While effectively ruling himself out of the running to take over at Real Madrid, Jurgen Klopp pointed out that "the coaching market is being reshuffled" right now - because Xabi Alonso isn't the only manager to lose his job at an elite European club since the turn of the year. On January 1, less than six months after lifting the Club World Cup, Enzo Maresca was fired by Chelsea after publicly criticising his employers. Just four days later, Manchester United also got rid of Ruben Amorim for speaking out of turn.

Arsenal took a big step towards the Carabao Cup final by edging past Chelsea 3-2 in this dramatic, all-London semi-final first leg, but Mikel Arteta's side will be left feeling they probably should have put the tie to bed having twice seen a two-goal lead pegged back at Stamford Bridge. Goals from Ben White, Viktor Gyokeres and Martin Zubimendi had the Gunners in control throughout this topsy-turvy contest, but a second-half brace from substitute Alejandro Garnacho ensured Chelsea have something still to play for at the Emirates in three weeks' time.

GOAL takes a look at the biggest transfer news and rumours from around the world.

Chelsea face a tall order to reach the Carabao Cup final after a shocking performance from goalkeeper Robert Sanchez handed Arsenal a 3-2 victory in the first leg of their semi-final. The Spaniard made two avoidable mistakes which allowed Ben White and Viktor Gyokeres to score, though Alejandro Garnacho bagged twice ether side of a Martin Zubimendi effort to ensure the Blues take some hope into the return leg at the Emirates Stadium.

Real Madrid were woeful defensively, and despite goals from Franco Mastantuono and Gonzalo Garcia, succumbed to second division Albacete in the Copa Del Rey, losing 3-2 on Wednesday to get Alvaro Arbeloa's reign off to a forgettable start. Los Blancos had most of the ball throughout, but created few clear cut chances. The home side, meanwhile, were clinical - and good value for the win.

Some 13 months on from a devastating provisional doping suspension and close to 14 months since his last appearance for the club, Mykhailo Mudryk is Chelsea's forgotten man. An upcoming anniversary, however, brings his troubles back into sharp focus; January 15 will mark three years to the day since Chelsea completed the signing of the then-coveted young winger from Shakhtar Donetsk, but he will find little reason for celebration.

Manchester United have appointed Michael Carrick as their caretaker manager from now until the end of the season to clean up the mess caused by Ruben Amorim’s sudden departure. And now the real work begins: searching for a long–term successor who can bring lasting success. Of all the available candidates out there, Thomas Tuchel is by far the most convincing.

January is a notoriously bad time for buyers because nobody ever wants to sell top talent midway through the season. There are, however, exceptions to the rule. Some clubs need to raise funds to balance the books, while others can be left with not option but to unload an unhappy player who has made it clear that he wants to join a stronger side.