Transfer news and rumours of the day: January 16, 2016

Charlie Austin is back in the Premier LeagueAs January reaches it’s midway point, the transfer market is in full swing, with clubs searching high and low to solve their problems or augment their challenges near the top of the table. The transfer mill continues to churn out rumours at full pace, as agents work day and night to get the best deal for their clients.With players seeking out pastures anew, the reasons range from more money to greater playing time, resulting in a January transfer window that will definitely supply us with intriguing deals.Here are the transfer news and rumours for the day.

#1 Serie A

Mario Gotze may be off to the Old Lady

- Italian giants Juventus are interested in signing Mario Gotze from Bayern Munich in the summer, according to reports in Tuttosport. 

The Turin-based club are in the market for an attacking midfielder, and the unsettled German playmaker is their prime candidate, as Gotze searches for greater playing time than the paltry seven appearances he has made for the Bavarian giants this season.

- Carpi and former Italy striker Marco Borrielo is off to the MLS, according to reports in SportiItalia.

His agent, Andrea d’Amico revealed that the 33 year old is considering offers from Toronto FC and Montreal Impact, saying “Marco has several different possibilities. He's a professional sportsman and has earned 7/10 ratings for several of his performances and he is still very hungry and can still achieve a lot yet. [MLS] is a possibility.”

- Stephan El Shaarawy is in talks with a ‘big Italian club’ and might return to AC Milan after his season long loan deal with Ligue 1 outfit AS Monaco ends, according to L’Equipe.

Monaco vice-president Vadim Vasilyev confirmed the news, saying “We're making progress with a big Italian club. I hope it will be finalised in the next few days because we want to find the best solution for Stephan too.”

- Roma and Ashley Cole have mutually agreed to terminated the left-back’s contract which will allow him to move to MLS outfit, LA Galaxy, according to reports in Il Tempo. 

Cole moved to Roma on a free transfer in 2014, and his contract was set to run out at the end of the season, but with the left-back not making a single appearance this term, decided to terminate his contract with the Italian outfit.