The January transfer window has now closed, leaving Liverpool to begin looking forward to the summer for their next round of recruitment.

Here, Sports Mole rounds up the latest news on possible comings and goings from Anfield.

Thursday morning's Liverpool transfer talk news roundup:

Borussia Dortmund 'reduce asking price for Jadon Sancho amid Manchester United talk'

Borussia Dortmund are reportedly prepared to sell Jadon Sancho for £88m during this summer's transfer window.

The 20-year-old was strongly linked with a move to Manchester United last year, but BVB were allegedly not prepared to drop their £108m asking price for the England international.

Sancho has found it difficult to show his best form on a consistent basis for Dortmund this term but has still managed to contribute eight goals and 13 assists in 25 appearances in all competitions.

A recent report claimed that Amad Diallo's arrival at Old Trafford could see the Red Devils end their pursuit of Sancho, who has a contract at Signal Iduna Park until June 2023.

However, according to Bild, Dortmund are keen to tempt United into a move this summer by reducing their asking price to £88m, which is thought to be a £20m reduction on their original valuation.

Sancho, who has also previously been linked with Chelsea and Liverpool, has scored 42 goals and registered 56 assists in 124 appearances for BVB since arriving from Manchester City in 2017.

Real Madrid 'agree four-year contract with David Alaba'

Real Madrid have reportedly agreed a four-year deal with Bayern Munich defender David Alaba.

The 28-year-old's existing contract at the Allianz Arena is due to expire at the end of June, and a number of clubs have been credited with an interest in the Austria international.

Liverpool, Manchester United and Chelsea were all thought to be in the hunt for the versatile defender, but according to Marca, Madrid have won the race for his signature.

The report claims that Alaba has already agreed a four-year contract with Zinedine Zidane's side, with the move to become official once his agreement with Bayern has expired this summer.

The Austrian has again been a key player for his German club during the 2020-21 campaign, contributing two goals and one assist in 25 appearances in all competitions.

Alaba, meanwhile, has made over 400 appearances for Bayern since debuting in 2010.

More transfer news from Liverpool:

Real Madrid 'prepared to sell Vinicius Junior' amid Arsenal, Liverpool talk
Vinicius Junior will be made available to sign by Real Madrid in the summer in a possible transfer boost for Premier League pair Arsenal and Liverpool. Read more.

Nike 'could help Liverpool sign Paris Saint-Germain star Kylian Mbappe'
A report claims that Nike see huge value in Paris Saint-Germain superstar Kylian Mbappe signing for Liverpool and could help fund a transfer. Read more.