22.45 BST: Right folks, that's all we've got time for today but please joins us again for more conjecture and hopefully some more done deals as well on Friday.
22.05 BST The Daily Mirror reckons Chelsea boss Jose Mourinho wants to cash-in on Demba Ba as he wants a new striker, with Anzhi Makhachkala mooted as a potential destination.
21.48 BST - DONE DEAL: West Brom confirm that Nicolas Anelka has arrived on a one-year deal with the potential for a one-year extension next summer.
21.16 BST: Luis Suarez to Arsenal? That is the bold claim being made by the Daily Mail, who claim that bookies have stopped taking bets on the Uruguay striker moving south from Liverpool. Surely not?!
20.53 BST: Staying in Italy, where Roque Santa Cruz has an offer from Bologna. The striker is a free agent having left Man City but has yet to make up his mind who to join according to Bologna general director Roberto Zanzi, who told Corriere di Bologna: "The player has not decided yet. These are delicate choicesas there are different offers on the table. I've spoken with him many times in the last few hours. Let's wait and see whether he will decide to accept our offer or not."
20.28 BST: AC Milan vice president Adriano Galliani plays the cryptic card when asked by Sky Sport about a potential move for CSKA Moscow playmaker Keisuke Honda: "At the moment, [Honda] is a CSKA Moscow player," he told Sky Sport, "but who can predict what will happen in the future."
Honda has been linked with a €2.5 million move to the Rossoneri.
20.06 BST: FULL STORY on Thiago Silva's comments about being happy at PSG despite the carrot of a "dream" move to Barca potentially hanging in front of him.
19.35 BST - DONE DEAL: Villarreal are back in La Liga this season following promotion and are looking to shore up their squad for 2013-14. Hopefully for fans of the Yellow Submarine will be boosted by the arrival of Slovenia left-back Bojan Jokic, who has signed a four-year contract after leaving Chievo on July 1.
19.16 BST: Not conventional transfer news perhaps, but Phil Neville has today returned to Man Utd as a coach, with Ryan Giggs joining him on David Moyes' new coaching team.
18.50 BST: Thiago Silva speaks to Brazilian newspaper Globesporte about Barcelona conjecture: "Last year, there was speculation and talks with Barcelona which came to nothing. This year, there's been nothing, I'm very calm in my head regarding transfers. To play for Barcelona is a dream for all players, but I'm happy at PSG for the moment. My wish has always been to play in Europe and at a big club."
18.34 BST: Some more light reading for you - this is ESPN's John Brewin's take on the summer transfer window and why it is always best to get your business done early.
18.08 BST: Did you read about Dortmund's latest signing and ask the question Pierre-Emerick who? Here's all you need to know about the Champions League finalists' new speedy striker, courtesy of James Horncastle.
17.56 BST - DONE DEAL: Newcastle United have snapped up one for the future and we'll give you one guess which country he's from. Got it in one - France Under-17 international Olivier Kemen joins Les Magpies from Metz.
17.30 BST: Mauricio Pochettino has been outlining Saints' impressive-sounding summer transfer wishlist, which includes Internacional striker Damiao, Celtic midfielder Victor Wanyama and Valencia's Ever Banega: "We manage a lot of information about very good players. One of them is Damiao, also Banega and also Wanyama."
17.01 BST: It seems like Nicolas Anelka's move to West Brom is edging closer if this tweet from Baggies midfielder Youssouf Mulumbu is anything to go by.
Looooool welcome Mr Anelka in west brom and all the best ... pic.twitter.com/9dyae205ok— Youssouf Mulumbu (@mulumbuofficial) July 4, 2013
16.49 BST: Here's what Dortmund sporting director Michael Zorc has to say about the deal: "We are very happy that we could sign our desired player in Pierre-Emerick Aubameyang. He can play various positions in offence, has enormous speed in his actions and is very dangerous in front of the goal."
16.33 BST - DONE DEAL - Borussia Dortmund have signed Pierre-Emerick Aubameyang (24) from St Etienne with immediate effect until 30 June 2018. Bye bye Lewandowski then? FULL STORY
16.17 BST: Wigan have signed goalkeeper Scott Carson from Turkish club Bursaspor, with the 27-year-old telling the club’s official website: “I’m over the moon to join the club. Now the focus is to get my head down and start working hard in time for the new season.”
16.07 BST: Southampton boss Mauricio Pochettino has said there wouldn’t be room at the club for all the players they have been linked with in the media over the summer. Speaking to Southampton’s official website, he said: “In the press, there are a lot of rumours about top-class players being linked with Southampton. That shows we’re a serious and ambitious club.”
16.02 BST: Derby boss Nigel Clough has said he would like to bring in former Watford midfielder John Eustace, who is training with the Rams, on a permanent deal. He told BBC Radio Derby: "He's the sort of character we would like around if possible. He will do two weeks with us. We hope to sit down with him next week, depending on how it goes.”
