There may be 25 days left to go until the January transfer window slams shut, but speculation has ramped into overdrive.
Here, Sports Mole has rounded up all of the rumours and deals that have been emerging throughout the day.
Thursday evening's headlines:
Manchester United announce signing of Victor Valdes on 18-month deal
Manchester United announce the signing of former Barcelona goalkeeper Victor Valdes on an 18-month deal, with an option of a further year. Read more.
Ched Evans blames "mob rule" tactics for collapse of Oldham Athletic move
Convicted rapist Ched Evans slams "mob rule" tactics for the collapse of his move to Oldham Athletic. Read more.
Liverpool's Mario Balotelli wanted by Paris Saint-Germain?
Mario Balotelli is reportedly wanted by Paris Saint-Germain this month as the controversial Italian continues to struggle at Liverpool. Read more.
Inter Milan reach deal to sign Xherdan Shaqiri
Liverpool target Xherdan Shaqiri agrees terms with Inter Milan over an initial loan deal with the Italian giants. Read more.
Manchester United 'expect David de Gea to stay, despite Victor Valdes arrival'
Manchester United are reportedly confident that goalkeeper David de Gea will sign a new deal, despite the imminent arrival of ex-Barcelona shot-stopper Victor Valdes. Read more.
Report: Arsenal end interest in Saint-Etienne's Loic Perrin
Arsenal reportedly end their pursuit of Saint-Etienne defender Loic Perrin just days after the player revealed that the Gunners recently expressed an interest. Read more.
Leicester City complete Andrej Kramaric capture
Andrej Kramaric agrees personal terms and passes a medical at Leicester City, although he must await a work permit before making his debut for the Foxes. Read more.
Michael Keane completes permanent Burnley switch
Burnley complete the signing of Michael Keane from Manchester United on a permanent deal. Read more.
Krystian Bielik confirms imminent Arsenal arrival
Highly-rated Polish youngster Krystian Bielik reveals that he intends to join Arsenal when his current club Legia Warsaw reach an agreement with the Gunners. Read more.
Wigan Athletic confirm signing of Liam Ridgewell on six-week loan
Wigan Athletic confirm the arrival of Liam Ridgewell from MLS side Portland Timbers on a six-week loan. Read more.
Harry Redknapp suggests QPR unlikely to make permanent signings
QPR boss Harry Redknapp says that the club are unlikely to make any permanent signings in this transfer window. Read more.
Barnsley snap up Stoke City youngster George Waring on loan
Twenty-year-old Stoke City striker George Waring joins Barnsley on a one-month loan deal. Read more.
Sheffield Wednesday loan Chelsea's Lewis Baker
Sheffield Wednesday complete a loan deal for Chelsea midfielder Lewis Baker for the rest of the season. Read more.
