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Juventus have seemingly won the race to sign PSV starlet Memphis Depay. The Netherlands international has been attracting interest from the Premier League since an impressive World Cup but Juve are close to a deal with a £12m bid.
Manchester United have turned their attentions to Inter midfielder Fredy Guarin after growing impatient in a move for Juventus star Arturo Vidal. Guarin played for Colombia at the World Cup and has been made available for £18m.
A host of Premier League clubs face missing out on Borussia Dortmund star Marco Reus after Barcelona made a move for the Germany international. Arsenal, Liverpool and Manchester United are all interested in the 25-year-old.
Manchester United have resurrected a bid for Benfica winger Nicolas Gaitan, but face competition from Monaco. The Argentine also has a steep £35 million release clause in his contract - above what both clubs have so far offered.
Bolton are hoping to sign Liverpool winger Jordon Ibe on a season-long loan. The 18-year-old's path to the first team at Anfield is blocked by a host of top talent and Dougie Freedman hopes to lure him to the Reebok where he can continue to develop.
Serie A giants Roma are resigned to losing Tottenham target Mattia Destro this summer and are ready to launch a £13 million bid for Shakhtar's Luiz Adriano as a replacement. Mauricio Pochettino is keen on Destro as he looks to bolster his attack.
Valencia is looking for a top striker. Alvaro Negredo, despite being injured, is one of the targets for Los Che.
Queens Park Rangers have completed a deal for Norwich City midfielder Leroy Fer. The west Londoners will pay £8 million for the Netherlands international, who has undergone a medical and signed a three-year deal at Loftus Road.
Marouane Fellaini has been spotted on crutches and wearing a protective boot outside a hospital. The injury, picked up in training, makes passing a medical this month unlikely, which would wreck his chances of leaving Manchester United this summer.
Roma are the latest club to show interest in signing surplus-to-requirements Manchester City defender Matija Nastasic. The Serie A side, resigned to losing Mehdi Benatia, have begun talks with the Premier League champions for the Serb.