Arsenal manager Mikel Arteta may lose out in his loan bid for Real Madrid’s Norwegian midfielder, Martin Odegaard, but says that the Gunners are in the market for new players before the end of the month.
Sokratis Papastathopoulos was released from his contract on Wednesday while Mesut Ozil will also be allowed to depart - with his free transfer to Fenerbahce being held up by quarantine rules in Turkey.
Sead Kolasinac and William Saliba have already departed on loan deals as Arteta looks to redress the balance within his squad.
"We are in that process now," Arteta replied when asked if it was now time to start bringing players in.
"We have done the first part more or less and we are focusing now on the second phase. Obviously this market and the context makes it difficult, but we are looking at options and we will see what we can do.
"We are looking at various positions because the movement we have made in this window with some players leaving the club has left us a little bit short in certain areas.
"So if we can, we will do it and if we can't, we will keep going with what we have."
Arteta has prioritised a keeper, a left back and a creative midfielder in the window.
Reports say Arsenal have twice queried Odegaard’s availability for a loan deal but sources in the Spanish capital indicate the young talent is more likely to go to Sevilla or back to Real Sociedad for game time.
Arsenal target Emiliano Buendia has accepted Norwich will not let him leave for less than £40m. The 24-year-old Argentine midfielder is hopeful of landing a summer move to north London.
AC Milan hope to complete their loan move for Fikayo Tomori in time for the Chelsea defender to make his debut this weekend.
The Italian giants aim to wrap up their loan deal for Tomori so that the England defender can feature against Atalanta this weekend.
Chelsea boss Frank Lampard has insisted he has a "long-term plan" to help Tomori reach his full potential and do so with the Blues.
But Lampard has been unable to find a regular first-team role for Tomori this term, despite the 23-year-old featuring consistently in the first half of last season.
Thiago Silva's summer arrival left the Blues with five senior centre-backs, with Lampard admitting it would be impossible to give all of them regular football.
Tomori has found himself behind Kurt Zouma, Toni Rudiger and Andreas Christensen in Chelsea's pecking order, and has opted for a loan move to find regular action.
Southampton boss Ralph Hasenhuttl remains confident striker Danny Ings will sign a new contract with the club.
The 28-year-old's current three-year deal expires in the summer of 2022 and he has yet to commit to extending his stay with the Saints amid reported interest from Tottenham.
Hasenhuttl said: "As long as there is no signing of the contract, a new one, (the question) will not stop I think.
"I can only say that we want him to stay here. We've shown as a club that we want him to be here, definitely, and he's shown signals that he wants to stay with us. So I'm still positive that we're fine together for the future."
Hasenhuttl confirmed Ings is back in contention for Saturday's home FA Cup fourth-round tie against Arsenal after recovering from coronavirus.
Monaco have beaten off competition from four Premier League clubs to sign Club Brugge winger Krepin Diatta.
*Sergio Aguero has announced he has tested positive for coronavirus.