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LIVE Transfer Talk: Chelsea eye Leipzig's Dani Olmo if Arsenal sign Shakhtar's Mykhailo Mudryk

With the January transfer window now open around Europe there's plenty of gossip swirling about who's moving where. Transfer Talk brings you all the latest buzz on rumours, comings, goings and, of course, done deals!

TOP STORY: Chelsea eye Olmo if Arsenal sign Mudryk

Chelsea have been linked with RB Leipzig midfielder Dani Olmo, according to the Daily Mail.

Spain international Olmo, 24, is believed to be a target should the Blues fail to beat Arsenal to the signature of Shakhtar Donetsk winger Mykhailo Mudryk. Olmo has also been linked with Manchester United.

Mudryk's future is still in the balance, and while Chelsea are hoping to beat the Gunners to his signature, they're making contingency plans in case he eventually heads to the Emirates Stadium or stays at Donetsk.

Chelsea have already signed several players this window, including David Datro Fofana, Andrey Santos and Benoit Badiashile, and sources have told ESPN that they are also eyeing Marcus Thuram.

Arsenal, Chelsea, Manchester United, Newcastle United, Aston Villa, Bayern Munich, and AC Milan are interested in France star Thuram, who has six months left on his contract at Borussia Monchengladbach.

- Stream on ESPN+: LaLiga, Bundesliga and more (U.S.)

LIVE BLOG

21.00 GMT: Tottenham Hotspur have identified a successor to take over the No. 1 role in goal after Hugo Lloris, reports the Telegraph. Brentford's David Raya has emerged as Tottenham's top choice, likely in the summer.

Spurs will reportedly focus on signing a right wing-back in the upcoming January window, but see goalkeeper as a position to address in the summer.

19.46 GMT: Borussia Dortmund striker Youssoufa Moukoko is in talks with the Bundesliga club about renewing his contract, but Barcelona are interested, according to Sport.

The Spanish club are eager to try to sign him on a free transfer after reports have emerged that Moukoko and BVB are not seeing eye-to-eye on what it would cost for the renewal deal. Those differences are not insurmountable, the report says, but if Moukoko agrees to stay in Dortmund, he wants an exit clause that teams like Barcelona could pay to acquire his services.

18.51 GMT: France international Marcus Thuram is attracting big interest from Premier League clubs, sources have told ESPN. With only six months left on his contract at Borussia Monchengladbach, he could be a free agent to watch over the summer, and could even be available in January for a reduced fee. Read more in ESPN's Insider Notebook.

17.57 GMT: Sky Sports reports that Southampton are hoping to boost their Premier League survival hopes by signing Japan international forward Daizen Maeda from Celtic with the Scottish club already bidding for another Asian World Cup star, South Korea's Cho Gue-Sung.

Southampton are rock bottom of the Premier League having scored just 15 goals in the competition so far. Saints manager Nathan Jones has said he wants to bring in "three or four" new players this month, and Maeda is on his wishlist.

Maeda, 25, scored against Croatia in the round of 16 at the World Cup, and has continued his scoring form with two goals since returning to Scotland, including one against Rangers in Monday's Old Firm game.

If Maeda, who has scored 14 goals in 49 appearances since joining Celtic a year ago, leaves then Bhoys boss Ange Postecoglu is already working on his replacement by making a £3m bid for Cho.

The Jeonbuk Hyundai Motors striker scored two goals against Ghana in Qatar, adding to the 17 he netted in 30 K-League 1 appearances in 2022.

- Ogden: Predicting the Premier League relegation battle

17.03 GMT: Newcastle United and Arsenal are following Alejandro Balde's renewal talks with Barcelona with interest, according to Diario Sport.

Balde, 19, is out of contract in 2024 and Barca are keen to tie him down to a new long-term deal to reward him for his performances in the first team this season. Talks with his agent, Jorge Mendes, are thought to be going well, but Barca's financial situation is slowing down an agreement.

