Arsenal midfielder Alex Song is a surprise summer target for Barcelona. New Barca manager Tito Vilanova is reportedly ready to bid £12.5 million for the Cameroon international.
Luka Modric could have his hopes of joining Real Madrid ended as the Spanish champions consider pulling out of the deal.
Modric has been desperate to move to Madrid this summer, but Tottenham's asking price of £40 million has put them off.
New Liverpool manager Brendan Rodgers could turn to Fiorentina defender Juan Manuel Vargas, as he looks to make his mark at Anfield.
The Reds are hopeful Alberto Aquilani's potential move to Florence can help them secure a deal for the Peruvian.
Inter Milan are ready to battle Chelsea for the signature of Bayer Leverkusen's Andre Schürrle.
The 21-year-old scored nine times in his first season with Leverkusen, and impressed at Euro 2012 with Germany.
Sao Paulo are preparing to offer Manchester United target Lucas Moura an improved contract in the hope of keeping at the club.
The Brazil international has been pursued by United all summer, but the Old Trafford club have been unable to meet Sao Paulo's demands.
And finally, Newcastle have completed the signing of Australian defender Curtis Good from Melbourne Heart.