Premier league football clubs are bracing themselves for a final transfer flurry as the window closes later today.

Big spenders so far are Liverpool who have splashed out more than £50m ($63m) this summer.

And they are likely to dip into their cheque books again before the deadline reaches with talk of a swoop for another striker as back-up.

Old boys Craig Bellamy and Yossi Benayoun have been linked – the latter part of a swap deal with Raul Meireles heading to Chelsea.

But the biggest shock so far has been injury-plagued England international Owen Hargreaves signing from United to Manchester rivals City.

It could turn out to be a shrewd bit of business by Blues’ boss Roberto Mancini as Hargreaves is a free agent and has cost him nothing.

United’s summer target Wesley Sneijder has ruled out a move to England after agreeing to stay in Italy with Inter Milan.

But the club that seems in most need to strengthen their squad is Arsenal who have been linked with Chelsea duo Alex and Florent Malouda.

One player bound for North London is Brazilian left-back Andre Santos who has agreed a £6m ($7.9m) move to the Gooners from Turkish side Fenerbahce.

Reports also suggest Arsenal are close to completing an £8m ($10m) move for Werder Bremen centre-back
Per Metesacker.

The Germany international is in London to thrash out terms on an deal with the Gunners.

Elsewhere Stoke City want to add Peter Crouch to their squad after completely the signing of his Tottenham team mate
William Palacios.

Lofty Crouch would be an ideal addition for the Potter’s who thrive on long-throws but the two clubs cannot agree a price with Spurs valuing him more than the £10m ($13m) Stoke have offered.

One player who was supposed to head to White Hart Lane was West Ham midfielder Scott Parker.

But his move back into the Premiership has cooled after Spurs backtracked over the Luka Modric saga. The Croat is still undecided on a move across London to Chelsea.

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