Here is a round up of all of today’s latest transfer gossip across Europe:
Is your club involved?
Barcelona, Manchester United, Manchester City, Real Madrid, Sevilla, Liverpool, Arsenal, PSG, Atletico Madrid, Atletico Mineiro, Inter Milan, Tottenham, Trabzonspor, Parma, Fiorentina, Real Betis, Chelsea, Bayern Munich, Borussia Dortmund, Napoli, Roma, Lyon, Sochaux, Southampton, Marseille, Olympiakos, Newcastle, Elche, West Ham, Hull City, Sunderland, Besiktas, Fenerbahce, Everton, Bolton, Crystal Palace, MK Dons, Watford, Granada, Estudiantes, Norwich, Anderlecht, Ipswich, Blackpool and Swindon Town............ are all caught up in the latest transfer news/rumours across Europe, as we speak.
Barcelona are prepared to sell midfielder Cesc Fabregas, 26, to Manchester United but the Red Devils must break their club record transfer fee and pay £31m to make it happen - Daily Mirror
Manchester City are considering whether to raise their offer to nearer £20m for Real Madrid and Portugal international defender Pepe, 30 - Daily Mail
Manchester United have rejected a bid from Chelsea for unsettled striker Wayne Rooney. Since Chelsea boss Jose Mourinho spoke last week about how much he admired Rooney as a player, the London club have now placed a firm bid for the 27-year-old. It is believed the Blues have offered £10m plus either Spanish playmaker Juan Mata or Brazilian defender David Luiz - various sources
Real Madrid striker Gonzalo Higuain (right) is a key target for Napoli president Aurelio De Laurentiis, as he prepares to reinvest the funds generated by Edinson Cavani's sale - skysports.com and sportinglife.com
Manchester City have clinched the £24.3m signing of Sevilla striker Alvaro Negredo (right) - The Times
Luis Suarez's representatives believe Liverpool will only sell the 26-year-old when a £40m clause in the striker's contract is activated. The Uruguayan would prefer a move to Real Madrid, but Arsenal are the only team to have bid for him - The Sun and sportsmole.co.uk
Manchester City and Chelsea are chasing Sweden forward Zlatan Ibrahimovic, 31, who has fallen out with new Paris St-Germain boss Laurent Blanc over the signing of 26-year-old Edinson Cavani - Daily Star and sportsmole.co.uk
Arsenal have reportedly rejected claims that midfielder Santi Cazorla has agreed personal terms with Atletico Madrid. Reports in Spain suggested that the 28-year-old was close to agreeing a switch to Atletico following the arrival of David Villa from Barcelona - sportsmole.co.uk and Daily Mirror
Manchester United are reportedly ready to step up their interest in Inter Milan defender Andrea Ranocchia (right). The Nerazzurri are said to be looking for around £21m for the 25-year-old Italian international. The centre-back is also said to be attracting interest from Tottenham Hotspur and Arsenal - Daily Express and sportsmole.co.uk
Liverpool have approached Atletico Mineiro about winger Bernard, 20. The Brazil international has a release clause of approximately £20m, but a number of Champions League sides are also believed to be interested in him - Daily Telegraph
Florent Malouda has joined Turkish outfit Trabzonspor. The 33 year-old midfielder was a free agent after six years with Chelsea - transfermarketweb.com
Parma have landed the former Roma and Real Madrid striker from Inter Milan on a two-year deal - sportinglife.com
Manchester City will complete the signing of Stevan Jovetic from Fiorentina in the next few hours and will pay a fee of £24.5million plus add-ons - Corriere dello Sport
Tottenham are chasing highly rated Real Betis winger Alvaro Vadillo (right), 18, who has been dubbed the 'new Cristiano Ronaldo' - The Metro
Chelsea have targeted Bayern Munich's Luiz Gustavo, 25, as a midfield replacement for John Mikel Obi, 26, who is expected to depart Stamford Bridge this summer - talkSPORT and transfermarketweb.com
Robert Lewandowski has confirmed he has accepted Borussia Dortmund's decision not to allow him to join Bayern Munich this summer. The Poland international is expected to join Bayern in 12 months' time when his contract expires - skysports.com
Real Madrid have agreed to sell defender Raul Albiol, 27, to Napoli on a four-season deal for around £10m - El Pais (in Spanish)
Roma have beaten Manchester United to the signature of PSV Eindhoven's Kevin Strootman with the 23-year-old midfielder set to complete a £15m deal to join the Italian club - Gazzetta dello Sport (in Italian)
Manchester United and Barcelona will go head to head with Chelsea and Manchester City for the signature of Roma's 19-year-old Brazilian defender Marquinhos (right) - Daily Star
Lyon could include France midfielder Yoann Gourcuff, 27, in their bid to beat Roma to the signing of 26-year-old Arsenal winger Gervinho.
Sochaux and Algeria winger Ryad Boudebouz, 23, says he would be interested in a move to Southampton - Southern Daily Echo
Newcastle are keen on 29-year-old Olympiakos and Algeria striker Rafik Djebbour who is rated at £2.25m.
Atletico Madrid midfielder Ruben Perez has joined newly-promoted La Liga outfit Elche on loan. The 24-year-old spent last season on loan with Real Betis, where he made 25 appearances during an impressive campaign for the Spanish outfit.
West Ham's hopes of landing Morgan Amalfitano, 28, have been dashed after Marseille accepted an offer from Olympiakos for the French midfielder - talkSPORT
Turkish side Fenerbahce are to rekindle their interest in Everton defender John Heitinga, with Besiktas also interested - Daily Mail and transfermarketweb.com
Andre Moritz (right) wants to join up with his former Crystal Palace manager, Dougie Freedman, at Bolton. The 26-year-old midfielder is available on a free transfer - Bolton News
Crystal Palace winger Jason Banton has moved to MK Dons on loan until 5th January 2014. The 20-year-old joined Palace last summer and made his debut in an FA Cup tie against Stoke, before making a big impression when sent on loan to Plymouth - skysports.com and transfermarketweb.com
West Ham are still hoping to sign Duvan Zapata but has ruled out moves for Graham Dorrans and Stewart Downing. The Hammers want to bring in Zapata, a 22-year-old Colombian striker with Argentine outfit Estudiantes, but the move has been held up by work permit issues - skysports.com
Sunderland striker Danny Graham is to join Premier League newcomers Hull City on a season-long loan - skysports.com and sportinglife.com
Hull City are interested in signing Lyon winger Jimmy Briand - L'Equipe
Norwich City are the latest club to be linked with Anderlecht defender Cheikhou Kouyate (right) who is valued at around £7m - The Times
Watford have dipped back into the loan market to sign 32 year-old Brazilian midfielder Iriney Santos from sister club Granada - skysports.com and transfermarketweb.com
Ipswich Town boss Mick McCarthy has confirmed that the club are interested in signing experienced centre-back Titus Bramble. The 31-year-old is available on a free transfer - skysports.com ans ssportsmole.co.uk
Blackpool are trying to clinch a £150,000 move for Swindon Town full-back Paul Caddis - Daily Mail