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Transfer news LIVE: Liverpool identify Philippe Coutinho replacement, Arsenal close on defender, Alexis Sanchez latest

Good morning and welcome to The Independent's live coverage of the January transfer window.

There's only one place to start, isn't there? Philippe Coutinho is now the world's third-most expensive player after finally sealing his dream move from Liverpool to Barcelona. The Catalan giants have paid a cool £142m to get their hands on the Brazilian leaving Jurgen Klopp with a hole to fill this month.

The German won't be the only Premier League manager spending though with Jose Mourinho on the lookout for reinforcements at Manchester United and Pep Guardiola, seemingly not content with a 15 point gap at the top of the table, looking for additions too with a new centre back and a certain Alexis Sanchez on his shopping list.

We will have all the latest news throughout the day right here so settle in, open up a browser tab and keep it here.


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