The summer transfer window is officially open and clubs are ready for business. The Premier League transfer window is already open after the English FA decided to change the transfer window date from the traditional June 1 to August 31 to May 17 to August 9.
Real Madrid and Borussia Dortmund have already begun their business early while English giants Manchester United are expected to make a huge impact in the window after their manager expressed the need for a squad overhaul.
Along with a number of high profile names linked with a potential move, a number of players will be available on a free after completion of their contracts.
There are some names who are entering into the twilight of their career and might not get the first team status that is usual and will probably be resigned to being a squad player. Along with that, there are some big names out of contract and are being targeted by the biggest names in Europe.
Here we have compiled a list of Premier League players who will be available on a free after their contracts expire.
Note: All contractual information has been reported by BBC.
Goalkeeper: Michel Vorm
The 35-year old former Swansea shot-stopper was signed in 2014 as a backup for Hugo Lloris, but the French World Cup winner's form and consistency have seen the Dutch international being restricted to very little game time.
The emergence of Paulo Gazzaniga this season has seen the 35-year old going further down the pecking order.
Michael Vorm could depart Tottenham Hotspur at the end of his contract after having made 47 appearances in all competitions for Spurs. The Dutch international made his final appearance for Tottenham in the Champions League away match against PSV after Hugo Lloris was given the marching orders.
Defence
Leighton Baines
Leighton Baines joined Everton in 2007 from Wigan and has been a first team regular for the majority of his Merseyside career. The arrival of Lucas Digne from Barcelona last season, though, has seen the former England international being restricted to just 8 appearances.
The left-back who turns 35 in December is yet to decide on his future.
In 12 years at Goodison Park, Leighton Baines has made around 411 appearances for the Toffees and has 38 goals to his name. The Evertonian legend last played for the Toffees in their 3-1 defeat to Wolves in February.
Gary Cahill
Gary Cahill will be available on a free after Chelsea confirmed that the former England international will be leaving the club at the end of his contract.
Cahill has rarely been used at Chelsea this season under Maurizio Sarri featuring just 8 times for the Blues.
The 33-year old who joined Chelsea from Bolton in 2011 made 290 appearances for the Blues across all competitions and won every major honour possible at the Bridge.
Gary Cahill made his final appearance in a Blue shirt on the final home match against Watford.
Phil Jagielka
The Evertonian legend has confirmed that he will be leaving the Merseyside at the end of 12 seasons.
The 36-year old veteran centre back was scarcely used by Marco Silva this season with the former England international making just 7 appearances across all competitions.
Phil Jagielka who joined Everton in 2007 from Sheffield Wednesday has made 385 appearances across all competitions for the Toffees.
The Evertonian legend made his final appearance for the Toffees on their final match against Burnley at the Goodison Park.
Antonio Valencia
The 33-year-old Ecuadorian international confirmed that he will be leaving Manchester United at the end of the season. Antonio Valencia who joined Manchester United in 2009 from Wigan Athletic was marred by injuries in his final season at Old Trafford.
The winger-turned-full back made 339 appearances and scored 25 times for the Red Devils. The Ecuadorian international made his final appearance in a United shirt in their final match against Cardiff City.
Midfield
Ander Herrera
The most prized asset in this list, Ander Herrera was a key figure in his 5 years at Manchester United. The midfielder was a much-loved figure at the Theatre of Dreams and who the fans showered their appreciation for in the way he represented the club.
Ander Herrera who joined Manchester United in 2014 from Athletic Bilbao was instrumental in the Red Devils' Europa league triumph.
The Spaniard made a total of 189 appearances and scored 20 times for the Red Devils across all competitions. Ander Herrera made his final appearance in a Manchester United shirt at the John Smith Stadium against Huddersfield.
At 29, the midfielder is at the prime of his powers and would be a welcome addition to any club that can afford the hardworking midfielder.
Juan Mata
The third Manchester United man on the list, Juan Mata is one of the very few players to have won every major honour in football including the World Cup, Europa League and the Champions League.
The 31-year Spanish wizard joined Manchester United was mainly used as a squad player this season. The attacking midfielder, though, did have his moments for the Red Devils with his freekick at Turin topping the list.
Juan Mata who joined Manchester United in 2014 from Chelsea and has made 218 appearances and scored 45 times for the Red Devils across all competition. The 31-year old made his last appearance for the Red Devils against Huddersfield at the John Smith Stadium.
The 31-year old is still far from finished and can be a valuable asset to any team that is struggling to find a traditional attacking midfielder.
Samir Nasri
The former French international is into his third stint in the Premier League, which ended rather early as West Ham decided not to offer a contract extension for the attacking midfielder.
The two-time Premier League winner rarely featured for the Hammers, making just 6 appearances for the Hammers since signing for them in January.
The attacking midfielder's vast experience in the game could be a vital addition to any team that is struggling to cope with expectations.
Samir Nasri made his final appearance for the Hammers at home against Huddersfield Town in March.
Forward
Ryan Babel
The second stint in the Premier League for Dutch international Ryan Babel ended on a sour note as his Fulham side got relegated at the end of the season.
The winger who joined the Cottagers during the January transfer window from Besiktas made 16 appearances and scored 5 times. Babel made his final appearance for the Cottagers in their final match of the season at home to Newcastle United.
Danny Welbeck
A much-loved player, Danny Welbeck will be available for free after an injur-marred final few seasons at Arsenal.
The former Manchester United man who joined Arsenal in 2014 struggled with injuries in the all the 5 seasons at the Emirates. The England international had to spend numerous days on the injury list, managing to play more than 30 games a season just once.
Danny Welbeck made just 126 appearances and scored 32 times for the Gunners in a 5-year long stay. The 28-year old made his final appearance for the Gunners against Liverpool in March before injury ruled him out for the remainder of the season.
The 28-year old who is now in the prime years of his footballing career can provide any mid-table team with goals provided the forward stays fit.
Daniel Sturridge
Liverpool yesterday confirmed that England international Daniel Sturridge would be leaving the club after his contract expired. The striker failed to get going since the 2013-14 season when Suarez, Gerrard and himself almost took Liverpool to their first ever Premier League title.
The 29-year old endured long periods in the injury table after successive injuries ruled him out for matches. The England international was used mainly as an impact substitute by Jurgen Klopp this season.
The striker who joined Liverpool from Chelsea in 2013 made 160 appearances and scored 67 times for the Merseysiders.
Daniel Sturridge made his last ever Liverpool appearance against Newcastle at the St James Park in the Reds final away match of the season.
Like Danny Welbeck, the conundrum surrounding Sturridge is whether to take the risk and sign the striker or whether to miss out on a lethal forward. When fit Daniel Sturridge can produce moments of brilliance that showcases why he was such a highly rated player in his earlier years.