With all eyes on Euro 2012 over the last few days, the latest rumours on the potential movers and shakers in the transfer market may well have slipped under the radar.
Manchester United have followed up their Shinji Kagawa signing with the capture of Crewe Alexandra starlet Nick Powell, while Bolton Wanderers goalkeeper Jussi Jaaskelainen has agreed a move to West Ham and Jay Rodriguez has joined Southampton from Burnley.
On the managerial front, Roberto Di Matteo has been rewarded with a two-year contract as Chelsea boss, and Harry Redknapp has been sacked by Tottenham after nearly four years at White Hart Lane.
Now, in the third edition of Goal.com's new weekly feature, we take a look at the best, worst and ridiculous of this week's transfer rumours.
Gunners close in on Giroud
The Gunners have made a €12 million offer for the Montpellier striker, who is currently with France at Euro 2012, and Goal.com understands that talks are at an advanced stage and a deal is close to being completed.
Arsene Wenger has remained coy on talk of a move for the prolific forward, however, telling TF1 on Wednesday: "I won't say anything to you. Even under torture!"
Giroud notched an impressive 21 league goals last season as he helped Montpellier to an unlikely Ligue 1 title success.
Gylfi in Reds switch... after Swansea peace talks
But the exit of Swans boss Brendan Rodgers has seen a switch all but fall through, and the Mirror now claims that the Icelandic midfielder will follow his former manager to Liverpool.
Rodgers has an agreement with Swansea chairman Huw Jenkins that he must not buy any players from the club during his first year at Anfield, but a move for Sigurdsson would still be allowed as he is yet to complete his move from Hoffenheim.
Because a deal had already been struck with the Welsh club, though, the 22-year-old wants to show the courtesy of at least speaking to their new boss before leaving the Bundesliga for Liverpool.
Kalou continues to catch Kop eyeHaving departed Chelsea following their FA Cup and Champions League-winning exploits at the end of last season, Salomon Kalou is attracting interest from a number of European clubs.
As revealed by Goal.com in April, a dozen teams across the continent, including Liverpool, are keen on the versatile Ivorian and, despite a managerial change at Anfield, the Reds are still in the hunt for the out-of-contract star.
However, Schalke coach Huub Stevens is confident of his side's chances of luring Kalou to the Bundesliga after six years in the Premier League, claiming he knows "for sure" that the player is keen on moving away from England.
QPR set to swoop for Green
It has been widely reported that England's second-choice goalkeeper - a free agent after allowing his contract to run down with the Hammers - will become Mark Hughes' first summer signing at QPR.
The imminent arrival of Green, who has also been linked with Malaga, Tottenham and West Brom, could see Paddy Kenny depart Loftus Road. A reunion with former boss Neil Warnock appears on the cards for the current QPR No. 1, with Leeds United rumoured to be lining up a move.
Big Sam raids former club for Yakubu
The Nigerian striker can leave Ewood Park for just £1m (€1.2m) and is attracting interest from a number of top-flight clubs, including new boys Reading.
However, according to The Sun and the Daily Mail, West Ham manager Sam Allardyce is also plotting a raid on his former club to snap up the forward, who scored an impressive 18 goals for relegated Rovers in what looks to have been his only season with the club.
Spurs agree Moyes compensation
"It is my understanding Spurs maay [sic] have already met with David Moyes today and that Moyes compensation has been agreed with Everton FC," Abrahams (aka The Moose) tweeted.
However, the speculation was quickly denied by Everton director of communications Paul Tyrrell, who responded: "This is an absolute lie Ian. I expected better from you. If you repeat it, you can expect legal action from EFC."
Abrahams took back his comments 45 minutes later and apologised to the Toffees chief.
Ba to leave Toon for Turkey
Several sources quoted Sky Italia as having broken the news that the 27-year-old had left the Magpies after just one season, with an €11m (£8.9m) fee touted, but club officials are believed to have dismissed the speculation in an off-the-record briefing.
Toon boss Alan Pardew responded to the exit talk while working as a pundit during the BBC's Euro 2012 coverage, claiming he had "no idea" if Ba had left before reiterating that he hopes the player will still be at the club next season.
But the ex-Hoffenheim forward has a buy-out clause in his contract, which is active until the end of July, and Goal.com revealed in May that the Newcastle management team expect him to activate it this summer after growing disenchanted with life on Tyneside.
PSG consider Carroll as Ibra alternative
The French source claims the Ligue 1 moneybags are believed to be keen on a move for Liverpool striker Andy Carroll if deals for Zlatan Ibrahimovic and Gonzalo Higuain fail to materialise.
PSG would reportedly only be willing to pay €15.8m (£12.8m) for Carroll, though - just over a third what was spent to take the England international to Anfield from Newcastle 18 months ago.
While the Reds No. 9 looks certain to stay on Merseyside this summer, talk surrounding Ibrahimovic's future is gathering pace. Goal.com exclusively revealed this week that the Swede is "desperate" to join PSG and his representatives are keen to negotiate one last big move for the striker.
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