Xherdan Shaqiri could be plying his trade in the English Premier League next season if Bayern Munich accept a £25 million bid from Liverpool.
The Swiss star had an excellent World Cup and could be the latest signing for Brendan Rodgers' side.
After selling talisman Luis Suarez to Barcelona for £75 million, Liverpool now have a huge budget to reinvest in their side.
They have recently agreed a deal for Southampton defender Dejan Lovren for £20 million but Shaqiri could be arrving imminently if Bayern Munich accept the offer.
Manchester United and Barcelona are fighting for the signature of Arsenal defender Thomas Vermaelen.
Man Utd have had a £6 million bid rejected by the Gunners but they are keen to land the Belgian defender so they will improve their initial bid.
Barcelona are also interested in the 28-year-old as they need more defensive reinforcements.
The Catalan club signed Jeremy Mathieu last week but they still seek one more defensive acquisition after captain Carlos Puyol announced his retirement last season.
The Arsenal stopper wants a move away from the Emirates after losing his regular spot in the team. His preferred move is to Man Utd but they might not be able to offer as much money as the Spanish giants.
English Premier League side Arsenal has said they have signed Colombia's World Cup goalkeeper David Ospina from French club Nice.
Ospina, 25, was one of the stars of the World Cup with spectacular performances as his country reached the quarter-finals for the first time.
He will compete for an Arsenal starting place with Polish international Wojciech Szczesny. Arsenal said he would sign a "long-term contract", but did not give the fee.
French reports this week said Arsenal would pay about $5.4 million (Dh19.8m) for Ospina who has been at Nice for six seasons.
"David Ospina is an excellent goalkeeper, with good experience and a proven record of performing with Nice and Colombia," said Arsenal manager Arsene Wenger. "He will add strength to our squad and we are very pleased that he will be joining us."
Ospina is expected to make his first appearance at the Emirates Cup friendly tournament, which takes place at Arsenal next weekend.
Ospina joined Nice in 2008 from Colombian side Atletico Nacional, for whom he made his professional debut at the age of only 17.
He made his international debut in 2007 and was handed his first start in a 2010 World Cup qualifying match against Bolivia.
His arrival at Arsenal follows the departure of second-choice goalkeeper Lukasz Fabianski, who has joined Swansea City.
Nice coach Claude Puel had confirmed the transfer late on Saturday, after his side lost to London club Brentford in a friendly.
"It's confirmed, yes," Puel told Sky Sports News. "It's a good affair for Arsenal because he's a very good player. You will see next season the quality of this player.
"It's fantastic for him. It's important for him to try another league, another club, and Arsenal is a fantastic club for him.
"You saw in the World Cup how important a goalkeeper he is."