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Manchester United have accepted an £8m bid for midfielder Tom Cleverley from Aston Villa. Paul Lambert is hoping to sign Cleverley before Monday, despite interest from Hull City.
Sunderland have made a bid for Atletico Madrid defender Toby Alderweireld. However, the defender is reluctant to join the Black Cats due to a lack of European football.
Real Madrid have finally reached a deal for Monaco striker Falcao following the draw for the Champions League group stages. The details are not yet know but, los Blancos might have paid €20 million for a one-year loan.
West Ham have rejected a £3m bid from Hull City for midfielder Mohamed Diame. QPR are also interested in the Hammers' Senegal international.
Atletico Madrid are set to make a late move for Fernando Torres and hope to beat AC Milan to the Chelsea striker's signature.
Tottenham are keen to bring Manchester United striker Danny Welbeck to White Hart Lane in a loan deal but have ended their interest in Barcelona midfielder Alex Song.
Arsenal are set to sell Ignasi Miquel to Norwich in a £1.5m deal. The defender has been told he can leave north London even though the Gunners are short in defence following Thomas Vermaelen's departure.
Liverpool defender Daniel Agger is in talks with Napoli over a summer move. Rafael Benitez is keen to bring the centre-back to Serie A with the two clubs discussing a potential transfer.