Everton, who allegedly tabled a £12million bid for Shaqiri last month, were thought to be in a transfer race with Schalke to land the Switzerland international, but the German outfit have ruled out the move, clearing the way for a switch to Merseyside.
Manchester United are yet to submit a bid for Pedro as Barcelona urge the winger to stay at the Camp Nou.
Long time Liverpool target M'villa has expressed his delight after joining Sunderland on a season-long loan from Russian side Rubin Kazan
Inter defender Danilo D'Ambrosio has turned down a move to West Ham. The Hammers had agreed a fee of £9m for the full-back but failed to agree personal terms with the player.
Memphis Depay has asked Louis van Gaal for the No.7 shirt at Manchester United. The Dutch star wants the shirt, worn by Angel Di Maria last season, with squad numbers to be finalised by Friday.
Aston Villa have pulled out of a move for Tottenham striker Emmanuel Adebayor. Tim Sherwood has decided to cancel the deal despite the forward having already completed a medical and discussed personal terms.
Arsenal striker Serge Gnabry will join West Brom on loan until January and an option to extend the deal until the end of the season.
Alexandre Lacazette is set to end speculation over his future by extending his Lyon contract in the coming days.
Wolfsburg are looking for some defensive options for midfield - and are interested in Bayern's Sebastian Rode who may be surplus to requirements in Bavaria after the arrival of Arturo Vidal.
Everton are in talks with Italian side Genoa over a move for French defender Sebastian De Maio. Genoa want €9 million (£6.2m) for the 28-year-old.
Manchester United striker Javier Hernandez has 24 hours to decide on an offer from MLS that would pay the Mexico international $10 million (£6.9m) per year.
Tottenham are plotting a move for QPR striker Charlie Austin with Daniel Levy prepared to offer a loan player in return for the former Burnley forward.