Just a quick line elsewhere, Sky Sports report that Arsenal are in advanced talks with Real Madrid to sign Mesut Ozil. That would be the "nice surprise" Wenger was eluding to earlier!
Gareth Bale's agent Jonathan Barnett claims talks have been ongoing regarding a move to Real Madrid for 110 days!
Quotes from Bale: "I have had six very happy years at Tottenham but it's the right time to say goodbye.
"We've had some special times together and I've loved every minute of it."
Wigan have rejected a bid from Everton for James McCarthy, according to Sky Sports. Expect them to go back with another offer, especially if Marouane Fellaini leaves.
Man Utd could try to muscle their way in on the Ozil deal but reports suggesting Arsenal are offering more in terms of wages than United are prepared to. Will be a fascinating deal to watch.
Italian radio station Cadena COPE claim that Arsenal and Real Madrid have agreed a 45 million Euro deal.
DONE DEAL - Manchester City confirm the signing of Martin Demichelis from Atletico Madrid via their official website. The defender only joined the Spanish club on a free transfer in the summer but is now set to link up with his former Malaga boss Manuel Pellegrini in a deal believed to be worth around £4.2 million.
Demichelis will wear the number 26 shirt.
I really do get the feel that tomorrow will be the best ever deadline day. So many big clubs still want new players. With Bale transfer done, could this cause a domino of deals? Liverpool, Arsenal, Manchester United and maybe even Chelsea and Spurs all in the market for new players. Everton as well if Fellaini and/or Baines leave. Expect the unexpected. It will be special. Follow it all here!
And Arsenal appear to not be stopping at Ozil. Daily Telegraph reporting that the Gunners are also in talks to sign Angel di Maria.
Other sources having their say on the Ozil deal. Spanish outlet Cadena Ser say Ozil rejected PSG in favour of a move for Arsenal.
And Michael Laudrup says Swansea are hopeful of bringing a new striker in tomorrow.
Anyway, that is all from me today. Tomorrow is the big one. Join me in the morning, right through until the 11pm deadline. See you then!
Sky Sports are reporting rumours that Juventus striker Fabio Quagliarella is likely to join West Ham on loan.
Good morning and welcome to MSN Sport's live transfer deadline day blog. We will be with you all day to bring you all the news as it comes through.
So, who will be the names to stand out today? Mesut Ozil, Angel Di Maria, Demba Ba, Julian Draxler? They are just the reported Arsenal targets!
DONE DEAL - Liverpool announce the signing of Tiago Ilori from Sporting Lisbon.
The 20-year-old was in fact born in London, but has spent his whole career in Portugal. Valencia were rumoured to be interested but Liverpool have got the deal done.
DONE DEAL - West Brom have signed midfielder Morgan Amalfitano on a season-long loan from Marseille.
DONE DEAL - One Real Madrid man who won't be moving to the Premier League is Kaka. The Brazilian has completed his move back to AC Milan on a two-year deal.
French newspaper L'Equipe report that PSG have given up hope of signing Mesut Ozil, fuelling speculation that he could be set for a move to Arsenal.
So, who do you want your club to sign today? Let us know your thoughts with the 'Comment Now' box at the top of this screen, or tweet @MSNSport.
@Ben - Now that would be some deadline day!
Interesting developments regarding Mesut Ozil. Spanish paper and the well known mouthpiece of Real Madrid, Marca, claim that the German midfielder has turned down a move to Arsenal because their offer was not good enough. The two clubs had reportedly agreed a fee.
Everton are considering a move for two Man City players today according to Goal UK. Many expect the Gareth Barry deal to go through, but they are also hoping for a deal for Joleon Lescott now that Martin Demichelis has signed.
Barry Bannan is having a medical at Crystal Palace according to Sky. Ian Holloway said on Saturday that he wants five new players in. He has one in Jimmy Kebe, Bannan looks like being number two.