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Arsenal confirm the signing of Nacho Monreal for a fee of just over £8m and Harry Redknapp confirms that Andros Townsend has joing QPR on loan from Tottenham.
And that's the 2013 January transfer window closed. Just six months to August's Transfer Deadline Day... we can hardly wait, can you?
Not much excitement it appears, just confirmation of deals going through that we expected to go through hours ago; Jack Butland to Stoke and back to Birmingham on loan for example, Matthew Upson to Brighton on loan from Stoke being another.
Our final update will be after the window has closed, should there be any final minute transfers.
The done deals are starting to come in at 'David Beckham running down PSG's right wing' pace. Everton have confirmed that 18-year-old full-back John Stones has joined the club for a fee reportedly around the £3m mark.
Done deals. Aston Villa have signed winger Simon Dawkins on loan, while QPR have finally announced that Jermaine Jenas has singed an 18-month contract at Loftus Road. Andros Townsend is extremely close to signing and we can expect that to go through before the deadline.
QPR are available to back at [1.8] in the Relegation market.
22:00 - One hour remaining
It's oh so quiet. About the only thing happening of any note right now is the Peter Odemwingie committing football suicide story. I get a feeling there's more to this however, and that the West Brom striker isn't the only man at fault.
Nothing happening at Everton, nothing happening at Celtic, nothing happening at the Etihad. Note to Sky Sports News... send your guys home, it's been a long day.
For the sake of some Transfer Deadline Day excitement, can someone ask Jermain Defoe or someone to drive past the doors of Loftus Road... just to get tongues wagging.
Bad news for Tottenham fans, that Leandro Damiao deal is definitely off as Spurs didn't offer enough cash according to reports.
Leeds have been the busiest club in the Championship today, selling Luciano Becchio to Norwich and bringing in three new players, the latest being Habib Habibou arriving on loan until the end of the season. Staying in the Championship, Crystal Palace have signed veteran striker Kevin Phillips from Blackpool.
Palace are available to back at [4.2] in the Promotion market, while Leeds are on offer at [10.0].
Done deal. Alou Diarra has joined Rennes on loan from West Ham, but there's conflicting reports about their star midfielder Mohamed Diame. Reports suggest that the Hammers have received no bids for him yet, but SSN report a Premier League club has tabled a bid that has triggered his release clause.
So, it seems with just under two hours to go we're awaiting news on Nacho Monreal from Malaga to Arsenal. If that deal goes through, for a reported £8.5m, he will be the second biggest signing of the day in terms of transfer fee for a player joining a Premier League club.
And we're also awaiting for confirmation of deals at QPR - though the Loftus Road club have just said that Peter Odemwingie is not in the building. Apparently he is driving up to Newcastle to see if they want to sign him!
Meanwhile, Norwich have had their 26th bid for Gary Hooper turned down by Celtic. Time to give up we reckon.
21:00 - Two hours remaining
Fulham could be about to make their third loan signing of the day, and it's another player that will be re-joining Martin Jol. His name is Eyong Enoh, and he currently plays as a midfielder for Ajax. The Craven Cottage club are available to back at [3.5] in the Top 10 Finish market.
Reports suggest that Peter Odemwingie is still trying to master-mind his own move to QPR from West Brom, but if the Baggies haven't given him permission to talk then surely all they have to do is refuse to sign any paperwork.
As the window begins to close slightly, we have a feeling there'll be at least one 'surprise' transfer. Any ideas anyone?
Ah... Tottenham are letting us down. Leandro Damiao is very unlikely to join the north-London club according to various reports. Booooo.
And another top-four-chasing club not about to get their top target is Everton as Alvaro Negredo is currently strutting his stuff for Sevilla in the Spanish Cup semi-final.
Tottenham are [2.26] to record a Top Four Finish, while Everton are available to back at [5.3].
There's still plenty happening at QPR though; Jermaine Jenas is about 99% certain to be a Hoops player at some point this evening, and his Spurs teammate Andros Townsend is also likely to join the Premier League's bottom club.
Meanwhile in Scotland, Celtic have turned down a 17th bid from Norwich for Gary Hooper. Where will it all end?
The £17m transfer of Leandro Damiao to Tottenham is far from dead now... talks are ongoing, and with Spurs' record at leaving things very late then don't rule this one out just yet.
The Peter Odemwingie on/off/on/off transfer has taken a remarkable turn. It appears West Brom haven't given the striker permission to talk to QPR but the player has himself simply turned up at Loftus Road to try and get himself a new club. Bizarre to say the least.
