Goal.com Transfer Talk is your 24/7 source for all the latest rumours in the global transfer market.
Everton will make an £8 million move for out-of-favour Manchester United midfielder Tom Cleverley. The 24-year-old has previously worked with Roberto Martinez when on loan at Wigan.
Liverpool are launching an ambitious £5 million bid for Barcelona and Brazil right-back Dani Alves. The 31-year-old has fallen down the pecking order at Camp Nou following a disapppointing season for club and country.
Arsenal are set to launch a €30 million [£23.9m] bid for Sporting midfielder William Carvalho.
Thomas Vermaelen has rejected the offer of a new contract from Arsenal. The Belgium international’s current deal expires at the season, while the Gunners turned down a £7 million bid from Manchester United earlier this summer.
Arsenal are keeping tabs on Mats Hummels’ situation at Borussia Dortmund and would be willing to battle Manchester United for the Germany international, who may be available for £30 million.
Jack Rodwell is being edged out of the exit door at Manchester City, with Sunderland the most likely destination. Following City's signing of Frank Lampard, Rodwell has been told he can leave and is expected to join the Black Cats.
Tottenham will offer Nacer Chadli to Southampton as part of a £20 million deal for Morgan Schneiderlin. The Belgian failed to impress in his debut season at White Hart Lane and Ronald Koeman knows him from his time in the Eredivisie.
AC Milan remain interested in Liverpool goalkeeper Pepe Reina but his wage demands of £100,000 per week look set to scupper any potential move to the San Siro.
Brazilian centre-back Miranda has turned down offers from Chelsea, Manchester United and Barcelona and will stay at Atletico Madrid for the 2014-15 season, after seriously considering his future away from the Vicente Calderon.
Juventus appear resigned to losing Arturo Vidal, with Manchester United having offered £40m for the Chilean, and, having missed out on Juan Iturbe already, the Italian champions will also ask for Nani and Javier Hernandez in exchange.