Ian Dennis
BBC Radio 5 Live senior football reporter

No incomings likely to replace Aubameyang.

He hasn’t played for Arsenal since 6 December because of a disciplinary breach but has only scored four goals in 14 appearances in the Premier League this season.

It will be a considerable saving with wages in the region of 15m.

Simon Stone
BBC Sport

Crisis club Derby are set for a much-needed £1m windfall for young striker Luke Plange.

Derby have accepted a bid from Crystal Palace for the 19-year-old, who joined the Rams in the summer after being released by Arsenal.

Plange has impressed this term and scored Derby’s first goal in their memorable 2-2 comeback draw against Birmingham yesterday.

However, the deal is attractive because Palace have agreed to loan Plange back to Derby for the remainder of the season.

Although the Championship club are not allowed to register new players due to their current financial position, Football League rules allow Plange to stay on at Derby providing his wage stays the same.

Providing the deal goes through, it could give the club’s administrators vital breathing space as they try to save the club.

The EFL have extended a deadline to the beginning of March for the administrators to show they have enough funds to get through to the end of the season.

Luke: Aubameyang, one of the most prolific strikers in the last 4 years going on a free transfer? Arteta and Edu may seriously be gone by end of Feb, madness unless they have something lined up.

Has Mikel Arteta got something up his sleeve at Arsenal? Pierre-Emerick Aubameyang is on a reported £350,000 a week at the Gunners and they're set for a massive drop in the wage bill if his move to Barcelona crosses the finish line.

Any late, late moves from Arteta?

Barcelona are closing in on their third signing of the transfer window from Premier League clubs, with Pierre-Emerick Aubameyang potentially joining Ferran Torres and Adama Traore at the Nou Camp.

Here's some pictures from Barcelona's Twitter account in the past hour with Traore, on loan from Wolves, back at the club where it all started for him.

Daniel: Aubameyang not scoring goals, setting a poor example & on a huge salary. Great move by Arteta - Auba & Ozil out, that's £550k a week salary saved and the team isn't really worse off.

NuddsyB: Auba to Barca on a free? He was never the same after Arsenal went all out to give him a big contract, same as Ozil. Onwards and upwards now give the young guns a chance.

Ian Dennis
BBC Radio 5 Live senior football reporter

This will be a late one but Pierre-Emerick Aubameyang to Barcelona is expected to happen.

It's likely to be a permanent deal and probably won’t involve a fee but it will represent a huge saving in wages for Arsenal.

Some late Deadline Day sagas that we're following at the moment...

• Arsenal striker Pierre-Emerick Aubameyang having a medical at Barcelona before potential free transfer.
• Rangers are trying to sign Juventus and Wales midfielder Aaron Ramsey.
• Everton are looking to buy Tottenham and England midfielder Dele Alli in a deal that could be worth up to £40m.
• Liverpool are in ongoing talks with Fulham to sign winger Fabio Carvalho.

• Pierre-Emerick Aubameyang will have a medical at Barcelona after the club agreed a free-transfer signing from Arsenal.
• Manchester United midfielder Donny van de Beek joins Everton on loan for the rest of the season.
• Sweden winger Dejan Kulusevski joins Tottenham on an 18-month loan from Juventus (£8.3m fee with option to buy).
• Uruguay midfielder Rodrigo Bentancurjoins Spurs from Juventus in a £15.9m four-year deal (could rise by £5m).
• Spurs loan Tanguy Ndombele to Lyon, Bryan Gil to Valencia & Giovani Lo Celso to Villarreal until the end of the season.
• Deniz Undav has joined Brighton from Royale Union Saint-Gilloise and loaned back to the Belgian side for the rest of the season.
• Manchester City sign forward Julian Alvarez from River Plate in £14.1m deal (returns on loan to River Plate until July).
• Burnley sign Wolfsburg striker Wout Weghorst for £12m.
• Brentford sign midfielder Christian Eriksen on a six-month deal.
• Aston Villa defender Matt Targett joins Newcastle on loan.
• Liverpool defender Nat Phillips joins Bournemouth on loan.

