Valdes on a free for City?

Posted by ESPN staff

Victor Valdes GettyImagesVictor Valdes has enjoyed a fine season despite his impending exit.

Victor Valdes has been linked with a shock summer move to Manchester City as Barcelona look to close in on completing a deal for Borussia Moenchengladbach goalkeeper Marc-Andre ter Stegen. The Barca shot-stopper announced he will leave Camp Nou when his contract runs out this summer, and could join Manuel Pellegrini's side with Joe Hart struggling for form this season.

Elsewhere, Arsenal scouts were told to quickly find a solution for the club’s injured frontline and they have -- Real Madrid’s Alvaro Morata the man to be the Gunners’ saviour. PSG also need to find a replacement for their injury-hit defence -- walking to Tottenham for help and Manchester City continue their attempts to sign wonderkid Kelechi Iheanacho.

Stay tuned for more rumours, speculation and done deals...

23.00 GMT: And that concludes today's transfer blog. Things are beginning to heat up, all right, so stay tuned for our latest instalment as we round-up all of the latest newspaper gossip and rumours.

22.40 GMT: Toronto F.C. is poised to make a stunning swoop for AS Roma and U.S. international midfielder Michael Bradley, multiple MLS sources confirmed to ESPNFC.com. Full story.

21.51 GMT: Sky is reporting that Fulham have not made an approach for Manchester City's Joleon Lescott.

21.16 GMT - DONE DEAL: Back to Brighton, they've announced a new signing.

20.15 GMT: The Michael Bradley to Toronto rumours are gathering pace, with ESPN's Taylor Twellman stating the club are "on the verge" of a deal.

19.42 GMT: It looks like Jermain Defoe's move from Tottenham to Toronto is even closer, with the Toronto Sun reporting the deal is set to be rubber-stamped.

19.18 GMT: And here's our full story on the emerging Alonso news.

18.47 GMT: Alonso has committed to Madrid until 2016 at least, according to Marca, AS, and a number of other reputable Spanish outlets. It is also claimed the deal is a new two-year extension, worth a reported six million euros net a year and including a possibility to extend for another 12 months.

18.19 GMT: Reports are emanating from Spain that Xabi Alonso has agreed a new contract with Real Madrid.

18.00 GMT: It seems Brighton are standing firm on Liam Bridcutt's future, amid speculation he is a target of Sunderland. A club statement read: "Further to reports in today's media, Brighton & Hove Albion can confirm that a transfer request from Liam Bridcutt was received yesterday afternoon and subsequently has been rejected by the club."

17.35 GMT: Football Italia reports that Keisuke Honda admits he has fulfilled a dream of his by moving to Milan. "My heart said Milan. That's all I can say. I always said that I would play in Serie A and wear the number 10 shirt. So I was desperate to come here and play." The Italian club seem pretty pleased by the deal judging by their high-profile presentation of the player today.
17.25 GMT: We've got news on Daniel Agger now, with Liverpool medical staff set to assess the extent of the defender's calf injury suffered in the 2-0 FA Cup win over Oldham. Brendan Rodgers will be hoping the Dane isn't out for too long, but a lengthy absence could force the Anfield boss into the transfer window to find cover for the injury-plagued centre-back.
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17.20 GMT: Sochaux right-back Sebastien Corchia is being linked with Lille, who are searching for a replacement for the injured Franck Beria.

17.12 GMT: A war of words seems to be starting over the fate of Maxime Gonalons -- Napoli president Aurelio De Laurentiis has accused Lyon president Jean-Michel Aulas of rejecting a bid that the Lyon boss himself had specified. "We proposed to Jean-Michel Aulas precisely what he requested," De Laurentiis told L'Equipe. He sent us a message asking us for 17 million euros. He wrote to me that he would have sold Gonalons, and that was his price-tag."

17.06 GMT: Ecuadorian talent Carlos Gruezo, 18, is currently on trial at VfB Stuttgart. The central midfielder plays for the Ecuadorian outfit Barcelona SC Guayaquil, and the transfer fee will be in the region of 1 million euros, according to kicker.

17.00 GMT: DONE DEAL! Watford's Connor Smith has completed a loan move to Gillingham, according to the Championship club's official website. The 20-year-old midfielder makes the switch to the League One side until the end of the season.

