Real time, real news: Goal.com LIVE! brings you the action as it happens.
That's it for today, folks. We'll be back in Transfer Town at 08:00 BST on Thursday, though, so do join us then.
Real Madrid want to sign Spain Under-19 captain Jesus Vallejo from Real Zaragoza, report AS.
Los Blancos are close to finalising a deal worth £4.25m for the defender.
Liverpool are interested in bringing Thomas Muller to Anfield, according to the Daily Mirror.
The Germany international has been heavily linked with Manchester United, but Bayern Munich are adamant that they will not sell the forward this summer.
Can anyone see Muller moving to Liverpool?
Fiorentina striker Mario Gomez is on the verge of signing for Besiktas, report the Daily Express.
The former Bayern Munich frontman had been linked with a move to Liverpool in recent weeks.
Leicester manager Claudio Ranieri says the Foxes are close to landing a replacement for Esteban Cambiasso.
“We are very close,” he told Sky Sports. “But I wait until the end of the window.”
Looks like Ranieri’s got his own #SurpriseSigning…
Former Arsenal midfielder Abou Diaby rejected Liverpool to move to Marseille, report L’Equipe.
The Frenchman had been heavily linked with a move to West Brom, but it has now emerged that Liverpool were also interested.
Everton have turned down an improved offer from Chelsea for defender John Stones, according to the Daily Telegraph.
The Blues are now expected to return with a bid exceeding £26m, which was the sum turned down by Roberto Martinez’s side.
How much is Stones worth?
According to the Daily Mail, former England defender Matt Upson is set to join Championship new boys MK Dons.
Pedro is keen to leave Barcelona for Manchester United, according to Marca.
The paper also reports that United are willing to pay up to £23m for the Spain international.
Is Pedro the player United need?
Gareth Bale has re-emerged as Manchester United’s number one transfer target, according to the Metro.
Ed Woodward has now accepted defeat in United’s pursuit of Thomas Muller, and will now step up his interest in Bale.
Where will the Welshman be playing his football at the end of the window?