Three minutes for that Ronaldo-Messi swap deal to materialise...
Stoke have pushed through a deal for Badou Ndiaye, the Senegal international joining from Galatasaray.
And Giampaolo Pazzini has just rocked up in Valencia to complete a move to Levante on loan from Hellas Verona.
Just 10 minutes to go...
Liverpool winger Lazar Markovic has joined Anderlecht on loan.
Boom! Done deal! Eibar have landed promising Serbia defender Vukasin Jovanovic from Girondins.
Meanwhile, Pep Guardiola has confirmed that Riyad Mahrez will not be joining Manchester City.
Remember Demba Ba, a stalwart of many a dream team when he was banging them in at Newcastle? Well, he's still going.
Well, it's gone extremely quiet. Is there a big twist in the deadline day tale? We suspect not. The window has closed in Italy so there'll be no action there.
Decent bit of business by Real Sociedad, who have nabbed Mexico international defender Héctor Moreno on loan from Roma until the end of the season.
Augusto Fernández has completed his move to CSL side Beijing Rehne.
Carlos "The Rock" Sánchez has joined Espanyol on loan from Fiorentina until the end of the season. His first game could be the derby against Barcelona on Sunday. Nice.
Roma have signed Jonathan Silva on loan for the rest of the season from Sporting CP after the departure of Emerson Palmieri to Chelsea.
This is a very, very good move for Ademola Lookman, who probably left Charlton a little too early in his career and never really got a look-in at Everton.
We honestly had no idea that Mathieu Debuchy was still at Arsenal but he's off now, to Saint Etienne. We assume he was on the phone.
Rayo Vallecano have added Bebé to their ranks, the former Manchester United and Benfica forward signing on loan until the end of the season. He has been pretty decent at Eibar and that's a decent land for the Segunda outfit.
Pierre-Emerick Aubameyang has issued an apology to Dortmund fans over the manner of exit, pleading the mitigiating factor of being a bit loopy.
Spurs have completed the signing of spring-heeled Brazilian winger Lucas Moura from PSG for a fee of around £25 million.
Newcastle have reportedly completed a deal for Leicester City striker Islam Slimani, who never really go going at the King Power after his £28 million move from Sporting Lisbon in 2016.
Remember Roobard and Custard? Well, it's all gone a bit quiet. Málaga have snapped up Belgian winger Maxime Lestienne from Rubin Kazan. He banged them in at Club Brugee back in the day but hasn't been prolific since. Still, he's quick, so that will be of use to the Anchovies, who aren't the paciest side around.
...and Chelsea get their Gunner
Giroud crosses town.
It's another done deal as part of the merry-go-round stops at its destination
More movement at free-spending Levante who have secured the services of veteran midfielder Giampaolo Pazzini who joins on loan until June but with the option to sign on for an additional two seasons with the Granotas.
Serbia U20 international Vukašin Jovanović is in northern Spain finalising his deadline day switch to Eibar, who are expected to make an annoucement in due course. The Armeros have offloaded Thiago Bebé to Rayo, on loan, until the end of the season.
Rubén Rochina is back in Spain to complete his move to Levante. The former Barcelona youth graduate, who has spent time with Blackburn Rovers, Rayo, Granada and Rubin Kazan, is expected to pen a three-to-four-year deal with the Granotas.
Nigerian striker Brown Ideye has been presented at Málaga and says he's raring to go. So impressive was the player's medical, he sent instruments "off the scale" to the amazement of club doctors. Here's what he had to say to reporters this afternoon:
Branislav Jasurek, the agent of Celta Vigo midfielder Stanislav Lobotka, has denied talk of an agreement with Inter Milan, insisting that the Slovakian international is "very happy in Vigo" and that "conversations will begin soon about a contract renewal" at the LaLiga club.
Saudi players Salem Al-Dawsari and Jaber Eissa agreed that their winter window move to Villarreal represents a golden opportunity for them which they are eager to seize and make the most of. "It's a dream to be here" both said as they were formally unveiled at Estadio de la Cerámica this afternoon.
Sandro has completed his move to Sevilla hoping to find the Málaga / Spain U21 form that interested the Toffees in the first place
Segunda División club Nástic have confirmed the loan signing of Spanish centre-back Julio Pleguezuelo, 21, from Arsenal:
successfully passed his medical this morning
and will spend the rest of the season on loan with Sevilla. The Everton forward becomes the club's fourth reinforcement during the winter window following the arrivals of Guilherme Arana
, Roque Mesa
and Miguel Layún
The creative department at Konyaspor have been busy this morning as Samuel Eto'o joins the Turkish club.
Sky Sports are reporting that Rafa Benitez' Newcastle have agreed a loan deal for Leicester's Islam Slimani.
With the imminent move of Lucas Moura to Tottenham, PSG's record signing Neymar Jr has said he's not particularly chuffed by his club's decision
Wolves are on course to return to the Premier League under Nuno and one of the players who is making a vital contribution to the team's campaign is Portuguese winger Diogo Jota, who will remain at Molineux after the Midlanders triggered a clause in his loan contract.
Here's the full story on the news that Pierre-Emerick Aubameyang has completed his move to Arsenal
That "club-record fee" for Aubameyang appears to be just under 64 million:
Arsenal have now also confirmed the deal for Aubameyang, revealing that the striker has joined the Gunners "on a long-term contract for a club-record fee".
Borussia Dortmund have confirmed that striker Pierre-Emerick Aubameyang is indeed on his way to Arsenal. The Bundesliga club are expected to take Chelsea's Michy Batshuayi on loan to replace the Gabon international, while Arsenal's Olivier Giroud is set to complete the triangle by swapping the Emirates Stadium for Stamford Bridge.
Seasoned traveller Samuel Eto'o is on the move again. His two and a half year stint at Antalyaspor has come to an end and he will be unveiled by relegation rivals Konyaspor later today.
Pix from Jose Antonio Reyes' first day as a new Cordoba player
Fresh from snapping up winger José Antonio Reyes, Segunda División side Córdoba have announced that defender Aythami Artiles has joined on a two-and-a-half-year deal and is to be unveiled this lunchtime. The Canary Islander moves to the Estadio Nuevo Arcángel from Las Palmas, where he spent eight seasons in the first team, spread over two spells at the club.
Mauro Zárate, who has been unable to settle at Watford, will spend the remainder of the season on loan at his first club Vélez Sarsfield back home in Argentina.
Real Madrid are apparently eyeing a summer move for Argentina midfielder Leandro Paredes
, and are keen to use Mateo Kovacic as a makeweight in the deal:
Levante UD snap up the Albanian striker Sadiku...
New Betis signing Marc Bartra gives his first interviews as a Betico
Hello and welcome to the final day of the 2018 transfer window ... stay with us as the January window is poised to close, we'll bring you all the rumours and deals happening in Europe's major leagues and beyond!