Manchester United are on the verge of completing a £16m deal to sign Wigan winger Luis Antonio Valencia.
Everton are tracking £5m-rated Sweden Under-21 striker Marcus Berg, who plays for Groningen.
Birmingham are interested in Rangers midfielder Barry Ferguson and will table a £1m bid for him this week. Wolves have put in a £1.5m bid for Monaco’s Croatian midfielder Jerko Leko.
Portsmouth midfielder Arnold Mvuemba is set to sign for French side Lorient after a three-year spell at Fratton Park.
Hull defender Sam Ricketts is set to make a £2m switch to Portsmouth after rejecting a new deal with the Tigers.
Hull manager Phil Brown has insisted his interest in signing Newcastle striker Michael Owen is not a publicity stunt.
Liverpool have beaten Barcelona to the signing of 16-year-old Cadiz midfielder Jesus Fernandez.
Real Madrid are weighing up a massive move for Manchester United and England star Wayne Rooney, who is pleading with Sir Alex Ferguson to play him as a centre forward rather than on the wing.
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