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.
Report: Real Madrid target Ruben Pardo
Real Madrid are reportedly interested in signing Real Sociedad midfielder Ruben Pardo.
Report: Arsenal join Alexis Sanchez race
Arsenal reportedly join the race to sign Barcelona attacker Alexis Sanchez.
Report: Jeremy Mathieu tells Valencia he wants to leave
Jeremy Mathieu reportedly informs Valencia that he wants to join Barcelona this summer.
Report: Barcelona end Eliaquim Mangala interest
Barcelona reportedly end their interest in Porto defender Eliaquim Mangala.
Ander Herrera to Manchester United 'imminent'
Manchester United are reportedly on the verge of securing the services of Athletic Bilbao midfielder Ander Herrera.
Birmingham City snap up David Cotterill from Doncaster Rovers
Birmingham City sign their eighth player of the summer by capturing David Cotterill on a free transfer from Doncaster Rovers.
Divock Origi 'dreams' of Premier League move
Lille forward Divock Origi reveals that it is his 'dream' to play in the Premier League.
Report: Haris Seferovic to leave Sociedad this summer
Real Sociedad are reportedly prepared to allow Haris Seferovic to depart the club this summer.
Jan Oblak 'unsure' of future
Benfica goalkeeper Jan Oblak reveals that he is 'unsure' where he will play his football next season.
Report: Barcelona want Toni Kroos
Barcelona are reportedly interested in signing Bayern Munich midfielder Toni Kroos.