Zenit St Petersburg have opened informal talks with Arsenal over re-signing Andrey Arshavin, 31, as the midfield dynamo impresses at Euro 2012.
Paris Saint-Germain have made a move for Tottenham playmaker Luka Modric, offering Spurs £30m for the 26-year-old Croatian playmaker.
Big-haired Everton midfielder Marouane Fellaini, 24, could be on his way out of Goodison Park after admitting: "I want to play in the Champions League or in the Europa League. Last season we finished seventh with Everton, and we were not able to qualify for Europe, which was a shame.
Liverpool are prepared to fight off interest from Bundesliga side Schalke for free agent Salomon Kalou, 26, who left Chelsea at the end of the season.
Tottenham and QPR are in the hunt for Birmingham goalkeeper Ben Foster, but the 29-year-old is already the subject of a £3m bid from West Brom, with whom he was on loan last season.
Sunderland manager Martin O'Neill is determined to keep Stephane Sessegnon at the club, despite speculation surrounding the future of the 28-year-old Benin forward.
Newcastle have been told to double their £4m bid for Ajax midfielder Vurnon Anita, or forget trying to sign the 23-year-old.
Schalke boss Huub Stevens has confirmed his interest in Tottenham playmaker Rafael van der Vaart. Stevens coached the 29-year-old Dutch player when they were both at Hamburg.
Alberto Aquilani is set to leave Liverpool for AC Milan with the Reds losing £17m on the 27-year-old midfielder.
New Norwich manager Chris Hughton will pursue European targets in an effort to bolster his squad, according to City chairman Alan Bowkett.
Manchester United are to step up their chase for Everton left-back Leighton Baines. The 27-year-old, who has attracted interest from Italian side Napoli, is vauled at £20m by his club but United will try to negotiate a price closer to £15m.
EURO 2012 GOSSIP
The national newspapers are full of praise for Roy Hodgson's England following the 1-1 draw with France on Monday. "Roy has lift-off" declares the Daily Express, while the Independent suggests the result was a "Point made".
The Red Tops concentrate on goalscorer Joleon Lescott with the Daily Mirror shouting "Kings of Joleon", the Sun going with "Jole good" and the Daily Star offering "Jole well done".
The Guardian is more cautious with "England huff and puff to a draw" while the Daily Mail offers Lescott 1 Les Bleus 1. However, the Times has the truly marvellous "Donetsk best thing: England draw first match".
England's Euro 2012 injury curse struck again on Monday as goalkeeping coach Ray Clemence, aged 63 and capped 61 times by his country, had to be carried from the pitch in agony after tweaking his Achilles tendon in the warm-up before the draw with France.
Manchester City appear to be pricing Adam Johnson, 24, out of a move. Sunderland are reportedly interested but City are thought to want around £15m for the England winger.
Juventus winger Eljero Elia has agreed to leave the Italian champions after making only four appearances last season. Liverpool have been strongly linked with the 25-year-old.
Former Aston Villa owner Sir Doug Ellis has called for managerial stability at the club after endorsing the appointment of Paul Lambert as boss.
Ex-England footballer Michael Gray has become the first person ever to have his hair transplant operation broadcast live on the internet. "Cosmetic surgery now is an everyday occurrence," he reasoned.