THE January window is hotting up and moves are happening around the UK and Europe.
Despite the coronavirus crisis, clubs are still managing to drop big money on signings - and we've the very latest from the Premier League and abroad.
Stay up to date with the latest transfer news here...
Leicester winger Damarai Gray has reportedly agreed a deal to join Bayer Leverkusen.
The Foxes are looking to cash in on the England youth international having entered the last six months of his contract.
According to Sky Sport, the former Birmingham man has agreed personal terms with the Bundesliga side.
Gray, 24, has featured in just one Premier League game this season.
EXCLUSIVE - Man Utd are eyeing up a move for Hoffenheim midfielder Christoph Baumgartner.
The 21-year-old has been hailed as one of Austria’s biggest talents for years – and is already turning heads in the Bundesliga.
SunSport understands that United have been tracking Baumgartner closely with a view to bringing him to Old Trafford to bolster their attacking options.
A bid in the summer is most likely, but with the player’s contract running out in 2023, his current price tag of £16m is only going to increase.
And with Hoffenheim’s history of getting good value for money – such as £29m for Roberto Firmino and £40m for Joelinton – Old Trafford chiefs will be expecting tough negotiations.
Several other Premier League sides are also interested, but United are leading the way for the player that has been dubbed the new Michael Ballack.
BILLS TO PAY
Barcelona are on the verge of bankruptcy after racking up debts close to £1billion, according to reports.
Their financial crisis has been laid bare which has taken a massive dent following the impact of the coronavirus.
At the end of last season, accounts showed the club had lost a whopping £88m with Barca forced to play in an empty Nou Camp.
Despite players being forced to slash their wages by 70 per cent during the pandemic, the club also disclosed debts of £443m.
And a report in La Vanguardia added that figure doesn't include a 'runaway' deficit that totals around £360m taking the total to just over £800m (€900m).
The report adds that Barcelona will need to pay back around £375m this year or risk going into insolvency.
Barca also owe a staggering £173m to clubs over player transfers in the long-term - taking the total just shy of an eye-watering £1bn.
Ole Gunnar Solskjaer has revealed some fringe players could depart Man Utd this month in search of game time.
Both Brandon Williams and West Ham target Jesse Lingard have been linked with moves away, and Solskjaer has refused to rule out the duo leaving.
He said: “They’re still part of the club, part of the squad, training well. No deal has been struck for any of the players yet going out – still a little period left, of course.
“There’s been many clubs interested in our players, so let’s see what happens.
“For me, it’s also important to take our wishes and our plans into consideration but also the players of course because they are Man United people and players through and through.”
New Chelsea boss Thomas Tuchel has spoke of his delight at taking charge of the Blues.
He told the club's website: "I would like to thank Chelsea FC for their confidence in me and my staff.
"We all have the greatest respect for Frank Lampard’s work and the legacy he created at Chelsea.
"At the same time, I cannot wait to meet my new team and compete in the most exciting league in football.
"I am grateful to now be part of the Chelsea family - it feels amazing!"
BREAKING – Chelsea have announced that Thomas Tuchel has become their new boss.
SON OF A GUN
Aston Villa have completed the signing of Morgan Sanson from Marseille on a four-and-a-half-year deal.
Speaking of the move, boss Dean Smith said: "Morgan has performed consistently at the highest level in French football for a number of seasons as well as in this season’s Champions League.
"[He] is a player with the quality and experience to play in any midfield position.
"He will add real competition for starting places and gives us more squad depth which is vital to competing successfully in the Premier League.”
Sanson added: "I’m really happy to be here. I’m very proud to join the Aston Villa Family, and in the future I hope we can do great things together.
“It’s a magical club, a big club in England. When Aston Villa called me, I didn’t have to think about it for a long time – it was the best opportunity for me and my career.”
Ashley Williams has announced his retirement from football.
The ex-Everton, Swansea and Wales star, 36, has been considering his future since leaving Bristol City at the end of last season and has now finally decided to hang up his boots.
Centre-back Williams played 741 games in total and won 86 caps for his country, with the highlight captaining Chris Coleman's side to the Euro 2016 semi-finals.
Williams posted on Instagram: "It has been an unbelievable journey and one I will look back on with my family and be immensely proud of.
