Liverpool have told Chelsea Torres is not for sale after rejecting a £35 million offer sanctioned by Roman Abramovich.
Blackburn boss Steve Kean is pushing through a £3million swoop for Argentinian star Mauro Formica despite a snag with his Italian passport.
West Ham have rejected Tottenham’s offer of Robbie Keane plus £2m in return for midfielder Scott Parker, but negotiations are set to continue.
Tottenham are ready to make a second bid to snatch Everton skipper Phil Neville before Monday’s transfer deadline.
Spurs manager Harry Redknapp will allow Jonathan Woodgate to join injury-striken Wolves on loan until the end of thes season.
Days after inspiring Birmingham City to a place in the Carling Cup final, striker Nikola Zigic could be about to go on loan to Racing Santander.
Meanwhile, Birmingham are making a £2.5m bid for Aston Villa central defender Curtis Davies after ruling out offloading winger Sebastian Larsson in a player-plus cash swap deal.
Birmingham boss Alex McLeish wants the club to sanction a loan move for Wolfsburg striker Obafemi Martins as a reward for reaching the Carling Cup final.
Sunderland have turned their attention to Wigan striker Hugo Rodallega as they look to replace Darren Bent.
The Black Cats are on the verge of signing Stephane Sessegnon from Paris Saint-Germain and Sulley Muntari from Inter Milan.
Fulham are looking to buy Spurs midfielder Nico Kranjcar after a deal to buy winger Shaun Wright-Phillips from Manchester City falls through.
Brazilian forward Lucas Piazon has turned down a move to Chelsea in favour of Juventus.
Blackburn are ready to launch an £8m bid for West Brom midfielder Graham Dorrans.
Manchester United are lining up a £20m bid for Liverpool goalkeeper Pepe Reina, as a replacement for Edwin van der Sar (pictured), who will retire at the end of the season.
United could be looking to Lyon’s French international goalkeeper Hugo Lloris as a long-term successor to Van der Sar.
United are stepping up their efforts to sign Atletico Madrid keeper David De Gea after identifying the 20-year-old as the most promising young stopper in the game.
De Gea, Netherlands’ Maarten Stekelenburg and Germany stopper Manuel Neuer make up United’s three-man shortlist.
Ipswich boss Paul Jewell is ready to sign Swindon’s prolific striker Charlie Austin in a £1.2million deal
Blackpool chairman Karl Oyston has told the Premier League: “Maybe you should pick our team,” after the club are fined £25,000 for fielding a weakened side.
Liverpool captain Steven Gerrard says Kenny Dalglish has got the Reds winning again by putting a smile back on the players’ faces.
Former Fulham boss Chris Coleman believes the return to action of striker Bobby Zamora and forward Moussa Dembele can lift the club up the table.
Midfielder Jack Wilshere was last night told he represents “the future” of England as manager Fabio Capello revealed his new tactical masterplan is based on the Arsenal teenager.
Capello has admitted he made an error by leaving Arsenal winger Theo Walcott out of his World Cup squad.
Capello is monitoring the progress of young right-backs Martin Kelly and Kyle Walker ahead of next month’s friendly with Denmark.
Qatar-based Arab TV station Al Jazeera want to snap up former Sky Sports football presenters Richard Keys and Andy Gray.
For full stories, head over to the BBC website.