As things stand, the Catalan club are unable to register any potential new terms within their LaLiga-imposed spending limit. Newcastle and Arsenal, therefore, are reportedly monitoring the situation and are ready to step in if no new deal is signed before the summer.

Barca want to keep Balde at the club but if a new contract is not signed when he moves into the final year of his deal, they may be forced to listen to offers for the young left-back.

Balde has been a regular at left-back in Xavi Hernandez's side this season, despite competition from Jordi Alba and Marcos Alonso, and was part of the Spain squad at the World Cup in Qatar.

16.11 GMT: Manchester City are planning to revamp their midfield in the summer but will wait to learn whether Bernardo Silva and Ilkay Gundogan are set to stay before deciding on the level of investment required, sources have told ESPN's Rob Dawson.

City are interested in signing Jude Bellingham if he leaves Borussia Dortmund, but the Premier League champions will face competition from Liverpool and Real Madrid, while the England midfielder will command a transfer fee of over £100 million plus some hefty add-ons. There is also acceptance that they may need to bring in more than one new midfielder if both Silva and Gundogan leave.

Gundogan, 32, has a contract at the Etihad Stadium until the end of the season and is set to wait before deciding whether to move or extend his stay. Silva, meanwhile, has made no secret of his desire to leave after six years at the club, and while Pep Guardiola will not stand in his way if he's determined to move, City will expect a sizable fee. Silva, 28, is under contract until 2025 and has attracted interest from Barcelona and Paris Saint-Germain, with the Camp Nou club making plans to land him last summer.

City signed Kalvin Phillips from Leeds United in the summer for a fee that could rise to £45m, although the midfielder has made only four appearances so far this season.

Bellingham, 19, is considered a key transfer target ahead of next season, but it's not considered a simple deal given his future star status, even though sources have told ESPN that City have a good relationship with Dortmund after signing both Erling Haaland and Manuel Akanji.

- Notebook: Man City to rival Liverpool, Madrid for Bellingham

15.18 GMT: Zinedine Zidane rejected an approach from the U.S. Soccer Federation to take over as head coach of the U.S. men's national team, sources have told ESPN's Julien Laurens.

Zidane, via his agent Alain Migliaccio, was asked if he would be interested in succeeding Gregg Berhalter on the U.S. bench, to which the Frenchman politely declined.

The 1998 World Cup winner, who turned 50 last June, has been without a club since the end of his second spell in charge of Real Madrid in the summer of 2021, but he has his eyes firmly set on the France job at some point.

With the announcement Saturday that Didier Deschamps' contract as France coach has been extended until 2026, Zidane will have to wait a few more years and might take a job in the meantime.

But it will not be with the U.S. team, nor will it be with the national teams of Brazil or Portugal, who were also keen on the three-time Champions League-winning coach.

14.24 GMT: Brighton & Hove Albion chief executive Paul Barber has addressed the transfer status of Liverpool and Chelsea target Moises Caicedo.

According to Sky Sports. Liverpool and Chelsea are among a host of clubs monitoring the 21-year-old, who has been in impressive form this season and caught the eye with his performances for Ecuador at the World Cup.

"I'm pleased to say we haven't had any [offers]," Barber told CBS. "Maybe they [Liverpool] haven't got my email because I haven't seen any."

Former Brighton manager Graham Potter joked last summer when asked about a possible £42m exit for Caicedo that "you'd probably get his boots for that from the chairman -- maybe!" Now Barber believes that the player's value has gone up even more.

"I'm not sure £42m will even include the boots now, maybe just the laces," he said. "But joking aside, every player's value is ultimately determined by the market. Graham's comments were part in jest but part serious because Moises has been an exceptional player for us.

"Since he came to the Premier League, he has developed all the time. He's a young man with a great attitude, fantastic work ethic and a very nice human being off the pitch. So all those things contribute to the value of a footballer should it come to that moment to sell."

13.29 GMT: Manchester United are interested in signing Wout Weghorst on a short-term deal until the end of the season, sources have told ESPN's Rob Dawson and Mark Ogden.

