Goal.com Transfer Talk is your 24/7 source for all the latest rumours in the global transfer market.
Things have gone from bad to worse for Real Madrid. The Spanish giants agreed personal terms with David de Gea months ago and promised to pay him €10m if the deal did NOT go through. After their deadline day blunder, they now face a huge bill.
Manchester United pulled out of negotiations for Marco Reus after Borussia Dortmund demanded €60 million for their star forward. United instead turned their attentions to Anthony Martial.
Paris Saint-Germain are open to selling Zlatan Ibrahimovic, who could be a short-term alternative for Arsenal.
Everton are closing in on the £4.5 million signing of Tottenham winger Aaron Lennon.
Dimitar Berbatov is in talks with Aston Villa over a return to the Premier League. The striker is a free agent after being released by Monaco in the summer.
Arsenal have ruled out a move for Alex Oxlade-Chamberlain after the England international was linked with a move to Galatasaray.
Charlie Austin will stay at QPR after turning down a move to Crystal Palace. The 26-year-old striker is out of contract in the summer.
Leicester are set to make a move for Stoke City's Jon Walters. The forward has handed in a transfer request with Norwich also interested although the Potters are reluctant to allow him to leave.
West Brom and Tottenham are leading the race to sign Manchester United striker James Wilson on loan. Louis van Gaal is willing to allow the youngster to leave on a temporary basis.
Joleon Lescott has passed a medical at Aston Villa after being told he can leave West Brom following the arrival of Jonny Evans from Manchester United.