We'll be keeping you as up-to-date as possible on the latest transfer talk in On The Move. You can read up on all the Latest Transfers and then follow the developing stories in our constantly updated transfer blog here:

Are City set to bid for Adrian Mutu? © Getty Images

23.59: It's been a slow night (and month!) but we'll be back, as usual, in the morning.

23.08: Birmingham are close to completing a deal for Aston Villa midfielder Craig Gardner, according to Blues vice-chairman Peter Pannu. The two clubs are understood to be on the verge of agreeing a £3.5 million fee for the England Under-21 international.

22.13: After Fulham pulled out of the deal to sign Stefano Okaka on loan from AS Roma, it now seems like he will be heading to Siena.

22.01: Brian Allison has joined Stirling Albion on loan from Falkirk.

21.42: The Guardian reports that Portsmouth transfer embargo will not lifted unless they prove that payments in relation to the signing of Suli Muntari from Udinese in 2007 have been rescheduled.

21.08: Newcastle have completed the permanent signing of loan man Danny Simpson from Manchester United for an undisclosed fee.

20.27: Eintracht Frankfurt have completed the signing of USA international Ricardo Clark, who used to play for Houston Dynamo.

20.12: Meanwhile, Sunderland striker David Healy has said he is desperate to leave the Wearsiders.

19.53: Danny Webber has said, for some reason, that he has no intention of leaving Portsmouth.

19.31: Colin Kazim Richards, or Kazim Kazim as he is known on the continent, has completed his move from Fenerbahce to Toulouse.

18.46: David James' transfer to Stoke might be back on again after the two clubs resumed talks. The deal was on, then off, and might now be back on, as negotiations continue over the complex equation being presented by Stoke on how to pay the England keeper's lavish £2 million a year wages, even though it would only be for half the season.

18.11: Younes Kaboul could be on his way out of Portsmouth with three Premier League clubs hot on the defender's trail. One of the clubs are Tottenham Hotspur, who sold Kaboul to Pompey. Spurs are still owed £2 million on Kaboul and also have a substantial cut of any sell on fee, so it would be one of the most unusual deals of all-time if Portsmouth sold him back to the Lane.

17.27: Manchester City want to sign Milos Krasic from CSKA Moscow, according to the winger's agent. Dejan Joksimovic told Italian site Calcio Mercato:

"Was I in Italy? No I was in England. Many English teams like Milos. Roberto Mancini is thinking of him but currently Manchester City nor the other interested teams have elaborated an official offer. CSKA Moscow want to keep him until June. If he leaves in January, Italian clubs are virtually cut off because the player has no EU passport and he costs a lot."

17.15: The Birmingham Mail says Alex McLeish could look to revive his interest in Ryan Babel, while Roman Pavlyuchenko remains a potential target. The report adds that Birmingham offered £11 million for Sunderland's Kenwyne Jones but the move collapsed due to the cost of the total package once wages and add-ons were factored in - although Steve Bruce strongly denied having had any enquiries for the striker earlier today.

17.11: Greek side Larissa are interested in Rangers outcast Jerome Rothen, according to France Football.

17.05: Reader Aadithya says:

"Robben surely is convincing Ribery to not join Real madrid.....But all his words against Real Madrid would ultimately give way to him joining Chelsea..."

But former Real Madrid boss Bernd Schuster seems to think Franck Ribery is most definitely off to the Bernabeu. He told Munich-based tabloid tz:

"I believe Ribery is definitely going to Real Madrid. I don't think we even need to discuss it - for me, it's a done deal. From the summer of 2010, Ribery will play for Real."

16.58: El Mundo Deportivo says Atletico Madrid are interested in Schalke defender Rafinha.

16.38: Championship strugglers Derby look set to miss out on a loan deal for Everton striker James Vaughan. Vaughan played two games on loan for Derby earlier this season before injury forced him back to Goodison Park and, while an agreement was in place for him to head back to the Rams, boss Nigel Clough is less than confident that he'll be back.