Not sure I agree with Sky Sports News' Rob Dorsett who has continually said that Stoke boss Tony Pulis, "has done it again", in reference to pulling off two stunning transfers. One is a goalkeeper that has gone back on loan to his old club. The other is an American winger who has been injured since August!
Stoke can be backed at [1.96] in the Top 10 Finish market.
Yes, we did say more regular and succinct updates, but when nothing is happening then nothing is happening.
It does seem that the Peter Odemwingie to QPR deal is back on however. The two clubs - West Brom being the other - have agreed a fee and it appears the Junior Hoilett stumbling block has been removed.
We did say in our very first post this morning that QPR would feature strongly today, and we still believe they'll be the club doing business right up until the very last minute. Jermaine Jenas and Andros Townsend (who was told a deal was off this morning) could be other players joining the Loftus Road club.
Arsenal are closer to signing Malaga left-back Nacho Monreal who has reportedly passed a medical at the Emirates. If that deal goes through it will be for around £8m.
And what about Tottenham? They have been remarkably quiet today, though aren't they always until the very last hour? It has been rumoured that they are desperately trying to sign 23-year-old Brazilian striker Leandro Damiao, and that the deal isn't completely dead just yet.
In the Top Four Finish market Tottenham are available to back at [2.26], with their north-London rivals Arsenal at [2.44].
Time to step up the Transfer Deadline Day news with more succinct and regular updates. So here goes.
Peter Crouch - deal off. He's staying at Stoke, and so is Kenwyne Jones, though we weren't aware of him going anywhere. Will QPR move for any other striker then? Peter Odemwingie the most liekly.
That's not it from QPR though. Expect something to happen with Spurs midfielder Jermaine Jenas and possibly - though now appearing less likely - David Bentley. QPR are available to back at [1.82] in the Relegation market.
We can confirm that Stephen Warnock has joined Leeds United from Aston Villa, reportedly turning down West Ham to do so, while Fulham have bagged another loan player in Stanislav Manolev from PSV.
Yes it's been a pretty dull Transfer Deadline Day so far but there's still over four hours remaining before the window closes and that means the potential for some shock moves to happen.
Could one of those shock moves be Darren Bent leaving Aston Villa, possibly going to QPR? You heard that one here first, right?
And after saying Arsene Wenger could be on his way home it has emerged that Arsenal might, just might, be in the market for Malaga left-back Nacho Monreal. Though Wenger might still be on his way home as this deal has reportedly been agreed already with Monreal originally due to join at the end of the season, but because of injury to Kieran Gibbs the transfer has a chance of being brought forward.
At Stoke, Brek Shea has been granted a work permit and joins the Potters while Dutch midfielder Urby Emanuelson has joined Fulham on loan from AC Milan.
Back down to the Championship and the news that all Middlesbrough fans have been waiting for - Kieron Dyer has joined the north-east club on a 'pay as you play' deal. Given his injury record it's hard to see the 34-year-old making a fortune over the next few months!
So, what's happened in the last hour? Arsene Wenger has left the Arsenal training ground. Sky Sports News wonder if that means he has gone to sign someone?
Call me sceptical, but I'm pretty sure 95% of the nation finish work around this time so he might, just might be on his way home. And don't potential signing have to come to Arsenal for a medical, not Mr Wenger drive to them? Who knows?
The Gunners can be backed at [2.44] for a Top Four Finish.
Looks like Aston Villa have done their business for the day. Yacouba Sylla is their only signing because he fits in with the club's current policy they say. By that Villa mean they've signed a player who has never played top-flight football before so he'll be great in the Championship next season.
Aston Villa's odds for the drop continue to shorten - they are now available to back at [1.59] in the Relegation market. Only Reading at [1.58] are shorter.
In the Championship Leeds are very close to signing Aston Villa full-back Stephen Warnock, while one deal that appears to have gone through is Jack Butland from Birmingham to Stoke, but the Brum goalkeeper will return to the Midlands on loan until the end of the season.
Goalkeeper Jack Butland is at Stoke for a medical, and if that transfer goes through he will return to Birmingham for the rest of the season on loan. We have a feeling that's what will happen with Thomas Ince too should a 'big' Premier League club come in for the Blackpool starlet tonight.
Stoke's long-serving, long-throwing midfielder Rory Delap has moved to Championship strugglers Barnsley on loan until the end of the season.
Harry Redknapp is saying he's not expecting too much to happen now, but we have a feeling that QPR haven't done the last of their spending just yet.
