Real Madrid have announced an agreement to sign highly-rated teenage defender Jesus Vallejo from Real Zaragoza.
Aston Villa have continued their spending spree after securing the services of Rudy Gestede from Blackburn on a five-year contract.
Aston Villa have announced they are set to complete the signing of French midfielder Yacouba Sylla from Ligue 2 side Clermont Foot this afternoon.
With just hours to spare before tonight's 11pm transfer deadline, Sylla will become the first new arrival of the January transfer window for Villa, who are currently 19th in the Barclays Premier League.
The defensive-minded player has represented France at Under-21 level.
A statement on Villa's official website said: "The 22-year-old midfield player has passed a medical and only the formalities remain, with both clubs due to finalise paperwork before Sylla's registration is lodged with the Premier League and the transfer receives international clearance.
"He will train tomorrow at Bodymoor Heath with his new team-mates and will be eligible to play against Everton on Saturday at Goodison Park."