- Liverpool have pulled out of the race to sign Wesley Sneijder after the players high wage demands. The Dutch midfielder is reportedly demanding a whopping £6 million a year after tax. Reds manager Brendan Rodgers has also cooled down talks of Barcelona striker David Villa.
- Arsenal manager Arsene Wenger feels the club has no chance to finance a deal for Edinson Cavani. The Uruguayan striker has a £45 million buy-out clause in his contract and has attracted cash-rich clubs like Manchester City.
- Newcastle United manager Alan Pardew is eyeing four players this transfer window. Pardew is after Lyon striker Bafetimbi Gomis, Siem de Jong of Ajax and Moussa Sissoko of Toulouse for his midfield and Nancy left-back Massadio Haidara to give a patched-up squad a much-needed lift.
- AC Milan are plotting a £24 million for Manchester City striker Mario Balotelli.
- Swansea City have signed Roland Lamah on loan with a view to a permanent move.
- Manchester United are still interested in signing Ajax midfielder Christian Eriksen while Colombia international Juan Fernando Quintero is set to snub the Red Devils and move to Inter Milan.
- Queens Park Rangers striker Djibril Cisse held talks with Qatari side Al Gharafa after the club signed Loic Remy recently.
- Manchester City are planning to strengthen their defence with a move for Borussia Dortmund's defensive duo Mats Hummels and Neven Subotic.
- Real Madrid are interested in signing Manchester City's defensive midfielder Javi Garcia.
- Liverpool have submitted a £8m bid for Inter Milan's Brazilian midfielder Philippe Coutinho after pulling out of the race to sign Tom Ince from Blackpool.
- QPR manager Harry Redknapp wants to sign Portugal and Porto defender Rolando. Rangers have also been linked with France international Yann M'Vila but face competition from Newcastle and Tottenham.
- Stoke City are close to signing 22-year-old United States and FC Dallas winger Brek Shea.
- Real Madrid could allow midfielder Kaka to leave for free as the Brazilian targets the Premier League. Chelsea and Manchester United have been alerted and are monitoring the situation.
More to follow..