Transfer News LIVE: Manchester United join City in race to sign Fred after capturing Alexis Sanchez plus, Chelsea, Liverpool and Arsenal latest
- Alexis Sanchez has finally completed his move to Manchester United
- Arsenal will get Henrikh Mkhitaryan in return in what will be a straight swap
- Gunners looking to sign Pierre-Emerick Aubameyang from Borussia Dortmund
- Manchester City boss Pep Guardiola identifies Fred as Fernandinho's successor
The blockbuster transfer of the January window has finally happened after Alexis Sanchez completed his move to Manchester United with Henrikh Mkhitaryan going the other way to Arsenal in a straight swap.
There is still plenty more going on elsewhere in the Premier League and across Europe, and you won't miss a thing if you stay right here.
Sportsmail will bring you news of every bid and contract offer, plus inside information on which players clubs are scouting and a few of the best transfer rumours sweeping the continent.
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SIMON JONES: Arsenal have stepped up their bid to sign Pierre-Emerick Aubameyang as Ivan Gazidis, Sven Mislinstat and contract negotiator Huss Fahmy arrived in Germany on Sunday for face-to-face negotiations.
The striker was left out of Dortmund's squad for the 1-1 draw at Hertha Berlin as the club look to resolve the Gabon's future.
Dortmund have rejected Arsenal's first bid of £44m but it is anticipated that the Gunners are set to give Aubameyang a way out of Signal Iduna Park by offering £53million for his services.
Arsenal have stepped up their bid to sign Borussia Dortmund striker Pierre-Emerick Aubameyang
LAURIE WHITWELL: Simon Grayson has emerged as a serious contender for the MK Dons job.
The League One side are interested in speaking to the 48-year-old manager after Robbie Neilson left the club.
Grayson has been out of work since being dismissed by Sunderland in October.
SIMON JONES: Derby County ran the rule over Millwall striker Lee Gregory on Saturday.
The Championship promotion chasers are looking for options despite signing Cameron Jerome as Chris Martin is talking to Sunderland and Reading while Darren Bent is weighing up a move away also.
Gregory, 29, is out of contract in the summer. He has scored four goals this season and 58 in 137 games since joining from Halifax Town in 2014.
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SIMON JONES: Leeds United have had a £4million bid rejected for West Bromwich Albion forward Tyler Roberts.
The 19-year-old is out of contract in the summer and could even sign a pre-contract with either Rangers or Marseille who both want him too.
That would mean Albion ending up with little more than £300,000 compensation for the Wales U21 international who they value highly. They have offered him a new contract and intimated he could have a role to play for Alan Pardew in the Premier league.
However, Roberts, who has been on loan at League One Walsall, is wary of staying and not getting a chance to play.
Roberts has developed this season thanks to his experience in League One and the prospect of carrying that momentum into Leeds United's promotion push is understood to be tempting for the young forward.
SIMON JONES: Derby County have had a £4million bid rejected for West Bromwich Albion forward Tyler Roberts.
The 19-year-old is out of contract in the summer and could even sign a pre-contract with either Rangers or Marseille who both want him too.
That would mean Albion ending up with little more than £300,000 compensation for the Wales U21 international who they value highly. They have offered him a new contract and intimated he could have a role to play for Alan Pardew in the Premier league.
However, Roberts, who has been on loan at League One Walsall, is wary of staying and not getting a chance to play.
Roberts has developed this season thanks to his experience in League One and the prospect of carrying that momentum into Leeds United's promotion push is understood to be tempting for the young forward.
Derby County are keeping a close eye on Millwall forward Lee Gregory (right)
West Brom are reportedly lining up a move for Newcastle outcast Aleksandar Mitrovic.
According to Sky Sports, the Baggies are keen to bolster their attack and have identified Mitrovic as a key target this window.
The Serbian has not started a league game this season and looks surplus to requirements at St James' Park.
Alan Pardew admitted earlier this month that funds are unavailable and serious investment will only be made if they can raise money by selling defender Jonny Evans.
Mitrovic joined Newcastle for £13million from Anderlecht in the summer of 2015 and has scored 14 times in his 33 appearances for the club.
