Bolton are ready to take midfielder Modeste M'Bami from under the nose of Portsmouth, where he has been on trial.
Birmingham are battling Espanyol, Malaga and Valencia to sign the Sporting Gijon midfielder Michel.
Blackburn could rival Everton for Benfica's Hassan Yebda.
Chester have been deducted 25 points ahead of the Blue Square Premier season, but the club will play against Grays this weekend.
The FA raised concerns after the Vaughan family resumed control of the club after a spell in voluntary financial administration.
Chester were already facing a 10- point penalty when they went into liquidation.