Wednesday's gossip column: Football transfers & rumours
For a list of confirmed transfers, check out our transfers page.
Real Madrid's long-running pursuit of forward Gareth Bale, 24, is close to a conclusion with Tottenham poised to accept an offer of £93m plus 25-year-old Portuguese wing-back Fabio Coentrao.
Chelsea are set to make a £28m bid for Wayne Rooney after failing with two previous bids for the Manchester United striker, 27.
Manchester United will return with an improved £35m joint bid for Everton pair Marouane Fellaini, 25, and Leighton Baines, 28, after an initial offer of £28m for the midfielder and defender was dismissed as "derisory and insulting".
Arsenal could face competition from Monaco and Juventus if they pursue an interest in 20-year-old Sevilla midfielder Geoffrey Kondogbia.
Newcastle intend to spend the proceeds from the possible sale of 27-year-old midfielder Yohan Cabaye to Arsenal on Blackpool's Tom Ince, 21 - but could face competition from Tottenham for the attacker's signature.
Everton are keen to sign Manchester City midfielder Gareth Barry on loan but the 32-year-old's wages are proving a stumbling block.
Manchester United have turned their attentions to Southampton's £10m-rated left-back Luke Shaw, 18, after being rebuffed in their pursuit of Everton's Leighton Baines.
Southampton could sign Scott Sinclair on a permanent £5m deal with Manchester City keen to sell the 24-year-old winger rather than allow him to join West Brom on loan.
Stoke manager Mark Hughes is attempting to sign Tottenham striker Jermain Defoe with the 30-year-old potentially moving to the Britannia Stadium on an initial loan deal.
Liverpool defender Sebastian Coates, 22, could be out for six months after suffering a knee injury on international duty with Uruguay - prompting the Reds to step up their pursuit of Sporting Lisbon's 20-year-old centre-back Tiago Ilori.
Liverpool are closing in on a £6m deal for Derby's 18-year-old midfielder Will Hughes after sending chief scout Dave Fellows to assess him in action for England Under-21s.
West Ham will make a move for Benfica striker Oscar Cardozo if they can get players off the wage bill to fund a bit for the Paraguayan, 30.
Reading have made a £1m move for Sunderland midfielder David Vaughan after the 30-year-old was told he could leave the Stadium of Light.
Arsenal will attempt to strengthen their goalkeeping options with an approach to Valencia for Vicente Guaita, 26.
Newcastle manager Alan Pardew believes his side need another striker and still have not adequately replaced Demba Ba after the 28-year-old's move to Chelsea in January.
Bologna midfielder Saphir Taider, 21, has completed a £4.7m move to Inter Milan.
Manchester City captain Vincent Kompany, 27, is set for up to a month on the sidelines with a groin injury sustained in the 4-0 win over Newcastle.
Former sports minister Gerry Sutcliffe has called on the Football Association to find a role in the women's game for Hope Powell after she was sacked as England boss on Tuesday.
Midfielder Scott Parker, 32, is sure he can win over the Fulham supporters after joining from Tottenham despite having played for bitter rivals Chelsea.
Bayern Munich manager Pep Guardiola has posed as part of lederhosen-clad team photo for the European champions.
Peterborough director of football Barry Fry helped deliver his granddaughter when his daughter Amber and her partner - Brighton striker Craig Mackail-Smith - were too late to reach hospital for the birth.