Peter Odemwingie is still a target, while midfielders David Bentley and Jermaine Jenas were being touted as almost certain transfers earlier in the day. Those latter two share the same agent as Danny Graham, who is believed to be hot-footing it from the north-east to London so expect those deals to reignite later this evening.
Remember I told you about John Stones earlier. Well the Barnsley full-back is now having a medical at Everton after it looked like he might go to Wigan earlier in the day. That'll be good news for Steven Pienaar who has recently tweeted that he hopes his club get some players in.
Tottenham have confirmed that goalkeeper Heurelho Gomes has joined Hoeffenheim on loan for the remainder of the season. Spurs can be backed at [2.26] in the Top Four Finish market.
David Beckham was asked to say one word in French during his Press Conference. Pretty confident 'Bonjour' would have been matched at [1.01] on Betfair if we'd have had a market on that.
Becks also says he turned down many offers and chose PSG because he can see how they are moving forward. He also says that he won't be playing in 10 to 20 years time. Nothing like the obvious being stated by our Becks.
Massive credit to Beckham however, as he has revealed that he won't receive a penny in wages during his time at PSG, his salary being donated to a children's charity in Paris.
The saga continues between Norwich and Celtic over the transfer of Gary Hooper with the Scottish champions rejecting a fourth bid from the Canaries.
It seems Norwich are desperate to get their man despite them signing Luciano Becchio earlier in the day, and Celtic seem desperate to hold on to him with Champions League games against Juventus to come. Neil Lennon's men are [5.7] To Qualify from that tie.
Norwich boss Chris Hughton isn't content on strengthening just his attack however with the news that they've tabled a £2m bid for Birmingham defender Curtis Davies. Brum are holding out for twice that amount according to reports.
Back at QPR - who are now out to [1.84] in the Relegation market - Harry Redknapp believes any deal to bring Peter Crouch to Loftus road is dead in the water with Stoke boss Tony Pulis wanting to keep his striker.
Incidentally, two of today's main Deadline Day protagonists - QPR and Norwich - meet at Loftus Road on Saturday in what is shaping up to be a vital game for both sides. Match Odds - QPR [1.97], Norwich [4.3], The Draw [3.7].
Quite early for Tottenham to be thinking about activity with a whole seven-and-a-half hours left of the window, but reports that they have made a £16m bid for long-term target Leandro Damiao as they look to secure Champions League qualification. They trade at [2.26] to make a top four slot.
Speaking of Tottenham strikers, unsurprising news emerges from Barnsley that the Championship outfit have cancelled Mido's contract. Shares in fast food outlets in the area have plummeted, while Barnsley are still as short as [1.6] to get relegated.
Elsewhere, Stoke have reportedly agreed a fee with Birmingham City for goalkeeper Jack Butland, who turned down a move to Chelsea's bench earlier in the week.
Ex-Middlesbrough striker Danny Graham has moved to Sunderland for a reported £5m fee. Not sure how that'll go down with the Black Cats faithful; he was roundly booed during Swansea's visit last weekend in what was one of the worst games of the season. He's signed a three-and-a-half year deal in the North East and presumably will go straight into the squad to face Reading at the Madejski Stadium.
In other more glamorous news (with all due respect to Martin O'Neill and Danny Graham) David Beckham is expected to be unveiled as a Paris St Germain player this afternoon. At the moment, we're not sure what number shirt he'll have; 7 and 23 are both taken. That said, he wore 32 under Ancelotti in Milan, so maybe he'll plump for that. When Zlatan signed for the Paris giants he was unveiled in front of the Eiffel Tower so it'll be interesting to see how they top that for the original global superstar footballer.
And before we leave for another wee while, news has come through to us that Liverpool plan to release Doni. Hold the back page!
Starting to wonder if clubs up and down the country realise that the transfer window shuts at 11pm tonight, not 11am this morning, as it's gone extremely quiet in the last few hours.
I can report however that Newcastle fan and former Middlesbrough player Danny Graham has turned up for a medical at Sunderland after the Black Cats and Swansea agreed a £5m fee. Graham better hit the ground running at Sunderland, or the fans will soon remind him of his links to the two other big north-east clubs, and it won't be pleasant.
Sunderland are available to back at [2.86] to record a Top 10 Finish, while Newcastle can be backed at [6.2].
News from Anfield... but it's not very big news so don't get too excited Liverpool fans. Reserve team striker Dani Pacheco has moved out on loan to Spanish second division side SD Huesca. Pacheco is 22-year-old now and has been at Liverpool seemingly for an age. Our guess is we'll never see him in a Reds shirt again.
After surrendering a 2-0 lead over Arsenal last night, Liverpool are out to [8.8] to record a Top Four Finish this term, the Gunners can be backed at [2.44].
