Transfer news LIVE: January window now open as Chelsea consider ending Isco pursuit and Mesut Ozil prepares to reject loan move away from Arsenal The January transfer window is now officially open in European football Chelsea are set to end their pursuit of Real Madrid's Isco due to wage demands Mesut Ozil will reportedly reject all offers of a loan move to win his place back Stay with Sportsmail as all the latest movements in the window unfold By Danny Gallagher For Mailonline Published: 08:59 GMT, 1 January 2019 | Updated: 09:07 GMT, 1 January 2019 Viewcomments The January transfer window is officially open, as teams begin to make their moves and bring personnel on board for the business end of the season. Chelsea are already believed to be pulling out of a pursuit for Real Madrid playmaker Isco, while under-fire Arsenal star Mesut Ozil will reject all loan advances. Stay with Sportsmail for all the latest transfer news and activity as it unfolds, live! Share or comment on this article: All rights reserved for this news site dailymail and under his responsibility