Giovanni Reyna has been loaned from Borussia Dortmund to Nottingham Forest for the rest of the season. The loan deal contains an option to make it a permanent transfer. 

Reyna was determined to leave Dortmund during this window. 

Wolverhampton Wanderers, Marseille, Monaco, Lyon, Real Sociedad, Sevilla, Villarreal and Benfica were also interested.

Along with agent Jorge Mendes and father Claudio, Reyna was trying to find the best move possible, either on loan or on a permanent basis. Dortmund wanted around €15 million ($16.3 million) to transfer him.

West Ham have agreed to a loan deal with Manchester City for Kalvin Phillips.

The midfielder made a £43 million ($54.5 million) move from Leeds United to City in 2022 but has never been a significant part of manager Pep Guardiola's plans.

West Ham manager David Moyes has a long-standing interest in Phillips.

Borussia Dortmund and Manchester United are in talks on a loan deal for Jadon Sancho. United wants Dortmund to pay the majority of Sancho's salary.

Sancho hasn't played for United since August following a public dispute with Erik ten Hag. 

Sancho left Dortmund for United in 2021. Sancho has also received interest from Juventus and RB Leipzig, but his preference is to return to Dortmund. 

Manchester United has sent Mason Greenwood on loan to Getafe.

A criminal case against Greenwood following his arrest on suspicion of attempted rape and assault was discontinued in February.

Greenwood has a contract at Old Trafford until 2025 but is not expected to play for the club again.

Barcelona have signed Joao Felix and Joao Cancelo on loan deals. 

Felix arrives from Atletico Madrid and Cancelo from Manchester City.

Felix became Atletico's club-record signing when he joined in a €126 million ($137 million) deal from Benfica in July 2019. Felix was sent on loan to Chelsea in January, where he was sent off on his debut and could not fix their goal-scoring issues, netting just four times in 20 appearances. 

Roma has agreed to acquire Romelu Lukaku on a season-long loan from Chelsea. 

Roma will cover Lukaku's salary totaling €7.5 million over 10 months. 

Luakaku spent three years on Chelsea’s books between 2011-14 but made just 10 appearances between loan spells at West Brom and Everton, to join up with the former Blues manager Jose Mourinho in Rome.

Joao Cancelo will go from Manchester City to Barcelona on a loan that contains an option to be made permanent. 

The move will be Cancelo’s second loan spell in seven months after he joined Bayern Munich at the end of the previous transfer window.

Bayern declined the option to sign Cancelo on a permanent basis and it was suggested Arsenal would make a move for him this summer. 

Sergino Dest has joined PSV Eindhoven on a season-long loan from Barcelona. 

Dest have an €11 million ($12 million) option to make the move permanent next summer.

After spending last season on loan at AC Milan, Dest returned to Barca in the summer with the intention of making a place for himself in Xavi Hernandez's squad.

Barcelona and Manchester City are working on a loan deal for Joao Cancelo. Cancelo finished last season on a loan from City with Bayern Munich.

Barcelona are keen to land Cancelo to fill a void at right-back. Julián Araujo has been loaned to Las Palmas while Sergiño Dest is free to find a new club.

Real Madrid have signed goalkeeper Kepa Arrizabalaga on loan from Chelsea.

Thibaut Courtois suffered an ACL tear in training last week.

Kepa was previously on the verge of joining Madrid from Athletic in January 2018, but a change of plans saw the club opt to sign Courtois later that year.

Kepa then replaced Courtois at Chelsea in a record €80 million ($87.6 million) deal for a goalkeeper.

Chelsea signed Kepa's Spain teammate Robert Sánchez from Brighton as their new No. 1 last week.