Sir Alex Ferguson will make his first major summer signing this week, paying �8m for Chelsea's Eidur Gudjohnsen. (Mail on Sunday)

Martin Jol has made a �7m bid to bring St Etienne star Didier Zakora to Spurs (News of the World).

Blackburn boss Mark Hughes is hoping to sign former England striker Emile Heskey to boost his club's Uefa Cup campaign. (Sunday Express)

Rovers are also keen to sign former Tottenham striker Mido (NoW).

Liverpool are preparing a cut-price �3.8m bid for Fulham's Steed Malbranque (NoW).

John Terry is set for a staggering �40,000-a-week pay rise with a new contract that will keep him at Chelsea for the next five years. (Sunday Mirror)

David Thompson, released by Wigan, hopes to secure a dream move to Everton this summer. (Star on Sunday)

Mark Hughes has targeted former Spurs striker Mido as the man to partner Craig Bellamy. (NoW)

Liverpool are thinking about a move for Chelsea winger Damien Duff. (Star)

Arsenal and Tottenham are in the hunt for �4m Italian international Aimo Diana. (Mirror)

Arsene Wenger will move for Juventus left-back Giorgio Chiellini if he loses Ashley Cole in the summer. (Star)

Andriy Shevchencko is set for a �1.5m bonus on top of his big-money move to Chelsea. (NoW)

Fulham boss Chris Coleman is attempting to sign Lyon striker Sydney Govou. (Star)

Coleman is also poised to sign Portsmouth target Souleymane Diawara in a �3m deal from Sochaux (NoW).

Watford boss Aidy Boothroyd is ready to make Tottenham defender Calum Davenport his first summer signing. (Mirror)

Bolton boss Sam Allardyce is bidding to get Nicolas Anelka in on loan. (NoW)

Arsenal are threatening to take legal action against Ashley Cole over the defender's forthcoming controversial autobiography. (Mirror)

Darren Bent has been offered a new contract at Charlton that will keep him at the club until 2010. (Mirror)

West Ham are set to sign Charlton skipper Luke Young this week in a �3.6m deal (NoW).

Portsmouth boss Harry Redknapp is set to spend �10m this week on Olivier Thomert and Gareth Barry (NoW).