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Manchester United ready to spend £70m on Monaco's Bernardo Silva

The winter transfer window is now in full swing! As usual, Transfer Talk has its finger on the pulse when it comes to which rumours are picking up steam. Check out all the latest deals here.

TOP STORY: Mou ready to splash the cash

Manchester United have spent lavishly since Jose Mourinho arrived, but this summer they are prepared to ramp it up another level with the Sun revealing Monaco star Bernardo Silva is one of their prime targets.

The Portuguese No.10 would cost an enormous £70 million, yet money appears to be no object as the former Chelsea boss continues to assemble his star-studded squad.

The Red Devils are also reportedly confident of landing Antoine Griezmann for £85m, and the 22-year-old attacking midfielder could follow, though Mourinho will face competition in the form of Real Madrid.

With seven goals and six assists, Silva is part of a highly entertaining Monaco side who will become familiar to United fans next month when his side take on Manchester City in their Champions League last 16 tie.

LIVE BLOG

22.00 GMT: Well, folks. That wraps up our Thursday live blog, but be sure to check back in just a few short hours for the best of the Friday morning back pages!

21.50 GMT: A price has been put in place for Chelsea goalkeeper Asmir Begovic, according to the Mirror. It's going to take £12 million for Bournemouth to take the Bosnia international from the Blues.

21.36 GMT: Earlier today, we reported that Gabriel Jesus has finally been given clearance to play for Manchester City and will be eligible to take part in Saturday's Premier League clash with Tottenham.

What can Pep Guardiola & Co. expect from the Brazil starlet? Our Steve Nicol and Alexis Nunes assess.

21.26 GMT: Club America has still yet to complete a transfer for Cerro Porteno's Paraguay international striker Cecilio Dominguez, according to reports from Mexico. The transfer is expected to go through on Thursday afternoon or Friday in time for the player to debut against 2016 Apertura champions Tigres at the weekend.

21.10 GMT: West Brom have been active in the transfer market of late, with the BBC reporting that Hull midfielder Jake Livermore is set to have a medical with the club as he closes in on a £10m move.

But wait, there's more! The Baggies are also said to be enquiring about Watford striker Odion Ighalo, who has long been a prospect for manager Tony Pulis.

20.52 GMT: Tottenham striker Vincent Janssen has turned down the chance to leave the club for Galatasaray, according to the player's agent.

Janssen, 22, joined Spurs on a four-year contract for £17 million in July, but has yet to score from open play and was not included in Mauricio Pochettino's team for the last two league matches.

20.35 GMT: One "last and final offer" to Everton for Gerard Deulofeu? AC Milan general manager Adriano Galliani says a bid has been made for the Toffees man.

"We've made a new offer for Deulofeu, which is a loan deal which we will pay a fee for and which will include an option for a permanent move," Galliani told reporters at Casa Milan. Read the full story here.

20.18 GMT: More on Asmir Begovic! Yes, as reported earlier in this live blog, it is understood that Chelsea rejected Bournemouth's first offer for the out-of-favour goalkeeper, but he may be allowed to leave Stamford Bridge after all, according to the Telegraph.

Negotiations are set to continue, and the Bosnia international -- who has made just four appearances this campaign -- could move if the Cherries' bid is right.

20.02 GMT: Middlesbrough manager Aitor Karanka is keen to steal Bojan Krkic away from Stoke City, according to the Mirror. Crystal Palace winger Andros Townsend is also an option should Boro fail to seal a deal for the Potters' man, whose current contract runs until 2020.

19.51 GMT: DONE DEAL Manchester City midfielder Bruno Zuculini has joined Serie B leaders Hellas Verona on loan for the rest of the season, where he will link up with his brother Franco.

19.36 GMT: Well, we brought you updates when this move was edging closer to completion earlier on Thursday, but now it's a DONE DEAL. The LA Galaxy have signed Portuguese midfielder Joao Pedro from Vitoria Guimaraes.

"Joao is an extremely talented midfielder who has experience playing at a high-level in Portugal," said LA Galaxy general manager Peter Vagenas. "He is only 23 years old and has the best years of his career front of him. We identified him as a top target this offseason and we think he can immediately help strengthen our midfield."

