As the clock ticked down to the 11pm deadline, there was plenty of frenzied activities across the country as managers looked to finalise their squads.

Cole, 29, travelled to France yesterday to undergo a medical and, despite a late bid by Aston Villa, the player has opted to join the Ligue 1 club.

The winger had not featured in the squad for any of Liverpool's four competitive matches so far, and chose a move to France after being attracted by Lille's Champions League status - and the possibility of being allowed to commute from London by the Channel Tunnel.

"With the arrival of England international Joe Cole, LOSC has clearly added to its squad both in quantity and quality," a statement on Lille's website

"The club is pleased and proud that the challenges facing us and our project has attracted a player of this magnitude."

Elsewhere, Queens Park Rangers are understood to have agreed a fee with Sunderland for defender Anton Ferdinand.

The 26-year-old former West Ham centre-half will undergo a medical and discuss personal terms with the Barclays Premier League newcomers in west London this afternoon.

Stoke are closing in on Birmingham striker Cameron Jerome.

It is also believed prized centre-back Scott Dann is in Blackburn for talks and a medical with Rovers, but a fee is yet to be agreed.

There were plenty of other deals in the pipeline as a hectic final day entered the afternoon.

Tottenham manager Harry Redknapp expected his chairman Daniel Levy to be "busy on the phone all day" as the club looked to complete the signing of England midfielder Scott Parker from West Ham and aim to swoop for Bolton centre-back Gary Cahill.

However, Spurs maintain there is no chance of Croatia playmaker Luka Modric - a target for Chelsea - leaving.

However, Peter Crouch could be among the players out of White Hart Lane, with Redknapp confirming his former team QPR, as well as Sunderland are keen on the frontman.

"There's three or four clubs wanting him and he wants to play football," Redknapp said.

"He's too good not to play. He's an outstanding player."

Big-spenders Manchester City will be aiming to off-load some of their squad -with midfielder Shaun Wright-Phillips set for Queen's Park Rangers and full-back Nedum Onuoha interesting both Stoke and Bolton. Meanwhile, the futures of striker Craig Bellamy - another linked with a Loftus Road switch - and defender Wayne Bridge remain uncertain.

City are expected to push through the signing of Owen Hargreaves, but would not be constricted by the transfer deadline as the midfielder is a free agent following his release by rivals Manchester United.

Arsenal - mauled 8-2 at Old Trafford on Sunday - have already added Korean forward Park Chu-young, and are closing in on defensive duo Per Mertesacker and Andre Santos.

Gunners boss Arsene Wenger is also reported to be keen on another centre-half, having seen bids for Cahill rejected, and could now move for Blackburn's Christopher Samba after Rovers look to push through a deal for Scott Dann from Birmingham.

Wenger is also expected to strengthen his midfield, with Everton duo Marouane Fellaini and Mikel Arteta targets along with Edin Hazard of Lille and Keisuke Honda, CSKA Moscow's Japan international playmaker.

Arsenal striker Nicklas Bendtner is expected to join Stoke, while Marouane Chamakh could head back to France on loan.

Elsewhere, Fulham are hopeful of tying up a £10million deal for Twente's Costa Rica forward Brian Ruiz and Israeli midfielder Yossi Benayoun is expected to leave Chelsea, who have in turn been linked with both Bayern Munich winger Franck Ribery and Uruguayan Alvaro Pereira from Porto.