"There doesn't seem to be any movement at Everton in terms of them bringing players in, so it could well be we miss out on him. We still haven't given up hope yet. Even if it goes past January 31, we can still take him a week into February on a three-month loan."

16.30: Wigan boss Roberto Martinez is not desperate to offload defender Erik Edman, who has been linked with Sheffield United.

16.19: Sunderland striker David Healy has issued a 'come and get me' plea to potential buyers as he looks for a way out of the club.

"I know my future is not going to be at Sunderland. I'm more than willing to go back to the Championship and get back to enjoying my football again. I haven't got my eye on anywhere. I have been linked to a number of Championship clubs, but I can't name anybody. If there was a club I was ever going to go back to play for, it would be Leeds. I have huge affection for the club."

16.06: Serie A strugglers Catania have signed former Barcelona forward Maxi Lopez. Lazio, Birmingham and West Ham were all thought to be interested in the Argentinean.

15.56: Corinthians want Atletico Madrid defensive midfielder Cleber, but AS seems to think they only want him on loan and don't want to pay his full wages.

15.35: Back to Sunderland and Steve Bruce has confirmed he wants to sign 28-year-old Hamburg right-back Guy Demel.

"We have expressed our interest in Guy Demel, but he's in Angola and we have to wait and see how that develops. I feel we are a bit short of cover defensively."

Bruce said, however, that he has no interest in Benfica striker Nuno Gomes.

15.17: The Daily Mail says Burnley are set to tie up a loan deal for Monaco's France Under-21 striker Frederic Nimani.

15.10: Good news for West Ham fans - new co-owner David Sullivan insists Scott Parker definitely won't be sold. Read more about their plans for signings here.

15.06: Stoke chairman Peter Coates says Ruud Van Nistelrooy is still a target for the club, although they've made little progress.

14.57: Arjen Robben is having another stab at convincing Real Madrid target Franck Ribery to stay at Bayern Munich.

"It's his choice, but I hope he stays. Here, he is the big star while (at Madrid) he would be one of many. Besides, the two clubs are identical."

14.45: Middlesbrough striker Mido, currently on loan at Zamalek, has confirmed to Egpytian site FilGoal that Hull, Ajax and Galatasaray want to sign him, and Fulham are also said to be in the mix. And Amr Zaki, his compatriot and former team-mate at both Wigan and Zamalek, seems to have put aside his previous grievances with the man and says he deserves another shot at Premier League football.

"Mido is an excellent striker. I think his technical and physical abilities easily enable him to play in the Premier League."

Are Hull really going to pair these two up again? You may recall Mido accusing Zaki of making up stories about him while on international duty with Egypt in April.

14.25: Manchester City are interested in signing Fiorentina striker Adrian Mutu, according to the player's agent. Giovanni Becali said on fiorentina.it:

"I will be in Italy for the final week of the transfer market. There are several clubs interested in Mutu, clubs that would definitely allow him to increase his wages.

"There are clubs keen on the player from Russia, Turkey but especially England. (Roberto) Mancini strongly wants him at Manchester City and said that he would be an ideal player for his team.

"It remains to be seen if Fiorentina will be willing to talk about a possible Mutu transfer."

Mutu wants money, of course, because he owes Chelsea 17 million euros after he was sacked by the club for using cocaine.

14.15: Juventus are on the verge of signing Livorno midfielder Antonio Candreva, according to reports in Italy.

14.02: There's a Guillem Balague interview with Cesc Fabregas in Champions magazine. Surprise surprise, Spanish paper AS is making a bit too much of some comments about his future. Asked if he has considered the reaction of the fans or Arsene Wenger if he decided to leave Arsenal, he said:

"You can never say never, but I feel grateful, wanted, comfortable and important at Arsenal. Some people will never understand if I ever leave, but you have to feel comfortable with yourself.

"I’ve given my all for Arsenal. I’ve played when I’ve felt ill, and through injury. I even played in the Champions League a few hours after my grandfather died. I’m proud to be a part of this club, and I’ll always be proud of what I’ve done."