16.55 GMT: Sticking with all things Giallorossi-related, Julian De Martinis analyses what Roma's signing of Radja Nainggolan means for the side's bulging midfield. Who will stay -- and who will go?
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Radja Nainggolan scored to deny Inter three points in Serie A.GettyImagesRadja Nainggolan scored to deny Inter three points in Serie A.

16.46 GMT: Reports are beginning to surface that highly-rated Barcelona youngster Antonio Sanabria is on his way to Roma -- that would be a blow to Arsenal and Chelsea, who both had hopes of landing the 17-year-old forward. More on this as and when we get it.

16.41 GMT: Crystal Palace winger Jimmy Kebe is set to sign for Leeds United, according to Sky Sports sources. The 29-year-old Mali international has struggled for game time at Selhurst Park, and will undoubtedly get more opportunities with the Championship promotion hopefuls.

16.30 GMT: The Guardian reports that Arsenal could be interested in triggering Jackson Martinez's release clause at Porto, which stands at a hefty 33.2 million pounds. It would be unlike Arsene Wenger to spend so big again after having broken the club's transfer record for Mesut Ozil last summer, but the Gunners boss surprised everybody with the deal for the German playmaker, so a deal could potentially be in the works for the Porto attacker.

16.20 GMT: DONE DEAL! Inter have completed the signing of Argentine forward Ruben Botta from Livorno on a fou-and-a-half-year deal until 2018, the club announced on their official website. The 23-year-old joins the Nerazzurri following a six-month loan spell at Livorno.

16.16 GMT: DONE DEAL! Sheffield United have retained Liverpool youngster Conor Coady on loan until the end of the season, with Nigel Clough pleased to keep hold of the 20-year-old. "Conor is such a bright lad," he told the club's official website. "He has a real willingness to learn and improve and always has a smile on his face."

16.15 GMT: Roma boss Rudi Garcia believes the club will be a stronger team with new signing Radja Nainggolan -- and insists the new signing does not mean Miralem Pjanic is on his way out of the club. “What does Nainggolan offer us? We can talk about him because he's a Roma player now and I can say that we'll be a stronger team with Radja,” Football Italia reports. "Pjanic? Nothing changes for Miralem. Where could Nainggolan play? He can play in all three midfield slots. He's an all-round player."

16.08 GMT: And more from Germany, as Mario Mandzukic's agent insists Juventus have not contacted him over a possible move for the Bayern Munich striker. The Croatia international could find his place under threat when Robert Lewandowski joins in the summer, but Mandzukic's agent Ivan Cvjetkovic has told Fantagazzetta: "Juventus have not contacted me. I have not had any meetings with the Juve leaders. The fact is that Mandzukic is happy at Bayern and is only thinking about winning more trophies with the club."

16.01 GMT: Over to Germany now, where Werder Bremen midfielder Aaron Hunt has dropped fresh hints that he might leave Bremen when his contract runs out in the summer. The 27-year-old told Kreiszeitung Syke there have not been any talks with the club or any other interested parties, but he'll start negotiating with Bremen in late January or early February. The half-English former Germany international added: "I won't rule out a move within the Bundesliga. However, should I make a move, I would be very interested in moving abroad." Hunt has been linked with a Premier League switch in the past, with Southampton and Newcastle potential destinations.

15.55 GMT: While Milan have added Honda to their ranks, Sky Sport journalist Gianluca Di Marzio claims the club are trying to offload Alessandro Matri, but says the the club are finding it difficult to seek out suitors for the misfiring striker.

15.45 GMT: Over to Germany once more where the De Bruyne debate continues -- Bild has nothing new to report on the midfielder's proposed move to Wolfsburg other than the player and club have agreed terms, but Chelsea and the Bundesliga side have yet to agree on a transfer fee. A protracted settlement could be on the cards, but the deal looks likely to go through providing the clubs are not too far apart in their valuations.

15.40 GMT: Here's our full story on Norwich denying Wes Hoolahan -- or any other player for that matter -- has handed in a transfer request. READ MORE.

15.28 GMT: Reports in Gazzetta dello Sport state that Milan have already made contact with Porto midfielder Fernando. Adriano Galliani was reportedly in Brazil over Christmas to talk to the Brazilian midfielder during the winter break, and the 26-year-old could form part of the Rossoneri rebuilding process.

