Rediff.com makes an assessment of the biggest gambles made by the leading Premier League teams this summer.
Thierry Henry is close to rejoining Arsenal on loan for two months if insurance arrangements can be agreed with his club the New York Red Bulls, Arsene Wenger said on Friday.
English Premier League clubs' transfer spending dropped to a seven-year low in the January window compared to a record high last year, as financial woes weighed on the market, according to business advisory firm Deloitte. English clubs' spending was around 30 million pounds in the January transfer market, as much as for Italian Serie A clubs, compared to 170 million pounds last year, Deloitte said in a report after the deadline closed Monday.
Leicester City's attempts to sign Adrien Silva from Sporting Lisbon were dealt a blow on Wednesday, with FIFA saying it had rejected an FA petition to grant the midfielder an international transfer certificate.
Croatian midfielder Luka Modric, one of the most promising young players in Europe, has agreed terms to join Tottenham Hotspur.
Arsenal's record signing Mesut Ozil should be fit to face Norwich City when Arsene Wenger's table-topping team returns to Premier League action on Saturday following the international break.
Liverpool will have funds to strengthen their squad in January after the last transfer window left it thin on the ground, manager Brendan Rodgers said on Friday.
Yaya Toure has been left out of Manchester City's Champions League squad by coach Pep Guardiola, further undermining the Ivorian's position at the club. Toure, a mainstay of the City midfield since joining from Guardiola's Barcelona in 2010, has failed to start any of the club's opening three Premier League matches. He has only played once this season, in the second leg of the Champions League playoff tie against Steaua Bucharest, when they already had a 5-0 lead from the first encounter.
English Premier League clubs spent a record 160 million pounds ($227.7 million) in the January transfer window, business advisory firm Deloitte said on Tuesday. Spending that defied the credit crunch was done mainly by Manchester City (more than 50 million pounds) and Tottenham Hotspur (45 million).
Arsenal took the race to the final day last season and are strongly tipped to end Manchester City's dominance this time.
Manchester United and Wayne Rooney have described as "complete nonsense" a newspaper report that the England striker is set to leave the Premier League champions.
David Villa is an important member of the Barcelona squad, his club and international team mate Andres Iniesta said on Thursday amid speculation the Spain striker could move in the January transfer window.
Substitute Gabriel Martinelli fired a last-gasp winner to earn Arsenal a 1-0 victory over Manchester City on Sunday.
Chelsea is currently at the fourth place in the Premier League standings with 63 points from 37 matches.
Robinho turned up for training with Brazil in a helicopter on Wednesday following his transfer deadline-beating move to Manchester City.
The decision means the English Premier League club cannot register new players until January 2011, a crushing blow for the London team. The next transfer window is in January followed by another in the middle of 2010.
Manchester United are feeling the pressure ahead of their Champions League qualifier against Club Bruges on Tuesday, according to manager Louis van Gaal.
Manchester United forward Anthony Martial and Tottenham Hotspur manager Mauricio Pochettino have bagged the Premier League player and manager of the month awards for September.
Fernando Torres gets the chance to break Liverpool fans' hearts twice in a week with the Spain striker poised to make his Chelsea debut against his former club in the English Premier League on Sunday.
Reports in British media put the latest bid at 125 million euros.
It's sweet 'homecoming' for medium-pacer Harmeet Singh, who will turn out for Kings XI Punjab in the fifth edition of Indian Premier League after having a three-year stint with Deccan Chargers.
Newcastle United have signed Senegal striker Papiss Cisse from bottom of the table Bundesliga team Freiburg on a five-and-a half-year deal, the Premier League club said on Tuesday.
Swansea City sacked manager Bob Bradley on Tuesday less than three months after the American took charge, with the January transfer window looming and the Premier League's second-bottom club desperate to get out of relegation trouble.
The English Premier League again provided the late-night drama at the end of the transfer window on Monday with Dimitar Berbatov and Robinho joining Manchester United and Manchester City respectively.
There was the usual frenzy of last-minute deals as the English Premier League brought the curtain down on another bumper European transfer window in which Manchester City again flexed their financial muscle as the continent's top spenders.
Arsene Wenger played down an incident that led to the arrest of a Southampton fan after his Arsenal side went down 2-0 on the south coast on Thursday.
Tottenham Hotspur striker Roman Pavlyuchenko said he wants to leave the north London club because spending most of the first half of the season on the bench has cost him his place in the Russian national team.
Chelsea were cleared to sign new players in the January transfer window on Friday after the Court of Arbitration for Sport (CAS) suspended a ban imposed by world body FIFA.
Manchester United may have kept their powder dry in the transfer window but they remain the team to beat in the Premier League as two goals by Wayne Rooney helped them to a 3-1 home win over Aston Villa on Tuesday.
Diego Costa has accused Chelsea of treating him like a "criminal" in a forthright newspaper interview which will deepen the breach with the Premier League club.
Chelsea have signed Portugal winger Ricardo Quaresma on loan from Inter Milan until the end of the season, the Premier League club said on Monday.
Andrei Arshavin, a target of English Premier League side Arsenal, is in London on Monday with Sky Sports News showing pictures of the Russian forward at a snow-bound hotel north of the city.
David De Gea will not play in Manchester United's opening Premier League game against Tottenham Hotspur, manager Louis van Gaal said on Friday, amid reports linking the goalkeeper with a move to Real Madrid.
Argentina striker Sergio Aguero, who is expecting to complete a 32 million pound move to Chelsea in next month's transfer window, has said that he was born to play for the Blues.
Manchester United have agreed an undisclosed fee with Spartak Moscow for defender Nemanja Vidic
Diogo Jota's doubled earned Juergen Klopp's side a 2-0 victory over Leicester City
Victor Moses has become the third player to join Liverpool on Monday, with the forward signing on a season-long loan from Chelsea, the Premier League club confirmed.
Brazil striker Robinho is finding it a struggle to make an impact in the second half of the Premier League season, Manchester City manager Mark Hughes said.
Mourinho hits out at Man United's 'crazy' fixture congestion