13.50: Something a bit different. Swedish 15-year-old Rasmus Lindgren has held trials at Everton, Middlesbrough and now Manchester United, but the Avesta AIK midfielder told Soccer Direct:

"I am too young. Only in a few years could I see myself moving. I have no plans to move abroad. I (held trials) for the experience and because it's fun."

So there you go.

13.35: Celtic boss Tony Mowbray says reports he's trying to get rid of Scotland midfielder Scott Brown are "nonsense".

13.22: New West Ham owner David Sullivan is giving Gianfranco Zola £8 million to spend on three new players and wants to tie up a deal for a striker before next week's game against Portsmouth, according to the London Evening Standard.

13.10: An update on the Jo situation, with West Ham and Galatasaray among the clubs apparently battling it out for the Manchester City striker. A close associate of Jo told ESPNsoccernet: “West Ham want him, but he is signing for a different club.”

12.47: BREAKING NEWS: Coach Pep Guardiola has signed a one-year contract with Barcelona.

12.37: AS says Real Madrid want Bayern Munich defender Holger Badstuber as a replacement for the injured Pepe. He's valued at about 12 million euros apparently.

12.20: West Ham's hopes of signing Jo could be dashed by interest from Galatasaray, who suddenly seem to be linked with everyone. They missed out on Ruud Van Nistelrooy after the striker said he was unwilling to go to Turkey, so there could be something in it.

12.10: Sky Sports News says Arsenal have made an enquiry for Fulham centre-back Chris Smalling but have been rebuffed. It was previously suggested they'd offer £7 million for the 20-year-old.

12.00: Former Germany goalkeeper Oliver Kahn has told Sport Bild his former club Bayern Munich should sign Gianluigi Buffon from Juventus.

"Bayern have even greater ambition and, if you want to achieve something, you need to have one of the best goalkeepers in the world."

11.40: Sticking with Sunderland, Steve Bruce and the Sunderland Echo, apparently there's been no move for Kenwyne Jones and the talk of a Liverpool loan deal is ludicrous. Bruce said:

"I've not had any manager inquire about any of my players. What would be the point of letting Kenwyne go out on loan somewhere? No chance. Do they not feel silly running that story? People must question my sanity and judgement if they think I would allow that, and it's not happening. It's ridiculous."

However, the suggestions Jones could make a £10 million move could be a little closer to the mark. Bruce added:

"Something – a bid – that is going to blow us away, that is different. We all know that every player has his price."

11.37: Sunderland are the latest club to deny making an offer for Manchester United goalkeeper Ben Foster. Harry Redknapp rubbished reports he'd made an approach earlier this week and Steve Bruce has now told the Sunderland Echo:

"I like Ben Foster and I think he is a good goalkeeper, but there's no truth in the story that we have or will be making a bid there. Just before Craig Gordon broke his arm, he was proving he's a top, top goalkeeper. He's back now and I may give him 45 minutes on Thursday with a view to involving him at Portsmouth at the weekend."

11.35: Wigan winger Daniel De Ridder - who made only five appearances under Steve Bruce and has yet to feature under Roberto Martinez - is set for a six-month loan switch to Hapoel Tel Aviv, according to the Wigan Evening Post.

11.32: Championship leaders Newcastle have made a cheeky bid for Nottingham Forest utility man James Perch, but Forest boss Billy Davies is having none of it.

"They have made an offer for James, but it is a derisory offer and the bottom line is that he is not for sale anyway. We are not interested in selling James at any price, particularly not to one of our rivals in the Championship."

11.28: Our man Harry Harris understands that West Ham are in talks over a loan deal for Manchester City striker Jo, who's currently at Everton but recently upset David Moyes.

11.25: West Brom are strongly rumoured to be on the verge of selling Slovakia full-back Marek Cech to Rennes, but the Express & Star says sources close to the club have played down those suggestions.

11.05: Barcelona have called a press conference for this afternoon which reports in Spain suggest could be an announcement regarding coach Pep Guardiola's future with the Catalan giants. Watch this space from 12.30GMT.

10.58: Celtic have announced the signing of Norway Under-21 defender Thomas Rogne on a three-and-a-half-year contract.

