Liverpool are reportedly on the lookout for a new forward, and have plenty of money in the bank following the sale of Raheem Sterling to Manchester City.
However, according to a report in one of today’s newspapers, they could be set for disappointment, with one of their main targets set to move elsewhere.
That is just one of the stories to have made the headlines, with Chelsea, Manchester United and West Ham United among the other clubs to feature.
Liverpool have suffered a transfer blow, with top target Marco Reus set to join Real Madrid from Borussia Dortmund. (Liverpool Echo)
Man United have had a record bid turned down by Bayern Munich for Thomas Muller. (Sport1)
However, the Red Devils have denied they made an offer of almost £70million for Muller. (Daily Mirror)
Chelsea are set to increase their offer for Everton defender John Stones to £26million. (Daily Mail)
However, the Toffees are expected to demand more than £30million for the England international. (The Guardian)
Aston Villa want Tottenham Hotspur striker Emmanuel Adebayor to replace Liverpool-bound Christian Benteke. (Daily Telegraph)
Man United are targeting Argentine goalkeeper Sergio Romero as a replacement for the departing Victor Valdes. (Manchester Evening News)
Chelsea are attempting to complete a £14million deal for Augsburg left-back Abdul Baba Rahman. (London Evening Standard)
Patrick Bamford is set to join Crystal Palace on a season-long loan from Chelsea. (The Sun)
West Ham are set to return with an improved bid for Everton forward Kevin Mirallas after having a £6million bid turned down. (Daily Telegraph)
Norwich City are lining up a move for Liverpool striker Rickie Lambert. (Daily Mirror)
Mathieu Flamini is expected to leave Arsenal to join Galatasaray for £2.8million. (London Evening Standard)
Meanwhile, Newcastle United are expected to complete the signing of Anderlecht striker Aleksandar Mitrovic today, but it is relatively quiet on the transfer front at Sunderland.