Chelsea are ready to snatch France's 26-year-old right-back Mathieu Debuchy of Lille from under Newcastle's noses.
Out-of-favour midfielder Alberto Aquilani will not be allowed to tear up his Liverpool contract, but Joe Coe is set for a second chance at the Reds.
Manchester United are watching Barcelona midfielder Thiago Alcantara, 21, and remain keen on Tottenham's Luka Modric.
Everton are trailing Mario Mandzukic, 26, who has been one of the stars of Euro 2012 so far with three goals in two games for Croatia.
Manchester City's hopes of snaring Thiago Silva from AC Milan were reduced to virtually zero, after the Italian side rejected a £37m bid for the 27-year-old from Paris Saint Germain.
Michael Owen, 32, has decided on a move to Stoke City despite interest from Everton.
Stoke City are chasing Fulham midfielder Dickson Etuhu, 30, but Martin Jol's side will want £1.5m before letting him leave Craven Cottage.
West Ham are set to hand out-of-contract Mohammed Diame, 25, a three-year deal worth £7m as they look to add to their midfield options.
Arsenal are leading the chase to sign Real Madrid's 22-year-old star Joselu.
Chelsea have had a £20m bid for Fiorentina's Stevan Jovetic, 22, rejected, according to reports.
New Swansea boss Michael Laudrup will make Denmark and Arsenal striker Nicklas Bendtner his main transfer target this summer.
Aston Villa manager Paul Lambert has told fellow Scot Alan Hutton he has no future at Villa Park.
Glenn Hoddle has expressed his surprise at Harry Redknapp's sacking as Tottenham manager - claiming the decision cannot have been based solely on footballing reasons.
Birmingham have Roy Keane on a four-man short-list for their manager's job - even though, unlike the other three people on it, he has not actually applied.
Injury-prone midfielder Owen Hargreaves, 31, is considering whether to call time on his career.
Tottenham have now formally spoken with former Chelsea boss Andre Villas-Boas about their managerial vacancy.
Damien Comolli could be set for a shock return to Tottenham as director of football.
Tottenham are set to hand Tim Sherwood the role of director of football at White Hart Lane.
John Toshack's endorsement of Michael Laudrup persuaded Swansea City chairman Huw Jenkins to hand the Dutchman the Swans' manager's job.
Blackburn Rovers secretary Anthony Bloch is understood to have become the latest casualty of Venky's chaotic regime.
EURO 2012 GOSSIP
Poland defender Damien Perquis, 28, has been ruled out of Saturday's crucial Euro 2012 match against Czech Republic with injury.
Russian hooligans have threatened to take on their Polish counterparts ahead of Saturday's final Group A games.
Shay Given, 36, may call time on his international career after the Republic of Ireland's poor showing at Euro 2012.
Croatia's stars are furious with Italian goalkeeper Gianluigi Buffon for suggesting they may try to fix their final group game against Spain to ensure a 2-2 draw which would knock Italy out even if they beat the Republic of Ireland.
Despite being just hours away from Friday's Euro 2012 clash in Kiev, the fans of both England and Sweden joined together for a heart-warming rendition of Oasis classic 'Wonderwall' in the city square.