As the clock ticks down towards deadline day, Sports Mole checks out the latest news and gossip from the transfer world.
Wednesday evening's headlines:
Inter Milan keen on Nani?
Reports in Italy say that Inter Milan are hoping to sign Manchester United winger Nani on a loan basis.
Father hints at Yevhen Konoplyanka joining Liverpool
Yevhen Konoplyanka's father reveals that the winger could join an English club before the end of the week.
Bayern Munich plot summer David Luiz move?
Chelsea centre-back David Luiz is reportedly a summer transfer target of German and European champions Bayern Munich.
Paris Saint-Germain complete Yohan Cabaye signing
PSG complete the signing of midfielder Yohan Cabaye from Newcastle United.
Newcastle United sign Luuk de Jong on loan
Newcastle United sign Luuk de Jong on loan until the end of the season.
Cardiff City's Andreas Cornelius heading back to Copehagen?
Andreas Cornelius is reportedly on the verge of rejoining Copenhagen, just six months after signing for Cardiff City.
Lewis Holtby, Dimitar Berbatov to swap clubs?
Tottenham Hotspur's Lewis Holtby and Fulham striker Dimitar Berbatov could reportedly trade clubs before Friday's deadline passes.
Sylvain Distin signs Everton extension
Sylvain Distin signs a one-year contract extension with Everton.
James Ward-Prowse: 'Luke Shaw should stay put'
James Ward-Prowse believes that Southampton teammate Luke Shaw should stay at the club following reported interest from Chelsea and Manchester United.
Sam Johnstone extends Manchester United contract
Young goalkeeper Sam Johnstone extends his contract with Manchester United until the summer of 2017.
Jack Hunt joins Barnsley on loan
Crystal Palace defender Jack Hunt signs a loan deal with Barnsley until the end of the season.
Swansea City recall Kyle Bartley from Birmingham City loan
Swansea City recall Kyle Bartley from his season-long loan at Birmingham City.
Nottingham Forest announce Rafik Djebbour capture from Olympiacos
Nottingham Forest confirm the permanent signing of striker Rafik Djebbour from Olympiacos.
Burnley: 'No Danny Ings January sale'
Burnley chief executive Lee Hoos insists that the Clarets will not sell star striker Danny Ings this month.
Bournemouth 'close' to capture of Charlton Athletic's Yann Kermorgant
Bournemouth reportedly agree a fee with Charlton Athletic for the transfer of Yann Kermorgant.
Report: Victor Valdes will leave Barcelona
A report claims that Victor Valdes is still preparing to leave Barcelona in the summer.
Real Valladolid join Jeffren Suarez race
A report claims that Real Valladolid have entered the race for Sporting Lisbon forward Jeffren Suarez.
Cala: "I'm leaving Sevilla"
Cala reveals that he will depart Sevilla on a free transfer at the end of the season.
Report: La Liga clubs monitor Casemiro
A report claims that Real Madrid are prepared to let Casemiro leave on loan this month.
Elche remain in Nelson Valdez hunt
Elche confirm they are still in the race for Al Jazira forward Nelson Valdez.
Diego Perotti waits on Werder Bremen?
A report claims that Diego Perotti wants to join Werder Bremen from Sevilla.
Stephan Andersen wants to leave Real Betis
Real Betis goalkeeper Stephan Andersen reveals that he wants to leave the club.
Thomas Eichin: 'Aaron Hunt not leaving Werder Bremen'
General manager Thomas Eichin says that reported Stoke City and Southampton target Aaron Hunt will not be leaving Werder Bremen.
Edy Reja: 'Postiga deal close'
Lazio close on a permanent deal for Valencia forward Helder Postiga.