The business end of the campaign is fast approaching, but that has not stopped speculation ahead of this summer's transfer market from heating up.

Here, Sports Mole rounds up all of the latest news and rumours with three months to go until the window swings open once again.

Wednesday morning's headlines:

Report: AC Milan keen on Michael Carrick
AC Milan are reportedly eager to sign Manchester United midfielder Michael Carrick on a free transfer. Read more.

West Ham United have second thoughts on Alex Song?
Barcelona's Alex Song's dip in form may force West Ham United to rethink their proposed move for the midfielder, according to reports. Read more.

Report: Inter Milan set to offer Mauro Icardi new deal
Arsenal, Liverpool and Manchester City could be dealt a blow in their pursuit of Mauro Icardi as the striker is set to be offered a new deal at Inter Milan. Read more.

Sam Allardyce: 'Winston Reid still not committing to West Ham United'
West Ham boss Sam Allardyce reveals that Winston Reid is still refusing to sign a new contract with the club. Read more.

Jose Mourinho: 'John Terry will be offered new contract'
Chelsea manager Jose Mourinho confirms that John Terry will be offered a new contract for next season. Read more.

Premier League trio want James McCarthy?
Everton midfielder James McCarthy has attracted the attention of Premier League rivals Arsenal, Tottenham Hotspur and Manchester United, according to a report. Read more.

Tim Howard rules out Everton exit
Everton goalkeeper Tim Howard says that reports linking him with a move to MLS are wide of the mark. Read more.

Report: Danilo edges closer to Manchester United move
Manchester United have moved closer to signing Brazilian full-back Danilo, according to reports. Read more.

Chelsea to swoop for Shay Given?
Shay Given has emerged as a surprising transfer target for Chelsea, according to reports. Read more.

Enner Valencia 'Chelsea transfer talk affecting form'
Sam Allardyce says that Enner Valencia's form has dipped due to speculation linking him with Chelsea. Read more.

Everton move for Barcelona's Sergi Roberto?
Barcelona midfielder Sergi Roberto could be on his way to Everton, according to reports. Read more.

Juventus keen to keep Gianluigi Buffon, Carlos Tevez
Juventus general director Giuseppe Marotta reveals that the club wants Gianluigi Buffon and Carlos Tevez to sign new contracts. Read more.

Report: Manchester United preparing Saul Niguez bid
A report claims that Manchester United are preparing a summer move for Atletico Madrid midfielder Saul Niguez. Read more.

Ivan Rakitic: 'I want to stay at Barcelona for many years'
Croatian midfielder Ivan Rakitic reveals his happiness at Barcelona. Read more.

Stephan El Shaarawy set for San Siro exit?
AC Milan striker Stephan El Shaarawy could be set for a move to the Premier League, according to reports. Read more.

Agent: 'Luciano Vietto could leave Villarreal'
Luciano Vietto's agent claims that the in-demand Argentine could leave Villarreal this summer, with Real Madrid and Barcelona circling. Read more.

Agent: 'Cristian Tello staying at Porto next season'
Barcelona attacker Cristian Tello will remain on loan at Porto next season, according to the Spaniard's agent. Read more.

Chris Wood unsure about Leicester City future
Ipswich Town loanee Chris Wood admits that he is unsure whether he has a future at Leicester City. Read more.

Nottingham Forest want to sign Gary Gardner permanently?
Nottingham Forest want to sign on-loan Aston Villa midfielder Gary Gardner on a permanent basis, according to a report. Read more.

Yeovil Town sign goalkeeper Scott Loach
Yeovil Town secure the services of Rotherham United goalkeeper Scott Loach on a one-month loan deal. Read more.

Tranmere Rovers sign Chesterfield midfielder Dan Gardner on loan
Tranmere Rovers sign 24-year-old Chesterfield midfielder Dan Gardner on a one-month loan deal. Read more.

Notts County snap up Leroy Lita
League One side Notts County complete the loan signing of former England Under-21 striker Leroy Lita. Read more.

Christian Stuani reveals delight at new Espanyol deal
Christian Stuani reveals his delight after penning a contract extension with Espanyol. Read more.

New York Red Bulls sign Manolo Sanchez
Midfielder Manolo Sanchez signs an MLS contract with the New York Red Bulls. Read more.

Ajax release Ilan Boccara
Dutch club Ajax decide to cancel the contract of French midfielder Ilan Boccara. Read more.