Breaking news from Sky suggests that Liverpool could be about to make a move for Nacer Chadli - as their interest in Yevhen Konoplyanka cools.
Chadli is also interesting Swansea City ... and expect more on this story within the hour.
Manchester United fail in audacious bid to swap Portuguese winger Nani for England international Andros Townsend, according to the Daily Mirror. It remains to be seen whether Moyes will go back in with another bid for the exciting England prospect.
Leicester City are determined not to lose starlet Jeffrey Schlupp to higher placed competition in Swansea City.
Leicester seem determined not to sell Jeffrey Schlupp to Swansea. Swansea not given up on him yet.— Riath Al-Samarrai (@riathalsam) January 31, 2014
Swansea are unlikely to give up on the starlet and this deal could be one that runs on into the night.
Manchester City appear to have abandoned their £35m pursuit of FC Porto duo Eliaquim Mangala and Fernando - at least until the summer. It's thought that Porto's demands of the duo have put an end to negotiations and the City staff are reportedly heading home.
Cardiff are trying to sign Nates striker Filip Djordjevic, according to Sky Sports reports.
The impressive Serbian international has scored eight goals in 22 appearances this season in Ligue 1 and his contract expires in the summer.
In the Pipeline:
The Daily Mail are reporting Sam Allardyce could hijack Aston Villa's move for Beglian striker Jelle Vossen. Paul Lambert had been reportedly trying to restore the link Vossen had with Beneteke at Genk.
Stoke City are reportedly making 'good progress' in their pursuit of Sunderland midfielder Lee Cattermole. This deal could reportedly allow Brighton could also sign Wilson Palacios.
Fulham are reportedly closing on on Everton defender Johnny Heitinga, despite links to Norwich, Roma and Galatasary. It was well documented the Dutch international rejected a move to West Ham earlier in the window, but could now move to West London to help Fulham retain their Premier League status.
Napoli have confirmed via their twitter feed that full-back Pablo Armero has joined West Ham on loan for the rest of the season.
The Napoli full-back has made 18 appearances for the title contenders this season, including 4 in the Champions League.
Queens Park Rangers have signed Kevin Doyle on loan from Wolverhampton Wanderers for the remainder of the season.
The Wolverhampton Wanderers striker has been in and out the Wolves team this season and will now be looking to grab this opportunity with both hands.
Manchester United full-back Tyler Blackett has joined Birmingham City on loan until the end of the season.
The Manchester United full-back earned a good reputation whilst on-loan at Championship rivals Blackpool and Lee Clarke will be hoping he builds on that.
Swansea City have completed the signing of promising midfielder Jay Fulton from Fakirk for an undisclosed fee.
Fulton becomes the fourth arrival during the transfer window - joining David Ngog, Adam King and Raheem Hanley.
image: © Allison Pasciuto