Transfer window gossip: Wednesday edition
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For a list of confirmed transfers, check out the transfers page.
A delegation from Arsenal have travelled to Germany to try to arrange a deal to sign Schalke midfielder Julian Draxler. The 20-year-old's contract contains a release clause of £37m, but the Gunners have thus far indicated they are only prepared to offer £25m.
Manchester United's pursuit of Southampton full-back Luke Shaw will end in disappointment as the 18-year-old hopes to join Chelsea in the summer.
Fulham hope to bring in Tottenham midfielder Lewis Holtby, 23, on loan by letting striker Dimitar Berbatov, 32, head the other way. Earlier reports had linked Holtby with a return to Germany with Borussia Dortmund.
Cardiff are prepared to sell club-record signing Andreas Cornelius, 20, back to Copenhagen. The deal will result in a £5m loss on the striker, who is yet to score for the Bluebirds in 11 appearances since his £8.5m summer move.
Cardiff have enquired about Genk's defensive midfielder, 24-year-old Kara Mbodj.
Italian champions Juventus want to sign suspended Southampton striker Dani Osvaldo, 28, in an £8m move before deadline day.
Sunderland manager Gus Poyet has criticised Stoke boss Mark Hughes for his pursuit of midfielder Lee Cattermole, 25, and forward Steven Fletcher, 26.
Chelsea full-back Ryan Bertrand, 24, has not ruled out joining Aston Villa on a permanent basis after moving to Villa Park on loan earlier this month.
Porto defender Nicolas Otamendi is still open to leaving the club before Friday after seeing a loan move to Valencia collapse. The 25-year-old has been linked with Chelsea, Manchester United and Manchester City.
Midfielder Alen Halilovic, 17, is set to stay at Dinamo Zagreb despite being a target for Arsenal and Tottenham.
Former England striker Bobby Zamora, 33, can leave Queens Park Rangers after making just 34 appearances in two years since a £4m move.
Manchester United striker Wayne Rooney, 28, has agreed terms on a new deal which will keep him at the club well into a second decade.
United's next kit deal could smash the British record set by Arsenal on Tuesday, with current suppliers Nike facing competition from Adidas, Puma and Warrior for the contract, which would start in 2015.
Liverpool managing director Ian Ayre defends the Premier League club's transfer policy after they missed out on Basel winger Mohamed Salah to Chelsea.
West Bromwich Albion manager Pepe Mel says he tried to sign Aston Villa striker Christian Benteke, 23, when he was in charge at Spanish side Real Betis.
Italian side Inter Milan are attempting to sign Manchester United winger Nani, 27, on loan.
Sunderland are interested in signing Vitoria and Portugal Under-21s forward Tomane.
Espanyol goalkeeper Kiko Casilla, 27, is high on the wish-list of Manchester United, who are also keeping an eye on Leicester City's 27-year-old stopper Kasper Schmeichel.
AS Roma manager Rudi Garcia says Bosnia midfielder Miralem Pjanic is not for sale, dismissing reports suggesting the 23-year-old could move to French champions Paris St-Germain.
Everton's Dutch defender Johnny Heitinga, 30, is likely to move to Turkish side Galatasaray.
Paris St-Germain owner Nasser Al-Khelaifi has revealed several reasons for the French club's pursuit of Newcastle midfielder Yohan Cabaye, among them being that the 28-year-old is a "nice guy".
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