15.20 GMT: Dortmund are stuck toiling away in the rumour mill this month after Robert Lewandowski announced he will exit in the summer on a free transfer to Bayern Munich, and BVB general manager Hans-Joachim Watzkepledged has assured the fans that the Bundesliga club will make big signings this summer to compensate. "We must, we want to and we will invest in the summer," Watzke told Sport Bild magazine.READ MORE.

Just how do you replace a player like Lewandowski?15.12 GMT: The Mirror reports that Sunderland are closing in on signing Argentine defender Santiago Vergini from Estudiantes de La Plata -- and the defender just needs to agree a pay-off with his current club to settle the remaining six months of his contract.

15.04 GMT: John Arne Riise has told the Evening Standard he wants to stay at Fulham and is excited to work with new manager Rene Meulensteen, but says he needs to be playing regularly for the Cottagers. "I am at the age where I need to play. The Fulham board know I want to stay. Hopefully we can talk about a new deal because if Rene wants to keep me on, then I want to stay."

14.55 GMT: Wilfried Zaha released a cryptic Instagram post stating: "I'll keep a smile even through my ups and downs because after abit of rain there's always sunshine." The Manchester United winger has been linked with a host of clubs in the January window -- Crystal Palace say he will not return to Selhurst Park, but Cardiff could be a possible destination for the out-of-favour forward.14.50 GMT: Lots of news for Everton fans now -- sources have told ESPN that a there is no imminent deal in place for Spartak Moscow winger Aiden McGeady, despite the 27-year-old being linked with signing a pre-contract agreement with the Toffees. Manager Roberto Martinez has also been linked with 19-year-old left-back Andrew Robertson, having watched him play for Dundee United against Hibernian in the Scottish Premiership last Sunday, although no approach has been made at this stage. Jackie McNamara, Dundee United's manager, has told reporters that although Robertson may leave in the summer, he is determined to keep him in January. Everton have considered a move for Tom Ince, but the Blackpool midfielder currently looks more likely to join Swansea, who have held talks with him.

14.42 GMT: Milan are enduring a terrible Serie A season languishing 27 points behind Juventus after just 18 games, but they've been busy unveiling new signing Keisuke Honda today. Could the Japanese forward be the man to turn the tide for i Rossoneri?

14.34 GMT: Borussia Monchengladbach defender Roel Brouwers has expressed his desire for a new contract at the Bundesliga club, with the 32-year-old's current deal due to run out at the end of the season.

14.23 GMT: Here's our full story on Cardiff signing Magnus Wolff Eikrem from Heerenveen for an undisclosed fee.
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Magnus Wolff Eikrem GettyImagesMagnus Wolff Eikrem has already worked under Ole Gunnar Solskjaer at Manchester United and Molde.

14.18 GMT: The Express reports that Liverpool target Mohamed Salah could be set to join Zenit St Petersburg instead, with the Russian side prepared to double the Anfield club's offer for the Basel winger. The paper reports that the highly-rated attacker is also wanted by Manchester United and Tottenham, but elected to join Brendan Rodgers' side instead.

14.14 GMT: DONE DEAL! Brenford have signed 25-year-old Blackburn midfielder Alan Judge on loan for the rest of the season, according to the club's official website.

14.10 GMT: Sky Sports sources are reporting that Manchester City have no plans to sell Joleon Lescott this January, with Fulham and Aston Villa reportedly interested.

14.05 GMT: Following news we brought you yesterday that Swiss midfielder Cabral was close to joining Italian side Genoa, photos have now emerged of the midfielder in Italy. Set to complete a loan deal to the club, sources close to the club have indicated to ESPN that the 25-year-old's move will pave the way for Sunderland to sign Liam Bridcutt from Brighton. The former Chelsea midfielder handed in a transfer request to the Seagulls yesterday in what is understood to be an attempt to push through a move north.

14.00 GMT: BBC producer Simon Ellis-Jones has tweeted that Celtic may beat Manchester United to the signature of Sporting Lisbon's promising winger Carlos Mane.

13.54 GMT: DONE DEAL! Cardiff City have announced the signing of Norwegian International Magnus Wolff Eikrem from Dutch club Heerenveen. Ole Gunnar Solskjær told the club's official website: "I've known Magnus for many years, having worked with him at Manchester United and then signing him for Molde. While I was there I had to sell him as he was our best player -- and now I feel lucky to get to sign him again for Cardiff City for a reasonable price. He's a playmaker, a quarterback if you will, someone who likes to get on the ball and can see a pass."

