For all the rumours, excitement and hype, just two Premier League deals have been done so far on deadline day - Christian Eriksen to Brentford and Wout Weghorst to Burnley.
Will this afternoon bring about a bit more movement? We're now less than 11 hours away from the window shutting at 23:00 GMT.
And you can follow live text coverage of deadline day here
Image source, Getty ImagesMatt Rowson, BHaPPY blog, external
Whilst focus has been on the latest change at the helm, it’s significant how quickly Watford addressed the squad’s most obvious deficiencies in the opening days of the January window in contrast to more limited activity elsewhere.
How adequate these recruits will prove to be time will tell, but for now Kamara, Samir and Kayembe address deficiencies at left-back, centre-back and defensive midfield respectively, whilst more recently Samuel Kalu, our fifth Nigerian recruit since the summer, came in to provide cover for Sarr on the right.
With 28 senior pros over the age of 21, there will need to be outgoings. Danny Rose will not make the 25 while others may be parked at Udinese, their ongoing usefulness dependent on which division we play in next season.
Follow all the transfer deadline day updates in our live page
Image source, Getty ImagesIt's the final day of the transfer window and we've been asking for your thoughts on Watford so far and if you're hoping for any last-minute moves from Roy Hodgson.
Here are some of your comments:
Christopher: Watford need a central defender, a box-to-box midfielder. But, mainly they need confidence. When they played Manchester City, they looked scared to be on the same pitch. But we need stability in the manager's office.
Steve: Watford could do with another upgrade at centre-back but I can't see any more players coming in. More like two or three leaving. Kabasele and Rose to be left out of the 25-man squad?
Kenneth: Watford have been poor for many seasons and regardless of what manager is appointed by the club the problem is the players. The majority are not good enough.
Let us know what you want to see from Watford before the transfer window shuts
Whether it turns out to be a day of high drama or ultimately a bit of a damp squib for your club, you can still rarely take your eye off transfer deadline day.
Are you hoping for a rush of late deals or expecting a relatively quiet one?
Either way, you can follow live text coverage throughout the day here
The window shuts at 23:00 GMT, which means your team now has less than 16 hours to sneak in any late business. Better get a wriggle on!
Image source, Getty ImagesGeoff Doyle, BBC Three Counties Radio
Watford have signed four players so far in the transfer window and it's been typically Watford business. All four are overseas signings for relatively small amounts of money and the players have decent backgrounds but no Premier League experience.
The most recent signing was Bordeaux winger Samuel Kalu. The Hornets have reportedly been tracking him for some time. There must be close links somewhere as he becomes the fourth Nigerian international in the squad alongside William Ekong, Peter Etebo and Emmanuel Dennis.
His highlights reel is impressive, but he'll have to prove he can translate those skills to the Premier League. He also faces a battle to get into the side as attack hasn't been the problem for Watford this season, so he will compete against the likes of Dennis, Josh King, Cucho Hernandez, Joao Pedro and Ismaila Sarr when he returns from the Africa Cup of Nations.
The other three signings (Samir, Edo Kayembe and Hassane Kamara) were completed early in the window and were much needed to add more steel to the Hornets. All three did well against Newcastle on their debuts offering hope that they might make the difference between staying up and going down. But they weren't as comfortable against Norwich in the most recent game although more experienced Premier League teammates didn't help them much.
New signings will take time settling in, but Watford will need them to adapt quicker than normal to help the survival cause. The Hornets are being linked with other players but wholesale changes to a struggling team midway through a season is probably unwise.
Another new signing - manager Roy Hodgson - needs to get better out of Watford players as a collective rather than as individuals.
Image source, Getty ImagesHow much can you remember about January transfers in the Premier League?
We've listed the eight biggest deals completed in the winter window and want you to order them from most to least expensive.
Think you can do it? Have a go here
Will there be any big money deals before this year's transfer window shuts? Will your club be breaking the bank? Follow our live text from 07:00 GMT for all the latest rumours and confirmed deals this deadline day.
There are just three days left in the January transfer window, so here's your latest round-up of the best Watford transfer gossip to drop so far:
New boss Roy Hodgson is keen on bringing Aston Villa winger Ashley Young back to Vicarage Road - but Watford face competition from relegation rivals Newcastle and Norwich for the 36-year-old. (Teamtalk), external
However, Hodgson has insisted he is happy to work with the squad he has and will not be pushing for new signings. (Sky Sports), external
Elsewhere, Swansea City are targeting a loan move for midfielder Domingos Quina, with the 22-year-old struggling on loan at Fulham. (Wales Online), external
You can also get all the best transfer chat via our gossip column here and track every done deal throughout January here.
How do you feel about Watford's January business? Have your say here.
Catch up with all the latest transfer news by tuning into the Transfer Gossip Daily podcast on BBC Sounds.
Image source, Getty ImagesMike Parkin, From the Rookery End, external
With a few days of the January transfer window to go, it feels as though our business may be done.
The Hornets have made headlines throughout the month, bringing in three new defensive players early in the window, changing head coach (again) and then most recently adding Nigerian winger Samuel Kalu to the ranks.
