Whilst Euro 2012 is rumbling on, let us not forget that scouts and talent spotters are working diligently to sign new players for their respective teams for the upcoming season.
As always, transfer gossip and rumours are rife. In fact, they are as assured as death and taxes.
Here are five of the biggest rumours going on right now—if you see it that way, of course!
Arsenal have seemingly continued their impressive spending spree by striking a deal for Olivier Giroud of Montpellier, according to the Mail Online.
Giroud would mark Arsene Wenger's second marquee signing of the summer following the capture of German international Lukas Podolski.
Giroud is expected to sign a four-year contract and has apparently cost the Gunners close to £13 million.
Once again, it's the Mail Online with the story, this one claiming that Tottenham's Luka Modric is set to become a Galactico by signing for Real Madrid.
The Croatian midfielder has been the subject of transfer gossip for some time, with Chelsea and Manchester United rumoured to be interested in the player's services.
Modric's Croatia have recently been dumped out of Euro 2012.
Inter Milan full-back Maicon also features in the gossip pages at the moment after being linked with Jose Mourinho at Real Madrid.
Maicon is considered to be one of the best full-backs in the world, but will be out of contract at the end of the next Serie A season, meaning Madrid could buy him on the cheap.
Maicon has reportedly stated that he would not discuss his future until after the Copa America, in which he is featuring for Brazil.
As the Gareth Bale gossip rumbles on, it seems his agent has moved to end speculation linking the Welshman to Barcelona.
With an approximate price tag of £40 million, Bale's agent has suggested that the figure is too big for the Catalan club to muster.
Whether Bale is subject to offers from other European clubs remains to be seen.
Doubly good news for AC Milan fans is that club owner, Silvio Berlusconi, has decided to keep a number of star players rather than sell them for big money.
Both players look set to stay with Milan as they make a bid for the Serie A title, allowing Milan fans to breathe a big sigh of relief.