For a list of all the latest deals, check out the transfers page.
Chelsea are poised to beat Leicester to the £7m signing of Croatia striker Andrej Kramaric, 23, from HNK Rijeka, and will loan him straight to Dutch side Vitesse Arnhem. (Daily Telegraph)
Manager Alan Pardew wants three new players to join him at Crystal Palace - Swansea forward Bafetimbi Gomis, 29, Aston Villa striker Darren Bent, 30, and Lille left-back Pape Souare, 24, are all targets. (Daily Star)
Tony Pulis will make Stoke City striker Peter Crouch, 33, his first signing as West Brom manager. (Daily Mirror)
Wales forward Gareth Bale, 25, has disappointed potential suitors Manchester United by expressing his desire to stay with Real Madrid. (Daily Mail)
Manchester United boss Louis van Gaal also wants to sign Everton right-back Seamus Coleman, 26, in a deal that could be worth £20m. (Guardian)
Swansea City chairman Huw Jenkins says the club have not received any bids for Wilfried Bony, with the 26-year-old understood to be a target for Manchester City and Chelsea. (Daily Star)
However, Manchester City have started negotiations over a £25m move for the Ivory Coast striker. (Daily Mail)
Arsenal have had their opening bid for 16-year-old Polish midfielder Krystian Bielik rejected by Legia Warsaw. (Metro)
Liverpool and Tottenham target Saido Berahino could be available for £14m - despite West Brom claiming the 21-year-old striker would not be allowed to leave for £23m. (Talksport)
Arsenal boss Arsene Wenger wants to loan out striker Yaya Sanogo, 21, to another Premier League club to help him graduate to the first team, with Aston Villa leading the chase. (Daily Mirror)
Derby manager, and former England boss, Steve McClaren has emerged as the frontrunner to replace Crystal Palace-bound Alan Pardew at Newcastle United. (Independent)
St Etienne manager Christophe Galtier will not be replacing Pardew at Newcastle according to the French club's co-president Bernard Caiazzo. (Daily Mirror)
Germany forward Lukas Podolski, 29, stormed out of Arsenal's training ground on Wednesday after becoming increasingly frustrated with life at the Emirates. (Daily Mirror)
Leeds United owner Massimo Cellino is running out of patience with Neil Redfearn and could soon be looking for his fifth manager in seven months. (Telegraph)
New West Brom manager Tony Pulis will have up to £15m to spend in the January transfer window. (Independent)
Pulis consulted England boss Roy Hodgson - a former manager at The Hawthorns - for a detailed report after agreeing his deal with the Premier League strugglers. (Telegraph)
England striker Daniel Sturridge, 25, will fly back from Los Angeles to resume training with Liverpool in a matter of days. (Sun - subscription required)
BEST OF SOCIAL MEDIA
QPR defender Rio Ferdinand revealed on Twitter how he would be seeing in 2015 with striker Bobby Zamora, his team-mate at Loftus Road.
On a similar theme, Manchester United goalkeeper Anders Lindegaard tweeted: "Gonna spend New Year's Eve in a hotel with @waynerooney and the lads. Happy days."
Fernando Torres endured a nightmare first training session on his return to Atletico Madrid. The 30-year-old former Liverpool and Chelsea striker was filmed missing an open goal several times and getting his feet tangled in training ground equipment. (Metro)