Chelsea have splashed the cash this month and could break the Premier League record by landing Enzo Fernandez before the transfer window closes on Tuesday.
The Blues have already spent big to bring Mykhailo Mudryk to Stamford Bridge, while Noni Madueke, Joao Felix and Benoit Badiashile are among their other recruits.
Fernandez could follow from Benfica on what promises to be a busy deadline day as clubs across Europe scramble to get late deals done.
It remains to be seen if Arsenal can tempt Brighton and Hove Albion to part with Moises Caicedo.
Joao Cancelo looks set to swap Manchester City for Bayern Munich on loan and Paris Saint-Germain could finally seal a deal for long-time target Milan Skriniar along with Hakim Ziyech.
Stats Perform has picked out the standout transfers that could go through before the deadline.
BLUES TO SHOW THE COLOUR OF THEIR MONEY FOR WORLD-CUP WINNER?
Fernandez emerged as a target for Chelsea following his influential displays for Argentina during their World Cup triumph in Qatar.
The London club have wasted no time in building a new-look squad since a Todd Boehly-led consortium completed a takeover and Graham Potter arrived as head coach.
They have already made huge statements this month, none more so than snaring winger Mudryk from under the noses of Premier League leaders Arsenal.
Chelsea are working on trying to secure the services of Fernandez for a reported fee of £105.5million (€120m), which would break the Premier League record of £100m City paid Aston Villa for Jack Grealish.
CAICEDO A NO-GO?
Arsenal have already raided Brighton to bring wantaway winger Leonadro Trossard to the capital.
The Gunners have failed with big-money offers for centre midfielder Caicedo, who last week made it clear he wants to join the Premier League leaders.
Arsenal are said to be ready to test the Seagulls' resolve again on deadline-day with a third bid of £75m, but Brighton want to keep him for the rest of the season.
If they do not get an offer they cannot refuse, Arsenal could turn to Leicester City's Youri Tielemans or Chelsea's Jorginho.
CANCELO BAYERN-BOUND
Eyebrows were raised on Monday when it came to light that Bayern are poised to bring Cancelo to the Bundesliga from City.
The Portugal full-back Cancelo has fallen out of favour at the Etihad Stadium, having reportedly had a bust-up with Pep Guardiola.
A loan deal would be great business for Bayern as they hunt more trophies and this one is expected to go through.
PSG'S SKRINIAR PERSISTENCE COULD PAY OFF, ZIYECH TO FOLLOW?
While Bayern's move for Cancelo has come late in the window, Skriniar has long since been a target for PSG.
The Inter centre-back is only under contract at the end of the season and with the Serie A giants unable to tie him to a deal, it has been seemingly only a matter of time before he moves on.
PSG should finally get their man before the window closes, with the defender having already confirmed he has agreed terms with the Ligue 1 champions. Chelsea winger Ziyech could also be on his way to the French capital.
Man City v Liverpool: Preview and prediction
Liverpool may be no threat to Manchester City in the title race this season, but they could derail the champions' hopes of a treble in Saturday's match at the Etihad Stadium.
That is the fear of Pep Guardiola, who still thinks highly of a Reds side struggling for consistency this season.
City need to win to at least temporarily close the gap to leaders Arsenal, while Liverpool are on the outside of the Champions League chase looking in.
That idea would have been alien to these two teams last year as they went toe-to-toe for the title, and memories of previous mammoth clashes are fresh in Guardiola's mind.
The City boss, who said his "opinion doesn't change for one season of ups and downs", explained: "For one game, absolutely, they can beat everyone, like we can beat everyone. One game is one game."
As City can focus on Arsenal alone in the league, Liverpool's situation is rather more complicated.
They are seven points behind fourth-placed Tottenham with two games in hand but also five shy of Newcastle United, who have played the same number of games in fifth.
Liverpool follow a trip to City by facing Chelsea and Arsenal next week.
"It's a super important game," said Jurgen Klopp. "That's the one thing not different to all the other years.
"We know it's a massive game, a massive week coming up. For tomorrow, they deserve all the attention – we can't think about the other games.
"It is like a Champions League week. I'm super excited."
PLAYERS TO WATCH
Manchester City – Kevin De Bruyne
While Haaland was out of action in the international break, De Bruyne was on top form for Belgium, putting Germany to the sword earlier this week with a goal and two assists. He will have a key role to play against City, who have played more through balls than any other team (64), while Liverpool are joint-fourth for the most through balls played against them (48). De Bruyne leads all players with 21 through balls.
