Transfer news and rumours of the day: January 6, 2016

#3 English Premier League

Marko Grujic will be loaned back to Red Star Belgrade

- Liverpool have signed Marko Grujic from Red Star Belgrade for £5.1m. The Serbian midfielder signed a deal that will keep him at Liverpool until 2020 but he has been loaned back to Red Star Belgrade.

“I'm very excited and so proud to be here and a member of Liverpool Football Club,” Grujic told the club’s official website. “I can't wait to get started, play at Anfield and train at Melwood.”

Liverpool have also reportedly signed Polish goalkeeper Kamil Grabara, according to The Guardian. The 17-year-old from Ruch Chorzow agreed a move to the Anfield club for an initial fee of £250,000. He was reportedly at the club to finalise a deal after a medical and will go join the academy.

- Newcastle United are ready to offer more than €25 million for Lyon striker Alexandre Lacazette, L’Equipe reports.

However, the striker does not favour a move to the Magpies and is ready to stay at the Ligue 1 club at least until the end of this season. Reportedly, Newcastle submitted a bid for the 24-year-old which was rejected by Lyon.

- Gareth Bale has now emerged as a transfer target for Chelsea, The Mirror reports.

Supposedly, the Welshman is not happy with Rafa Benitez’s sacking and is looking for a move back to the Premier League. Manchester United have also stepped up their interest in the 26-year-old and it will be interesting to see as to which of the two clubs can snap him up.

- Manchester United, Chelsea and Manchester City are plotting a move for Leicester City striker Jamie Vardy, Sky Sports reports.

The 28-year-old has been in scintillating form this season and currently leads the top goal-scorers chart of the Premier League along with Romelu Lukaku.