Aston Villa expect to complete the loan signing of Roma goalkeeper Robin Olsen following a medical on Tuesday.
The Sweden international will cut short his loan at Sheffield United who are discussing a deal for Frank Fielding from Stoke City.
Villa remain also interested in signing Brighton's Yves Bissouma this window. The Mali international is valued at £50m.
However Gerrard may have to wait until the summer to sign the midfielder, who is currently representing Mali at the Africa Cup of Nations in Cameroon.