Image source, Getty Images

Juventus have signed Switzerland international Denis Zakaria on a permanent deal from Borussia Monchengladbach.

Zakaria, 25, passed a medical in Turin on Monday morning and leaves Gladbach after four and a half years.

The defensive midfielder made 125 appearances for the German club.

Earlier on Monday, Dejan Kulusevski and Rodrigo Bentancur joined Tottenham from Juventus on a loan and permanent deal respectively.

Adam: If Arsenal don’t sign a player in this window, and then we fail to finish in the Top 4, Arteta & Edu are done. There have been plenty of outgoings including Aubameyang and Chambers, and yet not a single inbound replacement.

K: Arsenal are essentially one injury, one red card away from dropping out of the top 4 race... all rivals have strengthened while we have been busy with a car boot sale! Oh and we are yet to score this year. Brilliant.

Dani Alves, Ferran Torres, Adama Traore and maybe Pierre-Emerick Aubameyang.

For a club who are a reported billion pounds in debt, Barcelona do manage to make some great signings.

We wanted something sensational in the last few hours, we may well be getting it.

Arsenal fans, send us your reaction on the fact Pierre-Emerick Aubameyang, your captain last month, is set to join Barcelona on a free transfer.

Tweet us using #bbcfootball to have your say.

Guillem Balague
Spanish football journalist on BBC Radio 5 Live

"Pierre-Emerick Aubameyang to Barcelona is going to happen.

"It will be a free transfer now and terms between Arsenal and Barcelona are all agreed.

"A medical has been organised."

Sometimes, it's just worth taking a risk and jumping on a plane to Barcelona...

Ian Dennis
BBC Radio 5 Live senior football reporter

Benfica striker Darwin Nunez will stay in Lisbon until the summer.

West Ham United were interested in signing the Uruguayan forward Darwin Nunez but Benfica were not willing to negotiate.

Nunez, who is under contract until 2025, has also been linked with Newcastle United.

For more updates, analysis and reaction as we enter the final hours of deadline day go to the West Ham page.

Adam Crafton
Reporter for The Athletic, speaking on BBC Radio 5 Live's Monday Night Club

The brutal thing from Donny van de Beek for Man United is that even if he's been getting on the pitch as a substitute, it's always after 78 or 80 minutes, the last throw of the dice when they're 2-0 down to Man City - what is he meant to do?

It must strip you as a player of confidence when you're put into that hopeless scenario time and time again.

When Ralf Ragnick came in we all thought that would be his chance, but Rangnick's started him in one match against Young Boys.

Everton

Image source, Getty Images

Donny van de Beek became Frank Lampard's first signing at Everton after joining on loan from Manchester United.

The Dutch midfielder has been starved of opportunities at Old Trafford making just four Premier League starts since his arrival from Ajax in August 2020.

But he says he is ready to help the struggling Blues climb up the table from their lowly 16th spot.

“I hope to bring my football qualities, my passing, and, of course, scoring goals," he said.

"It is a big part of my game to score and give assists and I will try to do that again. And it is not only offensive, you have to defend as a midfielder and I can do that as well.

“I had a really positive meeting with the new coach. We have the same ideas about football and he had a lot of influence on my decision.

“I played against him when I was at Ajax, and he was at Chelsea [as manager], so he knows me as a player. He thinks I have qualities that can help the team. I can learn a lot from him because he was a little bit in the same position – a midfield player who scored a lot of goals."

For more updates, analysis and reaction as deadline day unfolds go to the Everton page.

Alistair Magowan
BBC Sport

Stade de Reims confirm that striker Hugo Ekitike is staying at the club despite "very good offers" for the player.

A statement says "despite the offers made, Hugo Ekitike and Stade de Reims have agreed to continue their adventure together".

President Jean-Pierre Caillot said: "It is true we received very good offers for Hugo during this transfer window. Our desire has always been to keep him for one full season.

"He too was keen not to skip the stages and wants to stay a little longer at the club which he joined at 11 years old."

Newcastle United

Speaking of Newcastle, they've been linked with Reims striker Hugo Ekitike, but that looks like one they're going to be missing out on...