Arnold will stay at Liverpool in this window, while Arsenal left-back Oleksandr Zinchenko could be set to leave the Emirates Stadium amid interest from Borussia Dortmund. Join us for the latest transfer news,

Ibrahima Konate, Alessandro Bastoni, Joshua Kimmich, and Alvaro Carreras are all linked with moves to Los Blancos.

Liverpoool are not expecting Real Madrid to return with a fresh attempt to sign Trent Alexander-Arnold before the forthcoming transfer deadline. The Reds strongly rebuffed the Spanish outfit when they made an official approach over the festive period regards the possibility of taking Alexander-Arnold from Anfield.

Former Chelsea striker Tony Cascarino has advised Real Madrid to sign Liverpool duo Virgil van Dijk and Trent Alexander-Arnold on free transfers in the

Welcome to the third January edition of The Transfer DealSheet — our team of dedicated writers will take you inside the market

Real Madrid have reportedly ruled out an “impossible” move for Liverpool defender Trent Alexander-Arnold during the January transfer window. The England international has been heavily linked with a Santiago Bernabeu switch over the past year and reports suggest that he is likely to join Los Blancos on a free transfer this summer.

Los Blancos is linked with Enzo Fernandez and Murillo, with updates on Vinicius Jr. and Trent Alexander-Arnold.