Liverpool appears to have finally landed Charlie Adam.
After a long chase that spans back to the winter transfer window, Liverpool and Blackpool have agreed on a transfer fee for the Scottish international, who was a consistent performer in the Premier League last season and whose set-piece potency was among the best in the league.
Adam still needs to pass a physical and agree to terms with Liverpool, but all signs point to him swapping out tangerine for red in the locker room for the upcoming season.
Liverpool was denied another midfield transfer, though, as Aston Villa has reportedly rejected its £15 million offer for midfielder Stewart Downing.
Here are a few more items from around the transfer market:
CITY BIDS FOR LAVEZZI, SIGNS SAVIC
Manchester City might have its replacement for Carlos Tevez already lined up.
Reports from England suggest that the Manchester club has submitted a bid for Napoli and Argentina striker Ezequiel Lavezzi. A key part of Napoli's proflic attack last season, Lavezzi played the role of creator for Edinson Cavani more so than the role of lead scorer, though he did find the net six times.
City, meanwhile, continues to fortify its defense by signing 20-year-old Montengrin defender Stefan Savic from Partizan Belgrade to a four-year deal. The move comes a day after the club completed its signing for former Arsenal left back Gael Clichy.
INTER INKS VELEZ STANDOUT
Inter Milan has added Argentine midfielder Ricardo Alvarez to its roster after agreeing on a £10.6 million fee with Velez Sarsfield for his services.
The 23-year-old Alvarez, a reported transfer target for Arsenal, is a playmaking midfielder and is the first coup for new Inter manager Gian Piero Gasperini.
Valencia has benefitted from Almeria being relegated by pouncing on the opportunity to sign 22-year-old Argentine forward Pablo Piatti to a five-year contract once the player passes his physical. Piatti scored eight goals last season.
Former Lyon standout Sidney Govou is back in France after signing a two-year deal with recently promoted Evian Thonon Gaillard. He spent one season in Greece with Panathinaikos.
Ajax and Dutch international midfielder Demy de Zeeuw has left the Eredivisie for the pastures of the Russian Premiership, joining Spartak Moscow after the clubs reportedly agreed on a £6 million transfer fee.
What do you think about the latest movement on the transfer market? Do you see Adam making as big an impact at Anfield as he did for Blackpool? Think Lavezzi would have success at Manchester City? Do you see Alvarez being an insurance policy in case Wesley Sneijder leaves Inter?
Share your thoughts below.