19.16 GMT: Bournemouth have seen a £10 million bid for goalkeeper Asmir Begovic rejected by Chelsea, according to the Bournemouth Daily Echo.

The Cherries will reportedly continue with their pursuit of the 29-year-old keeper, who has rarely featured for the Blues since joining from Stoke in summer 2015.

19.02 GMT: Everton will not sign Algeria international and Standard Liege striker Ishak Belfodil this transfer window, the Guardian reports. Discussions over a potential move worth £10.4m did take place between the player and the Toffees, but manager Ronald Koeman was not convinced that the 25-year-old would add to his squad.

18.45 GMT: United States international Terrence Boyd will not be making a move to Huddersfield, according to Leipziger Volkszeitung's Guido Schafer, who reports that negotiations have broken down between the RB Leipzig striker and the Championship club.

Boyd is said to be uninterested in a loan move and was equally unwilling to take a pay cut to move to England.

18.28 GMT: Vitoria Guimaraes midfielder Joao Pedro has been linked with the LA Galaxy, according to Diario Record in Portugal. The deal is rumoured to be worth around €1 million.

18.12 GMT: This just in! West Ham have agreed an £8 million fee with Southampton for unsettled defender Jose Fonte, sources close to the Hammers have told ESPN FC. Read more here.

17.55 GMT: Will Ashley Young be the next big name to make a move to China? The Manchester United winger is reportedly the subject of a big offer from Shandong Luneng of the Chinese Super League, according to the Mirror.

West Brom are one of a few Premier League clubs interested in signing the former England international, but a move to China could earn him a £16 million net in salary in over three years.

17.30 GMT: And a little more from the Hammers, with striker Jonathan Calleri determined to leave this month and blaming the club for his Premier League nightmare, sources have told ESPN FC.

17.20 GMT: West Ham are moving closer to the signing of Southampton defender and captain Jose Fonte, according to the Mirror. It says that after the rejection of a £7 million bid, West Ham boss Slaven Bilic will now offer £8 million -- and that "is likely to get the go-ahead."

17.15 GMT: DONE DEAL A new arrival on loan at Stevenage:

16.57 GMT: Hull City are waiting for new offers for winger Robert Snodgrass after West Ham fell short with an offer of £6 million rising to £7.5 million, the Guardian reports.

16.30 GMT: Earlier on, we told you that Leicester City striker Leonardo Ulloa was prepared to hand in a transfer request -- and now he has, the Leicester Mercury reports. Alaves are interested in the former Brighton player.

16.27 GMT: DONE DEAL Fleetwood Town have re-signed their former player Wes Burns from Bristol City:

16.17 GMT: Emmanuel Adebayor has told AFP he rejected a move to Lyon in order to be able to play for Togo at the African Nations Cup.

Adebayor, who has been without a club since leaving Crystal Palace at the end of last season, is captaining his country at the tournament in Gabon.

16.12 GMT: Everyone's been talking about the money Chinese Super League clubs have to offer, but their spending has now been officially reined in.

Cubs will face further difficulties in their attempts to spend huge sums on foreign and domestic players after the Chinese Football Association (CFA) threatened to expel those who overspend in the Chinese Super League (CSL) in a new 18-point directive.

16.03 GMT: DONE DEAL A new arrival for League One playoff hopefuls Millwall, who have strengthened their defence with Reading's Jake Cooper. Winger Jed Wallace, meanwhile, is back on loan from Wolves.

16.00 GMT: Luke Shaw is content at Manchester United and the club are happy with him, according to his agent. The Independent had reported that Shaw, 21, is "almost certain" to be on his way out of the club, but the player's agent, Jonathan Barnett, told IBTimes UK: "I am angry with these reports."

15.52 GMT: Not only are Marseille keen to re-sign Dimitri Payet from West Ham United, they also want to bring in Crystal Palace's Yohan Cabaye and have "indicated an interest" to the London club, the Guardian reports.

15.47 GMT: Hull City are closing in on the loan signing of Olympiakos defender Omar Elabdellaoui, sources close to the club have told ESPN FC. ESPN FC revealed earlier this month that the Tigers were among several Premier League clubs lining up a move for the Norway international full-back.

