Roberto Mancini will consider swap deals for Carlos Tevez or Mario Balotelli to land Zlatan Ibrahimovic.
Arsenal legend Patrick Vieira claims the Gunners have left it too late to keep Manchester City and Juventus target Robin van Persie, who has 12 months left on his contract.
Talks between Van Persie and Arsenal on Wednesday ended in deadlock despite the Gunners offering their captain a three-year deal worth £130,000 a week with a £5m signing-on fee.
Reading want to start life in the Premier League with Joe Cole. The newly promoted Royals have earmarked the Liverpool midfielder, who currently has two years left on his £70,000-a-week contract, as a loan signing.
Tottenham have made a move for Ivory Coast striker Arouna Kone, a free agent after a successful season-long loan from Sevilla to fellow Spanish side Levante, where he scored 15 goals.
Paris Saint-Germain are monitoring Napoli's 27-year-old Argentine forward Ezequiel Lavezzi, who is also thought to have been targeted by Manchester City.
Liverpool striker Luis Suarez has admitted he would welcome the opportunity of playing in Spain.
Leicester have agreed a deal worth £1m for Fleetwood Town's prolific striker Jamie Vardy.
Morocco international Younes Belhanda says he wants to stay with Montpellier for another season, despite being linked with Manchester City and Arsenal.
Wolves striker Steven Fletcher is expected to reject the chance of a move to Sunderland.
Sunderland keeper Craig Gordon says he could still remain with the club despite his contract having expired at the end of the season.
Liverpool plan to approach former Barcelona boss Pep Guardiola as they continue their search to replace Kenny Dalglish. Wigan's Roberto Martinez and Swansea's Brendan Rodgers are set to be interviewed but Liverpool's owners feel it would be a mistake not to sound Guardiola out.
Manchester United's latest accounts have revealed they lost £71m to financial obligations imposed by owners the Glazers over the last nine months.
Fabio Capello is prepared to take over from Roberto di Matteo at Chelsea on a one-year deal to allow them to pursue long-term target Pep Guardiola after his sabbatical.
But former England manager Capello is also weighing up a lucrative offer to become the head coach of the United Arab Emirates.
Bayern Munich's former Chelsea player Arjen Robben has warmed up for Saturday's Champions League final by claiming the Londoners were a better side to watch when he was playing at Stamford Bridge.
Blackburn manager Steve Kean appears to have survived his latest crisis meeting with the club's owners having convinced them he remains the man to lead relegated Rovers back to the Premier League.
West Ham will stick with Sam Allardyce if they fail to win Saturday's Championship play-off final against Blackpool, according to co-owner David Sullivan.
Hearts manager Paulo Sergio has played down Saturday's all-Edinburgh Scottish Cup final with Hibernian by claiming the tie is no more important than the fourth round victory over Auchinleck Talbot.
Jamie Carragher knew his manager's time was up at Liverpool when Kenny Dalglish told him: "You don't have to call me 'gaffer' any more."
After Paul the Octopus at the 2010 World Cup, a football mad llama has been tipped to become the next match-predicting global phenomenon after correctly guessing the result of the FA Cup final. But will his Champions League prediction also come true?