While the World Cup is currently dominating attention, club managers are desperately attempting to improve their squads for the coming season.
Here, Sports Mole has rounded up the transfer gossip from around the globe.
Ashley Cole joins Roma on two-year deal
Former Chelsea defender Ashley Cole joins Italian outfit Roma on a two-year deal.
Wigan Athletic release five players
Championship side Wigan Athletic release five players, including Chilean international Jean Beausejour.
Queens Park Rangers continue Kolbeinn Sigthorsson pursuit?
Queens Park Rangers reportedly step up their pursuit of Ajax striker Kolbeinn Sigthorsson.
Report: No offers for Hatem Ben Arfa
Newcastle United reportedly receive no interest in Hatem Ben Arfa.
Agent: 'Alvaro Morata closer to Juventus'
The agent of Real Madrid forward Alvaro Morata claims that his client is now "a little bit closer to Juventus" following a meeting on Monday morning.
Arsenal enter Karl Darlow race?
Arsenal manager Arsene Wenger reportedly identifies Karl Darlow as the ideal goalkeeper to provide competition for Wojciech Szczesny next season.
Report: Everton want Demba Ba
Everton reportedly want to sign Demba Ba from Chelsea this summer.
Manchester United launch Ricardo Rodriguez bid?
Manchester United reportedly lodge a bid for Wolfsburg defender Ricardo Rodriguez.
Bayern Munich sign Juan Bernat
Bayern Munich sign 21-year-old defender Juan Bernat from Valencia on a five-year deal.
Report: Southampton want Bruno Ecuele Manga
Southampton are reportedly interested in signing Lorient centre-back Bruno Ecuele Manga.
Report: Tottenham Hotspur not in for Esteban Cambiasso
Tottenham Hotspur are reportedly unlikely to make a move for experienced Argentine midfielder Esteban Cambiasso this summer.
Report: 20 clubs interested in Adama Traore
As many as 20 European clubs are reportedly interested in signing Barcelona youngster Adama Traore.
Ipswich Town sign Jonathan Parr
Ipswich Town complete the signing of free agent Jonathan Parr.
Manchester City loan out youngster Marcos Lopes
Manchester City allow Marcos Lopes to head out of the Etihad Stadium on a season-long loan basis.
Juan Cuadrado wants Barcelona move?
Fiorentina winger Juan Cuadrado is reportedly intent on forcing a move to Barcelona this summer.
Report: Inter Milan want Memphis Depay
Inter Milan are reportedly interested in signing PSV Eindhoven attacker Memphis Depay.
Hull City announce Thomas Ince arrival
Hull City announce the signing of England Under-21 international Thomas Ince on a two-year contract.
Report: Real Madrid set Sami Khedira price at £32m
Real Madrid are reportedly unprepared to sanction the sale of Sami Khedira unless an offer of £32m is received for the German international.
Report: La Liga trio want Vicente Guaita
Getafe, Real Sociedad and Sevilla are all reportedly interested in signing Valencia stopper Vicente Guaita this summer.
Agent: Christian Stuani content at Espanyol
The agent of Christian Stuani claims that his client is happy to remain with Espanyol this summer.