Transfer news live: Everton close on Ishak Belfodil as Juventus and Barcelona 'join race' for Adam Lallana

Follow all the latest from the transfer window on Thursday 12 January

Lallana has impressed for Liverpool this season (Getty)

Everton are closing in on their third signing of the January transfer window after reportedly agreeing a £10.5m fee with Standard Liege for Algerian forward Ishak Belfodil.

Elsewhere, Manchester United have triggered a one year extension in Marouane Fellaini's contract that will keep him at Old Trafford until 2018 while Juventus and Barcelona are rumoured to be keeping tabs on Liverpool's Adam Lallana.

Follow the latest news below...

[12 January 2017 07:31 · Evan Bartlett]

Welcome to The Independent’s transfer live blog where we’ll bring you all the latest news, rumours and done deals every day through January until deadline day. Here are the biggest headlines doing the rounds this morning:

The Times reports that Juventus and Barcelona are interested in signing Liverpool's Adam Lallana in the summer should he fail to extend his contract at the club. PSG are also rumoured to be among his those keeping tabs on the England winger.

Everton are closing in on their third signing of the January transfer window after reportedly agreeing a £10.5m fee with Standard Liege for Algerian forward Ishak Belfodil.

Elsewhere, Manchester United have triggered a one year extension in Marouane Fellaini's contract that will keep him at Old Trafford until 2018.

Crystal Palace are closing in on a £3m deal for Arsenal right-back Carl Jenkinson, according to The Sun.

West Ham are hoping to tempt Hull City with £5m for Scottish attacking midfielder Robert Snodgrass whose contract runs out in the summer, according to Sky Sports.

[12 January 2017 08:07 · Evan Bartlett]

Done deal?

Everton have reportedly had a £10.5m offer for Algerian forward Ishak Belfodil accepted by Standard Liege. The 24-year-old would be the Toffees' third signing of the January transfer window.

[12 January 2017 08:17 · Evan Bartlett]

Terry 2.0...

Chelsea have reportedly made Middlesbrough's centre-half Ben Gibson their number one target to replace John Terry in the summer. The Mirror reckon the 23-year-old could set them back £30m.

[12 January 2017 09:06 · Evan Bartlett]

Bakayoko to the Premier League...

Liverpool and Arsenal have made a "concrete approach" for Monaco midfielder Tiemoue Bakayoko, according to French tabloid Le 10 Spo​rt.

The 22-year-old midfielder is also thought to be attracting interest from Manchester City and Chelsea but will the French club sell? Read more here.

[12 January 2017 09:58 · Evan Bartlett]

[12 January 2017 10:22 · Evan Bartlett]

Slaven Bilic gives an update on Payet...

[12 January 2017 11:10 · Evan Bartlett]

[12 January 2017 12:23 · Samuel Lovett]

[12 January 2017 12:25 · Samuel Lovett]

Done deal!

Fleetwood Town have completed the signing of Manchester City youngster George Glendon.

The 21-year-old has been on loan at the club and has now penned an 18-month deal.

[12 January 2017 12:41 · Samuel Lovett]