Ismaila Sarr is returning to fitness after a long-term injury, and he will feel almost as good as a new signing, while Imran Louza and Adam Masina are also due back at the conclusion of Afcon, bolstering the squad further.
Fellow supporters may still point to the defence as being our Achilles' heel, and the recruitment of an additional centre-back would certainly be welcomed by many.
But I think it’s likely to be a quiet end to the window, with the focus instead being on preparing the squad for what looks like a very challenging survival bid.
Are you happy with Watford's squad for the rest of the season? Let us know
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Which players should you bring into your fantasy football teams ahead of a possible double gameweek?
Alistair Bruce-Ball, Chris Sutton and the Statman Dave bring you the answer - and much more - in this week's Fantasy 606 podcast.
Being the international break you've got plenty of time to ponder your selections - you have until 18:15 GMT on 8 February until the deadline.
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Geoff Doyle, BBC Three Counties Radio
Watford announced Roy Hodgson as their new head coach yesterday. Except they didn’t. They announced him as their new manager.
This is very unusual - and significant. Watford always appoint head coaches. Their job is just to coach. They get the players they are given and have to get on with it.
So announcing Hodgson as manager is interesting. What does that mean?
Will he have a more overseeing role? Will he have a much firmer say in transfer comings and goings? Will he be involved in a long term strategy for the club and could he eventually stay on when a new head coach is eventually appointed - or is it just simply a case that he demanded to be named manager rather then coach?
Continuity is key. In the last three years Watford have gone from defensive coaches to attacking coaches, teams that press, teams that don’t, possession-based teams, passing teams, wing-back teams, 4-4-2 teams. I could go on.
Whatever ‘manager’ means, Hodgson already has flexed his muscles with the hierarchy and changed a big part of the Watford model.
Hornets fans have already been drooling over the social media video of Hodgson and his sidekick Ray Lewington (a popular former Hornets manager 20 years ago) on the training ground.
It’s amazing how basic instructions like “movement, punch it in, set, side on” and telling a goalkeeper “make some saves” can instil belief again in fans but that’s football and the majority would be happy to see their side just go back to basics and get a bit of organisation back into the team.
That’s what Hodgson will bring, amongst other things. He will first have to address the lack of confidence in the players after nine games without a win - eight of those defeats.
Image source, Getty ImagesRoy Hodgson is Watford's new manager and is now tasked with keeping the Hornets in the Premier League as the side sit 19th, two points from safety.
So is he the man to guarantee survival or are Watford doomed?
How do you feel about Hodgson's appointment as manager?
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Image source, Getty ImagesLuke Freeman: Our problems have been in conceding goals, having not had a clean sheet. Roy will help us with this and hopefully keep us up. He may also bring Ray Lewington in. Then hopefully the board will get player and coach recruitment correct in the summer and do a lot better next season. A shrewd move if you ask me - from a long life Watford fan.
Jo Lee: If Hodgson keeps us up I will contribute to a statue. The players have lost belief in themselves, so it will be a tough job for anyone.
Paul: The issue of the matter is not the coaches - it's the hierarchy and toxic players, who play as individuals and not as a team. If they will not perform for a coach such as Ranieri, then why will they perform for Hodgson? The squad is too old and not good enough. The owners have lost grip of the wheel and are heading straight into a wall.
Clive: Southampton fan here. Us little guys need to stick together. Three of us will struggle every season. Stability is key - but when you are always conceding, things have to change. Hodgson is possibly the safest pair of hands you could want. Good choice. I hope Watford, Norwich and Burnley can escape relegation. Good luck to them all.
Image source, Getty ImagesFormer Manchester City and England defender Micah Richards says VAR in the Premier League is "a shambles" after Liverpool's controversial penalty against Crystal Palace.
Referee Kevin Friend was advised to go to the monitor and overturn his decision not to award a foul on Diogo Jota by Palace keeper Vicente Guaita.
VAR has come under increased scrutiny recently after the pattern of referees heading to the monitor and subsequently changing their decision, a situation Richards says is untenable.
"We've seen VAR used well but the standard in the Premier League is just not good enough," he said on BBC Radio 5 Live's Monday Night Club.
"I've always tried to be protective of players and referees, but that was one of the worst decisions this season.
"When you slow something down, it becomes a completely different incident.
"It's a shambles at the moment."
Has VAR got worse? Let us know what you think by following your club link over here
Listen to full discussion on Premier League refereeing from 32'47 on BBC Sounds
Image source, Getty ImagesRoy Hodgson is the "pragmatic choice" to keep Watford in the Premier League, according to Mike Parkin of the From the Rookery End podcast.
"The more I think about it, the more it makes sense," he told 5 Live Breakfast.
"He's very pragmatic, a good tactician and he'll come into make Watford stop conceding so much.
"He'll also bring Ray Lewington with him, which would be a canny move to appeal to the fans."
Watford's short-term approach to managers has been questioned in the aftermath of Claudio Ranieri's sacking but Parkin says it may be what's needed at this point in the season.
"We need the results to stay in the league. If he comes in and immediately makes Watford more competitive, he will be welcomed."
Watford fans, have your say on Hodgson - will he keep you up?
