Eighteen days remain for football clubs home and abroad to complete their transfer business this month.
With that in mind, Sports Mole has rounded up the latest news and speculation that has emerged throughout the day.
Thursday evening's headlines:
Bayern Munich reject Manchester United's £45m bid for Thomas Muller?
Manchester United reportedly have a £45m bid for Thomas Muller rebuffed by Bayern Munich. Read more.
Report: Manchester City join race to sign Lionel Messi
Lionel Messi is a surprise target for Premier League champions Manchester City, according to a report. Read more.
Agent of Napoli striker Gonzalo Higuain rejects Liverpool rumours
Gonzalo Higuain's agent rejects rumours linking the Napoli striker to Liverpool by insisting that he has not spoken to any club. Read more.
Arsenal eye up Mats Hummels, Ilkay Gundogan swoop?
Fresh reports emerge linking Mats Hummels and Ilkay Gundogan with moves to Arsenal this January, as the Gunners prepare an audacious double swoop. Read more.
Liverpool's Brendan Rodgers confirms talks to cut short Divock Origi's loan
Brendan Rodgers confirms that Liverpool are in talks with Lille about possibly cutting short Divock Origi's loan deal at the Ligue 1 club. Read more.
Liverpool boss Brendan Rodgers: 'Mario Balotelli is going nowhere'
Liverpool manager Brendan Rodgers insists that Mario Balotelli "won't be going anywhere" this month, despite constant speculation over the striker's future. Read more.
Arsenal boss Arsene Wenger wants "one or two" new signings
Arsenal manager Arsene Wenger reveals that he wants to bring "one or two" players into the club before the end of the winter transfer window. Read more.
Krystian Bielik to undergo Arsenal medical
Legia Warsaw reveal that in-demand youngster Krystian Bielik is to undergo a medical at Arsenal tomorrow. Read more.
Stoke City boss Mark Hughes wants Robert Huth to leave on loan
Stoke City boss Mark Hughes admits that he wants Robert Huth to leave the club on loan, amid reports that West Bromwich Albion are interested in him. Read more.
Liverpool confirm recall of Jordan Ibe from Derby County
Liverpool confirm that Jordan Ibe has been recalled from his loan spell at Derby County. Read more.
Barcelona's Dani Alves 'keeping transfer options open'
Barcelona's Dani Alves is prepared to leave the club, but is also open to signing a new deal at Camp Nou, according to his agent. Read more.
Stephen Warnock completes Derby County switch
Leeds United full-back Stephen Warnock joins Derby County on a deal which initially runs through to the summer of 2016. Read more.
Cardiff City's Javi Guerra seals loan move to Malaga
Cardiff City announce that striker Javi Guerra has joined Malaga on loan until the end of the season. Read more.
Wolverhampton Wanderers send Jake Cassidy, Liam McAlinden out on loan
Wolverhampton Wanderers send Jake Cassidy and Liam McAlinden on loan to Southend United and Fleetwood Town respectively as they look to find some game time. Read more.
Peterborough United snap up Scott Loach on loan
Scott Loach joins Peterborough United on a one-month loan deal from Rotherham United. Read more.