We'll be keeping you as up-to-date as possible on the latest transfer talk in On The Move. You can catch the morning newspaper gossip in Paper Round, read up on all the Latest Transfers and then follow the developing stories in our constantly updated transfer blog here:
23.59: Not a very bust night, perhaps it will be a little more exciting tomorrow? Good bye.
23.01: Parma have signed Christian Panucci following his release by Roma.
22.23: Luis Fabiano's agent has hit out at Sevilla blocking a proposed move to AC Milan.
22.11: Luis Figo has scoffed at suggestions he could get his boots out again and join Mallorca or Tottenham.
22.05: Major League Soccer commissioner Don Garber will not allow David Beckham to leave the Los Angeles Galaxy until November at the earliest.
21.32: Wesley Sneijder, out in the cold in the revolution at Real Madrid, would be interested in a move to Inter Milan.
20.55: It's a very quiet Thursday in transfer world.
19.51: Matteo Brighi's agent has insisted the player will not be leaving AS Roma this summer.
18.44: Malaga have signed Albert Luque and Jordi Pablo. Luque moves from Ajax and Pablo from Villarreal.
18.01: Fiorentina sporting director Pantaleo Corvino has told Gazzetta dello Sport that the club will be signing more players in a bid to make the Champions League places.
17.44: L'Equipe has claimed that Real Madrid had an €80m bid for Bayern Munich's Franck Ribery rejected two weeks ago.
17.06: Stern John has agreed to pen a one-year deal with Crystal Palace after turning down a new contract with Southampton.
16.25: Manchester City striker Valeri Bojinov is back in Serie A after joining newly-promoted Parma on loan, and he has been presented to the media this afternoon.
16.04: Freddy Adu has returned to Benfica after spending one season on loan at Monaco, where he was given just a peripheral role, and claimed he wants to make a real impact at the Portuguese side.
15.21: Luis Fabiano's agent admits he has all but given up on securing the Sevilla striker a move to AC Milan. ''If Milan have described the deal as blocked, I now have to think it's the end, which is the truth,'' Jose Fuentes told Calciomercato.it.
15.05: Marseille look set to continue their spending spree as French sports paper L’Equipe report that Gabriel Heinze will finalise a move from Real Madrid soon.
14.34: Another one now. Kaka has claimed his move to Real Madrid from AC Milan was decided on as early as January. He did pretty well to keep that quiet!
14.15: Milan are reportedly interested in Real Madrid midfielder Wesley Sneijder as an alternative to Andrea Pirlo, should the Italian choose to move to Chelsea.
13.55: New Manchester City signing Kolo Toure has revealed his move from Arsenal to Eastlands has been on the cards for six months. Nice of him to let us know!
13.15: Martin Caceres has expressed his delight after all but sealing a dream loan move to Juventus from Barcelona. Juve will have to shell out a reported 12m euros if they want to sign the 22-year-old on a permanent basis next summer.
13.02: Portsmouth are close to bringing in former Newcastle United striker Mark Viduka. The Portsmouth News claims that the South Coast club are closing in on the thirty-three-year-old, who is available on a free.
12.35: Middlesbrough's Tuncay is wanted by Bundesliga outfit Stuttgart and manager Gareth Southgate doesn't look like he'll stand in the Turk's way.
12.17: Marcus Tudgay has ended speculation about a move to Burnley by signing a new four-year contract at Sheffield Wednesday, making one Soccernet journalist a very happy man.
11.55: Arsene Wenger insists his squad are "strong enough" to cope with a busy domestic and European campaign after Kolo Toure became the latest player to leave the club. Oh dear.
11.47: Harry Redknapp is still keen to bring Klaas-Jan Huntelaar to Tottenham, despite already having four strikers - and Darren Bent. Robbie Keane will be so happy...
11.18: Middlesbrough's Robert Huth is heading for the exit door and a move to Fulham on the cards, as they look to strengthen.
11.03: Belarus midfielder Alexander Hleb will spend next season on loan at Stuttgart from Barcelona, the European champions have confirmed.
10.53: Liverpool midfielder Xabi Alonso has reportedly handed in a transfer request at Anfield to ensure he gets his move to Real Madrid this summer.
10.43: Charlton boss Phil Parkinson has confirmed his interest in signing Christian Dailly. The former Scotland defender has been on trial with the League One club after being released by Rangers.
10.19: Former Newcastle midfielder Hugo Viana is reportedly closing in on a loan move to Sporting de Braga, as he can't claim a place in the Valencia side.
10.01: Lyon coach Claude Puel has confirmed the imminent transfer of striker Bafetimbi Gomis will wrap up the club's close-season shopping spree, after splashing close to 70m euros this summer.
09.47: AC Milan are ready to restart negotiations for Sevilla striker Luis Fabiano following their fourth straight defeat. The Rossoneri have not been in great form on the pitch, but could be set for another defeat if they don't stump up the 20m euros that the Spanish club wants.
09.21: Martin O'Neill thinks the club need to strengthen, and quite a lot by the sound of it. “I think we would be looking at in the region of five players to help give us a chance. Personally, I think we can do it," O'Neill said, according to The Daily Star.
09.01: West Ham United manager Gianfranco Zola continues to track Inter striker Mario Balotelli. "I have done everything I can to sign Mario," said Zola. "It would be in both our interests if he came to West Ham.
08.47: Gary Megson has said that Bolton Wanderers do not have the resources to make a renewed bid to sign Sporting Lisbon ace Miguel Veloso. A bid of around £12m is believed to be enough to lure him away.
08.24: Wolfsburg have reportedly made a deal for Obafemi Martins, in the region of £9m. Wow, some actual movement at Newcastle!
08.21: Elano has joined Galatasaray for a fee of around £8m - not that the club are that bothered about getting any money for him - and his exit will free up some space in the City midfield.
08.00: Morning, and we start off with some sensational news. Patrick Vieira could be set to return to Arsenal on a pay-as-you-play deal. Not quite sure what to make of it, but the Gunners certainly need a defensive midfielder before the season starts.