Aston Villa are extremely close to signing Yacouba Sylla, a 22-year-old French midfielder who - wait for it - has never played top-flight football anywhere, has never scored a league goal, and has been described this morning as not ready to make an immediate impact.
I'm not sure he's the signing Villa fans had in mind as the club desperately tries to avoid relegation - for which they can be backed at [1.63] currently.
We've saved the best bit of news for last in this update however. Harry Redknapp has finished his lunch and has been interviewed... from the window of his car again. Somethings never change.
Some of the bigger deals either completed or expected to be completed include;
Mario Balotelli - £19m - Man City to AC Milan
Chris Samba - £12.5m - Anzhi Makhachkala to QPR
Gary Hooper - upto £10m - Celtic to Norwich?
Danny Graham - £5m - Swansea to Sunderland
David Beckham - free agent - to Paris St Germain
We're also expecting QPR to make bids for one, two, or even all three of the following - David Bentley, Jermain Jenas (both Tottenham) and Peter Crouch (Stoke). Slightly less likely perhaps, but don't rule out QPR making a bid also for West Brom striker Peter Odemwingie who last week was very vocal about his desire to leave the Baggies.
The Loftus Road club were available to back at [1.72] in the Relegation market last night, they have now drifted to [1.8].
Stoke have tabled a formal bid of around £4m for Birmingham goalkeeper Jack Butland, however the youngster says he only wants to join a club that can guarantee him first team football. With Asmir Begovic at Stoke, it's unlikely Butland will be first choice. Or will Begovic seal a late move to a bigger club?
We have another done deal. Luciano Becchio is now a Norwich player with Steve Morrison and some cash going to Leeds.
Mutterings that David Moyes wants to bring in one or two new players at Everton, with Alvaro Negredo reportedly his top target, though an unknown La Liga player could also be one of his targets.
And we believe that Harry Redknapp has gone for lunch. Egg, bacon, sausage and beans his meal of choice, though wheeler-dealer Harry is right now trying to negotiate a swap deal, bringing in some fried bread with a rash of bacon going in the opposite direction.
We hope you enjoyed that last entry from transfers completed on Deadline Day 10 years ago, but back to the serious business now... and it's been quite busy in the last hour or so.
Firstly, David Beckham - who is a free agent and doesn't have to sign before tonight's 11pm deadline - is having a medical at Paris St Germain. The Ligue 1 Orange club are as short as [1.34] to win the French title this season.
Luciano Becchio has passed a medical at Norwich and is expected to sign shortly with Steve Morrison moving to Leeds as part of the deal. The Yorkshire outfit are available to back at [10.0] in the Championship Promotion market.
As for the earlier news we brought you on Andros Townsend possibly joining QPR, well the Spurs winger turned up for a medical, and was promptly told the deal was off. He turned his car around and drove off. Charming eh? Tottenham are available to back at [2.26] in the Top Four Finish market.
Highly-rated Barnsley right-back John Stones was reportdly a target of Everton, but it appears Wigan have had a £3m bid accepted from the Championship club. Staying with Everton and they have said that Marouane Fellaini is not for sale this window and he will be staying at the Goodison Park club.
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11:15 - Done Deals (2003)
Christophe Dugarry has joined Birmingham on loan until the end of the season, while Harry Redknapp has moved to strengthen his Portsmouth squad by signing little known Maccabi Haifa striker Yakubu.
Yakubu may be little known to most of you, but we've seen him play and we reckon he'll be a huge success at Pompey, before moving to Middlesbrough, Everton, Leicester and Blackburn.
Middlesbrough have been heavily involved in this window and they have signed Malcolm Christie from Derby and the highly-rated Michael Ricketts from Bolton. Both are sure to score goals in the Premier League and we predict huge futures for these two - Christie possibly moving into car sales with Ricketts perhaps getting released from Tranmere in 2010 and never playing again.
Lee Bowyer has moved from Leeds to West Ham but we're not sure about this one. We can see Bowyer hitting some poor form, retiring from the game, and ridiculously trying to qualify for golf's Open Championship in 2012.
Big done deal. Super Mario has finally ended his stay in England. Balotelli is now an AC Milan player having agreed a four year contract with the Italian giants. The fee is reported to be in the region of £19m and Mario will wear the number 45 shirt, probably in reference to the number of minutes he has played for Man City this season.
Norwich are like a dog on heat when it comes to Gary Hooper, they're in again, this time with a fourth bid. It probably doesn't help their chances of having a bid accepted when at the bottom of a Norwich fax it reads, "please reply ASAP so we can put forward another bid should you reject this one."