10.30: Celtic have been silent over reports Tony Mowbray is planning to sell star midfielder Scott Brown. The player himself is doing the same and told the Daily Record: ''Yes, there was a conversation between myself and the manager but I am not prepared to go into details.''

10.18: Racing Santander president Francisco Pernia has revealed that Real Madrid, Manchester City and Chelsea are willing to loan teen starlet Sergio Canales back to the club if any of them secure his signature.

10.06: Portsmouth will sell Younes Kaboul next week to raise the cash to pay the players wage bill for January. There are five clubs battling it out for his signature.

09.50: Championship side Leicester are planning to bolster their promotion hopes with a move for Birmingham defender Martin Taylor, according to the Birmingham Mail.

09.45: Arsene Wenger is looking more and more like a man with no intention of spending any money this month. He said:

"We are not close to signing anybody at the moment and we are so focused on the game that we forget a little bit to speak about transfers. We have so many players out that our talks are more focused on 'When is he back? When is he back?' and it looks like any player we can get back is like a transfer because we have not seen some players this season - like Walcott, like Bendtner. They can be fresh for the second part of the season and they can give us a big push."

09.30: Chinese stars Zheng Zhi and Shao Jiayi could be set to move to Birmingham City, with the club's new owner, Carson Yeung, apparently expressing an interest in the pair.

09.18: Maxi Lopez is unlikely to move to the Premier League this month, his British agent has confirmed. Birmingham were showing an interest in the former Barca star, but he's staying in Russia.

09.11: Danny Simpson is reportedly having a medical at Manchester United ahead of his move to Newcastle. He won't have to go far as he's already on loan at St James' Park.

08.49: The future of Guus Hiddink is still up in the air after his agent claimed he was being tracked by four clubs and that he would be talking to the new Russian FA president about his position.

08.40: Real Madrid have never made a secret of their admiration for Roma midfielder Daniele De Rossi, and will return to sign the player even though he has stated his desire to stay in Italy, according to reports in Spain.

08.22: Pedro Mendes has reiterated his willingness to quit Rangers for Sporting Lisbon. ''It would be difficult to reject a move to Sporting because I am Portuguese and this move could have a big influence on my family life,'' he said.

08.19: Leeds United manager Simon Grayson has suggested Jermaine Beckford has agreed a deal to join Everton at the end of the season. Sorry Newcastle, even if you do make it to the Premier League next season, he still doesn't want to join you.

07.59: Celtic boss Tony Mowbray has played down talk linking Arsenal defender Philippe Senderos with a move to Parkhead. With the Swiss not getting a chance at the Emirates, he'll still be keen to find a club.

07.42: Steven Gerrard insists he remains fully committed to Liverpool after rubbishing reports of a dressing room bust-up with Rafael Benitez.

07.34: Edin Dzeko looks likely to be staying with current club Wolfsburg after the player’s agent confirmed it will cost €40 million to snatch his client away.

07.25: And an early line suggests Tottenham manager Harry Redknapp is not close to signing his main striking target as he admits his interest in Ruud van Nistelrooy has only got as far as a chance conversation between the club's chief scout and the player's agent.

07.00: Morning all, and we'll start the action off with some paper gossip:

Daily Mirror: West Ham's new owners could try to lure Fulham striker Bobby Zamora back to Upton Park, 18 months after he left the club... Tottenham full-back Alan Hutton could also be on his way to West Ham. Blackburn want to take Uruguay international midfielder Sebastian Eguren on loan from Spanish club Villarreal.

Daily Mail: AC Milan striker Klaas-Jan Huntelaar could also be heading to England in a bid to get regular first-team football ahead of the World Cup... Fulham and Hull are weighing up a move for former Tottenham striker Mido... Benni McCarthy could be heading out of Blackburn, with Turkish side Galatasaray keen to sign him... Stoke boss Tony Pulis has tabled a £4m bid for Middlesbrough midfielder Gary O'Neil.

The Times: Galatasaray are monitoring Ryan Babel's situation at Liverpool, with Dutch coach Frank Rijkaard keen on his fellow countryman.