Liverpool have entered the race for Southampton wonderkid Alex Oxlade-Chamberlain and Kenny Dalglish is ready to persuade the youngster to snub a move to Arsenal and join the Reds instead.
Chelsea have joined Tottenham in the chase for Everton's England Under-21 midfielder Jack Rodwell.
Scott Parker is holding out for a move to Tottenhamafter rejecting a switch to Turkey with Fenerbahce.
Blackburn are ready to step up their interest in Roger Johnson to replace Manchester United-bound Phil Jones.
Tottenham, Newcastle and Arsenal have all missed out on Lorient striker Kevin Gameiro , 24, who has joined Paris St Germain on a four-year deal.
Newcastle are still hoping to beat Everton to the signing of West Ham striker Demba Ba , 26.
Arsenal's majority shareholder Stan Kroenke is determined to keep Samir Nasri at the club and will offer him improved terms on his new contract to stop him leaving for Manchester United.
Real Madrid boss Jose Mourinho is set to sell French midfielder Lassana Diarra and wants Michael Essien, 28, who he signed for Chelsea , as a replacement.
Arsenal will consider offering Ignasi Miquel on loan to Bolton as part of a deal for England defender Gary Cahill .
Swansea City are ready to revive their interest in Eidur Gudjohnsen. The Iceland striker was close to signing a deal with Fulham, but new boss Martin Jol prefers Spurs' Robbie Keane.
Manchester United winger Nani has apparently opened the door to a possible move to Real Madrid by admitting he would like to work under Jose Mourinho.