Weghorst is currently on loan at Turkish side Besiktas from Burnley and would have to be recalled before any potential move to Old Trafford. Sources have told ESPN that United have held discussions with Burnley and Weghorst is keen on the transfer if terms can be agreed.

The 30-year-old scored two Premier League goals for Burnley last season but has scored eight times in 17 appearances for Besiktas this term. He also scored twice for Netherlands in their dramatic World Cup quarterfinal against Argentina before Louis van Gaal's side went out on penalties.

Weghorst appeared to wave goodbye to Besiktas supporters after scoring in a 2-1 win over Kasimpasa on Saturday.

United are looking to sign a striker in the January transfer window following the departure of Cristiano Ronaldo. The club are only looking at low cost deals after a larger than expected transfer spend last summer and have considered targets including Memphis Depay, Alvaro Morata, Joao Felix and Vincent Aboubakar.

12.35 GMT: Randal Kolo Muani is attracting interest from many Premier League clubs including Man United and Chelsea, sources have told ESPN's Julien Laurens, but the France striker is keen on finishing the season with Eintracht Frankfurt before assessing his options in the summer.

The German club, who will face Napoli in the Champions League round of 16, want to keep the 24-year-old for the remainder of this campaign before perhaps allowing him to leave in the summer if a suitable offer is received. Their desired transfer fee for the Parisian, who arrived on a free transfer last summer from Nantes, is likely to be up to €90m as he will still have four years left on his contract and, sources have told ESPN, doesn't have a release clause.

Kolo Muani's excellent World Cup, on the back of a strong club season so far (22 games, eight goals and 10 assists in all competitions), have alerted some top clubs. At 24, he is a late bloomer, having not gone through an academy and only making his Ligue 1 debut two years ago.

However, Kolo Muani is happy and settled in the Bundesliga, and it would be his preference for his next club to be in the same league. If Frankfurt are back in the Champions League next season, he would not be against staying, but Bayern Munich, who are still looking for a long-term replacement for Robert Lewandowski, and Borussia Dortmund, who are yet to commit Youssoufa Moukoko to a contract beyond the end of the season, are also admirers of the forward.

11.42 GMT: Brentford manager Thomas Frank says he hopes that Romeo Beckham can make his way into the Bees' first-team squad after signing for the club's B team.

Beckham, son of former England captain, David, had been training with the Premier League club's reserve side for the past three months in order to keep fit following the conclusion of Inter Miami II's season in MLS Next Pro. Last week, it was announced that the 20-year-old had officially signed on loan until the end of the season.

"Yeah, I've seen him," Frank told reporters ahead of Saturday's 1-0 loss to West Ham (stream the replay on ESPN+ in the U.S.). "I think he's an interesting player. We hope, of course, like a lot of others that he can make it to the first team.

"Yeah, [he is] promising. Anyone who has got a contract here -- be it a permanent deal or loan deal -- there is always the opportunity to stay, of course.'

10.46 GMT: Atletico Madrid want a £9.5m loan fee from any Premier League club interested in forward Joao Felix and an obligation to make the deal permanent for £70.5m, according to the Daily Mirror.

Sources told ESPN's Alex Kirkland and Rodrigo Faez last month that Felix is one of several players made available for transfer by Atletico in January as the LaLiga club look to balance their books by moving on between three and five players.

Manchester United and Arsenal are two English clubs who have been linked with interest in the 23-year-old.

Felix joined Atletico from Benfica for €127m in July 2019 as one of the most highly rated teenagers in European football, intended as a replacement for the Barcelona-bound Antoine Griezmann.

The Portugal international has struggled to make a consistent impact at the Metropolitano stadium. However, sources told ESPN that club executives and coach Diego Simeone still believed that he would go on to become a world-class star and would like to give him another chance to do so at Atletico, but would now be willing to listen to offers.

- Lowe: Felix was right player, wrong place, wrong time for Atletico

09.53 GMT: Brighton & Hove Albion manager Roberto De Zerbi has explained his decision to drop Leandro Trossard, who has been linked with interest from Chelsea and Newcastle United.

