Liverpool midfielder Joe Cole has joined French side Lille on a season-long loan.

Chelsea have agreed a £20m deal to sign Porto wing-back Alvaro Pereira.

Tottenham Hotspur have completed the signing of long-term target Scott Parker from West Ham United.

Liverpool are preparing a last ditch £15m offer for Manchester City winger Adam Johnson in a deal that is likely to be accepted by Roberto Mancini.

Arsenal are preparing to break their transfer record with a £25m bid for French international Yann M’Vila, the 21-year-old Rennes holding midfielder.

Fulham have agreed a £10.6m fee with FC Twente for Bryan Ruiz and signed up Marseille striker Andre Pierre Gignac on a season loan.

Reds boss Kenny Dalglish could be prepared to negotiate a swap deal with Chelsea for midfielder Raul Meireles, but only if striker Daniel Sturridge and not former player Yossi Benayoun is the player to move to Anfield.