JOE BERNSTEIN: Brighton are looking to add more firepower in their relegation battle by joining Aston Villa in the chase for Leicester striker Leonardo Ulloa.
Chris Hughton's side broke their transfer record on Friday by signing PSV's Jurgen Locadia for £14.5million but are still interested in Ulloa provided they can find another club for their Israeli striker Tomer Hemed.
Promotion-chasing Villa would also like Ulloa with Jonathan Kodija set to miss the rest of the season with an ankle injury.
Brighton and Aston Villa are both interested in signing Leicester forward Leonardo Ulloa
Southampton are prepared to break their club record transfer fee to sign Spartak Moscow winger Quincy Promes.
The Premier League club's record outlay was £18.1million for Mario Lemina last August but Spartak rate Holland international Promes at £30m and are refusing to budge in their valuation.
Southampton have money to spend after banking £75m from Virgil van Dijk's sale and remain in talks with Monaco also for Argentine striker Guido Carrillo.
Paul Pogba is to 'demand a sharp increase on his wage' at Manchester United as the midfielder wants to match Alexis Sanchez's £450,000-a-week deal.
The Frenchman's agent, Mino Raiola, will advise the midfielder that his current £200,000-a-week contract does not reflect his worth at Old Trafford, according to The Mirror.
Pogba has three years left to run on the contract he signed in 2016 having rejoined the club from Juventus in a record £89m deal at the time.
Paul Pogba could demand to have his wages doubles at Manchester United
JOE BERNSTEIN: German World Cup winner Andre Schurrle has been made available for loan by Borussia Dortmund with the Bundesliga club accepting they will have to continue paying half his £150,000-a-week wages.
Newcastle and Stoke are among the clubs considering a move for the 27-year-old who won a Premier League title at Chelsea under Jose Mourinho and set up the winning goal for Mario Goetze in the last World Cup final.
However, he has not featured regularly for Dortmund and the club want to make a saving on some of his salary even though they would ideally prefer to send him out on an 18-month loan.
SIMON JONES: Newcastle United have asked to take Everton striker Sandro Ramirez on loan.
Rafa Benitez is willing to sanction a move that sees Newcastle pay a loan fee of around £2m plus the Spaniard's £100,000 a week wages in full.
The 22-year-old has interest from Spain in the shape of Sevilla and Real Betis though Everton manager Sam Allardyce is reluctant to sell Sandro as he believes he can still be a success in England.
It's almost done and dusted.
Alexis Sanchez has arrived at Carrington training ground to undergo his medical and finish off the final details ahead of his swap deal from Arsenal.
The Chilean forward took a private jet and landed at Manchester airport on Sunday.
Juventus are reportedly lining up a move for Arsenal midfielder Jack Wilshere, whose contract at the Emirates Stadium expires at the end of the season.
Wilshere has been a standout performer this season and the Gunners do not want to lose him.
They are preparing a new deal for the Englishman, but it comes with a 20 per cent pay cut.
Juve are stalking his situation and are ready to pounce should Wilshere reject the deal and opt to become a free agent in the summer.
Juventus are eyeing up Arsenal midfielder Jack Wilshere on a free transfer
SIMON JONES: Everton have made further enquiries for Chelsea left back Baba Rahman and Crystal Palace's Patrick van Aanholt.
Manager Sam Allardyce is keen to add another left back on loan to cover for Leighton Baines.
Schalke are in pole position for fit again Rahman and the 23-year-old is open to a return to the Bundesliga.
Chelsea have reportedly made a loan approach for Leicester City flop Islam Slimani in their bid to sign a striker this month.
Antonio Conte has made signing a new forward his main priority in this window and saw a move for West Ham's Andy Carroll fall through this week after the striker was ruled out for four weeks with an ankle injury.
The Blues are now seeking an alternative spearhead and have weighed up moves for Roma's Edin Dzeko, Stoke's Peter Crouch, Tottenham's Fernando Llorente and Crystal Palace's out-of-form Christian Benteke.
Chelsea have reportedly made a loan move for Leicester striker Islam Slimani (left)
OLIVER TODD: Tottenham are determined to keep Harry Kane this summer - even if they receive a world-record bid.
Real Madrid have shown interest in Kane but Spurs are adamant they will not sell.
