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Transfer Deadline Day LIVE: Liverpool set to sign Davies, PSG eye Alli loan, Arsenal chase left-back

The final day of the winter transfer window is here and speculation is heating up about potential deals. Check out the latest gossip and news below, and see all official deals here.

Deadline Feb. 1: Bundesliga (noon ET) | Serie A (2 p.m. ET) | Premier League (6 p.m. ET) | La Liga (6 p.m. ET) | Ligue 1 (6 p.m. ET)

TOP STORIES: Liverpool set to sign Davies, PSG eye Alli loan, Arsenal chase left-back

Liverpool are set to ease their defensive problems by agreeing a £2m deal for Preston North End defender Ben Davies, sources have told ESPN's Mark Ogden.