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Lassana Diarra is closing in on a move to QPR and is having a medical at Loftus Road. The midfielder is expected to complete a move to west London this weekend.
Manchester City are in the race to sign Monaco striker Radamel Falcao.
Ajax defender Daley Blind will sign a four-year contract at Manchester United, with an option for a further year. The Amsterdam club will receive an €18 million fee for his services, with extra incentives.
Real Madrid are still considering a move for Manchester City striker Alvaro Negredo. The Spain international is unlikely to play for Manuel Pellegrini's side this season and an offer of €25 million would be enough to secure his services.
Benfica are lining up a €10 million (£7.9m) bid for Arsenal forward Joel Campbell.
Benfica and Southampton are set to compete for the signature of Davie Selke from Werder Bremen. The teenager has been starring for Germany's youth teams.
Manchester United are still determined to sign Arturo Vidal and only £5 million separates their valuation of the Chilean and Juventus' asking price.
Juventus are readying an offer worth €10 million for a loan for Radamel Falcao, with the Colombian having told Monaco that he is eager to leave.
Liverpool are demanding a €15 million fee for striker Fabio Borini, but Inter are working to push through a loan deal.
Manchester United have agreed a fee with Ajax for defender Daley Blind. The Red Devils will pay £14 million for the Netherlands international, who is very keen to be reunited with Louis van Gaal, and personal terms are expected to be a formality.