ESPNsoccernet's On the Move transfer blog is where you will find a hearty round-up of all the rumours and signings during the January transfer window. Get your teeth into the below to find out which player(s) your side are being linked with today.

Rooney is said to want out. © Getty Images

23.59 GMT: That's all folks. Join us again once more tomorrow when we might find out who gets to spend QPR's cash this month.

23.31 GMT: Chelsea winger Gael Kakuta has opted to join Dijon on loan after weighing up his options and a move is almost complete. Remember all that fuss about him when he signed for the Blues? Seems like he hasn't really cut the mustard at Stamford Bridge.

22.47 GMT: Junior Hoilett could be set to leave Blackburn this January and Tottenham have been sniffing around. However, Bolton have now joined the hunt for the midfielder and could be willing to pay up to £8 million to bring him in.

22.00 GMT: Championship side Reading are lining up a move for Shamrock Rovers striker Karl Sheppard, according to Sky Sports. The 20-year-old spent three years at Everton before moving to Ireland.

21.45 GMT: Ledley King and Willam Gallas are both out injured, so Tottenham may have to dip into the transfer market for another defender. Harry is a known admirer of Gary Cahill, so could he be set to pounce to pluck him out of the clutches of Chelsea?

21.12 GMT: At the age of 26, Barcelona B striker Jonathan Soriano must be getting a little tired of not being able to make his name in a first-team. Therefore, he might be pleased to note that O JOGO reports Benfica are interested in signing him.

20.53 GMT: Ukrainian side Dnipro have rejected an offer from Fulham to sign their Ghanaian midfielder Derek Boateng.

20.02 GMT: Ipswich Town have completed the loan signing of Reading goalkeeper Alex McCarthy.

19.35 GMT: Borussia Monchengladbach midfielder Marco Reus has explained why he chose Borussia Dortmund over Bayern Munich, claiming the Westphalians are more likely to be successful than the Bavarians. He rejected claims from Munich that he chose not to move to them out of fear he would not play regularly by saying that he just does not think they are good enough for him.

"If they want to think that, then let them think it - it does not bother me,'' he said. "I decided this way because I feel there is more potential (in Dortmund) for playing in Europe and measuring myself against the best. In my eyes, Dortmund are the better club.''

18.44 GMT: Eric Abidal is believed to be a possible target for Arsenal as they look for a full-back on loan.

17.57 GMT: Rangers boss Ally McCoist says St Johnstone's Francisco Sandaza is just one of his target. "I'll have a chat with Craig [Whyte] and see where we are on that one," McCoist said of 27-year-old Sandaza. "He is just one of a number of forwards that I'm really, really interested in."

17.14 GMT: Spurs midfieldeer Niko Kranjcar says he will not be leaving this month:"I still believe my future is here,'' Kranjcar said. "I know the next few months I want to stay, get in shape and hopefully have a good Euro 2012."

16.38 GMT: Bolton boss Owen Coyle insists skipper Kevin Davies is going nowhere in January despite the skipper losing his place: "We will absolutely not sell Kevin in the window,. He is a terrific player who has a big role to play for us in the future. He is desperate to return to the level of last year when he was playing for England."

16.21 GMT: Swansea have confirmed they want Josh McEachran on loan from Chelsea: “We’ve enquired about him,” said first-team coach Colin Pascoe. “We want him, he’ll suit us and hopefully he’ll come to us.”

15.48 GMT: Lyon's Aly Cissokho is a reported target for Arsenal but Arsene Wenger has said: "At the moment nothing, we don't have a concrete case but we don't rule it out. A loan defender is the likely scenario."

15.05 GMT: James Tomkins is on the bench for West Ham at Sheffield Wednesday today. If he is not used it could fuel rumours of a move to the Premier League.

14.16 GMT: Chris Hughton believes in-demand young Birmingham winger Nathan Redmond should stay at St Andrew's to further his development as a player.

12.00 GMT: BREAKING NEWS: Paul Scholes has signed for Manchester United until the end of the season.

11.25 GMT: Fiorentina have Arsenal striker Marouane Chamakh on their wanted list.

11.01 GMT: Raul, out of contract at Schalke this summer, wants to begin talks over a new deal.

10.23 GMT: Harry Redknapp says he still expects Giovani Dos Santos to leave Tottenham despite his Man of the Match performance against Cheltenham in the FA Cup.

10.14 GMT: Nyron Nosworthy's loan spell with Watford ends today - the defender will return to Sunderland.

The not-so surprising rumour from the Sunday morning papers sees Wayne Rooney linked with a £60 million move from Manchester United to Manchester City.

Depite both club and player rubbishing the Independent's story that Rooney would be allowed to leave, the Sunday Mirror have taken up the baton and run with it.

Here's the rest of the morning's newspaper rumours:

Sunday Mirror: Chelsea will honour the remaining 18 months of Frank Lampard’s contract - but won’t stand in his way if he wants to quit Stamford Bridge before then ... Newcastle have pledged to do everything in their power to keep 15-goal striker ­Demba Ba on Tyneside ... Manchester City are weighing up a decisive move to recruit Cheick Tiote from Newcastle ... Arsenal ready to offload Andrei Arshavin ... Aston Villa owner Randy Lerner is adamant he will not sanction a sale of Darren Bent - at any price ... Chris Samba is poised to ask for a transfer from ­Blackburn Rovers ... Norwich have checked out Bristol City top-scorer Nicky Maynard, who has refused to sign a new contract ... Barcelona wonderkid Isaac Cuenca has snubbed Manchester United, Arsenal and Chelsea to stick with the Catalan giants ... Luc Castaignos, the lanky Dutch striker currently at Inter Milan, is being offered to Premier League clubs ... James Tomkins is on Spurs’ wanted list.

People: Manchester United boss Sir Alex Ferguson is keeping tabs on Gary Cahill’s ­proposed move to Chelsea ... Liverpool and Arsenal are keen to trigger Demba Ba’s transfer release clause ... England ace Frank Lampard is on the brink of joining PSG - who are also targeting Wayne Rooney ... Blackburn's hopes of signing Esteban Granero on loan from Real Madrid are decreasing rapidly ... Spurs are planning to challenge QPR for the signature of James Collins – should they miss out on No.1 target Chris Samba ... Bobby Zamora is a target for Aston Villa - if they lose Darren Bent to Liverpool ... Martin Jol looks set to be frustrated in a bid to lure Tom Huddlestone to Fulham on loan.

Mail on Sunday: Manchester United plan to sign Luka Modric to keep Wayne Rooney happy ... Aston Villa manager Alex McLeish has claimed Robbie Keane should be able to join up with the club to begin his loan deal first thing on Monday ... Newcastle and Fulham are tracking £3million-rated Crystal Palace defender Nathaniel Clyne ... QPR will turn their attention to Manchester City's Nedum Onuoha and James Collins, of Aston Villa, if they are unable to agree a price with Blackburn for Chris Samba ... Bolton manager Owen Coyle has revealed that the only remaining sticking point in defender Gary Cahill’s projected transfer to Chelsea was the player’s negotiations over personal terms ... Henry arrival delays Arsenal's Podolski bid ... Paul Scholes and Manchester United are considering a dramatic comeback.

Daily Star on Sunday: Liverpool bad-boy Luis Suarez is Europe’s £30million wanted man. La Liga leaders Real Madrid, loaded French outfit Paris St-Germain and Serie A giants Inter Milan and Juventus would all be interested ... Liverpool will lead the £10million chase for Newcastle hot-shot Demba Ba ... The Carlos Tevez saga is expected to come to an end this week with the AWOL Manchester City striker joining AC Milan.