine midfielder Emiliano Buendia, 24.
Manchester United manager Ole Gunnar Solskjaer will allow England midfielder Jesse Lingard, 28, to leave on loan during the January transfer window but the final decision will be made by the Old Trafford club’s board.
Real Madrid could turn their attention to signing Borussia Dortmund’s 20-year-old Norway striker Erling Braut Haaland, who is wanted by Chelsea and Manchester United, after France forward Kylian Mbappe, 22, said he is “very happy” at Paris St-Germain.
Manchester City’s Spanish defender Eric Garcia, 20, and Liverpool’s Netherlands midfielder Georginio Wijnaldum, 30 – both out of contract at the end of the season – remain Barcelona’s top summer targets after manager Ronald Koeman admitted the club is in no position to sign players this month.
Burnley are interested in Nottingham Forest captain Joe Worrall, 24, but may wait until the summer to bid for the former England Under-21 defender.
West Bromwich Albion are in talks with Crystal Palace over a deal to sign Belgium striker Christian Benteke, 30.
Former Leicester City forward Ahmed Musa, 28, will train with the Baggies this week in a bid to earn a permanent contract. The Nigeria striker is a free agent after leaving Saudi Arabian side Al Nassr in October.
Crystal Palace are interested in Leicester’s Demarai Gray, 24. The former England Under-21 winger is out of contract in the summer but the Foxes are willing to sell him this month for around £1.8m.
Newcastle United are set to confirm the appointment of Graeme Jones as a coach to help manager Steve Bruce, who has endorsed the appointment.
Turkey forward Cenk Tosun’s future at Everton is in doubt after the 29-year-old was left out of the squad to face Sheffield Wednesday in the FA Cup on Sunday.
Scottish midfielder Billy Gilmour, 19, could yet leave Chelsea on loan this month despite starting in his side’s FA Cup win over Luton Town, according to manager Frank Lampard.
Real Madrid director Emilio Butragueno says 35-year-old Croatia midfielder Luka Modric will sign a new contract at the club.
Liverpool boss Jurgen Klopp has asked the club’s board not to miss the opportunity to sign Bayern Munich’s Austria defender David Alaba, 28, when he becomes available on a free transfer in the summer.
Promising 18-year-old Belgian forward Jeremy Doku, who has been linked with Liverpool, says he chose a move to French side Rennes in the summer as an “intermediate” step before joining a big club.
Liverpool look to be favourites to sign Derby County forward Kaide Gordon, 16, in a deal worth more than £1m, with Manchester United and Tottenham also interested in the English player.
Manchester United’s Netherlands midfielder Donny van de Beek, 23, is willing to remain patient at Old Trafford despite being given limited opportunity to impress since his £40m move from Ajax.
Fenerbahce have asked supporters to help raise funds following the signing of former Germany playmaker Mesut Ozil, 32, from Arsenal.
