It's the time of the year when rumours spread everywhere as clubs prepare to reinforce their squads for a better second-half of the season.
So far, we have seen Luca Toni and David Beckham sealing loan moves to AS Roma and AC Milan respectively, while Inter signed Goran Pandev on a free transfer.
In Liverpool, Rafa Benitez has been told that he would need to sell players to raise funds, if he is to bring in any new faces in January. Over the past few months, there have been so many players linked with moves in and out of Liverpool.
Early signs have shown that Rafa could well be looking forward to a couple of bargain signings. With only less than four weeks more before the transfer window, who are Liverpool going to sign and sell?
The following slides will reveal the possible signings.