Here are the pick of the transfer rumours from Arsenal, Chelsea, Liverpool and Manchester United.
Widespread reports have touted Chelsea to make a third bid for Tottenham's Luka Modric, believed to be around the region of £30 million.
Liverpool will be hopeful of doing away with their problem area at left-back after agreeing a fee with Newcastle United for the much-touted Jose Enrique.
Arsenal have been handed a tough route into the UEFA Champions League group stages after they drew Italian side Udinese in the qualifying play-offs.
The Cesc Fabregas saga will continue to rumble on as Arsenal, according to widespread reports, have rejected yet another bid from Barcelona as it fell short of their valuation of the player.
Fans and teammates flocked to the hospital in Matsumoto, a town about 110 miles northwest of Tokyo, to pay tribute to the fallen star.
Reports have emerged of a possible Chelsea bid for AC Milan's Brazilian star Alexandre Pato in a player-plus-cash deal.
Manchester United have, reportedly, made a formal offer for Wesley Sneijder and the Dutchman has one week to decide whether he wants to take a massive pay-cut and move to Old Trafford.
Arsenal will soon receive a second offer from Barcelona for Cesc Fabregas, as the Catalans prepare a bid around the region of £35 million, including £5 million as add-ons.
Joey Barton's outspokenness on Twitter has resulted in Newcastle United placing the midfielder on a free transfer with Manchester United one of the clubs reportedly attempting to lure him.
Latest news on Chelsea's summer pursuits as well as possible departures from Stamford Bridge.
After his team's woeful defensive display in pre-season, Liverpool manager Kenny Dalglish is looking to beef up his options at the back and is reportedly considering a bid for Stoke City skipper Ryan Shawcross.
Manchester United could yet see the arrival of Inter Milan midfielder Wesley Sneijder after the Dutchman admitted that there remains a possibility of a move.
Having lost out on Javier Pastore to Paris Saint Germain, Chelsea are now rumoured to be considering a fresh bid for Tottenham's Croatian midfielder Luka Modric as well as Real Madrid star Kaka.
Arsenal had the misfortune of being booed by their own supporters even before the beginning of the season, as an own goal cost them a win against New York Red Bulls in the Emirates Cup.
Manchester United got a small measure of revenge against Barcelona with a 2-1 win over the Catalans in a pre-season friendly at the FedEx field in Washington.
The United States has hired Jurgen Klinsmann as its next national team coach, according to a report.
Here are the pick of the transfer rumours of the day from Arsenal, Chelsea and Manchester United.
The on-off manner of Manchester United's pursuit of Wesley Sneijder continues, with latest reports stating that the frustrated English side will look elsewhere for a Paul Scholes' replacement.
FIFA 12 will include an enhanced Player Impact Engine, Tactical Defending and Precision dribbling.
Chelsea face fellow Premier League side Aston Villa in the Barclays Asia Cup final on Saturday, but by then, they'll know whether they have been successful in their pursuit of Palermo star Javier Pastore.
Contrasting reports have emerged on Arsenal's pursuit of Valencia star Juan Mata.