Pierre-Emile Hojbjerg may be going on loan. It's been a dashing rumor for a little while in Bayern Munich circles and it's finally found some legs in the form of Borussia Mönchengladbach, according to Kicker. The German paper is reporting that Hojbjerg may go on loan during the winter break for the remainder of the season.
For a side like Mönchengladbach that are competing in the extremely tough Europa League knockouts in addition to chasing a Champions League spot in the Bundesliga, having an extra set of hands in midfield would be a huge blessing - especially hands as capable as Pierre Hojbjerg's. The recent injury to Granit Xhaka and 'Gladbachs tumble away from Bayern Munich in the table exposed the lack of depth they have, despite the brilliance of Cristoph Kramer. Bringing in Hojbjerg would go a long way towards addressing those needs, if the report is true.
However, the looming question totally ignored by this report is the strained relationship between Bayern Munich and Borussia Mönchengladbach. The Foals technical director Max Eberl has made it no secret that he is incredibly displeased with Bayern Munich after the perceived shenanigans during the Sinan Kurt transfer. That move reputedly scuttled a sale/buy-back move for the talented Alessandro Schöpf last summer (he eventually joined FC Nürnberg), and there hasn't been anything to indicate the two organizations are on friendly terms again.
It will at least be an interesting saga to follow.