Sports Mole has gathered the latest transfer speculation with 23 days left to go until the January window closes for trade.
This evening's headlines:
QPR release Dyer
Former England international Kieron Dyer is on the lookout for a new club after Queens Park Rangers release him.
Blackburn reject Olsson bid?
West Ham United reportedly fail in an attempt to sign Martin Olsson from Blackburn Rovers.
Barcelona "rule out" Villa exit
Arsenal's hopes of signing David Villa are knocked back after Barcelona rule out selling the Spanish international.
Inter move for Dzeko?
Bosnian international Edin Dzeko could reportedly swap Manchester City for Inter Milan.
Spurs move for Belhanda?
A report suggests that Tottenham Hotspur want to sign Younes Belhanda from Montpellier.
Cahill's Sunderland move falls through?
Tim Cahill will reportedly not return to the Premier League after his proposed loan move to Sunderland hits a snag.
Benitez coy on Fellaini rumours
Rafael Benitez has remained tight-lipped over speculation that has linked Chelsea with Marouane Fellaini.
Ribeiro returns to Brazil
Brazilian defender Bruno Ribeiro departs Blackburn Rovers to join Clube Atletico Linense on loan until the end of the season.
Hall extends Birmingham stay
West Ham United's Rob Hall extends his loan spell at Birmingham City until February 16.
Reading sign Akpan
Reading complete the signing of Crawley Town midfielder Hope Akpan.