13.50 GMT: Wes Hoolahan has been linked away from Norwich this January, but the Canaries' chief executive Dave McNally has released a statement on the club's official website stating the club's firm stance on transfers. "As we’ve always said, no players will be sold against our will. We've received no transfer requests this season and have no intention of releasing any of our senior players."

13.45 GMT: DONE DEAL! Bristol City have signed Peterborough United striker Tryone Barnett on loan until the end of the season, the club have confirmed on their official website. The forward makes a temporary move from the top to the bottom of League One as the Robins look to survive a relegation battle.

13.35 GMT: Speculation of Antonio Di Natale's future could have repercussions elsewhere -- Udinese president Giampaolo Pozzo says the forward's announcement he will retire in the summer just shows how much he cares about the club, and that he didn't really mean it. If Di Natale is intent on hanging up his boots however, Football Italia reports that Liverpool striker and current Sunderland loanee Fabio Borini could be a replacement for Di Natale.

13.27 GMT: David Moyes may be under serious pressure to recruit star names for his failing Manchester United squad in January, but he had denied the presence of Sir Alex Ferguson in the stands is any more of a burden. "I can only see Alex as a great sounding board for me, he’s there to help."
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13.20 GMT: Everton are close to announcing a pre-contract agreement with Spartak Moscow winger Aiden McGeady, according to the Liverpool Echo. Roberto Martinez tried to sign the 27-year-old while managing Wigan, but is keen to sign the Republic of Ireland player on a free deal in the summer.

13.10 GMT: Mame Biram Diouf meanwhile looks ever closer to a Hannover exit as the club are set to cash in on the striker, who will be out of contract in the summer. Club president Martin Kind said: “Diouf could leave us in the winter, if we have solved our problems and we reach an agreement with the new club."
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13.07 GMT: We have more on Angel Di Maria now -- Carlo Ancelotti says he has no problems with the winger, and stressed that Real Madrid do not intend to sell him in January despite the club's investigation into his controversial gesture. "We have lots of games and we need Di Maria," he added. "He has no problem to play -- he is playing well, is confident and looking forward to a good season. You have to believe him -- if he has upset anyone, he has already apologised."
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13.05 GMT: There may be good news for West Ham fans in the near future, as Sky Sport reporter Gianluca Di Marzio has tweeted a picture of what he says is a Hammers contingent in Milan who are looking to try and wrap up the signing of Inter striker Ishak Belfodil.

13.00 GMT: PREMIER FANTASY! While you’re following all the transfer news, why not buy your own Premier League squad by playing our new fantasy game for the second half of the season? Even if you got it all wrong in the first half of the season you can now start from scratch. Current managers are reminded to pick their new squads ahead of Saturday’s Hull v Chelsea kickoff. Click here to pick your players.

12.55 GMT: France/Newcastle news now -- the Magpies have been scouting Lyon midfielder Gueida Fofana in recent weeks, according to L'Equipe. Alan Pardew's side are said to face competition from Stuttgart, while his current Ligue 1 side want to extend the 22-year-old's contract. It seems a big decision awaits Fofana.

12.50 GMT: Here's our full story on Xavi's comments that he may not finish his career at Barcelona -- could a shock move to the Premier League or the US be on the cards for the midfield maestro?
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Getty ImagesXavi has been a key part of Barcelona's success over recent years.

12.42 GMT: More news on Pablo Perez now, whose move to Malaga is still not complete despite he and his agents being in the city since Sunday, and a medical being completed on Tuesday morning. The hold-up is reportedly down to a combination of problems --the club apparently still owe Martin Demichelis outstanding wages, there is debate over how the 950,000 euro fee will be paid to Newell's Old Boys, and Malaga need to loan out a player first. Perez himself has spoken on radio back in Argentina: "The truth is I am very excited, because for me this is the biggest. I have battled for this ever since I began in football. I really want everything to get sorted out quickly so I can meet my new teammates and begin training with them."

12.37 GMT: Goal reports that Theo Walcott is set to undergo knee surgery this week after tearing the anterior cruciate ligament in his left knee. The Gunners have been linked with Alvaro Morata today, and Arsene Wenger's dealings in January will be one of the main talking points of the window after the England winger's devastating injury.