15.40 GMT: DONE DEAL Morecambe have brought in Everton attacking midfielder Antony Evans on loan for the remainder of the season:

15.35 GMT: Bournemouth have joined Burnley in the race to sign Norwich's Robbie Brady, sources close to the player have told ESPN FC.

A number of clubs have shown an interest in Brady, with Leicester City, Newcastle United and Aston Villa all linked with moves for the Republic of Ireland international.

15.33 GMT: Aston Villa are closing in on a move for Nottingham Forest midfielder Henri Lansbury, according to Sky Sports, which says a fee of around £3 million has been agreed and a deal could be completed on Friday.

15.20 GMT: Southampton boss Claude Puel kept his cards close to his chest regarding the club's movements in the January transfer window.

15.07 GMT: Hull City have accepted West Bromwich Albion's bid of around £10 million for midfielder Jake Livermore, Press Association Sport reports.

Livermore, 27, will now hold talks with the club ahead of Saturday's Premier League visit of Sunderland and would become the Baggies' first signing of the January transfer window.

14.49 GMT: Liverpool fans won't be happy to hear former Barcelona star Rivaldo talking up a move to Catalonia for Philippe Coutinho. But that is what he has been doing.

He said: "I think that this transfer might happen because Barcelona is always going to attract the best, isn't it? He is one of the players who stands out and I believe that this transfer -- if he goes to Barcelona -- would be a good thing for Barcelona for sure.

"He is a player who would definitely help Barcelona. Of course, Barcelona is a big club, but with a player like him, it would definitely be a big help."

14.27 GMT: West Ham boss Slaven Bilic had a fair bit to discuss in his news conference today including the potential departure of Dimitri Payet and arrival of Jose Fonte. That story is here and he also discussed Michail Antonio's future, amid reported interest from Chelsea.

14.15 GMT: Speaking following his move to Middlesbrough, Patrick Bamford has said he is open to rejoining Chelsea one day.

"I've put Chelsea behind me now, but I really enjoyed working with the staff and the players there. I'll remember my time there fondly," he told talkSPORT. "But I'm not closing the door on Chelsea. You never know what will happen in the future, depending on how well I do."

14.02 GMT: Jorge Messi has said "there is no danger" of Lionel Messi leaving Barcelona, according to Cadena Ser journalist Manu Carreno.

Messi's father did not want to speak publicly on the matter, but did reportedly reassure Carreno, and thus Barca fans, that there is nothing to worry about.

Messi is into the final 18 months of his contract at the club and there has been speculation he could leave for Manchester City. Ill-advised remarks from club director's last week increased that speculation, but the Blaugrana remain confident of agreeing new terms, with Sport saying a contract offer is imminent.

13.45 GMT: Sheffield Wednesday and Aston Villa have both been linked with Middlesbrough striker Jordan Rhodes, but it will cost them a fair bit to land him.

13.37 GMT: Carl Jenkinson might not be happening, but Big Sam's Crystal Palace recruitment drive motors on regardless.

Palace have made enquiries for Tottenham Hotspur defender Ben Davies as Allardyce looks to bring in a new left-back, sources close to the Eagles have told ESPN FC.

Davies has found himself behind Danny Rose in the pecking order at Tottenham and has only started three Premier League games so far this season.

13.20 GMT: Bad news for Leicester City! Leonardo Ulloa is prepared to hand in a transfer request in a bid to resolve his future.

The 30-year-old and his representatives held talks with the Premier League-winning club last night, with an offer from Alaves on the table, sources have told Press Association Sport.

13.04 GMT: Aston Villa look set to continue their big-spending attempts to return to the Premier League with a £3m move for Nottingham Forest midfielder Henri Lansbury.

Since relegation the Villans have signed 10 new players at a reported cost of over £50m.

12.49 GMT: Niklas Sule has described signing for Bayern Munich as "a once in a lifetime opportunity," insisting "a move to England wasn't yet right" after opting to join the Bundesliga champions ahead of Chelsea earlier this month. Story here.

12.40 GMT: An update on the Carl Jenkinson situation... Sources close to both Arsenal and Crystal Palace have confirmed to ESPN FC that the right-back's move to Selhurst Park has indeed fallen through. Story here.

