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Chelsea striker Fernando Torres, 29, is a transfer target for a Singapore-based billionaire trying to buy Spanish side Valencia.
Liverpool will make a move for Real Madrid striker Karim Benzema, 26, if they qualify for the Champions League at the end of the season.
Swansea's Spain striker Michu, 27, is wanted by Anzhi Makhachkala, before the Russian transfer window shuts on Monday night.
Manchester United believe they have won the battle to sign Borussia Dortmund's 21-year-old Germany international midfielder Ilkay Gundogan for £25m.
Everton boss Roberto Martinez wants to tempt former Swansea midfielder Joe Allen, 23, across Stanley Park from Liverpool to Goodison Park.
Manchester City defender Joleon Lescott, 31, is ready to move abroad at the end of the season with the former Everton centre-half wanted by Monaco and Besiktas.
Former Chelsea striker Didier Drogba is considering returning to the club as a coach. The 35-year-old, who is currently playing at Galatasary, has been offered the chance to work at Stamford Bridge as strikers' coach by manager Jose Mourinho.
Premier League strugglers Norwich City will sack manager Chris Hughton if they are beaten by Tottenham on Sunday and will target Celtic boss Neil Lennon as a replacement.
Owner Mike Ashley is willing to discuss selling Newcastle United - if someone offers £250m.
Former Manchester United defender Gary Neville insists his old club will not finish in the Premier League top four this season.
Former Swansea manager Michael Laudrup will demand an extra £1m in compensation if the Welsh club avoid relegation this season.
Tim Sherwood could keep his job as Tottenham manager even if the club fail to qualify for next season's Champions League.
Scunthorpe United have revealed the secret behind their 16-match unbeaten run - their interesting selection of half-time snacks.
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