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Liverpool will tell Luis Suarez, 26, he has to put in a transfer request if he is to leave the club.
Shakhtar Donetsk attacking midfielder Henrikh Mkhitaryan, 24, is set to arrive at Anfield for a medical ahead of a £23m move to Liverpool this week.
Liverpool will fund that transfer with the sale of striker Andy Carroll, 24, to West Ham. The Reds have been forced to compromise over the fee for the England international to generate funds for Mkhitaryan.
Carroll will undergo a medical with the Upton Park club on Tuesday after agreeing a six-year £100,000-a-week deal to turn his loan switch from the Reds into a permanent move.
Arsenal are favourites to sign Real Madrid striker Gonzalo Higuain, 25, after Juventus switched their attention to Manchester City's Carlos Tevez, 29.
The Gunners are also interested in signing Spain Under-21 and Real Sociedad defensive midfielder Asier Illarramendi, 23.
Arsenal centre-back Laurent Koscielny will reject the advances of Barcelona and Bayern Munich to stay with the north London club.
Manchester City expect to complete the £30m transfer of Malaga playmaker Isco as the 21-year-old is concerned he will not play regularly at Real Madrid.
Chelsea are being quoted a £38m price if they want to prise former midfielder Nemanja Matic, 20, away from Benfica. Matic left the Blues to join the Portuguese club as part of the deal which brought David Luiz, 26, the other way in January 2011.
Tottenham want to sign Corinthians midfielder Paulinho, 24, Internacional striker Leandro Damiao, 23, and Barcelona striker David Villa, 31.
Sunderland will replace Liverpool-bound keeper Simon Mignolet with PSV Eindhoven's Joroen Zoet, 22, for £1m.
Wolves have made another enquiry about out-of-contract Burnley striker Martin Paterson, 26.
Former Manchester United chief executive David Gill has been given power in his new role as an executive member of Uefa to recommend bans for club's that breach Financial Fair Play regulations.
Manchester United's veteran winger Ryan Giggs, 39, will travel to Turkey this week for an intensive eight-day assignment at the Under-20 World Cup finals, as he attempts to secure a Uefa Pro Licence coaching badge.
Joe Kinnear, who claims he has been appointed the Newcastle director of football, will have an office at the Magpies training ground and travel to matches with the team. He also claims Newcastle manager Alan Pardew thinks his arrival at St James' Park is "great news".
Pardew will tell Kinnear he is in sole control of the first team when the pair meet.
Tottenham are confident they can persuade manager Andre Villas-Boas, 35, to reject overtures from Paris St-Germain and remain at White Hart Lane.
Leicester are poised to name Sir Dave Richards as their new chairman. The 70-year-old previously performed the same role for the Premier League.
GLOBAL GOSSIP (sourced by BBC Monitoring)
French midfielder Remy Cabella, 23, has said he will stay at Montpellier next season, despite interest from Lille and Olympique Marseille.
Juventus have made 29-year-old Federico Peluso's loan spell from Atalanta permanent for around £4.4m in their first official signing of the season.
German side Schalke have bought Christian Clemens, 21, from FC Koln on a four-year deal for around £2.4m.
New Aston Villa signing Jores Okore, 20, has admitted he fell asleep during his medical with the club.