It has already been a busy January in the transfer market but there is still plenty of time for clubs to get their business done ahead of the window slamming shut at the end of the month.
There have been some notable transfers already this winter, with Chelsea being perhaps the most active side, bringing in five players to date, including Mykhailo Mudryk from Shakhtar Donetsk in a deal that could end up costing the Blues a reported £89m.
Joao Felix and Benoit Badiashile are among the other new arrivals at Stamford Bridge, while Liverpool have recruited Cody Gakpo from PSV Eindhoven and Manchester United have also been busy, landing both Jack Butland and Wout Weghorst on loan.
With more deals undoubtedly on the horizon, now feels like the perfect time to look at five transfers that could still happen before the close of the window.
|When||5th August 2022 – 28th May 2023|
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|Odds||Arsenal 10/11, Man City 11/10, Man Utd 16/1, Newcastle 40/1, Liverpool 250/1|
With so many players having arrived through the door at Chelsea this month, others will inevitably be expected to leave, with England international Gallagher potentially falling into that category.
The midfielder has been a regular feature for the Blues this season, appearing in 17 of their 19 Premier League games to date, but only eight of those have been as a starter and he could fall further down the pecking order once the injury list at Stamford Bridge shortens.
Gallagher enjoyed a successful loan at Crystal Palace last season and they are one of several Premier League clubs said to be interested in recruiting the 22-year-old this month, although Eagles manager Patrick Vieira has distanced himself from such talk.
Nottingham Forest, Southampton and Everton are also said to be keen, but it is Champions League hopefuls Newcastle that perhaps have the best chance of luring Gallagher away from Chelsea.
It is not just in midfield where Newcastle are looking to strengthen, as they are also believed to be in the market for a new centre forward, particularly as Chris Wood has joined Nottingham Forest on loan.
One name mentioned is Everton frontman Calvert-Lewin, with the Magpies reportedly eyeing up a £35m move for the England international.
There would be a risk in Newcastle signing Calvert-Lewin, as the 25-year-old has been plagued by numerous niggling injuries over the last 18 months and has found the back of the net just once from seven Premier League starts this term, albeit in a struggling Everton side.
However, a fit and firing Calvert-Lewin would undoubtedly be a significant asset to any side and his goals could fire 14/1 Newcastle To Finish in the Top 2.
The transfer merry-go-round could be put into full swing if Calvert-Lewin does head to Tyneside, although even if he remains at Goodison Park, it appears Everton are still in the market for attacking recruits.
One man heavily linked with a loan move to Merseyside is former Bournemouth star Danjuma, who has fallen down the pecking order at current club Villarreal this season.
The Dutch international has proven quality after helping Villarreal all the way to the Champions League semi-finals last season, while he is not short of suitors in England, with his former club the Cherries, Nottingham Forest, Aston Villa and Tottenham having all been linked.
However, it appears Everton could be at the front of the queue and the Toffees are certainly in need of the extra firepower, as only Wolves have scored fewer top-flight goals than Frank Lampard's side this season, with the 19th-placed team To be Relegated.
Arsenal came close to signing Brazil international winger Raphinha from Leeds last summer before he eventually opted for a switch to La Liga giants Barcelona in a reported £55m deal.
Things started well for the 26-year-old in Catalonia, but he has struggled for regular first-team minutes over recent months, starting just once in the Spanish top-flight since mid-October.
That has prompted speculation that Arsenal could now reignite their interest in the former Rennes star, with the Gunners perhaps proving a more attractive option than they were last summer given they now top the Premier League standings and are to go on and lift the title for the first time since 2004.
Having been in the running to sign Mudryk, Arsenal are certainly in the market for a winger in the Raphinha mould and even the proposed move for Brighton's Leandro Trossard should not quell the Gunners' interest.
Ecuador international Caicedo has been a key figure for Brighton so far this season, while he also caught the eye representing his country at the World Cup, all of which has increased speculation of a January move for the midfielder.
Chelsea have reportedly already had a £55m bid rejected, while Liverpool have also been accredited with more than just a passing interest given their perceived need to strengthen their ranks in the middle of the park.
Brighton do not want to sell and value Caicedo much higher than Chelsea's opening offer, but Seagulls boss Roberto De Zerbi has been unable to guarantee the 21-year-old will see out the season at The Amex.
With Chelsea and Liverpool both facing an uphill battle for a Top 4 Finish - the Blues are to achieve that feat and the Reds 7/4 - it is no surprise to see them both looking to strengthen, but Caicedo would likely prove an expensive acquisition.