The 24-year-old striker is yet to start talks on a new contract, but Tottenham hope to open discussions at the end of the season.
Bordeaux's promising midfielder Malcom has been pictured on a plane with girlfriend Leticia Pereira but it is unknown where the Brazilian was heading to.
The £45million-rated attacker, who has been heavily linked with a move to Tottenham, was pictured travelling a day after helping the French side pick up an 1-0 victory in Nantes.
The 20-year-old was accompanied by his Bordeaux team-mate Matheus Pereria and his partner on Sunday morning as the four were pictured in high spirits on Malcom's Instagram story.
Malcom has taken a picture of himself on a plane amid potential moves to Tottenham or Arsenal
Liverpool are still in the hunt to sign Monaco winger Thomas Lemar but will likely make a move for him in the summer transfer window.
Arsenal also remain interested in the Frenchman and will wait until July to try and sign him as both Premier League clubs feel his price is too high at the moment.
Atletico Madrid could also be open to making a move for the £90million-rated forward as Antoine Griezmann continues to be linked with a move to La Liga rivals Barcelona.
Alexis Sanchez has boarded a private jet with the Chilean set to undergo a medical at Manchester United's Carrington training ground on Sunday.
Sanchez was due to arrive in Manchester later on Sunday to complete his swap deal from Arsenal, with United manager Jose Mourinho declaring: 'I think we are going to be successful.'
The 29-year-old forward has jetted off ahead of his medical and posted a video of himself about to board a plane in an Instagram story.
Alexis Sanchez has boarded a private jet ahead of his Manchester United medical
Sanchez posted the video of himself about to board the plane on his Instagram story
The Chilean will undergo a medical at United's Carrington training ground on Sunday
Inter Milan will make their move for Liverpool striker Daniel Sturridge when Gabriel Barboas secures his return to Brazil.
Liverpool are open to selling the England striker if their £30million valuation is met, but reports in Italy suggest he could still be set for a loan move to the Serie A club.
The front page of Gazzetta dello Sport reveals that any move is contingent on Gabigol securing his own exit from the San Siro.
Roma legend Francesco Totti has teased Edin Dzeko amid speculation he will move to Chelsea this month.
Totti, who is now the director at Roma after enjoying a 24-year playing career with them, joked with Dzeko as the pair boarded a train ahead of their trip to Inter Milan.
The 41-year-old joked: 'This train isn't going to London right?' with Dzeko replying: 'Not yet!'.
Watford have sacked Marco Silva and have blamed Everton's 'unwarranted approach' for him for derailing their season.
The Portuguese boss had been doing a sturdy job with Watford sat in eighth position after 13 games in the league and just four points off the top four.
But Watford have now decided to take the action to dismiss Silva after one victory in their last 11 Premier League games - the worst form of any side in the league - has seen them dragged into the relegation mix.
Marco Silva has been sacked by Watford
SIMON JONES: Manchester City are pushing for Shakhtar Donetsk midfielder Fred after proposing a £50million deal to secure his signature in January.
Shakhtar are reluctant to lose the Brazilian while they are still in the Champions League but City are wary of rival interest from the likes of Manchester United and want to get a deal tied up.
Shakhtar had planned to sell winger Bernard to China but a proposed deal has now fallen through. City's offer can help Shakhtar as they consider a stadium move also amid security fears.
Manchester City are weighing-up a £50million move for Shakhtar Donetsk midfielder Fred
SIMON JONES: Stoke City have made a £3.25million bid for New York City winger Jack Harrison.
The former Liverpool and Manchester United academy prospect has proved a big success in the MLS and earned a call-up to the England U21 squad earlier this season and made his debut as a substitute against Scotland.
A number of Premier League and Championship sides have followed his progress but Stoke have moved to table an offer that will also include add-ons.
The 21-year old scored ten goals last season. He was born in Stoke before moving to Bolton as a boy and the family re-located to Massachusetts in USA when he was 14.
Good morning folks and welcome to Sportsmail's Transfer News Live.
Stay tuned as we will be bring you all the breaking and developing transfer stories throughout the day.
There will be plenty going on with Premier League club's scurrying around to get deals done before the deadline in 10 days' time.
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