Chelsea are preparing to smash the British transfer record with a £50m offer for Liverpool striker Fernando Torres.
Full story: Daily Telegraph Liverpool boss Kenny Dalglish has targeted Newcastle forward Andy Carroll as a replacement for Torres and is prepared to spend £30m to lure the 22-year-old to Anfield.
Full story: the Sun The Merseysiders will only allow Torres to join Chelsea if they can secure the services of Nicolas Anelka in return.
Full story: ESPNsoccernet As they prepare for life without Torres, Liverpool are ready to make an £18m swoop for Aston Villa's Ashley Young - as well as finalising the transfers of Ajax striker Luis Suarez and Blackpool midfielder Charlie Adam.
Full story: the Guardian Tottenham have had a £38.5m bid for Atletico Madrid forward Sergio Aguero rejected. Full story: Sky Sports Villarreal have rebuffed Tottenham's advances for former Manchester United striker Giuseppe Rossi. The north London side have had a £30m bid rejected. Full story: IMScouting Tottenham boss Harry Redknapp has also been denied in his attempts to sign Atletico Madrid striker Fernando Llorente for £33m. Full story: Goal.com Redknapp may turn his attention to £16m-rated Bayern Munich frontman Mario Gomez. Full story: Caught Offside Spurs are putting together a final-day bid to prise Everton captain Phil Neville away from Goodison Park. Full story: Daily Mail Barcelona sporting director Andoni Zubizarreta has confirmed that the Spanish champions are interested in Tottenham's left-sided player Gareth Bale. The Welsh international is also being monitored by Inter Milan and Real Madrid. Full story: IMScouting Manchester United have emerged as favourites to sign Sunderland's emerging England international Jordan Henderson.
Full story: Daily Express Chelsea are preparing to upset Liverpool further by swooping for Reds target Dimitri Payet. The 23-year-old winger plays for French side St Etienne.
Full story: Daily Mail Tottenham have set their sights on West Ham midfielder Scott Parker after striker Robbie Keane agreed a loan deal to Upton Park. Full story: Daily Mail Fulham are lining up Brazil-born striker Amauri, who plays for Juventus, in a move worth about £8.5m.
Full story: IMScouting Birmingham hope to complete a loan deal for former Newcastle striker Obafemi Martins, who is currently playing for Russian club Rubin Kazan.
Full story: the Sun Midfielder Steven Ireland, who has found himself our of favour at Aston Villa, will seal a loan move to Newcastle, with a view to completing a permanent deal in the summer.
Full story: Daily Mirror Striker Tuncay has been offered a way out of Stoke, with Wolfsburg, managed by former England boss Steve McClaren, offering £4m for his services.
Full story: the Sun Manchester City manager Roberto Mancini has admitted that an injury to winger Adam Johnson may force his hand on the final day of the transfer window.
Full story: Daily Mirror Leicester are preparing to approach Everton with a proposal to sign out-of-favour Toffees midfielder Diniyar Bilyaletdinov on loan.
Full story: the Sun Foxes boss Sven Goran Eriksson is also interested in a temporary deal for Manchester City goalkeeper Shay Given. (Daily Mirror)
Blackpool are preparing for the possibility of captain Charlie Adam heading to Liverpool by planning a bid for Sunderland midfielder Andy Reid.
Full story: the Sun Chelsea will loan striker Daniel Sturridge to Bolton for the rest of the season. (Daily Mirror)
West Brom are on the brink of agreeing a deal for Monaco's Togolese forward Serge Gakpe. (Daily Mirror)
Chelsea are taking a "huge gamble" on Fernando Torres, says former Liverpool striker Stan Collymore.
Full story: talkSPORT Former Manchester United number two Carlos Queiroz has reportedly agreed to take over as manager of Brazilian club Vasco da Gama.
Full story: Daily Mail Ars*nal's Samir Nasri is a doubt for the first leg of the Gunners' Champions League clash with Barcelona on 16 February after injurying his hamstring against Huddersfield in the FA Cup.
Full story: the SunIn what may be his final day at Liverpool's training ground Melwood ahead of a proposed move to Chelsea, striker Fernando Torres trained alone.
Full story: Daily Mirror Notts County manager Paul Ince has claimed that Manchester City counterpart Roberto Mancini rejected his invitation to share a bottle of red wine after their teams drew 1-1 in the FA Cup fourth round.
Full story: the Sun Burnley defender Clarke Carlisle says he was more nervous about appearing on the BBC's Question Time programme than marking Wayne Rooney.
Full story: Daily Mail