12.32 GMT: Former Manchester City striker Felipe Caicedo would like to play for Valencia, but has not ruled out staying at Locotomiv Moscow. He told radio Huancavilca: "2014 is a special year and the most important thing is to play regularly. Valencia is a big opportunity, but I am not saying anything, not that my team will let my leave, nor that I am going to Spain. With Lokomotiv I have one more year of contract, but my desire is to leave." Valencia's new coach Juan Antonio Pizzi mentioned Caicedo's name at press conference last night, but Eduardo Vargas appears to be the club's first choice. Real Betis would be another option for Caicedo, as the Liga strugglers are desperate for a striker.

12.25 GMT: Football Italia reports that USA international Michael Bradley may be on his way out of Roma after the Italian side completed the signing of Radja Nainggolan. The 26-year-old's chances are set to be limited with i Giallorossi, and a move to Bologna or Hellas Verona could be on the cards.

12.20 GMT: Intriguing rumours from Scotland now, where the superbly-named Virgil van Dijk is attracting interest from Arsenal and Manchester City, according to the Scotsman. The Celtic defender could be worth as much as 10 million pounds after impressing for Neil Lennon's Scottish, so watch this space.

12.15 GMT: Reports in Italy suggest Juventus are interested in Manchester United winger Nani, but will have to sell one of Fabio Quagliarella, Mirko Vucinic or Sebastian Giovinco to fund the deal. Tuttosport says that the Portuguese winger is a target for the Italian giants, but his new long-term deal at Old Trafford means he could command a high fee.

12.08 GMT: Here's our full story on Steve Bruce's denial of a Hull bid for Sunderland's Steven Fletcher. The Tigers are looking for new additions to keep their fine form going, but a move for the Black Cats striker looks unlikely given Bruce's statement.READ MORE.

12.04 GMT: DONE DEAL! Crystal Palace winger Jason Banton has moved to Plymouth Argyle on a permanent deal, the club have announced on their official website. The 21-year-old starred on loan for the Pilgrims in the second half of last season, and was on loan at MK Dons for the first half of this season.

12.00 GMT: Blackpool forward Thomas Ince is in talks with Premier League side Swansea, according to Sky Sports sources. More on that as and when we get it.

11.55 GMT: There is news from the Hawthorns that West Brom are set to name Thomas Schaaf as their new manager. Albion have been on the search for a new boss since sacking Steve Clarke in December, and 52-year-old Schaaf -- who has never coached outside Bremen, where he spent almost 40 years as player, coach and manager -- is in pole position to take over at the Baggies.
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Thomas Schaaf spent nearly four decades with Werder Bremen.GettyImagesThomas Schaaf spent nearly four decades with Werder Bremen.

11.46 GMT: Time for some analysis of the problems at Manchester United from John Brewin now, who believes Sir Alex Ferguson's presence at games is hurting David Moyes' chances of rebuilding the club in his own image. The Red Devils boss is after a number of targets in January in order to keep their hopes of a top-four finish alive, and will need to act fast after a 2-1 loss to Sunderland last night made it three defeats in a row for United for the first time since 2001.
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11.37 GMT: The Mirror reports that West Brom are looking to sign Sunderland midfielder Craig Gardner for a cut-price fee in January. The 27-year-old is out of contract in the summer, and the Black Cats could be tempted to make some money while they still can if the Baggies come in with a suitable offer.

11.30 GMT: The Fulham Chronicle reports that Harry Redknapp wants to offload Julio Cesar and Ji-Sung Park, with the Brazilian earning big wages at the Championship side: "I don't know what deals the chairman did; we need to sell them really. The keeper needs to go because he's a big earner." The QPR boss also revealed there are clubs after midfielder Stephane Mbia, who is out on loan at Sevilla. "We've had some interest in Mbia. A couple of clubs from Dubai have been on about him. I don't think he's been playing regularly at Sevilla."

11.20 GMT: Hull boss Steve Bruce has told talkSPORT that the club have not lodged an 8 million-pound bid for Sunderland striker. "I woke up this morning and saw a story that we'd bid 8 million [for Steven Fletcher]. I just thought, 'where on earth have they got that from'? I haven't got a clue where it's come from."

