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Dani Osvaldo will complete a move to Porto following his release by Southampton this summer. The Argentine-born Italy international spent the second half of last season on loan at Boca Juniors.
Gokhan Inler’s agent will travel to England on Monday in order to hold talks with Leicester City. The Napoli midfielder remains unsure about a move to Claudio Ranieri’s side.
Manchester United are closing in on a move for Pedro. Ed Woodward will meet with Barcelona officials on Tuesday and is hoping to clinch a €25 million (£17.5m) deal for the forward.
Adama Traore is preparing to travel to England to undergo a medical, although Liverpool have yet to agree a deal with Barcelona for the 19-year-old winger.
Juventus are keen on a move for Fredy Guarin and are willing to offer Fernando Llorente to Inter as part of the deal for the midfielder.
Due to the injury to Sami Khedira, Juventus are now targeting a move for Barcelona's Javier Mascherano.
PSV are considering a move for QPR midfielder Leroy Fer.
Arsenal have beaten off competition from Manchester United to sign Benfica prodigy Joao Virginia. The 15-year-old goalkeeper is touted as a star of the future.
Tottenham face losing a huge amount of money if Roberto Soldado's move to Villarreal materialises. Spurs look set to sell the striker for £11 million.
Manchester City face growing concerns that they will lose starlet Marcos Lopes. The 19-year-old's contract expires at the end of the coming season and Lyon, Monaco and Marseille are all keen to take him back to France.