LIVE Transfer Talk: Arsenal close to €100m Mykhailo Mudryk deal

How would Mudryk fit into Arteta's plans at Arsenal? (2:08)

Don Hutchison and Julien Laurens explain what Mykhailo Mudryk could bring to Arsenal. (2:08)

With the January transfer window now open around Europe there's plenty of gossip swirling about who's moving where. Transfer Talk brings you all the latest buzz on rumours, comings, goings and, of course, done deals!

TOP STORY: Gunners close in on €100m Mudryk deal

Arsenal and Shakhtar Donetsk are getting closer to reaching an agreement over a deal for Mykhailo Mudryk, reports Foot Mercato.

The 22-year-old winger has been a key target for Mikel Arteta's side this January, and the report indicates that positive progress has been made over a move worth in the region of €100 million.

Mudryk has also been linked with Chelsea, but after ESPN sources revealed on Monday that Graham Potter's side are nearing a loan move for Atletico Madrid star Joao Felix, the Gunners appear to have stepped up their approach for the Ukraine international.

Talks are set to continue throughout the week as the two clubs finalise an agreement over the initial fee, as well as potential bonuses that will be included as part of the deal, with the north London club optimistic that it can get the move over the line.

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21.57 GMT: Chelsea have been very active in this transfer window and Mundo Deportivo reports that the Blues are competing with Tottenham Hotspur to sign Sporting CP wing-back Pedro Porro. Spurs had an early advantage due to Antonio Conte's eagerness to sign a new wide man, although Chelsea are now said to be closest to signing the once-capped Spain international.

21.24 GMT: Wolverhampton Wanderers hold a concrete interest in signing Nice midfielder Mario Lemina this winter and could offer a €10m transfer fee to get a deal done, reports Foot Mercato. The 29-year-old's contract has another 18 months left to run, and he has managed 21 appearances across all competitions this season.

20.51 GMT: Kicker has refuted any reports linking 22-year-old left-back Manu Sanchez with VfL Wolfsburg. The former Spain youth international is on loan at Osasuna from Atletico Madrid, where he has a contract that runs until 2027.

20.18 GMT: Atlanta United FC are close to finalising a buyout of the final year of striker Josef Martinez's contract, according to the Athletic, freeing up significant salary and a Designated Player space on the Five Stripes' roster. The 29-year-old Venezuela international reportedly will join Inter Miami CF, who will pick up the remainder of Martinez's salary -- crucially, for David Beckham's outfit, it's said to be an amount below MLS's DP threshold.

19.45 GMT: Earlier we brought you news that Dani Ceballos is among the players who could leave Real Madrid as a free agent in the summer, and now Ekrem Konur suggests that Wolverhampton Wanderers and AC Milan are both monitoring the midfielder's situation.

19.12 GMT: With goalkeeper Mike Maignan not set to return from injury until February, AC Milan are struggling to sign somebody who would be an upgrade on backup Ciprian Tatarusanu, reports Calciomercato. The Rossoneri had a loan request for Sergio Rico denied by Paris Saint-Germain, while Atalanta demanding a €5m transfer fee to bring forward Marco Sportiello's summer move ended any possibility of a winter arrival.

18.39 GMT: Southampton have enquired about signing Stade Rennais winger Jeremy Doku, according to Foot Mercato. The 20-year-old Belgium international hasn't hit the heights the Ligue 1 may have hoped for when they signed him from Anderlecht in 2020, but Martin Terrier's recent injury could make the club reluctant to let him leave.

18.06 GMT: Arsenal are planning to hold talks with Martin Odegaard about extending the midfielder's contract, according to Ekrem Konur. The 24-year-old Norway international has been a key figure in the Gunners' table-topping Premier League campaign, providing seven goals and five assists.

17.33 GMT: In an interview with Sky Sport Deutschland, Eintracht Frankfurt sporting director Markus Krosche said that a €100m transfer fee wouldn't be enough for another club to sign striker Randal Kolo Muani in the winter window. The 24-year-old France international has been linked with the likes of Bayern Munich and Manchester United.