15.30 BST - DONE DEAL: Norwich have signed Birmingham City winger Nathan Redmond on a four-year deal. The England Under-21 international moves to Carrow Road for an undisclosed fee, but earlier reports had suggested the deal would cost in the region of £2.5 million.
15.24 BST: More from Crystal Palace, where FK Haugesund defender Umaru Bangura could be coming in through the Selhurst Park doors. The 25-year-old had a brief spell at Watford, who released him in 2008.
15.12 BST: Norwich City will announce their third signing of the summer at 15.30 BST. Stand by, people. Stand by.
15.04 BST - DONE DEALS: Oxford United have signed defender Tom Newey from Scunthorpe on a free, while Asa Hall has joined them from Shrewsbury on loan.
15.00 BST: Gonzalo Higuain is reportedly close to finalising a move to Arsenal from Real Madrid for £23 million after Real gave him permission to talk to the Gunners. His father Jorge, who is also his agent, said: "We managed to get permission from Real Madrid to negotiate face-to-face with Arsenal. Fortunately, I will soon be able to watch my son play in the Premier League."
14.37 BST:Dundee United are hoping to wrap up the signings of ex-Spurs trainees Calum Butcher and Kudus Oyenuga, a defender and a striker respectively, who have ben on trial after spending a season at non-league Hayes & Yeading.
14.07 BST - DONE DEAL:More from the north-east: Newcastle have signed midfielder Olivier Kemen, a France Under-17 international, from Metz.
14.01 BST:Benjamin Mendy has completed his medical at Sunderland prior to a proposed move, and it has been confirmed that the Black Cats and Panathinaikos have agreed a fee with highly-rated Greek teenager Charis Mavrias, thought to be in the region of £2.5 million, with a further £850,000 in potential add-ons.
13.54 BST: Napoli are still in negotiations with Real Madrid for Jose Callejon, Sky Italia reports.
13.50 BST: Not content with signing one new striker this week, Crystal Palace could make it two: the Croydon Advertiser says the Eagles are in talks with former West Ham man Carlton Cole. Palace manager Ian Holloway brought Dwight Gayle from Peterborough to Selhurst Park yesterday.
13.30 BST - DONE DEAL: Nottingham Forest striker David McGoldrick has gone to Ipswich Town, where he has been on loan since January, on a free transfer. McGoldrick, 25, has signed a contract until 2015.
13.12 BST: The Birmingham Mail is reporting that West Bromwich Albion are closing in on a move for Nicolas Anelka, who worked with head coach Steve Clarke at Chelsea. The paper says the much-travelled 34-year-old is due to hold talks with the Baggies - and may also undergo a medical - later today.
12.44 BST - DONE DEALS: And hot on its heels, another two deals: one-time Manchester United winger Lee Martin, who has also played for Rangers, Stoke and Ipswich, has moved to Championship Millwall on a free, while QPR striker DJ Campbell joins Blackburn on the same basis.
12.41 BST - DONE DEAL: Wolves, and new manager Kenny Jackett, didn’t hang about there: they have completed a deal (mooted earlier today) to bring in former Bolton defender Sam Ricketts on a free transfer.
12.12 BST: More on Kone – Dave Whelan said three clubs had made offers for him, and it would seem that one of those is Newcastle. The Magpies have been given permission to speak to the Wigan striker, the Press Association is reporting.
12.03 BST: Peru striker Claudio Pizarro has agreed a one-year contract extension with Bayern Munich until the end of next season, and said: "I can't say what might happen a year from now. But I'm feeling good, and I want to play football for as long as possible."
12.01 BST: Besiktas director Ahmet Piper says the Turkish club have made a bid for Tottenham striker Emmanuel Adebayor. Adebayor scored five goals in 25 appearances last season – but Piper told Fanatik a deal was a long way from being done.
"It is certainly true that we are looking at the idea of a transfer. We have made a serious bid for Adebayor,” he said. "That, in turn, has given us a figure for the player, which is slightly above the amount that we imagined. However, making a signing as big as this immediately is nothing but a dream.”
11.48 BST: Atletico Mineiro striker Jo has told A Bola he is unaware of any interest from Porto. "I am only thinking of Atletico Mineiro," the former Manchester City striker said.
11.45 BST: More from Blackburn – their former midfielder Alex Marrow could be set to re-join them on a free transfer after his Crystal Palace contract came to an end.
11.38 BST: Benfica striker Oscar Cardozo's agent, Pedro Aldave, has taken to Twitter to deny quotes attributed to him suggesting a move to Fenerbahce was imminent. "The news is false," he wrote. "Only SLB [Benfica] and LFV [club president Luis Felipe Vieira] can talk about this."
