TRANSFER ZONE - 15th January 2015

• Manchester City have completed the £25 million signing of Ivorian striker Wilfried Bony from Swansea City on a four-year deal. The 26-year old forward will wear shirt no. 14 this season. The Etihad Stadium Club have also lined up a £20 move for yet another striker, Southampton's Jay Rodriguez.

• Arsenal have agreed a fee with Legia Warsaw for the transfer of midfielder Krystian Bielik. Reports suggest that a bid of £3 million has been accepted by the Polish club.  Club Boss, Arsene Wenger is also weighing up a £12 million bid for Genoa goalkeeper Marria Perin,

• Arsenal are also planning an audacious £60 million raid on Borussia Dortmund. The Gunners are ready to capitalise on the woes of the German club this season and seal the capture of long term targets Mats Hummels and Ilkay Gundogan.

• Liverpool are closing in on the £8 million signing of PSG and Argentine forward Ezequiel Lavezzi. The Anfield club are also interested in West Ham United's loan star Alex Song. Brendan Rodgers is keen to boost his midfield and attacking options ahead of the Club's push for a top-four finish.

• Manchester United and Arsenal are battling for the signature of Argentine and Palermo striker Paulo Dybala.The Old Trafford Club are also set to ship out wonderkid Adnan Januzaj on loan for the rest of the season. The Belgian starlet is eager to quit Old Trafford after losing his place in the first team under manager Louis van Gaal.

• Turkish club Besiktas are interested in a loan move for Chelsea duo, Mohammed Salah and Nathan Ake. 

• West Bromwich Albion are considering a move for Manchester United midfielder Darren Fletcher.

• England and Toronto FC striker Jermain Defoe has completed a medical ahead of a proposed move to Sunderland.