The transfer window for Europe’s biggest clubs is open again. Transfer Talk has been scouring the world’s media and setting our correspondents loose to see who could be heading to/out of your club this month.

Lukaku won’t join Newcastle

Jordan, that is. According to The Telegraph, Jordan Lukaku’s loan move to Tyneside could fall through because of fitness concerns.

The winger and younger brother of Manchester United striker Romelu Lukaku was due to join Newcastle on loan, with the possibility that the North East club might make the transfer permanent in the summer.

That permanent move could have been worth £19 million to Lazio, but concerns over fitness and personal terms might scupper that.

Youri move, Leicester

Leicester City are said to be showing “considerable interest” in Monaco’s 21-year-old midfielder Youri Tielemans, as the Leicester Mercury reports.

The Belgian would put the club back by around £20m, but that doesn’t seem to be putting them off.

Even if confidence in Claude Puel isn’t at its highest, Leicester is a more stable place to be than Monaco at the moment, with Leonardo Jardim back at the helm replacing Thierry Henry just three months after he was sacked in October.

Arsenal face injury crisis with Koscielny jaw and Sokratis ankle problem

Wolves want more bite

Wolverhampton Wanderers are still in the market for another striker, reports the Express & Star.

The player would have to be content being a backup to Raul Jimenez, though. A move for Tammy Abraham earlier in the window didn’t materialise.

Wolves were also rumoured to be interested in another centre-back or wing-back as cover, but they’re now thought to be content with the youth options they have available to them from the under-23 team, if needed.

And Arsenal might still get Suarez

Despite talks stalling, Arsenal are still hopeful of signing Barcelona’s Denis Suarez, reports the Evening Standard.

Negotiations “remain active,” but Barcelona want £20m now or a loan move with an agreement that Arsenal will definitely fork out for the Spaniard in the summer.

The Gunners might be scared of commitment, because they’d prefer to take him on loan until the end of the season with just an option to buy at the end of it.

Bye, Bye Charlie

Charlie Austin will leave Southampton this month, according to The Telegraph.

The Saints are undergoing something of a clear-out, with Cedric Soares and Wesley Hoedt also linked with moves away from the club.

The striker has supposedly reached an agreement with Southampton that he can leave if the price is right, and both Wolves and Aston Villa are interested.

Football Whispers’ top five emerging whispers

Football Whispers’ transfer algorithm gives the likelihood of rumours happening a score out of 5.

Christopher Nkunku to Arsenal — 4.0

Twenty-one-year-old Nkunku played for current Arsenal manager Unai Emery at Paris Saint-Germain last season, and that link means a move to London could be on the cards, reports. It’s not just Emery who’s interested though. The manager has backing from the rest of the club that Nkunku is a transfer to pursue.

Gerard Deulofeu to AC Milan — 2.6

Milan want to bring in Deulofeu before the end of the window, according to Tuttosport. It would be a loan with the option to buy at the end of it, which seems like it’s becoming an increasingly common way of doing business.

Juan Mata to Arsenal – 2.4

United have beaten Arsenal in the FA Cup, but the Gunners could be pinching one of their players, according to The Mirror. Mata is out of his contract at the end of the season, and Arsenal are one of the sides keeping an eye on him.

Andre Gomes to AS Roma — 2.1

Everton might have a fight on their hands as both Roma and Lazio are interested in bringing in the Barcelona midfielder, Calcio Mercato understands. Neither are looking to bring him in, in January, but want to make a move in the summer.

Anthony Martial to Sevilla – 1.8

After cooling on Alvaro Morata, Sevilla have turned the attention to Martial, as ESPN has reported. The Spanish club are reportedly willing to test Martial’s resolve as he and his representatives discuss a possible contract extension at Manchester United.