Gossip column: Alex Song, Arsene Wenger, Fernando Torres
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 and Liverpool want to bring former Arsenal midfielder Alex Song, 26, back to the Premier League from Barcelona.
Arsenal boss Arsene Wenger is expecting full-back Bacary Sagna, 31, to leave this summer when his contract expires.
Liverpool manager Brendan Rodgers is drawing up a multi-million shopping list for the summer, including Southampton playmaker Adam Lallana, 25, and Barcelona's former Reds midfielder Javier Mascherano, 29. Torino winger Alessio Cerci, 26, and Swansea defender Ashley Williams, 29, are also targets.
QPR midfielder Adel Taarabt, 24, wants to make his loan move to AC Milan permanent.
Roma president James Pallotta believes midfielder Miralem Pjanic, 24, a target for Paris St-Germain and Manchester United, will stay.
Inter Milan are still considering a summer move for 30-year-old Chelsea striker Fernando Torres and have also revived their interest in Blackpool winger Tom Ince, 22.
Liverpool and Chelsea are chasing Fenerbahce midfielder Caner Erkin, 25, who is out of contract at the end of the season.
Valencia are keen on signing 28-year-old Southampton striker Dani Osvaldo, who is on loan at Juventus.
Arsenal manager Arsene Wenger, 64, who is out of contract at the end of the season but has yet to sign a new deal, has been offered the manager's job at French side Monaco.
Manchester United midfielder Marouane Fellaini, 26, has vowed to show what he can do next season after a disastrous first season at Old Trafford.
Aston Villa manager Paul Lambert has told club owner Randy Lerner that the club will face relegation next season unless there is investment in the team.
Tottenham Hotspur defender Kyle Walker is sweating on his England World Cup place after the 23-year-old failed to return to training this week after a pelvic injury.
Gus Poyet, 46, may become the new West Ham manager if he decides to leave Sunderland at the end of the season.
England midfielder Jordan Henderson, 23, has agreed in principle to a new contract that would tie him to Liverpool for the next four years.
Under-fire Newcastle manager Alan Pardew, 52, has admitted he has not been good enough this season.
West Ham manager Sam Allardyce, 59, says everyone would like to see Liverpool win the Premier League title.
Full-back Ryan Bertrand, 24, wants talks with Chelsea manager Jose Mourinho about his future following a six-month loan spell with Aston Villa.
Italy manager Cesare Prandelli, 56, claims he would not pick any England players in his squad if they were Italian.
You can comment on the latest gossip on the BBC Sport Facebook page.