17.00 GMT: Fabrizio Romano writes that Chelsea's move for Atletico Madrid forward Joao Felix will not have any impact on them bringing in RB Leipzig attacker Christopher Nkunku in the summer. An agreement has already been reached for a transfer worth over €60m and the 25-year-old France international will become a Blues player in July.

16.27 GMT: Celtic are in negotiations with Jeonbuk Hyundai Motors over a deal for striker Cho Gue-Sung after offering a £3m transfer fee, according to Sky Sports. The 24-year-old South Korea international is interested several clubs following a strong World Cup in Qatar, with Bundesliga outfit Mainz said to have offered a comparable fee and reports suggesting that Minnesota United FC in MLS are willing to eclipse those bids with a superior financial package.

15.54 GMT: Racing Louisville have signed No. 2 overall pick in the 2022 NWSL Draft Jaelin Howell to a new contract, the club announced on Tuesday. The USWNT midfielder has extended her deal to run through the 2025 season, having featured in every game for the club last season.

15.21 GMT: Joao Felix has been granted permission by Atletico Madrid to undergo a medical in London as his loan move to Chelsea nears completion, sources have told ESPN's Adriana Garcia. Chelsea and Atletico are in advanced talks for the Portugal forward to join the Premier League side on a six-month loan, with sources telling ESPN the initial fee is in the region of €11 m. Read the full story.

14.48 GMT: With Joao Felix seemingly set to join Chelsea on loan, Atletico Madrid have moved to find a replacement, as Fabrizio Romano reports that they have asked Barcelona for Memphis Depay. The 28-year-old Netherlands forward has just six months remaining on his contract at Camp Nou, and has played just 130 minutes so far this season.

14.15 GMT: Sevilla forward Youssef En-Nesyri does not want to join Aston Villa, according to Marca.

En-Nesyri, 25, has been linked with Villa but the Morocco international is happy to stay in Spain.

13.21 GMT: Paris Saint-Germain have been linked with a move for Morocco's World Cup hero Azzedine Ounahi.

However, Fabrizio Romano says the Angers midfielder is not part of their plans as, under sporting director Luis Campos, the club are looking to trust young talent in the academy.

In midfield, PSG rate 16-year-old Warren Zaire-Emery highly and won't sign Ounahi as a result.

12.30 GMT: Should Man United sign Wout Weghorst on loan?

Does signing Wout Weghorst make sense for Man United?

Julien Laurens and Don Hutchison debate whether Manchester United should try and sign Wout Weghorst.

11.50 GMT: Seven of Real Madrid's 23 first-team players -- Karim Benzema, Luka Modric, Toni Kroos, Marco Asensio, Dani Ceballos, Nacho Fernandez and Mariano Diaz -- are available on a free transfer in the summer.

Real Madrid have a general policy to only offer short-term deals to those over 30 years old, but are willing to offer the 26-year-old Asensio a longer extension, according to The Athletic.

Despite his limited number of opportunities this season, the Spain international forward is seen as an important squad player for coach Carlo Ancelotti, but it remains to be seen if he wants to stay.

10.47 GMT: ICYMI - Al Nassr have turned their attention to Barcelona midfielder Sergio Busquets after completing the signing of Cristiano Ronaldo, a source has told ESPN.

Busquets, 34, is out of contract at the end of the season and the source said Al Nassr are prepared to offer an annual salary of around €13m net to take him to Saudi Arabia.

Major League Soccer side Inter Miami are also keen on signing the former Spain international, who said recently that he was attracted by the idea of playing in the United States.

Talks between Busquets' camp and Inter Miami have been ongoing for months, but there is still no firm agreement in place for him to move to MLS.

In the meantime, Al Nassr have made a move to sign the Barca captain as they continue to target some of the biggest names in football after announcing the arrival of Ronaldo last week.

Chelsea midfielder N'Golo Kante, also out of contract in June, is another player who has been linked with the Saudi side.

10.08 GMT: Manchester United are working on a deal to sign Wout Weghorst on loan from Burnley but his current club Besiktas want a payment to terminate his temporary move early, sources have told ESPN.

Weghorst is on loan at Besiktas from Burnley, and the Turkish side are keen to keep the striker until the end of the season.

