Charlton swoop for Owls defender Bougherra

Charlton Athletic had their bid for the central defender Madjid Bougherra accepted by Sheffield Wednesday yesterday. The exact fee was not released but the Owls had previously rejected a £1.3m offer for the 24-year-old. The Premiership side then made an "improved offer" for the Algeria international.

The Owls chairman, Dave Allen, declared earlier in the week that he would only listen to offers of around £3m for Bougherra, who arrived on a free transfer in the summer from French side Gueugnon. Bougherra is now expected to travel to London for talks and a medical over the weekend.

Tottenham midfielder Edgar Davids has reportedly agreed an 18-month contract to join Ajax, the club he helped to three league titles, a Uefa Cup and a Champions' League win in the 1990s. After successful spells with Milan, Juventus, Barcelona and Inter, he joined Spurs in 2005.

Watford have confirmed the signing of striker Steven Kabba in a £500,000 transfer from fellow Premiership strugglers Sheffield United. The 25-year-old has agreed a two-and-a-half-year deal.

Wigan have signed the Chesterfield striker Caleb Folan for £500,000. The 24-year-old has scored eight goals in 19 games this season and has agreed a three-and-a-half-year deal at the JJB Stadium.

Fulham have signed the former Chelsea midfielder Alexei Smertin. Smertin's arrival is expected to be announced ahead of today's FA Cup fourth-round tie against Stoke and he has already been training with the Cottagers prior to completing his move from Dynamo Moscow.