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Chelsea are growing increasingly confident of signing 27-year-old Manchester United striker Wayne Rooney for £30m.
Chelsea manager Jose Mourinho has been impressed by striker Romelu Lukaku, 20, who spent last season on loan at West Brom but he will continue to chase Rooney.
Arsenal could turn to Swansea's Ashley Williams, 28, to cope with their growing defensive crisis.
The Gunners could also revive their interest in Real Madrid striker Gonzalo Higuain, 25, who is stalling on a move to Napoli because he is keen on a move to London.
Liverpool striker Luis Suarez, 26, is waiting to see if Arsenal will bid over £40m for his services.
Suarez is set to discuss his future with Liverpool boss Brendan Rodgers within the next 24 hours as he arrives in Melbourne to join their pre-season tour.
Liverpool have entered the race to sign Tottenham target and Valencia striker Roberto Soldado, 28, after Spurs had an initial bid of £17m rejected.
Bundesliga side Hamburg are preparing a £6m bid for 27-year-old Everton striker Nikica Jelavic.
West Ham are interested in bringing Tottenham midfielder Scott Parker, 32, back to Upton Park if their wage bill allows it.
Middlesbrough striker Scott McDonald, 29, is set for a move to Millwall.
GLOBAL GOSSIP (sourced by BBC Monitoring)
Real Madrid have confirmed the sale of defender Raul Albiol, 27, to Napoli.
Inter Milan are interested in signing Algerian midfielder Ryad Boudebouz, 23, from French side FC Sochaux-Montbeliard.
Manchester United manager David Moyes claims his Glasgow upbringing will give him the edge when it comes to mind games with Chelsea boss Jose Mourinho.
Manchester United striker Robin van Persie, 29, has backed Moyes to prove doubters wrong about his abilities to replace Sir Alex Ferguson.
Plans to give England women's coach Hope Powell a new position as director of elite women's football have been scrapped, according to Sir Trevor Brooking.
Former Cardiff City owner Sam Hammam is set to return to the club in a key role - seven years after he was ousted from the club.
An attempt by Liverpool midfielder Steven Gerrard to mingle with fans in Jakarta backfired when one female fan became hysterical as the 33-year-old approached her.