Sources have told ESPN that United want to negotiate their own loan deal but first Besiktas would have to agree to send Weghorst back to Turf Moor.

United have money available for a small loan fee following Cristiano Ronaldo's departure during the World Cup, but there are significant budget limitations after spending more than expected on transfers last summer.

Sources added United are in talks with Burnley about a deal which would see Besiktas receive a payment to allow Weghorst to leave.

09.50 GMT: Borussia Dortmund wonderkid Youssoufa Moukoko is in talks with Newcastle over a free transfer in the summer, says the Evening Standard.

Moukoko, 18, has scored six goals in 22 appearances for Dortmund this season and was part of the Germany squad at the 2022 World Cup.

Saudi-backed Newcastle have reportedly made their move to land Moukoko with a reported £150,000-a-week contract offer when he becomes a free agent at the end of the season. Chelsea have also been linked with the striker but could miss out if they don't act quickly.

09.13 GMT: Atalanta sporting director Tony D'Amico has hinted that reported Liverpool target Teun Koopmeiners will not leave the club during the January transfer window.

The Netherlands international has seen his transfer value more than double since joining Atalanta in the summer of 2021 for €12m from AZ Alkmaar. "There is nothing concrete with Liverpool," D'Amico said to Sky Italy. "We like their interest, but he is one of our players."

Koopmeiners, 24, has scored five goals and set up two more in 17 league appearances for the Bergamaschi this season. Atalanta would reportedly only be open to let the defensive midfielder leave in this window if an offer in the region of €40m was to arrive.

08.30 GMT: Atletico Madrid want Joao Felix to extend his contract until June 2027 as a condition to allow him to join Chelsea on loan, Marca reports.

Felix, 23, is unhappy at Atletico and wants to leave in this transfer window, with sources telling ESPN that Chelsea are in talks over a six-month loan with no purchase option included in the deal. The Blues would pay Atletico €11m for the Portugal forward's loan deal plus his wages.

Felix, who is under contract with Atletico until June 2026 and has a €350m release clause, reportedly wants to join Chelsea ahead of Arsenal and Manchester United.

But Atletico want him to extend his contract for a further year to reduce the annual depreciation and balance their books. Atletico turned down a €130 offer from Manchester United in the summer, with the club insisting back then that the player was "non-transferable."

Laurens: Potter is out of his depth at Chelsea now

Julien Laurens thinks Graham Potter seems out of his depth following Chelsea's FA Cup exit at the hands of Man City.

PAPER GOSSIP (by Adam Brown)

- Chelsea are looking to add another attacker after edging closer to securing a deal to sign Joao Felix, reveals the Times. Marcus Thuram and Noni Madueke are reported to be on their shortlist as the club continue to add reinforcements to Graham Potter's squad. Borussia Monchengladbach's Thuram, 25, has been identified as a potential option with the Blues looking to take advantage of his contract that expires in the summer, while 20-year-old Madueke is having an impressive season at PSV Eindhoven.

- Levi Colwill remains a part of Chelsea's long-term plans, writes the Athletic. Recent speculation indicated that the acquisition of centre-back Benoit Badiashile could see the 19-year-old defender, currently on loan at Brighton & Hove Albion, cast out of first-team opportunities, but the report indicates that Potter won't be looking to part ways with him on a permanent basis.

- A move for Alex Moreno looks set to be completed after Aston Villa stepped up their pursuit of the Real Betis left-back, according to Fabrizio Romano. It is reported that an agreement worth €14m has been agreed between the two clubs, while Unai Emery's side has also been able to agree personal terms with the 29-year-old. The Premier League side will look to get his medical finalised this week.

- Wolverhampton Wanderers are interested in a loan move for Aaron Wan-Bissaka, reports Foot Mercato. The 25-year-old defender is reported to be keen to continue his career at Old Trafford after recently earning minutes in the starting team, but he would be interested in making the switch to Molineux until the end of the season.

- Nottingham Forest have launched an £18m approach for Palmeiras star Danilo, says the Telegraph. The 21-year-old midfielder was previously on Steve Cooper's radar in the summer, and after interest from Arsenal and Atletico Madrid has emerged, it looks as though Forest will act quickly to sign him ahead of the competition.