Confirmed thus far:

Fernando Torres on loan to Atletico Madrid
Nelson Oliveira on loan to Swansea City
Alessio Cerci on loan to AC Milan
Valencia sign Enzo Perez from Benfica for 25m euros
Eljero Elia to Southampton on loan

In talks:
Mauro Zarate on loan to QPR

Rumoured  (Articles or quotes) (BBC, Telegraph, Guardian, DiMarzio, Skysports etc.)
Bony to Manchester City (Telegraph)
Nastasic to Schalke (Quotes on Bild)
Danny Ings to Tottenham (Telegraph)

Nastasic to Schalke is interesting from an Arsenal perspective. Have they had any injuries at the back this season? Or might Höwedes be on the move?

Swansea sign highly rated Matt Grimes from Exeter

Elia to soton is a good move, electric player.

Skysports transfer news round-up

WBA will accept 20m plus offers for Berahino. Liverpool interested.
Southampton want Bruno Martins Indi now or in the summer
Mark Schwarzer to Leicester City to be confirmed today
Hull in talks with Defoe

Don't know why it got deleted but Guardian says Chelsea want to sign Micah Richards on a bosman

That's how Podolski dropped out the womb isn't it?

Bony looking to move out of Swansea.

I think I would take him as our starting striker to be honest.

City in talks apparently. Swansea will sell for big money.

is citeh still restricted by FFP? i saw somewhere swansea want £30m for him. will they do a dodgy loan/buy deal?