For part one of our live coverage, click here.

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Deadline day is hitting the home stretch, and we'll be here the whole way.

The January transfer closes tonight at 11 p.m. GMT, or 6 p.m. Eastern. We'll have updates throughout the day as we hear about all the biggest rumours and deals.

This day 12 months ago saw Andy Carroll join Liverpool for £35 million, breaking the British transfer record. It didn't stand for long though. Fernando Torres signed with Chelsea for £50 and took spending to a record £225 million.

We don't expect quite the same level of spending this time round, but there is sure to be excitement nonetheless.

Stay tuned, and make sure to comment below if you hear of anything we've missed. Either that, or send me a tweet to @MikeCummings37