With the regular season all but complete, and the World Cup just seventeen days away, you might expect Clubs to take their foot of the gas for a few weeks, but you couldn't be more wrong. The transfer rumour mill is in full swing as Clubs begin to prepare for next season.
Here is a round up of all the latest transfer gossip across Europe today!
Is your club involved?
Queens Park Rangers, Liverpool, AC Milan, Arsenal, Southampton, Manchester City, Real Madrid, Manchester United, Tottenham, Inter Milan, Atletico Madrid, Besiktas, Chelsea, Paris St-Germain, West Ham, Juventus, Valencia, Cardiff City, Sunderland, Hamburg, Roma, Hull City, Wigan, Leicester City, Nottingham Forest and Panathinaikos...........are all caught up in the latest transfer news/rumours across Europe, as we speak.
Queens Park Rangers manager Harry Redknapp is poised to move for midfielder Frank Lampard and defender Rio Ferdinand, also 35, as he prepares for a return to the Premier League. Ferdinand was released by Manchester United at the end of the season, while Lampard is out of contract at Chelsea - The Sun and sportsmole.co.uk
Liverpool are set to make a £40m double swoop for Southampton duo Adam Lallana and full-back Nathaniel Clyne (right) - Daily Star and transfermarketweb.com
Liverpool have been told they must increase their offer to £25m for Southampton midfielder Adam Lallana, 26, if they want him to move to Anfield - Metro
Arsenal and Liverpool are again being linked with striker Mario Balotelli - skysports.com
Arsenal right-back Bacary Sagna is poised to pen a bumper contract thought to worth in the region of £120,000 a week to join Manchester City - Daily Express
Arsenal manager Arsene Wenger has dropped hints he might be ready to make a move for Real Madrid and French international striker Karim Benzema - Daily Star
Manchester United Striker Danny Welbeck, 23, has spoken about his frustration at being played out of position at United and that will alert Tottenham, among others, to his potential availability - Daily Telegraph
Manchester United's Nani will move to Inter Milan on loan until the summer with an option for a permanent deal - O Jogo (Portugal)
Atletico Madrid will fight to keep Diego Costa and Thibaut Courtois at the club this summer despite interest from Chelsea - Daily Mail
Turkish side Besiktas are keen on Chelsea striker Demba Ba, 29, after cooling interest in unsettled Blues forward Samuel Eto'o - Daily Mail
Chelsea have made an enquiry for Paris St-Germain striker Ezequiel Lavezzi (right).
It is understood the Argentine, 29, is keen to play in a more competitive league outside France - Daily Telegraph and Daily Mail
St-Etienne's Kurt Zouma has decided to join Chelsea but probably only in the summer. However, both sides are yet to agree terms - L'Equipe (France)
Liverpool have reportedly shown their hand in the pursuit of striker Loic Remy by offering a bid to Queens Park Rangers.
While reports have claimed that the striker has held talks with both the Reds and Arsenal, it is believed that Liverpool have made their move - footballdirectnews.com
West Ham have agreed a three-year deal with Argentine forward Mauro Zarate, 27, who has had spells in Europe with Birmingham City in 2008 and more recently with Italian giants Lazio and Inter Milan - Daily Star and skysports.com
James Milner's Manchester City future is hanging in the balance with the player undecided on his future - Manchester Evening News
Juventus are close to signing Dani Osvaldo (right) from Southampton on a permanent deal, but Valencia are also interested The Argentinian born striker has been on loan at the Turin club since January - Gazzetta Dello Sport (Italy) and Corriere Dello Sport (Italy)
Championship-bound Cardiff City are set to sign free agent Federico Macheda, 22, this week after the striker was released by Manchester United - Daily Mail
Sunderland are leading the chase to bring Michael Mancienne back to England. The 26-year-old former Chelsea defender wants to head home after a three-year spell in Germany with Hamburg - Daily Mirror and The Sun
Roma will turn their attention to Southampton central defender Dejan Lovren if their Moroccan international Mehdi Benatia is lured away to Manchester City - The Sun
FA Cup finalists Hull City are being linked with a £3million move for Southampton defender Jose Fonte - The Daily Echo
Hull City are reportedly preparing to begin discussions with Tottenham Hotspur over the permanent capture of midfielder Jake Livermore (right).
Despite the clubs being quite a distance apart with regards to the initial fee, it is believed that Hull are hopeful of securing Livermore's services for next season - Hull Daily Mail
Tottenham's promising midfielder Alex Pritchard is wanted on loan by Wigan boss Uwe Rosler - Daily Mirror
Leicester City have announced they have signed defender Matthew Upson on a one-year contract along with highly-rated young striker Jack Barmby, 19 from Manchester United on a two-year contract - Leicester Mercury
Nottingham Forest are reportedly tracking Panathinaikos goalkeeper Stefanos Kapino. The 20-year-old, who has been selected in the Greece squad for the World Cup, was the subject of a bid from Napoli last season - Nottingham Post
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