Robin van Persie's agent has reportedly held talks with Juventus, who are prepared to pay Arsenal in excess of £25m for the 28-year-old Dutch striker.
Liverpool are considering a move for 25-year-old Benfica midfielder Nolito, previously with Barcelona. Reports in Portugal say Benfica would consider offers in the region of £15m.
Meanwhile, the Anfield club are reportedly planning to rekindle their interest in 19-year-old Inter Milan striker Luc Castaignos.
Chelsea and Barcelona could be set to lock horns again, this time over the signature of Benfica forward Nelson Oliveira, the 20-year-old Portugal international.
Cologne's striker Lukas Podolski, 26, will join Arsenal for just under £10m in the summer, according to reports in Germany.
One player keen to leave the Emirates this summer is goalkeeper Manuel Almunia, 34, who wants to stay in England and join another Premier League club.
Premier League newcomers Reading are keen to acquire Crystal Palace duo Wilfried Zaha, 19, and Nathaniel Clyne, 21, in an £8m raid.
German newspaper Bild has reported that Dutch striker Bas Dost, the 22-year-old who has scored 28 goals in just 31 appearances for Heerenveen and is wanted by Aston Villa, is on the verge of agreeing a move to Wolfsburg.
Sir Alex Ferguson has confirmed Manchester United's interest in Lille midfielder Eden Hazard, having watched the 21-year-old against Lyon.
Roberto di Matteo has been asked to help plan Chelsea's preparations for next season, having fought is way into contention for getting the manager's job on a full-time basis.
Tottenham are unlikely to make Emmanuel Adebayor's loan move to White Hart Lane a permanent transfer after the striker reportedly had a frank exchange of views about his indifferent form with boss Harry Redknapp.
The Premier League remains adamant that the pre-match handshake between the players of Chelsea and Queens Park Rangers will go ahead on Sunday even if Anton Ferdinand does not want to shake John Terry's hand.
Manchester United striker Danny Welbeck is expected to sign a new contract at the end of the season, worth £45,000 per week.
Liverpool's Dirk Kuyt and Maxi Rodriguez could stay with the club following the departure of director of football Damien Comolli, having been expected to leave in the summer.
Everton boss David Moyes has urged the club to provide him with transfer funds to avoid falling further behind the big clubs in the Premier League.
Tottenham's newly crowned PFA Young Player of the Year Kyle Walker says the team can still qualify for the Champions League despite their poor recent run. "We just have to finish stronger these last four games, get maximum points, and hopefully the season will fix itself. We can do it," he says.
Wolves chief executive Jez Moxey insists the club's relegation from the top flight will not lead to the sale of their best players.
Terry Connor is in the running to be Wolves' next manager despite taking the club down to the Championship.
A businessman poised to buy cash-strapped Port Vale has asked Stoke-on-Trent City Council for another loan.
In Australia, Brisbane Roar clinched a dramatic second successive A-League title at the expense of Perth Glory thanks to what has been described as one of the worst penalty decisions ever made.