Juan Mata has moved a step closer to a reported £37million move to Manchester United.
Chelsea have wasted little time in looking to replace the Spaniard, having agreed a fee with Basle for highly-rated Liverpool target Mohamed Salah.
And in tennis, Rafael Nadal will meet Stanislas Wawrinka in the Australian Open final after victory over Roger Federer.
We start with Juan Mata however, and the attacking midfielder’s shock move to Old Trafford from Chelsea.
A deal is yet to be completed, but it’s thought that the former Valencia playmaker is flying to the champions to complete a medical late on Friday.
Jose Mourinho won’t be light of a player for long though, after the Blues confirmed they had agreed a fee for 21-year-old Egyptian international Mohamad Salah.
Liverpool had been courting the versatile right-winger earlier this month, but Chelsea appear to have won the race for a fee in the region of £11million.
Neither player will be in action this weekend, with the FA Cup fourth round taking centre stage from the Premier League.
United are already out of the competition, whilst the Blues host Stoke City on Sunday.
Liverpool, meanwhile, face a tricky looking trip to Sky Bet Championship side Bournemouth.
Arsenal host Coventry City on Friday night, whilst last year’s winning manager, Roberto Martinez, will take his Everton side to League One Stevenage.
In other transfer news, Bayern Munich star Thomas Muller admits he’s flattered to be linked with Real Madrid.
The German international denied that he’s been contacted over a €45m move though, and is focused on his side’s challenge for the Bundesliga.
Teammate Dante also played down speculation surrounding his future in Germany, insisting there has been no contract from Manchester United.
Other names to keep an eye out for in the final week of the transfer window include Julian Draxler, who has been heavily linked with Arsenal, and Ivan Rakitic, who is reportedly being monitored by a number of Premier League clubs.
One long-shot who won’t be moving in January is Radamel Falcao however, after the AS Monaco star suffered a knee injury in a French Cup clash on Wednesday.
The Colombian, rated at €100million and linked with Chelsea, is now a doubt for this summer’s World Cup.
Elsewhere in sport, and Rafael Nadal is through to his third Grand Slam final in Australia after victory over Roger Federer in Melbourne.
The Spanish legend is bidding for his 14th Major title, and will start as favourite against another Swiss opponent in the shape of Stanislas Wawrinka.
In the women’s final, Li Na will meet Dominika Cibulkova after emphatic semi-final victories.
Formula 1 are set to go ahead with double points in the final race of the season, in an effort to maintain interest until the end of the Championship.
Had the rule been in place over the past 15 years, three different winners would have claimed the ultimate driving crown.
England have finally claimed a win over Australia in the cricket, with half-centuries from Ian Bell, Ben Stokes and Jos Buttler setting the template for the tourists.
The win follows eight straight defeats in all formats against Oz, and means the deficit has been cut to 3-1 in the five-game one day series.
And finally, the world of American Football is preparing for the Super Bowl next Sunday – but not before the Pro Bowl this weekend.
The NFL showpiece event consists of the best players in both the NFC and AFC divisions, with teams this year picked by legendary hall-of-famers Deion Sanders and Jerry Rice.