Matt: Theme tune to Jaws! Liverpool are coming to get you!

Rod Crook: The Band's 'The Weight' probably sums up Burnley today.

Sir Fabian Pavez: Writings on the Wall' - Sam Smith. Pretty much sums up Man United transfer activity.

Wolves

Wolves forward Patrick Cutrone has joined Spanish side Valencia on loan until the end of the season.

The Italy striker, 23, has made just three Premier League starts for Wanderers since they paid AC Milan £16m for him in July 2019.

He spent the whole of 2020 on loan with Fiorentina in Serie A, scoring five times in 34 appearances.

Cutrone returned to Wolves in January, featuring in four games, including their FA Cup win at non-league Chorley.

Liverpool

According to Sky Sports, external, Liverpool are trying to get a deal done for Turkish centre-back Ozan Kabak, currently at Schalke.

"Talks ongoing about a loan plus option to buy." It could depend on Schalke bringing in a replacement before the end of the deadline which is 17:00 GMT in Germany.

We'll see if we can firm that rumour up for you.

Image source, Getty Images

As we reported earlier, Marseille's Duje Caleta-Car is among the options Liverpool are considering to ease their injury crisis at centre-back.

He is a 24-year-old, 6ft 3ins, right-footed Croatia international who has played 10 times for his country.

He joined Marseille for a reported 19 million euros (£16.7m) in 2018, having impressed at Red Bull Salzburg - the former club of Sadio Mane, Naby Keita and Erling Braut Haaland among others.

He has played 24 times for Marseille this season, including in the Champions League group stage.

Marseille are ninth in Ligue 1 this season but have one of the better defensive records.

Caleta-Car reportedly, external turned down a move to West Ham last year because he wanted to play in the Champions League.

Latest on my inbox, work related this time.

We've had a clarification on Liverpool target Duje Caleta-Car.

The email - in full - reads:

"Pronounced DOO-YEAH CHALITTA TSAR."

BBC Radio Lincolnshire

Welsh defender Aaron Lewis has left Lincoln City by mutual consent.

The 22-year-old made five appearances in all competitions for the Imps scoring one goal.

Lewis spent part of this season out on loan with Newport County.

Qana: Saying that, for todays activity maybe Del Amitris 'nothing ever happens' would be more appropriate.

Owenwilkinson2005: money money money - ABBA

David Eastwood: Could apply to a fair few teams but Ralph said Saints were short of funds to get players in so Aloe Blacc - I Need A Dollar is probably the theme of our window.

George Cummins
BBC Radio 5 live

Mikel Arteta was in good spirits this morning doing his best to avoid answering any transfer related questions.

However, he did admit that some players could be leaving “we have decided and we are working on it. You will find out before 11pm.”

Three clubs are interested in Ainsley Maitland-Niles. Southampton, West Brom and Leicester. Reiss Nelson is another who could leave on loan.

Across North London, I asked Jose Mourinho whether Dele Alli is leaving after the defeat to Brighton at the Amex last night:

“I believe he is staying. I never had one feeling or sign of doubt that Dele the next day couldn’t be here so for me it is nothing new.”

Unless something drastic happens today I cant see the midfielder leaving for PSG.

Arsenal

One player linked with a move away from the Emirates is defender Ainsley Maitland-Niles.

The 23-year-old has seen interest from the likes of Leicester City, Southampton, West Brom and Newcastle but Arsenal boss Mikel Arteta was staying tight-lipped on where Maitland-Niles could end up.

“I cannot speak about individuals. We know what we want to do." said Arteta.

"The conversations we have had, there are various reasons and let's see if we can get something done tonight.”

On whether any other players would go out on loan, Arteta said the club "have decided" and were "working on it."

"You will find out before 11:00pm.” added Arteta.

Stay tuned!

Speaking of Ainsley Maitland-Niles...

Here's the latest from the man himself, Mikel Arteta.

Arsenal

With the creative player and back up keeper we needed already in, today is all about outgoings.

Questions remain over Ainsley Maitland-Niles, Joe Willock and Reiss Nelson with all three possible for a loan move out.

All three need minutes so we can really see what they are about in order to make decisions in the summer.

The other one is Lucas Torreira. It hasn’t quite happened in Madrid so there were rumours of him coming back and going elsewhere - we’ll watch that space.

ENOUGH!

Well said Ross.

Chelsea

January 2021 will be a month to forget for Chelsea Football Club, no matter what new signings the team might make by the time the window slams shut tonight.

For many supporters, it cannot close soon enough.Some things never change at Chelsea; sacking legendary managers and ex-players on a whim has been a consistent problem, long before Roman’s purchase of the club in 2003.

Ultimately, the club's recent success has been achieved by many of the same players and coaches it regularly unceremoniously dispatches and in spite of a transfer policy that reverses course every few years, not because of it.

However, more important than any of that is the news of yet more racist abuse being sent on social media to football players this weekend; Reece James being the latest Chelsea player to be on the receiving end. Several vile messages were sent to the twenty year old right back on Friday, a superlative footballer who has been with the club since the distant days of Jose's first reign as manager.

More than any new signing a team could make to bring a smile to the faces of its supporters in 2021, racism in the sport must be kicked out for good. Enough!"

We will also have some contributions from club fanzines today and here is the first one...

Arsenal

Arsenal manager Mikel Arteta has been up bright and early for his pre-match press conference, as the Gunners face Wolves away in the Premier League on Tuesday.

The North London side have already signed Real Madrid attacking midfielder Martin Odegaard on loan until the end of the season.

But the Spanish boss was unsure what deadline day has install for the club.

“The last day of the transfer window is unpredictable," Arteta said. "They might happen, they might not happen. We are on it.

"Hopefully we don’t have any bad surprises. We are discussing things with some players and some clubs. If we are making things to happen before the deadline it’s because we think its right for their development.”

There are some manager news conferences taking place today too.

Here's what Arsenal boss Mikel Arteta had to say

Good morning!

I've been painfully following Sham since the early hours of this morning. It's been a heroic effort so far. We could be in for a long, inactive day...

That said, we need a deadline day music playlist. And we need your help!

What song sums up your club's transfer activity - or potential activity - on deadline day so far?

Send your suggestions in using #bbcfootball., external I think there might be a common theme...

Some ray of sunshine on a rather dull day.

We've got Emma Sanders joining us to give a helping hand.

Hope she's not expecting a flurry of transfer activity.

BBC Sport

You won't miss a minute of transfer deadline day on BBC Sport.

This live text commentary will confirm all the transfers, discuss the rumours and analyse the best of the business until the better end.

There will be regular updates throughout the day on BBC Radio 5 Live, before Micah Richards, Chris Sutton, Don Hutchinson and Ian Dennis join Steve Crossman on the 5 Live Monday Night Club from 19:00 GMT to discuss all the deals.

You will also find regular updates and breaking news across BBC Sport's social media channels, including Twitter, Facebook and Instagram.

Tick tock, tick tock.

13 hours to go.

Still waiting for our first Premier League signing of the day.