Arsenal finally admit they will sell forward Robin van Persie, 28, for £30m - and Gunners winger Theo Walcott, 23, could follow him out of the door.
Arsene Wenger is planning a double French swoop to bring Olivier Giroud, 25, and Yann M'Vila, 21, to Arsenal.
Jose Mourninho will try to lure David Silva, 26, from Manchester City to Real Madrid.
Manchester United are readying a bid for Hoffenheim midfielder Gylfi Sigurdsson, 22, as Sir Alex Ferguson looks to hi-jack Liverpool's advances.
Manchester United are gearing up to take advantage of Harry Redknapp's departure as Tottenham manager by signing two of the London club's best players - midfielder Luka Modric, 26, and winger Gareth Bale, 22.
Tottenham look set to pip Newcastle in the race to sign Manchester United starlet Ezekiel Fryers, 19, as the defender has apparently failed to agree an extension to his contract which expires next month.
Striker Daniel Sturridge, 22, wants to quit Chelsea after his Euro 2012 snub, with Arsenal, Manchester City, Tottenham and Liverpool all interested.
QPR will wrap up a deal for West Ham goalkeeper Robert Green while the 32-year-old is on England duty at Euro 2012.
West Ham are in talks with Juventus for winger Eljero Elia, 25, and are discussing a move for forward Luc Castaignos, 19, with Inter Milan.
Full Story: BBC Sport