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Jose Mourinho is close to agreeing to take over at Manchester United. The Portuguese coach will go head-to-head with his longtime rival Pep Guardiola, who is taking charge at Manchester City.
Liverpool target Alex Teixeira is weighing up an offer from Chinese outfit Jiansu Suning, which is willing to pay his 50 million euro ($55.4M) release clause. Guangzhou Evergrande is also interested in the Shakhtar Donetsk forward.
Asmir Begovic is considering his future at Chelsea after being left out of the Blues's FA Cup tie with MK Dons.
Borussia Dortmund turned down an offer worth more than 12 million euros ($13.3M) offer from Beijing Guoan for striker Adrian Ramos. Club management decided to avoid an argument with coach Thomas Tuchel over his sale.
Ronaldinho turned down the chance to join Leicester City in the hope that he will be able to secure a big-money move to China.
Using the money they recouped from the sale of Jackson Martinez, Atletico Madrid will try to re-sign Chelsea's Diego Costa in the summer transfer window.
Pep Guardiola will find room in his Manchester City coaching staff for the club's current assistant Brian Kidd, who also worked under Sir Alex Ferguson at Old Trafford.
Incoming Manchester City boss will attempt to make 20-year-old Schalke attacker his first signing after taking over at the Etihad.
Everton defender John Stones, linked with practically every club in Europe's elite, would prefer to stay close to his family in the English north west, putting Manchester City and rivals United in the driving seat to sign the 21-year-old.