Each day we'll bring you the very latest tabloid rumors as the biggest clubs around splash the cash to bolster their rosters. True or not, they're always entertaining...
Manchester United hope an £85m move from Real Madrid for Tottenham frontman Gareth Bale will pave the way for them to re-sign Cristiano Ronaldo from the Spanish club.
Barcelona are preparing an audacious £17m bid for Chelsea striker Fernando Torres - £33m less than the Blues paid Liverpool for him two years ago.
Manchester City and England midfielder Gareth Barry is a shock £3.5m transfer target for Tottenham.
Hull City will make an improved bid for Celtic striker Gary Hooper after having an offer of £4m rejected by the Scottish champions.
Out-of-favour Swansea striker Leroy Lita is being tracked by Sheffield Wednesday and Wolves.
Leicester, Leeds and Brighton are all interested in defender Matthew Upson after he was released by Stoke City.
Everton's Belgium international Marouane Fellaini wants a move to London - but Arsenal are unwilling to meet a £23m release clause.
Meanwhile, the Gunners have accepted five bids of around £3m for striker Nicklas Bendtner and also hope to sign Guincamp's £8m-rated France U21 midfielder Gilbert Imbula.
West Ham are trying to lure striker Demba Ba back to Upton Park - just five months after he left Newcastle to join Chelsea for £7m.
Barcelona want to offer Chelsea's Fernando Torres a La Liga lifeline - but would only play the 29-year-old striker as a 'super-sub'.
Manchester City are facing competition from Real Madrid for Malaga playmaker Isco, who is rated at £15m.
Tottenham are close to signing Inter Milan midfielder Fredy Guarin who is rated at £21m by the Italians, while they also want Cagliari's £13m-rated holding midfielder Radja Nainggolan with Scott Parker expected to leave.
Manchester United are closing in on Benfica's Ezequiel Garay with an agreement in principle between the clubs for the 26-year-old defender.
FC Nordsjaellend defender Jores Okore is to hold talks with Aston Villa over a proposed £4m move.
Monaco have confirmed their interest in Newcastle midfielder Yohan Cabaye, who is said to be unsettled with life on Tyneside.
Stoke boss Mark Hughes is considering a move for winger David Bentley who is a free agent after being released by Spurs.
Leeds manager Brian McDermott will target Celtic striker Anthony Stokes if he fails to snap up Kevin Doyle from Wolves.
Swansea manager Michael Laudrup's future has been thrown into doubt as the club broke off contact with the Dane's agent over a row about transfer targets.
Manchester United may have to pay Bayern Munich to rip up an agreement to sign Robert Lewandowski if they want to bring the 24-year-old Borussia Dortmund striker to Old Trafford.
Fernando Torres is seeking showdown talks with new boss Jose Mourinho about his future at Chelsea.
Portugal winger Nani will decide his Manchester United future this weekend but is expected to quit the Premier League with a host of top clubs in Europe keen to sign him.
Paris St-Germain are prepared to outbid Real Madrid in the £85million battle to sign Gareth Bale.
Barcelona have held initial talks over a £20m move for Chelsea striker Fernando Torres.
Liverpool hope to sign Sunderland goalkeeper Simon Mignolet for £8m in the next week. They have made a bid of £7m for the 25-year-old Belgian but the Wearsiders are holding out for nearer £10m.
The Reds and Crystal Palace have asked about Chelsea midfielder Lucas Plazon, 19, who was on loan at Malaga last season.
Monaco, Napoli and Roma are all interested in Newcastle midfielder Yohan Cabaye.
Sunderland have checked on Wolfsburg striker Bas Dost, who was a target for Everton and West Ham last summer.
Swansea are now favorites to sign England U21 winger Nathan Redmond from Birmingham who want to take defender Kyle Bartley in part exchange.
Wigan see Steve McClaren and Owen Coyle as the top two candidates to succeed Roberto Martinez as manager and the club hope to make an announcement today.
Tottenham are planning a £4m bid for Manchester City midfielder Gareth Barry as they look to replace Scott Parker.
Paris St-Germain are prepared to pay £10m compensation to Tottenham for manager Andre Villas-Boas.
Inter Milan's £5m-rated Nigeria midfielder Joel Obi is a target for Newcastle and Sunderland.
Tottenham are close to signing Dutch winger Ibrahim Afellay, 27, who has fallen out of favour at Barcelona.
Sunderland have held talks to sign 22-year-old St Etienne defensive midfielder Joshua Guilavogui.
West Ham are hoping to sign Chelsea striker Demba Ba and Manchester United winger Wilfried Zaha on loan for next season.
Real Madrid will compete with Chelsea and Manchester City for Napoli forward Edinson Cavani after the Spanish club held preliminary talks with the 26-year-old Uruguayan's representatives.
Striker Djibril Cisse, 31, is wanted by Qatar club Al-Gharafa on a permanent basis after spending the second half of last season there on loan from QPR.