Bayern Munich is building for the future by snapping up goalkeeper Jonas Urbig from Cologne. The Bavarian powerhouse announced the transfer late Monday.

Harry Kane helps Bayern Munich to beat Slovan Bratislava but victory is only good enough to earn the German club a play-off spot in the Champions League.

Manchester City flirted with a disastrous exit from the Champions League before rallying to beat Club Brugge 3-1 in a must-win game Wednesday and advanced to the knockout phase. M

Ousmane Dembele on Wednesday scored a hat-trick as Paris Saint-Germain romped to a 4-1 win at VfB Stuttgart and qualified for the UEFA Champions League knockout stages.

Champions League by reaching the knockout stage playoffs with a 12th-place finish after a 3-1 win over Slovan Bratislava on Wednesday.

Bayern Munich still have work to do as they target a top-eight finish in the Champions League. Bayern Munich vs Slovan Bratislava best bets Bayern Munich – 4.5 Asian handicap with bet365

Bayern went from the joy of a resounding 9-2 victory against Dinamo Zagreb to the despair of back-to-back defeats against Aston Villa and Barcelona, before they found some consistency with a run of three successive European wins over Benfica, Paris Saint-Germain and Shakhtar Donetsk.

City will face one of those two European heavyweights in the Champions League next month after scraping through to the play-off round on Wednesday.

English teams were the number one spenders in the transfer market, paying out $1.88 billion overall, and also received the most for outgoing transfers, pocketing $1.34 billion.

Paris Saint-Germain, Juventus, AC Milan and Borussia Dortmund are among the other heavyweights involved at this stage of the competition, with the likes of Arsenal, Liverpool, Barcelona and Aston Villa all earning direct passage into the last 16. Follow the Champions League play-off draw live below!

The transfer window is open across Europe as clubs look to do some midseason business. But what are ESPN's reporters hearing about possible deals? Every Friday in January, we'll bring you the latest updates and insights on the biggest transfer news.