We have a confirmed Premier League signing! In the last hour, Newcastle have signed Ivory Coast striker Seydou Doumbia on loan from Roma, subject to a medical.  

• Want to know what other deals could be done in the next few hours? Then read chief football writer Phil McNulty's piece on 10 deals that may happen.
• Meanwhile, Chelsea captain John Terry says he is not being offered a new contract but a club spokesman insists he could still stay. Phil has also had his say on the matter, looking into why the Blues captain has decided to leave the Blues.
• Finally, there may not have been many shocks, but there were still some great goals in the FA Cup fourth round. Watch them all here.

Remember, the transfer window closes in 12 hours in England, with Scotland getting one extra hour to push through deals.

Dan, a depressed Chelsea fan from Formby: Along with the fax machine, apparently common sense died last week when our board allowed John Terry to leave the club. A minute's silence will be held at 12 noon. Seriously, I've lit a candle and everything.

Image source, Reuters

Simon Stone
BBC Sport

Image source, Getty Images

"Watford had a £3m bid for Jerome Sinclair turned down by Liverpool over the weekend.

"Sinclair, 18, has made two FA Cup appearances for the Reds this season.

"He scored his first senior goal in the third round at Exeter and was introduced as a late substitute in Saturday's goalless draw with West Ham.

"Sinclair does not intend to sign a new contract when his present deal expires at the end of the season and if nothing can be sorted today, he is likely to join Watford in the summer."

BBC Radio Nottingham

Nottingham Forest have confirmed that Dutch midfielder Kyle Ebicilio is still on loan at the club, and has not returned to parent club FC Twente. Forest had thought there was a clause in his loan deal that allowed them to end the spell in January, but that’s not the case.

BBC Radio Nottingham’s Forest correspondent Colin Fray says: “I understand that the Reds are seeking another club to take on the remainder of Ebicilio’s loan. They’re keen to move him on, so that manager Dougie Freedman can add to his squad on deadline day. If Ebicilio stays, that will make a new signing today less likely, due to the restriction on the number of players allowed in the squad under the terms of the FFP embargo.” 

Still, Yeovil are clearly a resourceful lot...

Andy Jones may be fighting the fax machine's corner, but Yeovil Town have had enough...  

Are reports of the death of the fax machine premature?

Image source, Getty Images

So we know Leicester are keen on adding some firepower, according to former Foxes skipper Matt Elliott (see 09:27), but what about their Premier League title rivals? 

(Leicester and title rivals...now we didn't expect to write those in the same sentence back on the last transfer deadline day.)

"There is no real movement expected from Arsenal or Manchester City – and I can see why," Elliott tells BBC Sport.

"For me they already have tremendous depth and array of talent covering all positions.

"At this stage of the season, there are very few top-class performers available and that’s what it would take to improve Arsenal or City. I don’t think there is any need for them to act.”

Alex Stewart
Football Manager computer game expert

"Doumbia has all the right attributes to get goals, with high stats for finishing, off the ball movement, and technique. He also scores highly in his determination and work rate, which makes him a good bet for leading the line as a single striker.

"He generally fails to ignite in FM, though, scoring fewer than 10 goals per season, so possibly needs the right manager to get the best from him."

We have asked Football Manager expert Alex Stewart - a man who is no stranger to snaffling bargains and spotting potential, all from the comfort of his own laptop on the popular computer game - to offer an alternative perspective on the transfer market.

BBC Radio Lancashire Sport's Andy Bayes: "Jordan Rhodes has left Blackburn Rovers’ training ground.  Move to Middlesbrough isn’t dead, but interest from a Premier League team as well."

Peterborough United striker Luke James, 21, has joined former club Hartlepool United on loan for the rest of the season.

Image source, Getty Images

This morning we asked you to vote who you think has been the best January signing so far, choosing from 10 options.

New Southampton striker Charlie Austin ran away with it, hoovering up 46% of the votes.

BBC Radio Stoke: "Port Vale goalkeeper Chris Neal has signed one month loan deal with fellow League One side Doncaster Rovers."

News from Down Under, with A-League side Wellington Phoenix signing Birmingham City striker Alex Jones on loan until the end of the Australian season.

The 21-year-old, who is yet to make a first-team appearances for Blues, joins a Wellington side sitting third from bottom in the 10-team competition.

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Don't forget, you will be able to follow all the deadline-day deals (when they actually start to happen) via the BBC Sport's Twitter account, external and share your views using #bbcfootball., external

There will also be updates throughout the day and the opportunity to give your reaction on the BBC Sport, external and Match of the Day, external Facebook pages.

Our Twitter and Facebook pages will also bring you videos from BBC pundits, as well as behind-the-scenes content, alongside our Vine, external and BBC Sport Instagram, external accounts.

Manchester City
Kevin Parker, Manchester City Supporters Club

"As expected it has been a very quiet transfer window for City. A few might go out on loan on transfer deadline day but I don't expect anything coming in to be honest.

"The loss of Kevin de Bruyne may have given Manuel Pellegrini something to think about but the reality is we still have (in my opinion) the best squad in the Premier League.

"There was a stat out at the weekend that suggested Manchester City are the first English club ever to be in contention for all four major trophies going into February (League Cup, FA Cup, Champions League and Premier League) so that tells you everything about our squad."

Manchester City FC Supporters Club, external

Manchester City

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BBC Sport's Simon Stone: "Manchester City are set to loan two of their younger players out on deadline day.

"Manager Manuel Pellegrini said on Friday 18-year-old Patrick Roberts would be sent to Scottish champions Celtic to gain some first-team experience.

"And Argentine midfielder Bruno Zuculini, 22, is set for his fourth stint away from the Etihad Stadium by joining Greek side AEK Athens for the rest of the season."

I, for one, am delighted Moussa Dembele isn't moving to Tottenham.

The prospect of Moussa Dembele and Mousa Dembele playing in the same team would be a live text commentator's nightmare.