"Captaining Wales in a semi-final European Championship in 2016 was my greatest achievement and something I will never forget."
RICE IS RIGHT
Chelsea’s sacking of Frank Lampard could mean the end of their pursuit of Declan Rice.
Eurosport claim that Lampard was unable to convince the board to sign Rice in the last window, despite insisting he was the player needed to balance the squad.
Man Utd target Rice was valued at £70m and the report states that even if the price dropped to £50m the Blues hierarchy would not have been completely on board.
But any savings from not pursuing the Rice deal would likely be put into luring other potential targets to the club.
And Dortmund’s 17-year-old star Jude Bellingham is the man Eurosport believe could be top of Chelsea’s list.
Martin Odegaard has been slammed by Real Madrid legend Jorge Valdano for leaving the Bernabeu to join Arsenal.
Valdano told El Transistor: “The quality that Odegaarded possesses is necessary for this Real Madrid team.
“I don’t think Odegaard has played badly. Perhaps he was a bit conservative when it came to him, maybe he lacked some more daring actions.
“But he also lacked patience to continue at Real. In the end he competes with two stars like Luka Modric and Toni Kroos.
“I am more concerned about his mentality. It is not worth of a Real player to leave your place, not have that patience.
“It’s not just any player ahead of him. I am surprised he would leave the club and leave his spot open for others.”
Fulham's Stefan Johansen has joined QPR on loan until the end of the season.
The Norwegian was a regular in the Championship but failed to make Scott Parker's 25-man squad for the first-half of the Premier League season.
The 30-year-old has a deal at Craven Cottage until summer 2022.
GOOD TIME TO BAY
Bayern Leverkusen are in negotiations with Celtic's Jeremie Frimpong.
A fee of more than £10million is believed to have been agreed, according to Sky Sports.
Celtic boss Neil Lennon confirmed the player was 'abroad' speaking to an unnamed club.
Celtic signed the player 18 months ago for £300,000 from Manchester City who are believed to have a sell-on clause.
Rafa Benitez is holding out for a return to the Premier League but will rule out a Newcastle reunion, according to reports.
The Spaniard had been rumoured to be taking over from under pressure Toon boss Steve Bruce after leaving Chinese Super League club Dalian Professional.
Benitez, 60, is a fan favourite at Newcastle after three successful years before leaving in 2019 over a disagreement with controversial owner Mike Ashley.
And the duo's fractious relationship is the reason why Benitez will not consider returning to the dugout.
Sky Sports also claim Benitez has had an offer from Napoli, where he spent two years in 2013.
Benitez is highly-regarded in Italy after winning the Coppa Italia in 2014 but it is claimed he is willing to assess his options.
The ex-Liverpool manager is also wanted by Celtic after a stuttering campaign under Neil Lennon.
Frank Lampard’s request to sign Pierre-Emerick Aubameyang from Arsenal was reportedly turned down by the Chelsea board.
Lampard was sacked by the Blues yesterday after 18 months in West London.
But The Athletic reports the legendary midfielder was keen on bringing Auba to Stamford Bridge in January 2020.
The report states Lampard was keen to step in while contract talks between the Gunners and their now skipper were locked.
But the Chelsea brass diverted their attention to Timo Werner instead.
TAKE YOUR VIC
Charlie Austin has revealed how Manchester United turned down Virgil van Dijk – to sign Victor Lindelof.
But it perhaps could have been different with former Southampton striker Austin revealing a chat he had with Van Dijk when the defender starred for the Saints.
He told talkSPORT: “I remember at the back end of his Southampton career we were on the bench together at Chelsea away.
“I asked him, ‘Come on Virg, what’s going on? Surely Man United must have been in for you?’.
“He told me, ‘You know what, Chaz, in the summer it was between me and Lindelof, and they signed Lindelof’.
“I was like, ‘You are joking?’. I don’t know if anyone knows that. I couldn’t believe it, I was gobsmacked.
“There was talk in the summer that he was going to go there, but they’ve gone and taken Lindelof instead.”
MAR TO COME
Martin Odegaard has reportedly completed his medical at Arsenal.
Sky Sports reports the tests have been concluded and his loan move from Real Madrid will be confirmed in the next 24 hours.
