Arsenal, Celtic, Sunderland, Man United and Liverpool made today’s transfer headlines

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WITH the January transfer window having been open for two weeks, clubs have had plenty of time to weigh up their options.

Today, two high-profile transfers were completed, with many more set to follow over the next fortnight or so.

It was Sunderland, Leicester City, Arsenal, Manchester United and Celtic who were among the biggest headline makers today as the Premier League’s clubs start to make their moves.

Sunderland completed the signing of striker Jermain Defoe, with Jozy Altidore going in the opposite direction to Toronto FC.

Another Premier League club to make a forward addition was Leicester, who finally signed former Chelsea target Andrej Kramaric after he was granted a work permit.

Arsenal’s hopes of signing West Ham United defender Winston Reid have taken a hit as the Gunners are not prepared to pay the minimum £8m asking price. (Daily Mail)

Man United could spend as much as £150m after Louis van Gaal was given the green light to make more signings. (Daily Mirror)

Celtic defender Virgil van Dijk has welcomed reports linking him with a move to Arsenal. (Metro)

West Ham manager Sam Allardyce wants midfielder Alex Song to join on a permanent basis when his loan spell from Barcelona ends in the summer. (Goal)

Tottenham Hotspur are interested in Sevilla striker Carlos Bacca. (Daily Mail)

Crystal Palace are planning to lodge an improved offer for Swansea City left-back Neil Taylor after having a £3.5m bid turned down. (Daily Mail)

Manager Harry Redknapp says Shaun Wright-Phillips won’t leave Queens Park Rangers because he is on a lucrative contract. (ESPN)

Islam Feruz has joined Blackpool on loan from Chelsea. (Sky Sports)

Fulham manager Kit Symons says the club are in talks over the signing of two players. (Daily Star)

Krystian Bielik, 17, has travelled to England for a medical with Arsenal, his current club Legia Warsaw has confirmed. (London Evening Standard)

Juventus have submitted a bid for Manchester City forward Stevan Jovetic. (Goal)

Liverpool manager Brendan Rodgers has ruled out a January departure for midfielder Lucas. (The Times)

Real Sociedad boss David Moyes has made Burnley striker Danny Ings one of his top summer transfer targets. (The Independent)

Man United loanee Radamel Falcao’s future is uncertain, with Juventus and Roma interested in signing him. (Daily Star)

Everton midfielder Kevin Mirallas has stopped contract talks with the club, alerting a number of clubs in England and overseas. (Daily Mirror)

Napoli striker Gonzalo Higuain’s brother and agent says he is happy at Napoli, and has held no talks with Liverpool. (Daily Mail)

Roma president James Pallotta says only a “stupid” offer would tempt them to sell Man United target Kevin Strootman. (talkSPORT)

Crystal Palace manager Alan Pardew has not ruled out moves for Liverpool left-back Jose Enrique and Swansea City striker Bafetimbi Gomis. (Daily Star)

Hull City’s top priority is the loan market, meaning they are not about to make a £4m offer for Blackburn Rovers striker Rudy Gestede. (Hull Daily Mail)

Manchester City’s £3m asking price for Scott Sinclair has stalled the forward’s switch to Aston Villa. (Birmingham Mail)

Brighton and Hove Albion are monitoring Tranmere Rovers midfielder Max Power. (The Argus)

Meanwhile, it is all quiet on the transfer front at Newcastle United.