Sports Mole rounds up all of the latest transfer news in La Liga on Wednesday, January 20.

Wednesday morning's La Liga transfer talk news roundup:

Report: Arsenal given hope in pursuit of Barcelona goalkeeper Neto

Arsenal have reportedly been given hope of signing Neto from Barcelona, despite Ronald Koeman's insistence that the goalkeeper is not for sale.

The Gunners are believed to be seeking a replacement for back-up keeper Alex Runarsson, who is set to depart on loan this month to gain more experience.

Koeman confirmed last week that Neto has asked to leave Camp Nou, but the club have no plans to let him leave in the January window.

However, Mundo Deportivo claims that Arsenal remain confident of striking a deal this month as Neto is represented by agent Kia Joorabchian, who has close links with the Gunners.

Arsenal have yet to make any signings this window, though Sead Kolasinac, William Saliba and Matt Macey have all been loaned out to free up some funds.

David Alaba 'still considering lucrative Real Madrid contract offer'

David Alaba is reportedly still deliberating over whether to stay at Bayern Munich or join Real Madrid at the end of the season.

The Austria international is out of contract at the Allianz Arena in five months' time and is now able to discuss a transfer with foreign clubs.

Bayern are keen to keep hold of the versatile defender, but he is rumoured to have knocked back a number of offers and talks have now come to a halt.

Madrid are waiting to pounce and have made a lucrative offer of their own, but Sky Sports News claims that Alaba has yet to decide whether to accept it.

The same report suggests that the 28-year-old, who is also believed to be on Pep Guardiola's radar at Manchester City, will wait until April at the earliest before making an announcement on his future.

More transfer news from La Liga:

Real Madrid 'win race for David Alaba'
Bayern Munich defender David Alaba reportedly agrees to join Real Madrid on a free transfer later in 2021. Read more.

Monaco to move for Real Madrid full-back Marcelo?
Real Madrid left-back Marcelo is reportedly a target for French side Monaco. Read more.

Paris Saint-Germain considering move for Arsenal defender Hector Bellerin?
Paris Saint-Germain are reportedly contemplating whether to launch an approach for Arsenal defender Hector Bellerin. Read more.

Report: Barcelona still in the running for David Alaba
Real Madrid reportedly face strong competition from bitter rivals Barcelona for versatile Bayern Munich defender David Alaba. Read more.

Report: Martin Odegaard looking to leave Real Madrid
A report claims that Real Madrid midfielder Martin Odegaard wants to leave on loan this month after being restricted to just five starts in all competition in 2020-21. Read more.