For a list of confirmed transfers, check out the transfers page.
Visit our manager ins and outs page for a list of all the current bosses in the top five leagues in England and the Scottish Premiership.
Manchester United striker Robin van Persie, 30, could be set for a dramatic return to former club Arsenal in the summer after his agent reportedly met with Gunners boss Arsene Wenger to discuss a move.
Paris St-Germain have joined the race to sign Chelsea's 26-year-old Brazilian defender David Luiz, with the French champions willing to pay more than Barcelona's £20.5m valuation.
Arsenal target Maximilian Arnold is happy at Wolfsburg and is not looking for a new club, according to his agent. The 19-year-old midfielder is wanted by Arsene Wenger after scoring six times for the Bundesliga side.
Manchester United will have to beat Real Madrid to the signature of Juventus midfielder Arturo Vidal this summer. Vidal, 26, is rated at £40m by the Italian champions.
Tottenham's 24-year-old winger Nacer Chadli - who scored his first Premier League goal at Newcastle in midweek - has revealed that he nearly joined Swansea on loan last month.
Newcastle are likely to offload 26-year-old attacker Hatem Ben Arfa at the end of the season as the Frenchman continues to find himself on the periphery of Alan Pardew's starting line-up.
Liverpool winger Raheem Sterling's recent form has been enough to persuade England manager Roy Hodgson to start the 19-year-old at this summer's World Cup finals.
Meanwhile, Reds defender Martin Skrtel, 29, says the opening 20 minutes of their 5-1 win over Arsenal - a spell in which he scored twice - was the best football he has ever been part of.
Manchester City's 28-year-old striker Alvaro Negredo hopes to outshine Chelsea forward Fernando Torres, 29, during their FA Cup fifth-round tie on Saturday and prove that he deserves to start up front for Spain at the World Cup.
Former Newcastle midfielder Rob Lee believes supporters who want owner Mike Ashley out should be careful what they wish for, saying: "Look at Birmingham, look at Cardiff - it could be worse."
Sunderland manager Gus Poyet, 46, says a replay would be worse than defeat when his side meet Southampton in the FA Cup today, as the Uruguayan is eager to avoid a fixture pile-up.
The best is yet to come from Liverpool striker Daniel Sturridge according to manager Brendan Rodgers, as the striker bids to set a new club record by scoring in nine consecutive matches when he faces Arsenal in the FA Cup on Sunday.
Ahead of their Champions League tie, Barcelona's 27-year-old defender Gerard Pique warns Manchester City that if Lionel Messi, 26, does not perform, the Catalan giants can call on the fit-again Neymar.
Former Manchester United striker Ruud van Nistelrooy, 37, is back in training six times a week, sparking rumours he could come out of retirement and return to the game.
After having his contract mutually terminated by West Brom, striker Markus Rosenberg, 31, has donated the entire contents of his Midlands home to charity.
Charlton captain Johnnie Jackson, 31, has criticised the pale orange ball that will be used in this weekend's FA Cup fifth-round ties - claiming it is too girly.
You can comment on the latest gossip on the BBC Sport Facebook page.