11.33 BST: Manchester City defender Maicon will be allowed to move on if an acceptable offer is received, the Manchester Evening News has reported. The right-back made only 11 appearances in a campaign blighted by injury problems, and is interesting Roma.
11.31 BST: Roberto Martinez is adamant that Arouna Kone’s age will not prevent him from being an Everton success if a deal goes through.
The Wigan striker turns 30 in November, and his signing would appear to go against a Goodison Park transfer policy that is more focused on bringing in young players with a high potential sell-on value. But new Everton manager Martinez, who brought Kone to Wigan from Levante for £4 million last summer, has no concerns about taking him to Merseyside and told the Liverpool Echo the Ivory Coast forward is “at the peak of his career”.
11.04 BST: Leeds manager Brian McDermott has denied reports that newly-promoted Crystal Palace have made a £3 million bid for defender Sam Byram – adding that that would not be enough to prise the teenager from Elland Road in any case. "I'm sure Ian [Holloway] wouldn't be making a bid of £3 million for Sam," he told the Yorkshire Evening Post. "That wouldn't be the case, and it certainly hasn't happened."
10.57 BST: Sam Ricketts has left Bolton Wanderers after his contract was cancelled by mutual consent, and the 31-year-old now appears likely to move to League One Wolves.
10.50 BST: Southampton striker Rickie Lambert, last season’s answer to Grant Holt the season before, hopes Southampton will bring in some more new faces as they look to build on last season’s solid Premier League return. He told the club’s official website: "We're more than confident in the team we've got, now but hopefully the gaffer is going to bring in a few to improve us as well. It's ideal to get people in at this stage. As a player, you can't underestimate how important that is.”
10.40 BST: Championship Blackburn are close to striking a deal with central defender Matt Kilgallon, a free agent after leaving Sunderland at the end of last season.
10.30 BST: Djibril Cisse, a free agent after leaving QPR by mutual consent at the end of last season, has moved a long way away from Shepherd’s Bush, joining Russian side Kuban Krasnodar on a one-year contract with an option to extend.
10.00 BST: Hull boss Steve Bruce’s search for more firepower could be boosted – or not – within the next 48 hours, the Hull Daily Mail reports. That’s because they have given Burnley what is described as a “final, take it or leave it” offer for prolific striker Charlie Austin.
09.41 BST: Spanish newspaper Sport has reported that striker Javier Saviola, a free agent after leaving Malaga, is interesting West Ham and Cardiff.
09.39 BST: Veteran striker Kevin Phillips will stay at newly-promoted Crystal Palace, according to Eagles boss Ian Holloway. Phillips, who scored the penalty that beat Watford in the play-off final to earn promotion, had said he was considering other offers, with one “particularly tempting”. But Holloway told the South London Press: "Kev's coming back in for training - he'll take about five minutes to sort out, I believe."
09.36 BST: Sevilla striker Alvaro Negredo seems set for a move to Manchester City, despite recent reports suggesting that he would become an Atletico Madrid player by the end of the week.
Speaking at the presentation of new signing Victor Marchin, Sevilla president Jose Maria del Nido said he had run out of patience with the Madrid club over their failure to agree a fee, adding: “Right now, there is a 0% chance that Negredo will sign for Atletico.”
09.16 BST: Gonzalo Higuain's father has been quoted by TuttoMercatoWeb as saying that negotiations between Real Madrid and Arsenal are at an "advanced stage".
09.14 BST: Paul Lambert has made a whole bundle of signings for Aston Villa so far this summer, and the window’s only been open for a few days. The Birmingham Mail reports that the acquisitive Lambert could be adding yet another player – Nuremberg’s Japan international midfielder Hiroshi Kiyotake – to his squad. The player is thought to be valued at around €7 million.
09.10 BST: Huddersfield manager Mark Robins is in no doubt that he has made an excellent signing in snapping up James Vaughan – who spent last season on loan with the club – from Norwich for an undisclosed fee. “James’s arrival is a significant signing for the club,” he said. “I’m delighted that we have secured his services.”
09.09 BST: Eintracht Frankfurt chief executive Heribert Bruchhagen has poured a bit of cold water on rumours that Nicklas Bendtner could be on his way to the club, saying: “We know all the stories about Bendtner, we know all the pros and cons – but it is doubtful that we can pay Bendtner’s wages. We can’t offer him more than our other top earners.”
08.58 BST: Borussia Monchengladbach goalkeeper Marc-Andre Ter Stegen, linked with Barcelona, has said it is “amusing to read all the stories about where I have signed already” and adds: “Those journalists seem to know more than me. I am at Gladbach and look forward to the upcoming season – but you never know what will happen in the next few years.”