There were concerns that Norwegian Odegaard could be arriving injured as he was listed as crocked on the Madrid website.
But The Athletic reported there was nothing major for the Gunners to worry about and things appear to be moving smoothly.
Arsenal are interested in signing Marseille left-back Jordan Amavi, according to reports.
Boss Mikel Arteta recently admitted that his side are ‘short’ in the position, having let Sead Kolasinac return to Schalke on loan.
Ryan Bertrand has been mentioned as a potential target, although Southampton are ‘confident’ that the England international will put pen to paper on a new contract at St Mary’s.
According to L’Equipe, Arsenal are among a trio of clubs hoping to lure Amavi away from Marseille in the summer on a free transfer.
To do so they will have to beat off competition from Crystal Palace and Napoli, with the former believed to have shown ‘the most interest’.
ANGEL OF NORTH LONDON
Tottenham have approached former Manchester United ace Angel Di Maria over a summer transfer, according to reports.
The Argentine has started every game for Paris Saint-Germain since Mauricio Pochettino's arrival.
But his contract expires in the summer, leading to speculation surrounding his future.
It is believed that his compatriot Pochettino would like to keep him at Parc des Princes and Di Maria is keen to get an extension agreed.
But according to L'Equipe, Spurs are attempting to lure the 32-year-old away from the French capital.
Di Maria has been offered a pay cut on his current deal by PSG, although he is believed to understand why, given the current global crisis.
PSG's No11 would like a two-year deal, in order to finish his career in Europe in Paris.
Manchester United and Liverpool are battling to sign £3million-rated Derby wonderkid Kaide Gordon, according to reports.
The versatile attacking midfielder, 16, has impressed Wayne Rooney in recent weeks and was handed his first-team debut against Birmingham in December.
According to The Telegraph, Liverpool are the favourites to land Gordon ahead of United and Tottenham.
The Liverpool Echo says talks are already underway and the reigning Premier League champions hope their record of promoting youth players into the first team will help convince Gordon to sign.
An initial £1m offer from the Reds looks to be enough with the Championship club struggling for funds.
The remaining £2m would be made up from add-ons depending on the England youth international’s progression at Anfield.
Gordon – born in October 2004 – cannot sign professional terms until later this year, the Echo report adds.
EDIN OUT THE DOOR
Roma outcast Edin Dzeko is wanted by West Ham and Everton, according to reports.
The former Manchester City man has been training alone after a bust-up with Roma manager Paulo Fonseca.
The Bosnian confronted his boss about the recent departure of team manager Gianluca Combar, according to Goal.
And as a result, he was left out of Roma's squad for Saturday's win over Spezia.
West Ham and Everton are both keen on bringing the 34-year-old back to the Premier League, according to Gazzetta dello Sport.
But Dzeko is said to be desperate to stay in Italy and not interested in a move back to England - especially to West Ham.
PULL YOUR SOKS UP
Former Arsenal defender Sokratis Papastathopoulos has officially joined Olympiacos on a deal until the summer of 2023.
The 32-year-old had been on the lookout for a new club after his contract was terminated by the Gunners by mutual consent last week.
A host of teams have been linked with the ex-Borussia Dortmund star, with Serie A side Genoa credited with an interest.
Turkish giants Fenerbahce were another possible destination, while even Liverpool had made a late approach to land Sokratis.
The Greek international had played under Reds boss Jurgen Klopp when the two were in Germany together and it had been claimed that he had held initial talks over an Anfield switch.
JUL ME CLOSER
Arsenal could be set to add Julian Draxler to the signing of Martin Odegaard, according to reports in France.
The Paris Saint-Germain midfielder has been touted for a swap deal involving Matteo Guendouzi.
According to L’Equipe, Les Parisiens coach Mauricio Pochettino wants to bring in the Frenchman this month.
A new central midfielder is high on the Argentine’s list with his old Tottenham star, Dele Alli, another man linked.
But PSG have long held an interest in Guendouzi too with the 21-year-old, born in the Parisian suburbs, signed to the club as a kid.
Arteta fell out with Guendouzi at the end of last season but he has shown glimpses of form on loan with Hertha Berlin and Draxler could be used as makeweight having not started a PSG game since October.