12.33 GMT: West Ham boss Slaven Bilic may have said earlier today that Jose Fonte is not having a medical at the club, but sources close to the Hammers have told ESPN FC that they are in talks to sign the unsettled Southampton defender. Story here.

12.12 GMT: Riccardo Orsolini is at Juventus to undergo his medical ahead of signing from Ascoli...

12.05 GMT: Arsene Wenger was asked at his news conference this morning about whether Arsenal had made any progress in their attempts to sign Mesut Ozil and Alexis Sanchez to new deals... "No," was Wenger's response. That's that, then.

12.00 GMT: Borussia Monchengladbach are set for another round of contract negotiations with reported Manchester City and Liverpool target Mahmoud Dahoud, sporting director Max Eberl has confirmed, after seeing him turn down their initial offer of a new deal. Story here.

11.51 GMT: West Ham manager Slaven Bilic has also denied that Southampton defender Jose Fonte is having a medical at the club, but did say: "There are one or two players we need, it will not be easy, but we are trying. Hopefully we'll have something to announce in 24 hours."

11.47 GMT: West Ham boss Slaven Bilic has a warning for any clubs interested in signing the unsettled Dimitri Payet... "We are not going to sell our best players on the cheap just because somebody wants to sign them," he told a news conference. "Payet's departure is not inevitable."

11.38 GMT: DONE DEAL Schalke have loaned out Fabian Giefer to Bristol City for the rest of the season...

11.29 GMT: Arsenal boss Arsene Wenger revealed earlier today that Carl Jenkinson's move to Crystal Palace is still not finalised, saying: "It's basically down to him now to find an agreement with them." Well, according to the Daily Mirror, the deal is now off...

11.13 GMT: Atletico Madrid coach Diego Simeone says he's "not surprised" reported Manchester United target Antoine Griezmann has plenty of suitors and won't stand in the France international's way if he wishes to move on.

"I don't tie anybody down" Simeone said. "He is in an extraordinary moment, he is working well. I'm not surprised that those that can afford him are seeking him." Story here.

10.59 GMT: And talking of West Brom, they are also edging closer to signing Watford striker Odion Ighalo, Sky Sports claims...

10.55 GMT: West Brom are closing in on a deal to sign Jake Livermore from Hull, according to the Daily Telegraph...

10.51 GMT: DONE DEAL Granada have completed the signing of Sverrir Ingi Ingason from Lokeren, with the Iceland international penning a contract with the Spanish club until 2020.

10.41 GMT: Carlos Tevez has touched down in China as he embarks on his new career with Shanghai Shenhua following his move from Boca Juniors...

10.38 GMT: And another DONE DEAL in the Championship -- Wolves have completed the signing of Andreas Weimann on loan from Derby for the rest of the season...

10.31 GMT: DONE DEAL in the Championship, where Rotherham have signed Richard O'Donnell from Bristol City...

10.15 GMT: Sources have told ESPN FC that Liverpool have rejected a loan bid from Southampton for defender Mamadou Sakho.

10.10 GMT: Andre Gray may have been linked with a move to West Ham this month, but he's more than happy to stay put at Burnley. "It [speculation] is just what happens," he said. "It's always good to hear your name mentioned in the right way but I'm happy here and I'm settled here." Story here.

09.55 GMT: Arsenal fans hoping for a big signing at the Emirates Stadium this month may be disappointed to hear what Arsene Wenger has had to say on his January transfer plans (which include not signing West Ham's unsettled star Dimitri Payet...) Story here.

09.50 GMT: Laurent Koscielny, Olivier Giroud and Frances Coquelin all extended their contracts with Arsenal recently -- and Arsene Wenger has revealed in his news conference this morning that club captain Per Mertesacker has now followed suit...

09.40 GMT: Gabriel Jesus has had this to say about playing for new club Manchester City...

"My dream in a City shirt is to win titles, to be happy and to make all of Manchester City's fans happy too," he told City's official website. "I was very pleased that the fans wanted to find out about me and were following me. When I'm presented officially and when I run out onto the pitch, I'll be playing for them."

09.24 GMT: Big news coming from Manchester City, who will finally be able to select Gabriel Jesus after he was given clearance to play for the club in Saturday's Premier League clash with Tottenham. Jesus joined City in a reported £27 million deal from Palmeiras in the summer but initially remained with the Sao Paulo club on loan. Story here.

