The January transfer window is well over the halfway stage and the rumour mill is beginning to buzz in anticipation ahead of deadline day.

While clubs are currently presenting calm and composed exteriors in regards to their transfer business the trolley dash will soon begin.

With relegation scraps to be settled and European places up for grabs fans can expect plenty of business to be completed between now and February.

And it is being claimed this evening that Chelsea and Arsenal could join the race for Real Madrid defender Nacho, who may leave the Santiago Bernabeu this month following his failure to cement his place in the Los Blancos first team.

Real's academy product has been reported in recent days to have attracted the interest of Italian clubs Roma and Napoli, but it is claimed that a host of Premier League clubs could also be keen to sign the 26-year-old to strengthen their options at the back.

But for more on this story, and others, scroll through our transfer blog below!

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