Live Transfer Blog: EPL, La Liga and Rest of Europe [18th January 2017]

Transfer news and rumours - throughout the day!

That's it for today's live blog! See you all tomorrow!

AC Milan have announced Giacomo Bonaventura has extended his contract at the club until 2020

BREAKING: Xabi Alonso is reportedly set to retire from club football at the end of the season!

CONFIRMED | @TiagoIlori4 completes move from @LFC to the Royals on a deal running until 2020! Read more here: https://t.co/Na68HyEWs2 pic.twitter.com/9f5LPnuKNl
— Reading FC (@ReadingFC) January 18, 2017

Crystal Palace are the latest club to have shown interest in signing Mamadou Sakho.

The Liverpool defender has not featured for them this season and Klopp is looking to sell him as soon as possible. West Ham, Southampton and Sevilla are said to be interested in signing him.

Jose Mourinho wants Manchester United to sell Luke Shaw

Geronimo Rulli, who has just joined Real Sociedad on a permanent deal from Manchester City has lined up for a return to the Manchester club.

Pep Guardiola wants to replace Bravo and does not want to rely on Joe Hart.

Gylfi Sigurdsson has decided snub a move to Everton and West Ham United to stay and help the Swansea in their relegation battle.

Both clubs expressed their interest in signing him this month but the former Tottenham man has decided to stay put.

Marseille are said to be confident that they willl be able to sign Crystal Palace midfielder Yohan Cabaye. The Eagles reportedly want £16m for him.

BREAKING: West Ham United players want the club to sell Dimitri Payet this month.

Several players have reportedly told the board that they would not like it if the wantaway star was at the club beyond this month. Payet has refused to play for the Hammers and is forcing a move back to Marseille.

ALEXIS SANCHEZ TO REAL MADRID?

Zinedine Zidane has reportedly set sights on signing Alexis Sanchez from Arsenal in the summer. The striker is said to be unhappy at the Emirates and is looking to leave the club soon.

James Rodriguez is in the same situation as Sanchez and he too is looking to leave Real Madrid. Los Blancos might try to take advantage of this and try to offer him in the deal to bring Sanchez to the Bernabeu.

Chelsea, Bayern Munich and Juventus are also reportedly interested in signing Sanchez while Arsenal are trying their best to tie him down to a new deal.

Antonio Conte has short-listed Romelu Lukaku, Alvaro Morata and Alexis Sanchez as his top priority strikers if Diego Costa decided to leave.

Chelsea have received a £80 million offer for the Spanish striker and he's said to be keen on leaving the club to join the Chinese side, Tianjin Quanjian. The Chinese Super League side have confirmed that they have agreed personal terms with the former Atletico Madrid star and are trying their best to agree a fee with Chelsea.

Lukaku was sold by Chelsea during the 2nd Jose Mourinho era and he's been in fine form for Everton ever since. Morata was a target for Chelsea in the summer but Real Madrid refused to sell him.

Alexis Sanchez is reportedly frustrated at Arsenal and is looking to leave them in the summer. Bayern Munich and Juventus are also keen on signing him.

Manchester United have reportedly offered Zlatan Ibrahimovic a new contract so that he can extend his stay at the club until 2019.

The former PSG striker has scored 19 goals already this season and is leading them from the front for a Top 4 finish. His current deal at the club expires in the summer but he has an option to extend it by a year. But now, Manchester United want him to stay beyond that extra year and finish his career at Old Trafford itself.

Leicester City striker, Leonardo Ulloa has handed in a transfer request to the Premier League champions.

The Argentinian striker has attracted interest from Middlesbrough, West Brom, Stoke City and West Ham United and is keen on leaving the King Power stadium for more game time. He's hardly featured for Leicester City this season and is not happy with that.

Manchester United have reportedly accepted an improved offer of £13 million Lyon for Memphis Depay.

The winger arrived from PSV 18 months ago but has never managed settled in the first team. Van Gaal gave him chances but Mourinho has not opted to play him at all in important matches.

Hello and welcome to today's Live Transfer Blog! I'm @falsewinger and I will be with you throughout the day to keep you updated with all the latest happenings in the transfer market!