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Transfer news LIVE: Kasper Schmeichel emerges as Nottingham Forest target, Nemanja Matic signs for Lyon, and Al-Shabab retain interest in Newcastle's Miguel Almiron

Follow Mail Sport's live blog of all the latest news and updates in the transfer window on Saturday, January 27.

03:28

EXCLUSIVE: Nottingham Forest hold talks with possible target Kasper Schmeichel

He might have played for rivals Leicester City for 11 years, but that hasn't stopped Nottingham Forest being interested in Kasper Schmeichel.

The Premier League relegation-battlers could bring Schmeichel back to England.

There are a couple of hurdles - most notably the fact that Forest were charged with breaking Premier League spending rules earlier this month.

READ MORE BELOW from Tom Collomosse.