Transfer news LIVE: Giroud Chelsea announcement, Ozil agrees new Arsenal deal, Aubameyang signs, Mahrez latest

Follow the latest from the final day of the January transfer window

Premier League transfer round-up: Latest deals from the January window

Welcome to our LIVE coverage of the very latest transfer deadline day news and rumours. Arsenal have completed the club-record signing of Pierre-Emerick Aubameyang after getting the green light from Borussia Dortmund to announce the deal, with the striker joining for £56m, and have followed it up by agreeing a new three-and-a-half year contract extension for Mesut Özil that will see him paid £350,000-a-week.

The Gunners have put the 3-1 defeat by Swansea behind them on Wednesday by announcing a new club-record deal, with Olivier Giroud now expected to leave the club. Giroud looks certain to leave Arsenal for Chelsea after Blues agreed an £18m deal with the Gunners to keep him remain in the Premier League. Meanwhile, Dortmund are set to sign Chelsea’s Michy Batshuayi on loan until the end of the season, with the Belgian striker in Dortmund undergoing a medical.

Manchester City will continue their late pursuit of Riyad Mahrez, although Leicester City are believed to have rejected a third offer on Tuesday worth £55m, and have informed the Premier League leaders that it will take a lot more to tempt them into selling as they do not have enough time to find a replacement.

Tottenham will also complete their first bit of business this month after agreeing a deal worth around £28m wit Paris saint-Germain to sign Lucas Moura, with a medical already completed this morning.

Follow the live news below...

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Key Points

• Arsenal sign Pierre-Emerick Aubameyang for £56m
• Mesut Özil agrees new Arsenal deal to become Premier League's highest-paid player
• Michy Batshuayi in Dortmund having medical ahead of loan
• Chelsea agree £18m fee to sign Olivier Giroud with striker likely to leave Arsenal
• Leicester reject third offer of £55m from Manchester City for Riyad Mahrez
• Follow the latest news LIVE!

[31 January 2018 09:40 · Jack de Menezes]

Why is Arsenal's move for Aubameyang taking so long to complete?

Arsene Wenger admitted last night following the dismal 3-1 defeat by Swansea that he expects the transfer to go right to the wire because "it's complicated".

He did not want to talk too much about the deal, but with Aubameyang at Arsenal's London Colney training base for a medical, SURELY the move will go through?

[31 January 2018 09:48 · Ed Malyon]

West Ham are willing to let Swansea re-sign Andre Ayew. 

The Ghanaian international played for the Swans in 2015-16 but moved to the Hammers for £20m after a sparkling debut season in the Premier League. 

His time at Upton Park - and now the London Stadium - has not quite gone to plan though and Carlos Carvalhal is also trying to add Liverpool wideman Lazar Markovic, though that deal seems more complex.

[31 January 2018 09:53 · Ed Malyon]

Crystal Palace club doctor Zaf Iqbal appears to be about as excited for today as we are....

[31 January 2018 10:00 · Jack de Menezes]

Michy Batshuayi also holds the key to today's events, with the Chelsea striker set to join Borussia Dortmund on loan if Arsenal get Aubameyang and the Blues land Olivier Giroud.

But there remains the possibility of none of those happening, and if so, Antonio Conte is ready to keep Batshuayi in the Chelsea fold for the rest of the season.

[31 January 2018 10:20 · Jack de Menezes]

It's worth remembering that as well as transfer deadline day, there's SEVEN Premier League matches tonight, making it one of the busiest days of the year for clubs up and down the country.

It's does seem slightly farcical, given that players who could change clubs before the 11pm deadline could still play before a move, and Sam Allardyce for one is not happy with the situation.

The Everton boss has spoken out against the fixtures, and believes that he has enough on his plate without having to worry about the Premier League.

[31 January 2018 10:20 · Jack de Menezes]

UPDATE FROM NEWCASTLE

[31 January 2018 10:38 · Ed Malyon]

Alexander Mitrovic looks as if he'll be moving back to Belgium today with Anderlecht. 

Newcastle will replace him though, and Islam Slimani is a name they are looking at. 

[31 January 2018 10:40 · Jack de Menezes]

If it wasn't embarrassing enough for Arsenal following their defeat by Swansea, the club appear to have posted the WRONG video that confirms their deal for Aubameyang is done.

Is there anything they can do right? 

[31 January 2018 11:00 · Jack de Menezes]

The latest news from Manchester United surrounds the potential exit of Zlatan Ibrahimovic, with interest in the striker coming from MLS side LA Galaxy.

Ibrahimovic has struggled for game time since coming back from a serious knee injury, and suffered a setback last month that has not helped his case.

Another player who is not featuring for United much is defender Daley Blind, and Roma are being linked with the Dutchman after allowing Emerson Palmieri to leave for Chelsea yesterday night.

Mark Critchley provides all the latest transfer news from Manchester United:

[31 January 2018 11:04 · Ed Malyon]

Michy Batshuayi is undergoing a medical at Borussia Dortmund!

The first domino might have fallen at London Colney but the others are now following suit.