Juventus in talks to sign Nick Woltemade on loan as Everton push for Balogun
The January transfer window is building toward a frantic finish. Juventus are negotiating a loan deal with Newcastle for German forward Nick Woltemade, while Everton have opened talks with Monaco over Folarin Balogun after agreeing to sell Beto to Fiorentina. Manchester City have also confirmed the arrival of Allan Elias from Palmeiras.

The final stretch of the winter market is delivering major moves across England and Italy. Juventus have entered negotiations with Newcastle United over a season-long loan for German forward Nick Woltemade, who arrived at St James' Park just a year ago as the most expensive signing in the club's history. As that deal edges closer, Everton are working against the clock to bring in Monaco striker Folarin Balogun as a replacement for Beto, who is on the verge of joining Fiorentina.
- Juventus are in talks with Newcastle over a loan deal for Nick Woltemade worth around £5m in fees.
- Borussia Dortmund are among other clubs to have asked about the 24-year-old German forward.
- Everton are negotiating with Monaco for Folarin Balogun after accepting a £15m Fiorentina offer for Beto.
- Manchester City have confirmed the signing of Allan Elias from Palmeiras for £32.1m plus add-ons.
- Crystal Palace are set to take Honest Ahanor on loan before his £40m move to Chelsea in the summer.
- Nottingham Forest have paid £22m to Crystal Palace for Colombian wing-back Daniel Muñoz.
Juventus take the lead in Woltemade loan race
Nick Woltemade is closing in on a move from the Premier League to Serie A. Juventus have been one of several clubs to ask about the German forward's availability, and talks with Newcastle include a loan fee of around £5m. Borussia Dortmund, who have long wanted to bring him back to the Bundesliga, are also monitoring the situation.
Woltemade's time in the north east has not gone to plan. He joined from Stuttgart for £69m, a club-record fee for Newcastle, but has struggled to settle into the high-intensity systems used first by Eddie Howe and now by Matthias Jaissle. At 24, the forward needs regular minutes and a fresh start to recapture the form he showed in Germany.
Woltemade departure hinges on attacking signing
Any final move for Woltemade appears to depend on Newcastle bringing in a forward first. Jaissle's top target is Lille's Matias Fernandez-Pardo, although negotiations with the French club are moving slowly. Just behind on the shortlist is Bilal El Khannouss, the Morocco international at Stuttgart who also fits the attacking profile the club is looking for.
While the search for a striker continues, Newcastle are preparing for a busy end to the window. Jacob Murphy is wanted by Nottingham Forest, Nick Pope is looking for a new club after falling to third in the goalkeeping pecking order, and Besiktas retain an interest in Joe Willock. Pope began last season as Howe's first-choice keeper and had genuine hopes of making England's World Cup squad, but has dropped behind new signings Lukas Hornicek and Ewen Jaouen. Willock has impressed Jaissle and could now stay despite offers from Istanbul.
Everton open talks with Monaco over Balogun deal
At Goodison Park, Folarin Balogun is the main target. Everton have started negotiations with Monaco for the United States international after Fiorentina saw a bid of around £15m accepted for Beto, who is now due to undergo a medical with the Italian club.
Balogun arrives with strong backing after a standout Ligue 1 campaign in which he was named Monaco's player of the year, scoring 13 goals in 30 league appearances. Born in New York and raised in London, he came through the Arsenal academy and made ten senior appearances for the Gunners, with loan spells at Middlesbrough and Reims before his 2023 move to Monaco. His international profile rose sharply after the World Cup, where he famously had a red card overturned.
Manchester City confirm Allan Elias and open door for Grealish loan
Manchester City have officially announced the signing of Allan Elias from Palmeiras. The 22-year-old Brazilian winger joins for €37.5m plus €2.5m in add-ons. He made his first-team debut for Palmeiras last year and has recorded 96 appearances, scoring nine goals and providing twelve assists.
Elias becomes City's third major addition of the window, following the arrivals of Elliot Anderson for £116m and Ayyoub Bouaddi for £85m. On the outgoing side, the club are open to a loan for Jack Grealish, with Everton emerging as one of the best-placed destinations for the 30-year-old winger.
This is a surreal moment for me. Manchester City, with everything they have won over the past 15 years, are one of the most attractive clubs in the world for players. To be able to sit here today and say I have joined them is the proudest moment of my life.
Crystal Palace busy as Muñoz departs and Ahanor arrives
Crystal Palace face a hectic end to the window with mixed emotions. Nottingham Forest have paid £22m for Daniel Muñoz, the Colombian wing-back who will be reunited with Oliver Glasner at the City Ground. Palace, who have lost their opening two games under Pierre Sage, have also rejected a bid from Forest for goalkeeper Dean Henderson.
On the incoming front, Palace are close to bringing in Honest Ahanor. The 18-year-old Atalanta defender will join Chelsea in the summer for £40m and spend this season on loan at Selhurst Park to adapt to English football. Because Palace have already taken Axel Disasi on loan from Chelsea, they would not have been able to borrow Ahanor if his permanent transfer to Stamford Bridge had been completed during this window. Liverpool are also keeping an eye on Ismaïla Sarr, but Palace are determined not to sell the Senegal winger or midfielder Adam Wharton, who has attracted interest from Chelsea.
Hull City ask about Dario Essugo
Hull City are exploring a loan move for Dario Essugo. The midfielder joined Chelsea from Sporting last summer but is not part of Xabi Alonso's plans, and a temporary switch to the Championship club would offer him regular first-team football.
Frequently asked questions
How much would Juventus pay for Nick Woltemade on loan?
Juventus and Newcastle are negotiating a loan deal worth around £5m in fees. Borussia Dortmund have also asked about the German forward, but the Italian club are in pole position to get the deal done.
Who would replace Beto at Everton?
Everton have opened talks with Monaco over Folarin Balogun. The United States international was named Monaco's player of the year last season after scoring 13 goals in Ligue 1 and would arrive as the replacement for Beto, who is joining Fiorentina for around £15m.
How much have Manchester City paid for Allan Elias?
Manchester City have paid €37.5m plus €2.5m in add-ons for Allan Elias. The 22-year-old Brazilian forward arrives from Palmeiras and becomes the club's third major signing of the January transfer window.