3 days ago
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January 24th
©IMAGO
The January transfer window is now open and the rumours continue to circulate as clubs plan out moves. Teams are working tirelessly behind the scenes on identifying targets and figuring out their budgets.
Managers will be constantly assessing their squads with sporting directors and recruitment staff scanning the market for potential deals. The rumour mill is still gathering pace and we've collated some of the biggest current transfer stories - you can access the full rumour below. 
Today's biggest transfer stories
Arsenal are monitoring Julián Alvarez's situation at Atletico Madrid ahead of a potential summer move. The Argentina international is also wanted by Barcelona and the LaLiga giants could be willing to do business for a fee of around €100 million.
Real Madrid have moved to dismiss reports that Trent Alexander-Arnold has been told to find a new club. Catalan-based media suggested that the ex-Liverpool man had been informed by the club he was no longer needed, but the story is understood to be false.
West Ham have rejected Flamengo's first offer for Lucas Paquetá. The midfielder, 28, is keen to return to his native Brazil but the Hammers have spurned their opening bid - said to be the region of €37.9 million plus a further €3.4m in add-ons.
