Manchester City have accepted that striker Radamel Falcao, 27, is likely to join either Chelsea or Real Madrid and are to press ahead with a bid for Napoli forward Edinson Cavani instead.
City are set to meet the £54m buy-out clause required to sign the 26-year-old Uruguayan international.
Chelsea have been offered a cut-price £6m deal for Bayer Leverkusen striker Stefan Kiessling, 29, as the German international plots a summer move to the Premier League.
Real Madrid are monitoring Manchester United striker Javier Hernandez with the Mexican striker, 24, frustrated at not playing enough big games for the Premier League leaders.
Turkish side Galatasaray are ready to offer striker Darren Bent an escape from his Aston Villa nightmare. The 29-year-old has been targeted by the club in the past and they are expected to launch a new bid this summer.
Everton midfielder Marouane Fellaini, 25, admits he still has a burning desire to join Chelsea.
Liverpool, Everton and Tottenham are hoping to sign Feyenoord central defenders Stefan de Vrij, 21, and Bruno Martins Indi, 20, as part of a £25m package.
Manchester City midfielder Yaya Toure says he wants to stay at the club for the rest of his career. The 29-year-old has two years left on his contract and feels manager Roberto Mancini has worked out the best way to use him.
Former England manager Fabio Capello fancies a return to English football. The 66-year-old has struggled to adapt to being Russia boss - despite four wins from four in World Cup qualifiers - and has said he would love a job in the Premier League.
QPR chairman Tony Fernandes expects manager Harry Redknapp to stay at Loftus Road whatever their fate at the end of the Premier League season.
Redknapp has pinned the club's survival hopes on strikers Bobby Zamora, 32, and Loic Remy, 26.
Ex-Liverpool defender Alan Kennedy believes his former club's Europa League exit should provide the perfect motivation for them to deliver in the Premier League.
French striker Thierry Henry, 35, is set for an emotional return to Arsenal - as a member of Wenger's coaching staff.
Cristiano Ronaldo, 28, may be one of the best players in world football but it seems the Real Madrid forward still dreams of being something else - a pilot.