Transfer Latest: Pennant & Hobbs

Jermaine Pennant remains the only player likely to be involved in transfer activity at Anfield this January transfer window.

Pennant’s move to Portsmouth looks likely to go ahead, although Setanta report the move will only be on loan until the end of the season, not permanent.

The former Arsenal and Birmingham winger is out of contract this summer and wishes to keep his options open, after previously being subject to interest from AC Milan and Real Madrid, and Wigan and Stoke. Pompey chief executive Peter Storrie has said the move is “very, very close”.

On the subject of the move being permanent or a loan, Storrie said “Whether it is a contract until the end of June or a loan, it’s a bit irrelevant.” Obviously Liverpool would like to get money for Pennant now rather than allowing him to leave for free in the summer, but that looks unlikely.

Update: Pennant’s move to Portsmouth has now been confirmed, with a loan deal agreed until the end of the season meaning he has now played his last game for Liverpool.

Jack HobbsMeanwhile, defender Jack Hobbs‘ loan move to League One leaders Leicester City is set to made permanent this summer. He is also out of contract in June and after making 22 appearances for The Foxes this season, Leicester boss Nigel Pearson is keen to keep the centre back.