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Everton are preparing to offer Kevin Mirallas a new two-year deal at Goodison Park.
Aston Villa are set for a £200m takeover by an American consortium, provided they remain in the Premier League.
Reports claim former AC Milan boss Massimiliano Allegri could have an agreement with Tottenham that would see him take over as the club's coach in June.
West Ham are keen to bring Sunderland midfielder Lee Cattermole to Upton Park.
The italian club can pay 4M euros for Racing Club's 19-year-old midfielder.
The Manchester City hierarchy have been impressed by Manuel Pellegrini this season, despite their title tilt all but ending after drawing with Sunderland, and have vowed to stick by the Chilean.
Chelsea captain John Terry has been offered a new one-year contract by the club, but the 33-year-old must accept a massive pay-cut that would see his current £150,000-a-week salary halved.