08.50 BST: Reported Real Madrid target Ilkay Gundogan is in talks to renew his contract at Borussia Dortmund, according to reports in Germany. His father and agent, Irfan, is quoted as saying: “I would like him to stay at Dortmund. It is a little too soon for a move to England or Spain.”
08.45 BST: Paulinho has outlined his ambition to be Tottenham Hotspur's version of Chelsea's goalscoring midfielder Frank Lampard. The Brazil international is expected to complete a £17 million move to Spurs from Corinthians soon as Andre Villas-Boas looks to bolster his midfield.
08.40 BST: And a few other snippets from Italy: Napoli will use the Edinson Cavani cash (assuming they sell him to PSG, of course) to get Nicolas N'Koulou and Andre Ayew from Marseille, Le Phoceen reports; Hoffenheim are said to be interested in Bordeaux forward Anthony Modeste; L'Equipe says Sunderland target Benjamin Mendy would rather stay in France, and Rennes centre-back Jean-Armel Kana-Biyik has told RMC he would "prefer a move to England" if he leaves the Breton club.
08.30 BST: Reports suggest that the mooted transfer of Bayern Munich striker Mario Gomez to Fiorentina could yet hit a snag, with Bayern chairman Karl-Heinz Rummenigge concerned that the Serie A club are struggling to match the asking price.
08.15 BST: Jose Mourinho’s moving in the market: Chelsea have announced that a fee has been agreed for the signing of Vitesse Arnhem midfielder Marco van Ginkel.
Netherlands Under-21 international Van Ginkel, 20, is reported to have held talks with Mourinho this week, and is now set to complete a transfer reported to be worth around £8 million. A statement on the club’s official website read: “Chelsea Football Club and Vitesse Arnhem have reached an agreement for the transfer of Marco van Ginkel. The player will join Chelsea subject to a medical, agreement of personal terms and legal documentation.”
07.53 BST: Manchester United will seek a formal transfer request from Wayne Rooney if the striker wants to press ahead with an exit, according to the Times and the Guardian. FULL STORY.
07.26 BST: It is understood via a club source that Manchester United made contact with Borussia Dortmund about Robert Lewandowski again this week. Watch this space.
06.59 BST: Queens Park Rangers are in the hunt for midfielder Scott Parker, who has been told he can leave Tottenham, according to the Guardian. With Paulinho's arrival at White Hart Lane seemingly imminent, it appears there is no place for Parker in AVB's plans, with a £2 million transfer fee sought.
06:02 BST:Paris Saint-Germain manager Laurent Blanc believes Newcastle United’s Yohan Cabaye could strengthen the Ligue 1 champions. Blanc said: "Yohan offers many things in midfield and can play in quite a few positions."
05:21 BST:Brazil striker Hulk has spoken about rumours suggesting he could leave Zenit St Petersburg this summer, saying he’s happy if he stays and happy if he goes. "If I am to move, it has to be to a better place, with a better team in a better competition," he told TV Paraiba. "I will be happy, too, if I stay. Zenit are a great club."
04:35 BST: Hamburg sporting director Oliver Kreuzer has confirmed that free agent Roque Santa Cruz will not be joining them next season.
03:42 BST: Napoli are denying that Paris Saint-Germain have made an offer for Edinson Cavani. Reports suggested the French champions were willing to meet the player's €63 million release clause, but Napoli president Aurelio De Laurentiis dismissed the rumours and said he was confident that the club did not have to sell their best players.
02:58 BST: Arsenal striker Nicklas Bendtner is strongly tipped to join German club Eintracht Frankfurt. The two clubs have reportedly met, Bendtner was seen at Frankfurt Airport and coach Armin Veh believes the Danish international is an “interesting” prospect.
Rejoice, Spurs fans! Real Madrid have pulled the plug on their attempts to sign Welsh wizard Gareth Bale. According to the Sun and the Mirror, Madrid officials conceded defeat after Spurs continually rebuffed their advances.
Tottenham were steadfast in refusing to let their biggest star leave White NHart Lane, no matter what the offer. According to reports, Madrid were willing to part with something around £80 million (the same amount they paid Manchester United for Cristiano Ronaldo). But Madrid have told Spurs they will be back in 12 months time.
Meanwhile, Manchester City manager Manuel Pellegrini has set his sights on Spain striker Alvaro Negredo as a ready-made replacement for the departed Carlos Tevez. Italian champions Juventus completed the capture of Tevez on a three-year deal last week, and Pellegrini has wasted little time in sizing up Sevilla’s Negredo, with the Mail suggesting it would take at least £18 million to sign the 27-year-old.
Across the city, it looks as though Manchester United winger Nani could have played his last game for the Red Devils, with the Mail reporting that Roma have joined the race for the 26-year-old. Galatasaray and Monaco have already shown an interest in the Portugal international, but United’s asking price, said to be in the region of £12 million, has tempted the Serie A club to join the hunt.