THE teams making the news today are:
Arsenal are set to re-sign England international defender Matthew Upson from West Ham, which could see the Hammers move for Newcastle centre-back Sol Campbell.
Manchester City manager Roberto Mancini has admitted Tottenham winger Gareth Bale will be his top transfer target in the summer.
Spanish giants Real Madrid are ready to end Emmanuel Adebayor's Manchester City nightmare by signing the striker on loan with a view to a permanent move in the summer.
Arsenal's Spanish keeper Manuel Almunia and Russian forward Andrey Arshavin could both be about to leave the north London club.
Manchester United boss Sir Alex Ferguson is hoping to secure a long-term target - Lyon playmaker and France international Yoann Gourcuff this summer.
Liverpool manager Kenny Dalglish is set to make an offer for Blackpool captain and midfielder Charlie Adam who again impressed as the Tangerines beat his side on Wednesday.
FK Partizan midfielder Radosav Petrovic is attracting the interest of both Manchester United and Tottenham.
Holland international Ricky van Wolfswinkel's move to the Premier League will be delayed until the summer to allow the Utrecht forward time to recover from a collarbone injury.
Chelsea and Liverpool's hopes of signing Roma defender Philippe Mexes have been hit by an injury crisis at AC Milan, the Serie A leaders now favourites to sign the 28-year-old French international.
Stoke City are lining up a 2m bid for Aston Villa defender Curtis Davies.
Cardiff are considering a move to bring back West Ham defender Danny Gabbidon who has failed to agree a new contract with the Premier League club and will be free in the summer.
Manchester City striker Roque Santa Cruz is set to leave Eastlands and rejoin Blackburn Rovers.
Blackpool are keen to sign Arsenal midfielder Aaron Ramsey on loan.
Peterborough chairman Darragh MacAnthony has hit out at Aston Villa's bid for goalkeeper Joe Lewis, saying he is going nowhere unless they offer a much bigger fee.
QPR want Blackburn's Jason Roberts to replace striker Jamie Mackie, who broke his leg at the weekend (Daily Express).
Nottingham Forest defender Kelvin Wilson says he wants to move to Celtic as soon as possible despite having signed a pre-contract agreement to join them in the summer.