Arsenal fans are bracing for what looks like the inevitable sale of club captain Robin van Persie, while Tottenham and Chelsea are locked in a race to sign Hulk. Kaka may have worn out his welcome in Madrid, but AC Milan looks ready to welcome its former hero back to Italy with open arms.
While the "silly season" is a lot like kids wishing for outlandish gifts on Christmas morning, we've taken the time to arrange some of the most high-profile, yet not totally outlandish transfer rumors dominating the headlines.
From England to Spain, and a lot of Brazilians in between, this summer's window is not shy on drama. Check out the photo gallery to see if your club could be in position to land a superstar.
Photo via Facebook/Luka Modric