With just two hours left of deadline day, here is the latest transfer news from around the capital.

Chelsea forward Radamel Falcao has spent deadline day in Madrid as his agent looks to seal a late return to La Liga giants Atletico Madrid. [Squakwa]

Charlton have secured a loan deal for Arsenal striker Yaya Sanogo, who has played just 11 league games for the Gunners since signing in 2013. [News Shopper]

Meanwhile, Arsenal have announced a move for Mathieu Debuchy, who will join Bordeaux for the rest of the season. [Various]

Liverpool have made contact with Coventry over a deal for highly-rated James Maddison. Tottenham have expressed an interest in the 19-year-old this month. [Daily Express]

West Ham considered a shock deadline day offer for Liverpool ace Daniel Sturridge. The Hammers hoped to secure the England international on a loan deal. [Daily Star]

Meanwhile, the east London club have terminated the contract of Carl Jenkinson who will now return to Arsenal. [Metro]

Dwight Gayle has committed his future to Crystal Palace by signing a new long-term contract with the club. The striker had been heavily linked with a move to Swansea. [Daily Mail]