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Marco Reus has told Barcelona that he intends to join rival club Real Madrid from Borussia Dortmund rather than wait until the Catalans' transfer ban is over.
Liverpool has agreed to sign Malaga goalkeeper Guillermo Ochoa for 3 million pounds. The Reds are on the lookout for a quality glovesman ahead of the January transfer window.
Manchester United is keen on signing Belgian brothers Indy and Seppe Boonen. Indy, 15, plays as a left back and has already had trials with United after leaving Genk, while Seppe, 13, is a goalkeeper.
Tottenham is keen to sign Paris Saint-Germain midfielder Adrien Rabiot on loan in January and has already held talks with the player's representative.
Atletico Madrid wants to re-sign Fernando Torres from Chelsea but only if the Spaniard is allowed to leave on a free transfer. The Spanish champions are reportedly 404 million pounds in debt. Torres is currently on loan at Milan.
Manchester United is preparing a bid for Fiorentina winger Juan Cuadrado. The 26-year-old, a star for Colombia at the World Cup, is said to be unhappy with his playing time at the Serie A side and United hopes he will push for a move in January.
Out-of-contract New England Revolution defender A.J. Soares is set to sign with Serie A side Hellas Verona, according to a tweet from KickTV's Jimmy Conrad.
Gennaro Gattuso is set to take over at Rangers following Ally McCoist's resignation. The Italian is keen to return to his former club after managerial roles at Sion, Palermo and OFI Crete.
Liverpool is set to replace goalkeeper Simon Mignolet with John Ruddy. Norwich wants 8 million pounds for the shot stopper, with Crystal Palace also interested.