11.10 GMT: Here's our full story on the news that Bayer Leverkusen midfielder Sidney Sam has agreed to join Schalke in the summer. Leverkusen had tried to extend Sam's contract -- which contains a two-and-a-half million euro release clause and was due to expire in 2015 -- but the Germany international has decided to move at the end of the season.
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11.01 GMT: More from Germany for you now -- new Schalke signing Jan Kirchhoff's ankle injury might see the club make a move on the transfer market, according to head coach Jens Keller: "That's bitter for us all, the surgery is also bad. We must consider if we do something on the transfer market." The manager gave no words on Jermaine Jones, who continues to be linked with a return to Eintracht Frankfurt -- despite Frankfurt chairman Heribert Bruchhagen saying that the rumours have been made up. Meanwhile, Frankfurter Rundschau reports that Frankfurt, in the background, are working on “two transfers that can help Frankfurt off the cuff” -- whether Jones is one of them remains to be seen, but a deal could suit all parties.

10.55 GMT: WAZ reports that Victor Valdes could make a move to join Manuel Pellegrini's Manchester City side in the summer. The Barcelona goalkeeper will leave Camp Nou at the end of the season after announcing his intention to see his contract out with the Spanish champions, and could be tempted by a move to the Etihad with Pellegrini looking for a reliable first-choice goalkeeper given Joe Hart's stuttering form this season. Marc-Andre ter Stegen's agent meanwhile says there is no deal agreed yet between Borussia Moenchengladbach and Barca for the 21-year-old goalkeeper. "That's not right," he said. "There is definitely no agreement and no contract. And that’s a 200 percent certain." READ MORE.

10.45 GMT: More on Nemanja Vidic's future now -- Mundo Deportivo have a story suggesting Barcelona could take Nemanja Vidic on a free transfer next summer. The Catalan giants are looking to bolster their back line and the Serbian has yet to sign a new deal at Old Trafford, with his agent suggesting nothing is decided apart from the fact that Vidic will finish the season with Manchester United.

Victor Valdes GettyImagesVictor Valdes has enjoyed a fine season despite his impending exit.

10.40 GMT: The Mirror reports that Wes Hoolahan could be on his way out of Carrow Road, with the Norwich midfielder handing in a transfer request in a bid to force through a 1.5 million-pound move to Aston Villa.

10.35 GMT: And off to the Black Cats' bitter rivals Newcastle now -- reports in France indicate a bid for Montepellier's Remy Cabella is imminent. The player himself has confirmed this will be his last season at with the Ligue 1 side, so a move looks to be on the cards if the clubs can agree a fee.

10.30 GMT: With talk of Cabral departing Sunderland, speculation continues to mount that Liam Bridcutt will be joining the Black Cats from Brighton and Hove Albion. Having yesterday placed a transfer request, Gus Poyet remained coy when asked about the situation: "Nothing to do with me. Has Ronaldo put a request in?"

10.25 GMT: Ivan Rakitic is being linked with Liverpool and Manchester United this month, but the Sevilla star denies he is looking to leave the Spanish club. "I feel happy in Sevilla and in Spain, with my wife and daughter," he told spox.com. "When you are happy, football is also easier. There is no tension around renewing my contract because there is still a year and a half left, but that the club do this [make him a new offer] is a great honour for me."
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10.15 GMT: The latest forward to be linked with Arsenal is Standard Liege attacker Michy Batshuayi, who says he doesn't think he will be playing in Belgium next season -- but the Gunners may face competition from Borussia Dortmund for the 20-year-old's signature.READ MORE.

Michy Batshuayi celebGettyImagesMichy Batshuayi currently plies his trade at Standard Liege.

10.05 GMT: DONE DEAL! And just like that, Schalke have announced the signing of Sidney Sam from Bayer Leverkusen on their official website. The midfielder will make the move this summer and has signed a deal until 2018.

10.03 GMT: Goal are reporting that Etienne Capoue could be on his way out of Tottenham, with Napoli boss Rafa Benitez keen to give the out-of-favour midfielder an escape route out of White Hart Lane.

09.58 GMT: According to WAZ, Schalke have signed Bayer Leverkusen's Sidney Sam. The 25-year-old Germany international, a candidate for Brazil, has a 2.5 million release clause in his contract, which Schalke now appear to have triggered, and will sign a contract until 2018.

