Goal.com Transfer Talk is your 24/7 source for all the latest rumours in the global transfer market.
Announced close of the Paris-SG Tuesday, Fabio Capello has already refused it because he is blocked by Russia.
Arsenal's bid to sign Ashley Williams has stalled as Swansea are demanding £10 million for the defender.
Real Madrid director of football Zinedine Zidane has promised Isco first-team football in an attempt to sign the Malaga star ahead of Manchester City.
Real Madrid striker Gonzalo Higuain is close to securing a £22 million move to Arsenal.
Manchester City forward Carlos Tevez is on the verge of joining AC Milan in a £10 million deal.
Napoli boss Rafa Benitez wants to sign Liverpool striker Luis Suarez as a replacement for Edinson Cavani.
Real Madrid striker Gonzalo Higuain has agreed to join Arsenal this summer as Arsene Wenger will pay a club-record £22 million fee for the Argentine.
Arsenal made a late attempt to hijack West Ham's deal to sign Andy Carroll from Liverpool.
Talks to extend Xabi Alonso's spell at Real Madrid have been put on hold with no agreement as former boss Jose Mourinho considers trying to lure the midfielder to Chelsea in a cut-price deal or at the end of his contract.