With just over 48 hours until the transfer window closes for the summer, there has been plenty of movement and speculation this afternoon.
Sports Mole looks at the deals that have been completed today, as well as some of the latest rumours.
Saturday evening's headline:
West Ham unveil Song
West Ham United confirm the signing of Barcelona midfielder Alex Song on a season-long loan ahead of their Premier League match this afternoon.
West Brom complete Blanco capture
West Bromwich Albion announce that they have completed the signing of winger Sebastian Blanco from Metalist Kharkiv.
QPR sign Diarra
Queens Park Rangers announce that they have completed the signing of French midfielder Lassana Diarra.
Torres can't wait for "new adventure" at AC Milan
Chelsea striker Fernando Torres admits that the cannot wait to start his two-year loan spell with AC Milan.
Pearson 'excited' by Cambiasso arrival
Leicester City manager Nigel Pearson is excited by the arrival of decorated midfielder Esteban Cambiasso.
Kehl: Dortmund would welcome Kagawa
Borussia Dortmund midfielder Sebastian Kehl claims that the club would welcome Manchester United's Shinji Kagawa back to the Bundesliga side.
Inter 'reject Guarin bid'
Inter Milan have reportedly turned down a bid from Valencia for midfielder Fredy Guarin.
Falcao tweet suggests Real move is imminent
Monaco forward Radamel Falcao tweets to suggest that a move to Real Madrid is close to being completed, before removing the message.
Samperio leaves Sevill to join Mainz 05
Winger Jairo Samperio completes his move from Sevilla to Mainz 05 by signing a four-year contract with the Bundesliga side.
Enrique pleased with Douglas signing
Barcelona manager Luis Enrique reveals that he is delighted to have signed Douglas from Sao Paulo.
Espanyol confirm Lopez will join Napoli
Espnayol announce that the have reached an agreement with Napoli for the sale of David Lopez.
Hawley leaves Torquay
Torquay United striker Karl Hawley has left the club after reaching an agreement to terminate the remainder of his contract.
You can follow live coverage of all of the latest happenings with Sports Mole's transfer blog.