Republic of Ireland winger Aiden McGeady was reportedly close to signing for Wigan but Latics boss Roberto Martinez has now said that the Spartak Moscow player will not be joining the relegation-threatened club.
We haven't mentioned QPR for a while, but fear not here's some more news on the London club. And surprise surprise it's Harry raiding his old club again - this time he's in for Spurs midfielder Andros Townsend. Rumours that Redknapp is trying to persuade his former West Ham striker Paulo di Canio out of retirement are said to be wide of the mark however.
So, it's the clubs at the bottom of the Premier League table that are desperately trying to strengthen their squads. In the Relegation market Betfair currently bet - Reading [1.55], Aston Villa [1.64], QPR [1.77], Wigan [2.42], Southampton [3.3], and Norwich [6.8].
First, some housekeeping on the earlier news we brought you about Danny Graham. His representatives have told Sky Sports News that he has ruled out a move to Middlesbrough, despite Swansea accepting a £5m bid from the north-east club.
Staying in the Championship we have some news on Blackpool's star player Thomas Ince. And the news is that, well, he's staying in the Championship! Interest from Liverpool appears to have died down, but don't be surprised if a Premier League club agrees a deal similar to the 'Wilfried Zaha to Manchester United back to Crystal Palace on loan' deal.
We have a done deal. Defender Paul Scharner has moved to Wigan on loan from Hamburg. The Latics are available to back at around [2.36] in the Relegation market.
And we also have a cancelled deal. Everton agreed a few with FC Twente for midfielder Leroy Fer earlier in the week, but that proposed transfer is now off after it came to light that the 23-year-old has a problem with knee. The Toffees can be backed at [5.1] in the Top Four Finish market.
We've already mentioned some of the big Premier League clubs and how they are not expected to be involved heavily on Transfer Deadline Day. Well what about Arsenal? It's rumoured that they could strengthen their squad by selling defender Andre Santos! But as for Arsene Wenger spending any cash today - about a loaf of bread is probably as much as he'll stretch to.
One of the biggest stories so far this morning, certainly from a transfer fee perspective, is the £5m fee reportedly agreed between Middlesbrough and Swansea for striker Danny Graham.
Graham was released by 'Boro as a teenager but since then the club has gone backwards whereas Graham's career has moved forward. Middlesbrough have lost three on the spin in the Championship and are desperately in need of some firepower in attack. Tony Mowbray's men are available to back at [4.1] in the Promotion market.
As we've already said, QPR are going to figure prominently on TDD, and the early news is that experienced defender Christopher Samba has passed a medical and signed for the Loftus Road club.
BREAKING NEWS - Sky Sports News have just interviewed Harry Redknapp from his car window... now there's a surprise. QPR are reportedly interested in David Bentley, while Jermaine Jenas and Peter Crouch - other players Harry has previously worked with - could also be going to the Premier League's bottom club. No change in their Relegation odds though - still [1.74] to back.
Celtic striker Gary Hooper is a player expected to move clubs at some point before tonight's 11pm deadline, though Norwich have now had a third bid rejected by the Scottish giants. Could the Canaries now turn their attention to Leeds striker Luciano Bechhio? Norwich are [6.6] to be relegated.
Of the clubs at the top of the table, Manchester United, Chelsea, and Liverpool have all said they don't expect much to happen today, while the big news from Man City's perspective is the transfer of Mario Balotelli to AC Milan. That hasn't been finalised yet, so expect things to go wrong there - Mario setting off a firework in Milan airport perhaps, being arrested, and missing the deadline to sign his contract.
Welcome to Transfer Deadline Day - or if you're a QPR fan, Revolving Door Day.
Depending on how tight your chairman is, how desperate your club is for cash, or where you currently sit in the league, today can be a bit like either Christmas or Halloween. Will you be unwrapping some exciting new talent, or will you endure the nightmare scenario of your club selling your most prized assets?
Stick with us and we'll bring you all the transfers that matter, and perhaps more importantly, how the Betfair football markets are being affected.
Take the aforementioned QPR for example. Harry Redknapp - probably from the comfort of hanging out of his car window - is set to offload and bring in a plethora of players today with the aim of strengthening his squad. The Hoops are available to back at [1.74] in the Relegation market, but those odds could change dramatically depending on activity at Loftus Road during the next 14 hours.
We'll shortly bring you an update of what has happened and some of the transfers that are expected to happen, but don't forget you can follow our Twitter handle - @BetfairSports for more regular succinct updates right up until the window slams shut.