Trossard was not named in the squad for Saturday's 5-1 FA Cup win at Middlesbrough (stream the replay on ESPN+ in the U.S.). After the match, De Zerbi was asked if speculation about the Belgium international's future was affecting him.

"I don't know," De Zerbi told The Athletic. "I think he's one of the best players for us and one of the most important players for us.

"I'd like to always play with Leo in the first eleven, but it doesn't depend only on me, it depends on Leo.

"I don't know, but with me I want players that work for the team on the pitch and Leandro knows very well my opinion, my idea. I've spoken a lot of times with him.

"I like him as a player, but I want more from him, because he can play better, he can work harder, he can run more on the pitch and I want players who give 100% in every training session and every game.

"Without these characteristics, then they can't play with me."

09.00 GMT: Djed Spence is increasingly likely to leave Tottenham Hotspur on loan this month in search of first-team football, sources have told ESPN's James Olley.

The 22-year-old right-back signed from Middlesbrough last summer for £19m but has made just five substitute appearances across all competitions, totalling 32 minutes this season. Although Spence is determined to make a success of his move to north London, there is a recognition on all sides that he needs to play more, with Spurs head coach Antonio Conte preferring Matt Doherty and Emerson Royal in that defensive role.

Sources have told ESPN that Spence has attracted interest from at least four Premier League clubs, plus Bayer Leverkusen in Germany, among various alternatives. However, no agreement with any club is close as of now, and Spence will assess his options now the January window is open.

An injury to Doherty or Royal could force a rethink. but as things stand, Spurs are ready to allow Spence to leave on a temporary basis.

Reports suggesting Royal could leave the club this month are thought to be wide of the mark at this stage, and one source with close connections to Tottenham has played down speculation of an imminent move for Sporting CP right-back Pedro Porro, who would cost around £40m.

Spence was again named among the substitutes for Saturday's FA Cup tie against Portsmouth, coming off the bench in the final 15 minutes of the 1-0 win (stream the replay on ESPN+ in the U.S.)

PAPER GOSSIP (by Nick Judd)

- Borussia Dortmund forward Jayden Braaf could leave the German club on loan in order to get more game time, reports Fabrizio Romano. The 20-year-old Dutch forward joined Dortmund from Manchester City in July 2022, and he boasts quick feet and electric pace. However, after picking up just seven appearances this season, both he and the club are keen for him to get more experience elsewhere, with a number of clubs interested in him.

- Crystal Palace and Everton are set to battle it out for striker Danny Ings, according to the Sun. Ings, 30, has been left out of Aston Villa's last three games by boss Unai Emery since the World Cup. Palace manager Patrick Vieira, who could see star striker Wilfried Zaha leave this month, would consider a loan move or a permanent deal, while Everton need help in the goals column in a bid to help them climb away from the bottom end of the Premier League.

- Borussia Dortmund star Marco Reus is out of contract at the end of the season, and he's subsequently become the latest target for Saudi side Al Nassr, according to the Cristiano Ronaldo with more marquee names, and Reus, 33, is said to be considering his future. The Saudi side have also attempted to enter talks with Real Madrid's Luka Modric and Paris Saint-Germain's Sergio Ramos.

- Aston Villa will need to increase their offer for Alex Moreno if they are to land the defender from Real Betis in this transfer window, according to Mundo Deportivo. Aston are keen to improve the left side of their defence and believe Moreno -- who was close to joining Nottingham Forest in August -- will provide the necessary upgrade in quality.

- Leeds United are battling Everton and Brentford to the signature of Coventry City striker Viktor Gyokeres, according to Teamtalk. Leeds manager Jesse Marsch is looking for further reinforcements beyond the signing of defender Maximilian Wober from RB Leipzig. Swedish striker Gyokeres has scored 12 goals in 25 appearances this season, with Coventry placing a £18m transfer valuation on the 24-year-old. Leeds officials believe there is room for movement in that figure, and are prepared to spend nearer £14m.