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LONDON, ENGLAND - MAY 25:  Ilkay Gundogan of Borussia Dortmund (L) celebrates with team-mate Marcel Schmelzer after scoring a goal from the penalty spot during the UEFA Champions League final match between Borussia Dortmund and FC Bayern Muenchen at Wembley Stadium on May 25, 2013 in London, United Kingdom.  (Photo by Alex Grimm/Getty Images)
LONDON, ENGLAND - MAY 25: Ilkay Gundogan of Borussia Dortmund (L) celebrates with team-mate Marcel Schmelzer after scoring a goal from the penalty spot during the UEFA Champions League final match between Borussia Dortmund and FC Bayern Muenchen at Wembley Stadium on May 25, 2013 in London, United Kingdom. (Photo by Alex Grimm/Getty Images)Alex Grimm/Getty Images

Ilkay Gundogan Transfer Rumors: Latest News on the Borussia Dortmund Star

Vince Siu
Jan 27, 2014

With just over four days left in the January transfer window, itโ€™s no surprise to see rumors flowing in thick and fast, and Borussia Dortmund star midfielder Ilkay Gundogan is no exception.

Currently out of the Dortmund team with a long-term back injury, according to BBC Sport, Gundogan has been an instrumental part of Jurgen Kloppโ€™s team and has become known as one of the best young midfielders in European football.

The German midfielder, who signed for Dortmund from 1. FC Nurnberg in the summer of 2011, is currently mulling over a decision on his future, according to Sky Sports, and given his contract situation could be in line for a move outside the Bundesliga.

Here we will have the latest news and rumors on Gundogan and his potential destination.

Last updated: January 27, 2014

The latest news on Gundogan is that heโ€™s been ruled out of the first โ€œtwo or three gamesโ€ of the second half of the Bundesliga season, according to Dortmund manager Jurgen Klopp, courtesy of the official Bundesliga website.

While this injury update may deter potential suitorsโ€”namely the two giant clubs mentioned belowโ€”they may nevertheless still consider a bid with Gundogan nearing full fitness.

Watch this space for our latest updates and rumor roundup on Gundoganโ€™s future.

The context and whatโ€™s happened so far

To start off, David Anderson of the Mirror wrote on January 9 that Borussia Dortmund were on the verge of offering Ilkay Gundogan a new deal to ward off strong interest from Premier League club Manchester United.

Since then, according to Simon Jones of the Daily Mail, the Red Devils have grown confident that Gundogan will be joining them this summer. The playerโ€™s father, however, has also reportedly held discussions with Real Madrid and Barcelona besides his current club, while both Arsenal and Chelsea have allegedly shown an interest in the midfield playmaker.

Finally, according to German newspaper Bild (via ITV.com), both United and Real have reportedly made offers expected to rise above ยฃ20 million.