Manchester United have entered the race to sign Fiorentina winger Juan Cuadrado.
According to talkSPORT, Red Devils boss Louis van Gaal is a big admirer of the Colombian international and is willing to offer the Viola Adnan Januzaj in order to secure the 26-year-old's services.
Arsenal have completed the signing of Villarreal defender Gabriel Paulista.
Paulista, 24, has signed a long-term contract at the Emirates.
Atletico Madrid midfielder Koke has ruled joining Liverpool.
In a recent interview, he said: "I see life in red and white.
"I am happy here, the club is growing and I grow with it. I don't see the time or the place to leave here."
The Guardian claim Crystal Palace are closing in the signing of Wilfried Zaha - two years after they sold him to Manchester United.
Palace intend to pay £3m for the winger, who is on a season-long loan at Selhurst Park.
They could then have to stump up a further £3m in add-ons. Zaha cost United £15m.
Mikel Arteta has signed a new one-year deal at Arsenal, according to the Evening Standard.
His agent Inaki Ibanez told footmercato.net: “Mikel is no longer free next June, because he now has an extra year on his contract.”
Arsene Wenger is lining up a sensational bid to bring Luis Suarez back to the Premier League.