09.53 GMT: And off to Italy, where Parma president Tommaso Ghirardi believes Napoli are one of many clubs currently watching Marco Parolo, according to Football Italia. “Napoli have been to watch Parolo,” he told Radio Kiss Kiss. “But so have other clubs."

09.48 GMT: Over to France now, where Sochaux president Laurent Pernet has told RMC that Cedric Bakambu -- who has struck six Ligue 1 goals this season -- could leave the club following the arrival of Jordan Ayew on loan from Marseille. The 22-year-old forward has linked with Everton and Newcastle, who are both on the lookout for more attacking strength.

09.43 GMT: The Telegraph reports that Tony Pulis wants Nikica Jelavic and Tom Ince to bolster his attacking options to try and keep Crystal Palace in the Premier League. The Everton striker will be allowed to leave for a low fee by Roberto Martinez, while Ince only has six months left on his Blackpool deal, so a cut-price deal could be made this January.

09.37 GMT: The destination of Joleon Lescott continues to be a talking point this week, as the Mirror reports that Fulham have now joined Aston Villa in the race for the Manchester City defender.

09.30 GMT: We confirmed in the early hours that Radja Nainggolan had completed his move from Cagliari to Roma, and the new Giallorossi signing has promised to give "twice as much" after becoming after taking on the number 44 shirt (having worn 4 at his previous club). Nainggolan has also written a letter to the Cagliari fans saying it was "difficult to leave Sardinia" as he felt an adopted Sardinian.

09.22 GMT: Will Manchester United sign anybody in January? Not yet, as David Moyes has denied there is a deal in place to bring Real Madrid left-back Fabio Coentrao to the club. Reports from the continent suggested that terms were agreed with the player, but after Tuesday night's 2-1 Capital One Cup semifinal first-leg loss at Sunderland, Moyes said: “No, that's not true.”
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09.15 GMT: We've got the full story on Real Madrid's investigation into Angel Di Maria's gesture for you now.
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Angel Di MariaGettyImagesAngel Di Maria has denied making an offensive gesture.

09.10 GMT:Back off to Spain now, where Barcelona star Xavi has raised doubts over finishing his career at the Primera Liga champions. The midfielder spoke to the magazine Panenka and said it's possible he could play for another club before hanging up his boots. "It is difficult to finish your career here. I do not know if I will end it at Barca. I would like to. But I do not know what will happen." The Spainiard turns 34 on Jan. 25 and has a contract until 2016, but could be tempted by a move abroad.

09.00 GMT: We brought you the news yesterday that Mario Balotelli would not be leaving Milan this January, and now we've got the full story for you.
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Mario Balotelli GettyImagesMario Balotelli

08.50 GMT: The news from Spain is that Real Madrid are briefing AS and Marca that Angel Di Maria could be sold if a club offers 30-35 million euros, as they are upset with the winger's controversial gesture against Celta on Monday, as well as his and general attitude. The club statement reads: "Real Madrid has started an investigation to clear up what happened" -- something the Argentine thinks is a good idea: "I think it is the right thing to do. Not just for them, who have started the investigation, but also for me as it means I can explain the situation and what happened, as I have also already explained to several Argentine radio stations. I think it is good as I can talk to them directly and explain what happened on the pitch.""

Di Maria also told Real Madrid TV in a specially organised interview: "I made a normal gesture when I was going off. I did not want to do anything aimed at the fans or the manager either like people were saying. It was a natural movement which all men make especially when you are running. On his future, the Argentine said: "The truth is that I am fine, apart from this subject which makes me feel bad because of all the things which have been said and keep on being said. I am very well and very happy. I am training in the same way and the manager still trusts in me." Monaco are rumoured to be interested in Di Maria if he situation at Madrid remains unresolved.

08.19 GMT: Werder Bremen midfielder Aaron Hunt, 27, has dropped fresh hints that he might leave Bremen when his contract runs out in the summer. Hunt told Kreiszeitung Syke there have not been any talks with any party yet, but he'll start negotiating with Bremen in late January/early February. Hunt said: "I won’t rule out a move within Bundesliga. However, should I make a move, I would be very interested in moving abroad." Hunt has been linked with a Premier League switch in the past, with Southampton and Newcastle mentioned as possible destinations.

