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With the clock ticking on the January transfer window - Championship clubs are looking to conclude some vital deals.

With the race for promotion at stake and the battle to avoid relegation is hotting up, with managers on the lookout for any transfers or loan signings that could prove decisive.

Here is the latest Championship transfer gossip:

Leeds set to make formal Swansea bid

Leeds United are expected to make a formal bid for Swansea winger Daniel James.

The Elland Road club were reportedly put off by the initial valuation placed on the Welsh winger after discussions.

But Phil Hay of the Yorkshire Evening Post says he expects them to put in a formal bid, although it is unlikely their first offer will be accepted.

Reports in Russia say Leeds United have made a huge £10.5m bid for Spartak Moscow ace Ze Luis.

The Cape Verde international has been in prolific form with 11 goals this season and is now wanted by Marcelo Bielsa.

According to Championat, they have already registered a bid to bring him to Elland Road but the Russian club don’t want to sell in January.

Villa to cancel keeper loan

Aston Villa are set to cancel goalkeeper Andre Moreira’s loan deal and send him back to Atletico Madrid.

Moreira joined Villa in the summer but has only made two appearances.

Reading make January loan signing

Reading have completed the signing of Nelson Oliveira on loan from Norwich.

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Hull City complete loan signing

Hull City have signed midfielder Marc Pugh on loan from Bournemouth.

John Obi Mikel close to securing surprise Championship move

John Obi Mikel is close to completing a surprise switch to Championship side Middlesbrough.

The former Chelsea midfielder was last plying his trade for Chinese Super League side Tianjin TEDA.

According to The Northern Echo, the Nigerian is in Teeside looking to finalise his move.

Albion favourites for Mings

West Bromwich Albion look set to beat Aston Villa and Leeds United to the signing of Tyrone Mings, according to reports.

Sky Sports News claim that The Hawthorns is Mings’ ‘most likely destination’ despite also being linked with Villa and promotion rivals Leeds.

They say that Darren Moore wants to increase his defensive options, particularly in the light of claims Tosin Adarabioyo could be recalled by Manchester City.

The young centre back was an injury time substitution for the Baggies in their 2-0 win at Bolton on Monday night.

Mings has also been short of regular football having made just two Premier League starts for Bournemouth this season.

He has also suffered an injury dogged time with the Cherries but remains part of Eddie Howe’s long term plans.