09.16 GMT: AC Milan general manager Adriano Galliani has confirmed his club's interest in signing Gerard Deulofeu from Everton but said they are not willing to accept an obligation to make a loan deal permanent. "We are proposing a straight loan deal or a loan with an option, they are demanding a loan with an obligation," Galliani said. Story here.

09.03 GMT: Michail Antonio has sure enjoyed an impressive season so far, with his form supposedly catching the eye of Chelsea. The Sun claims, however, that West Ham will offer their player a new £70,000-a-week deal to fend off interest from the Blues.

08.49 GMT: Reports from Brazil are claiming that Lille have had an €8 million offer for midfielder Vitor Bueno rejected by Santos.

08.34 GMT: Lucas Leiva can't complain too much at the moment -- fresh from scoring Liverpool's FA Cup winner against Plymouth Argyle, the Brazilian has now been told by Jurgen Klopp that he's set to stay at the club beyond the January transfer window.

"From my point of view, yes," Klopp said on whether Lucas will be remaining at Anfield. "What is 'definitely' in this job? We have a kind of agreement, so I would say yes." Story here.

08.25 GMT: Today's front page of L'Equipe focuses on Memphis Depay's move from Manchester United to Lyon, claiming the Dutchman will sign a four-and-a-half-year contract worth €16 million with the Ligue 1 club... Depay is currently in Lyon discussing the terms of his deal.

08.14 GMT: Is Alexis Sanchez heading to Juventus, as reports in Italy have hinted at? Not if Arsenal have anything to do with it, so says the Daily Mirror. The newspaper reports that Gunners boss Arsene Wenger is adamant that Sanchez will not be sold and is hopeful that the Chilean will accept a new deal with the North London club.

08.03 GMT: Morning all and welcome to Transfer Talk -- our first stop of the day is at West Ham, who are in advanced negotiations with Southampton to sign defender Jose Fonte, according to Sky Sports. Fonte is hoping to leave St Mary's this month, having already handed in a transfer request to his club.

Liverpool and Chelsea battle for Bailey

Genk starlet Leon Bailey is the subject of a transfer tussle between Liverpool and Chelsea with the Mail reporting that both clubs are readying £20 million bids.

The Premier League duo will face stiff competition from Roma and Bayer Leverkusen for the 19-year-old, while Nice, Lyon, Everton and Bournemouth have also entered the race.

The Jamaica under-23 international has shone this term, striking eight times and laying on 10 assists for his teammates, to announce himself as one of Europe's most exciting talents.

Palace ready bid for Davies

Crystal Palace are keen on Tottenham defender Ben Davies, with the Sun detailing that a £10 million bid is set to be tabled for the Wales international.

Spurs are said to want £20m, despite Danny Rose's brilliant form meaning Davies is currently condemned to a squad role.

Sam Allardyce is reportedly desperate for a new left-back with a £10m bid for Patrick van Aanholt believed to already been knocked back this month.

Sanchez for Pjanic?

Yesterday, Tuttosport claimed that Juventus were preparing an audacious offer for Arsenal's Alexis Sanchez that would involve Miralem Pjanic heading in the other direction.

Is a legit move? Or has the Old Lady lost her senses? ESPN FC's Gab Marcotti has his say:

Stoke to table final Berahino bid

Stoke are set to make a take-it-or-leave-it £12 million bid for Saido Berahino, according to the Star, though West Brom are thought to want more.

The Baggies will ask for £14m, plus add-ons, but with the window dragging on and no sign of the player penning an extension -- despite a £60,000-per-week offer -- this will be the final opportunity to recoup some money before Berahino becomes a free agent next summer.

Tony Pulis has supposedly grown frustrated by Hull demanding double their initial £8m offer for Jake Livermore, but could still use the Berahino cash to revisit the negotiating table.

Tap-ins

- Swansea and Southampton are in the hunt for Yoric Ravet, according to the Mirror, after the French star's stunning season for Young Boys.

The 27-year-old has already chipped in with 14 assists, scoring six himself, leading to the Premier League duo attempting to prize him away in January.

The Olympiakos defender is also interesting Watford, though the Tigers are confident of securing the Norway international on a loan deal.