AC Milan have held talks with Chelsea over the transfer of Fernando Torres, according to Sky sources.
Mehdi Benatia has completed his move to Bayern Munich by signing a five-year contract after a successful medical.
Sunderland striker Danny Graham is relishing the opportunity to get his top-flight career back on track after sealing a one-year loan move to newly-promoted Hull.
The 27-year-old agreed the move to the Tigers after being informed by Sunderland boss Paolo Di Canio he was no longer part of his plans.
Graham endured a miserable time on Wearside, failing to score in 13 competitive appearances since his high-profile £5million move from Swansea in January.
Graham told the Tigers' official website: "It's great to come to a club where everybody is on a high after winning promotion and I've only heard good things about this club.
"It's exactly the same as when I joined Swansea a couple of years ago, a club coming up into the Premier League. The stories for two clubs are very similar.
"I know I'm coming to a good club with a top manager, a fantastic stadium and some very good players."