Liverpool – Mohamed Salah
Salah loves playing against City, only scoring more than his 10 goals in these matches when facing Manchester United (12). Indeed, he has already netted in three separate matches against Guardiola's side this season, on target in each of their meetings in the Premier League, Community Shield and EFL Cup. Ian Rush was the last last Liverpool player to score in four different games against an opponent in the same campaign, netting in five clashes with Everton in 1986-87.
MATCH PREDICTION – MAN CITY WIN
Liverpool are hoping to do the league double over City for just the second time in the past 17 seasons, but that previous home-and-away success in 2015-16 included their sole victory at the Etihad Stadium in their most recent 13 league visits.
This is not a season in which they appear likely to buck a trend away from home, having earned just 12 points from 13 games on the road. Having earned 30 points at Anfield, theirs is the biggest difference between home and away points in the division.
The Reds have also failed to score in six of those away games, their most across a whole league season since eight in 2011-12, and another blank would leave them at risk of a third straight defeat without scoring in all competitions for the first time since October 2009.
OPTA WIN PROBABILITY
Man City - 50.8 per cent
Liverpool - 22.8 per cent
Draw - 26.4 per cent
Barry's move from Chelsea to Bayern faces delay due to potential Champions league tie
Graham Potter confirmed that Chelsea and Bayern Munich are in talks over assistant coach Anthony Barry.
However, a potential switch from London to Munich might well be delayed until a potential Champions League meeting between the sides.
Thomas Tuchel, who was appointed as Bayern coach after the sacking of Julian Nagelsmann last week, worked with Barry during his time at Chelsea and is keen to get the 36-year-old on his staff.
Barry is away from the Chelsea training ground while negotiations take place but Potter hinted that any agreement may be delayed until after a potential semi-final Champions League clash.
"Obviously that delay is something I'm pretty sure is in the conversation for obvious reasons," Potter said at a press conference on Friday.
"I have spoken to Anthony, he's someone I respect a lot and he's given everything for Chelsea. I understand that people have aspirations and it's about respecting that.
"He's away from us for the moment. It's between the clubs, it's not something I get involved in.
"I have huge respect for what he's done, here. He's a fantastic coach and a fantastic person."
Chelsea face reigning champions Real Madrid in the quarter-finals, as they did last year, but could be tasked with a semi-final face-off with former boss Tuchel if Bayern beat Manchester City.
Speaking to reporters in Germany on Friday, Tuchel was positive about the move for Barry.
"It's a matter between the clubs. It's still my absolute wish for him to come. The clubs have to reach an agreement. But I'm optimistic," he said.
Ten Hag confident Man Utd have enough goalscorers to back up Rashford
Manchester United have enough goalscorers alongside star man Marcus Rashford, according to manager Erik ten Hag.
Rashford has scored 27 of United's 88 goals this season in all competitions, with Bruno Fernandes their next-highest scorer with just 10.
Anthony Martial's time on the pitch has been limited by injuries, while January acquisition Wout Weghorst has failed to prove prolific, having scored just twice since arriving at Old Trafford.
Yet, the Red Devils ended their six-year trophy drought by beating Newcastle United in the EFL Cup final in February and look on course to finish in the Premier League's top four and achieve Champions League qualification for next season.
Despite Rashford's superior contribution in the goals department in relation to his team-mates, Ten Hag feels his side carry enough of a threat to support the 25-year-old, though he did not rule out bringing in more attacking talent ahead of next season.
"I think we have players like Bruno, like Jadon Sancho, like Anthony Martial, like Scott McTominay, like Antony," Ten Hag said. "We have enough players with the capabilities to score goals, definitely.
"I work in the back [behind the scenes] on next season. But we're working now on this season, so first of all make sure everyone is available and keep improving the way of play and that's the best chance of scoring more goals."
McTominay enjoyed a brilliant international break with Scotland, scoring four goals as his national team beat Cyprus 3-0 before stunning giants Spain 2-0 at Hampden Park on Tuesday.
Considering his great form in front of goal and the fact he played as a striker for United's youth teams, McTominay could be a potential option to start up front for the Red Devils with Weghorst failing to fire since joining on loan from Burnley.
But Ten Hag feels the 26-year-old is better playing as a midfielder, while he defended Weghorst's overall impact on United.
"Scott can play in many roles," Ten Hag said.
"It's clear he has scoring capabilities for Scotland but also this season for us. He's a really good finisher, but I see him as a midfielder.
"I think I'm happy with what Wout is doing because when Wout is in the team, the team is performing better."
As his team prepare to face top-four rivals Newcastle United at St James' Park on Sunday, Ten Hag looks set to be boosted by the return of Martial after his recent injury problems.
"He's training for two weeks now," Ten Hag said. "I think he can be in the squad."
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