08.01 GMT: Hopping over to Germany, where Bild says Kevin De Bruyne and Wolfsburg have agreed terms over a move from Chelsea, but the two clubs have yet to agree on a transfer fee.

07.46 GMT: Sochaux president Laurent Pernet has told RMC that Cedric Bakambu, who has struck six league goals this season, could leave the club following the arrival of Jordan Ayew on loan from Marseille. The 22-year-old forward is linked with Everton and Newcastle.

07.21 GMT: Over to France and Bordeaux president Jean-Louis Triaud has revealed the club rejected an offer from Rubin Kazan for Cheick Diabate, and also stated that he is waiting for an offer from "an English club". He also told Gold FM he did "not want to deprive ourselves of the player during the season".

07.03 GMT: Like clockwork it's time for our early morning European round-up, starting in Italy where AC Milan general manager Adriano Galliani has said that Mario Balotelli will 101 percent be staying with the Rossoneri until the end of the season.

GMT 06.30: DONE DEAL! Adelaide United has beaten Newcastle Jets to the signature of Ryan Griffiths the South Australian club has confirmed. Griffiths was thought to be deciding between the two A-League clubs but in the end, choose to move south and join first-season coach Josep Gombau.

"I would have preferred to stay in Newcastle. I have always tried my hardest for the club and it felt like home but I didn't really want to be second choice," Griffiths said in the Newcastle Herald.

"Adelaide came in with a good offer out of left field. It wasn't my intention to go to another A-League club and I hope the Jets fans forgive me.

"But Adelaide were really keen and made a big effort to get me on board. It was nice to be really wanted."

GMT 06.15: Serbian midfielder Milos Dimitrijevic is rumoured to be the candidate to fill the hole left by Yairo Yau in Sydney FC’s roster.

GMT 05.20: DONE DEAL! MLS side LA Galaxy has signed Brazilian forward Samuel on loan from Fluminense. The 22-year-old has struck 15 goals in 72 appearances for the Rio de Janeiro giant.

“We are pleased to add Samuel to our roster,” said LA Galaxy Head Coach and General Manager Bruce Arena on the club’s official website. “Samuel is a young, talented forward with both size and skill. We are confident his addition will help boost our attack in 2014.”

GMT 04.30: Erik Lamela’s father has revealed that his son is unhappy at Tottenham and “wants to go back to Italy”. READ MORE.

GMT 04.00: Japanese great Shinji Ono could be on his way back to his homeland with the Daily Telegraph reporting that rumours are swirling that the Western Sydney Wanderer could be heading to Consadole Sapporo.

The former Japan international has been a massive hit in the A-League but Japan media is reporting that the 34-year-old has already agreed to a return to the J-2 club from June.

Here’s a look at some of his best moments from last season.

GMT 02.00: DONE DEAL! Serie A high flyers Roma have announced the capture of Belgium international Radja Nainggolan from Cagliari. READ MORE.

For a look at the impact of Nainggolan's arrival on Roma's midfield, read ESPN FC's dedicated Roma blogger Julian De Martinis' recent post.

Arsenal manager Arsene Wenger has told his scouts to find the best short-term transfers and they have quickly returned their answer -- Real Madrid’s Alvaro Morata. The Gunners were a dealt a major blow when Theo Walcott was ruled out for the remainder of the season with anterior cruciate ligament damage, leaving Wenger critically short of attacking options. And according to the Guardian, Wenger had his scouts find a quick solution and now the Mirror is reporting that Wenger has made a play for the 21-year-old Morata. However, if that deal can’t be secured, the Daily Mail is reporting Wenger will look to Porto striker Jackson Martinez.

In other injury replacement news, Paris Saint-Germain are considering making a bid for Tottenham defender Kyle Walker. The reigning French champions recently lost right-back Christophe Jallet to a back injury and see England international Walker as the perfect replacement. But according to the Daily Mail, Tottenham will not consider selling the defender unless cashed-upPSG make a massive offer.

Finally, Manchester City are continuing their pursuit of Nigerian wonderkid Kelechi Iheanacho with the Mirror claiming City are close to sealing a work permit for the 17-year-old. Iheanacho has been on City’s radar since shining as Nigeria won the FIFA Under-17 finals last year, but securing the teenager has not been without its bumps. But there seems to be light at the end of the tunnel with the striker now in Spain before moving to Eastlands once the paperwork is completed.

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