Transfers News and Rumours of the Day, 29th December 2016

Modified Dec 29, 2016 15:02 GMT

LONDON, ENGLAND - DECEMBER 26: Alexis Sanchez of Arsenal reacts during the Premier League match between Arsenal and West Bromwich Albion at Emirates Stadium on December 26, 2016 in London, England. (Photo by Julian Finney/Getty Images) — Alexis Sanchez could be leaving Arsenal for a surprise destination

Rest of Europe

LONDON, ENGLAND - NOVEMBER 23: Jese of PSG (L) and Thiago Silva of PSG (R) shows appreciation to the fans after the final whistle during the UEFA Champions League Group A match between Arsenal FC and Paris Saint-Germain at the Emirates Stadium on November 23, 2016 in London, England. (Photo by Shaun Botterill/Getty Images) — Jese could make a move back to La Liga

- PSG have put in a bid for River Plate striker Lucas Alario, in a bid to replace Jese, who is almost certain to leave the club. The former Real Madrid winger could make a move back to La Liga with Las Palmas, whose president poured cold water on chances of the move going through, revealing that Liverpool, AC Milan and AS Roma were interested.

- Highly sought after AS Monaco midfielder Tiemouye Bakayoko has dismissed rumours of a move away from the principality, claiming he has no interest in a move abroad in this transfer window. Chelsea and Manchester United were some of the giants chasing Bakayoko, but Monaco can be pleased that he still has his focus on the Ligue 1 title race.

- Unai Emery is set to authorise a move for Grzegorz Krychowiak away from Paris St-Germain, according to reports in Italy. Juventus are rumoured to be the club interested in prising the Polish destroyer away from Paris, as he has underwhelmed after a big-money move from Sevilla last summer.

Edited by Staff Editor