For a list of confirmed transfers, check out our transfers page.
Manchester United are preparing to make a record-breaking £50m move for 26-year-old Napoli striker Edinson Cavani.
New Manchester City manager Manuel Pellegrini is set to lose out to Real Madrid in the race to sign midfielder Isco, 21, from Malaga.
Arsenal are ready to pay Le Havre £2.5m for left-back Benjamin Mendy, but could be forced to double their offer for the 18-year-old.
Barcelona will join the £25m race to sign striker Wayne Rooney, 27, if Manchester United decide to sell.
Gareth Bale, 23, will tug on the heart strings of Tottenham chairman Daniel Levy in order to clinch his dream move to Real Madrid.
Liverpool are ready to rekindle their long-standing interest in Werder Bremen's Holland winger Eljero Elia, 26.
Sunderland manager Paolo Di Canio is looking to sell 29-year-old forward Stephane Sessegnon for £8m.
Arsenal are trying to offload 26-year-old Switzerland centre-back Johan Djourou to a club in Germany's Bundesliga, with Hamburg and Hanover both interested.
Liverpool may miss out on Armenian Henrikh Mkhitaryan, 24, after the Shakhtar Donetsk midfielder rubbished reports linking him to Anfield.
Newcastle are chasing £12m-rated Wilfried Bony but face competition from Everton, Swansea and Anzhi Makhachkala for the highly-rated Vitesse Arnhem striker, 24.
Birmingham have accepted £2m bids from Norwich and Swansea for 19-year-old winger Nathan Redmond.
Montpellier president Louis Nicollin has denied being interested in signing QPR's Djibril Cisse, 31, who is currently on loan at Qatari club Al-Gharafa.
AC Milan have had "offers from Spain" for Italian midfielder Riccardo Montolivo, 28, but the player is not for sale, according to club CEO Adriano Galliani.
Roma's Bosnian midfielder Miralem Pjanic, 23, has played down rumours of a move to Borussia Dortmund as a replacement for 21-year-old Mario Gotze.
Newcastle United officials met with around 400 fans to discuss recent supporter unrest at the club following Joe Kinnear's appointment as director of football.
The agents of Celtic midfielder Victor Wanyama, 21, want Southampton to pay them £1m as part of his £12m move to Southampton.
Everton midfielder Marouane Fellaini, 25, will ask Arsenal for a weekly wage of more than £100,000 should the Gunners sign him for £22m.
Long-serving Everton defender Tony Hibbert has spoken of fulfilling his life-long dream to buy his own carp fishery.
Countdown star and Manchester United fan Rachel Riley was left speechless when Ryan Giggs surprised her by appearing on the Channel 4 show - after she racked up a milestone 1,000 appearances.