Manchester United appear to be favourites to sign Benfica's 24-year-old Argentine playmaker Nicolas Gaitan, according to the player's agent.
Liverpool are apparently prepared to offer Dutch international Dirk Kuyt plus cash for Fulham's 29-year-old American international forward Clint Dempsey.
Real Madrid are reportedly warning off Chelsea, Manchester City and Paris St Germain, who are all thought to be interested in 24-year-old striker Gonzalo Higuain.
Chelsea are monitoring the situation of 25-year-old defender Danny Simpson at Newcastle after it emerged he will be put up for sale this summer.
Arsene Wenger hints he plans to offload Marouane Chamakh, 28, and Ju-Young Park, 26, in the summer, after Arsenal agreed a deal to sign Lukas Podolski.
Manchester United, Chelsea, Liverpool, Newcastle United and Tottenham are all chasing 21-year-old rising Dutch star Luuk de Jong, who has scored 32 goals for Steve McClaren's FC Twente.
Paris St Germain want 28-year-old Manchester City striker Emmanuel Adebayor. The wealthy French club are prepared to meet his £170,000-a-week wages - but only if City will accept a bid of £12m.
Manchester United appear to have won the race for 23-year-old Shinji Kagawa after the Borussia Dortmund midfielder was quoted as confirming the switch to Old Trafford.
Chris Hughton is expected to become the new manager of West Brom, even if Birmingham win promotion to the Premier League via the play-offs.
Chelsea chief executive Ron Gourlay says the club are still in talks with striker Didier Drogba over a new contract.
Sir Trevor Brooking denies that a past feud with Harry Redknapp cost the Tottenham boss the chance of becoming England manager.
Steve Kean insists he will not quit Blackburn even if they go down this season.
Sir Alex Ferguson accuses big-spending Manchester City of ruining the transfer market as he desperately seeks to prevent the noisy neighbours sabotaging Manchester United's season.
Liverpool defender Daniel Agger says the team have only themselves to blame for their FA Cup final defeat by Chelsea by starting the match slowly.
Bolton's Fabrice Muamba says he no longer has anything to fear after recovering from a cardiac arrest against Tottenham in March.