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Manchester United are close to completing a £30 million deal for Southampton full-back Luke Shaw who will be handed a £100,000 a week salary.
Arsenal have turned their attentions to Napoli winger Jose Callejon who could prove a cheaper option that Julian Draxler.
Liverpool will once again attempt to sign Yevhen Konoplyanka from Dnipro Dnipropetrovsk in the summer in a £15 million deal after missing out on the winger in January.
Barcelona are targeting the Argentinean goalkeeper to be the number 2 at the club next season.
Liverpool, Everton and Inter are all keen on signing QPR midfielder Stephane Mbia, who is currently on loan at Sevilla.
Manchester United are contemplating re-appointing Sir Alex Ferguson as manager, with Ryan Giggs as his assistant, should they fail to land any of their top managerial targets.
Arsenal have again been linked with Fiorentina wideman Juan Cuadrado. The Gunners will fight Manchester United for the signature of the £24 million Colombian winger.
Messi will become the best paid player in football once he pens a new deal with Barcelona in the coming weeks.
Manchester United and Paris Saint-Germain are monitoring Lionel Messi's situation at Barcelona. The Argentine superstar is said to be unhappy in Spain and boardroom talks at both clubs have discussed the possibility of signing the 26-year-old.
Juventus are keen to add Nani to their ranks in the upcoming transfer window as the Portuguese will be sold by Manchester United.