Arsenal have finally given up on Luis Suarez and is now chasing a new striker while Spurs are on the brink of selling Gareth Bale. Here are the transfer rumours!

Liverpool and AC Milan are competing for Paris Saint-Germain defender Mamadou Sakho (Daily Star) - Probability: Medium

Sunderland are set to complete a move for Panathinaikos winger Charis Mavrias (Daily Mail) - Probability: High

Arsenal is ready to splash out on at least three players, costing a combined £65m (Daily Star) - Probability: High

Everton is ready to increase their offer for Wigan's James McCarthy (Daily Mail) - Probability: Medium

Tottenham are in for Roma forward Erik Lamela and Ajax duo Toby Alderweireld and Christian Eriksen (The Mirror) - Probability: Low

West Ham have been offeres Juventus striker Fabio Quagliarella, but can't afford him at the moment (The Mirror) - Probability: Low

Arsenal and Paris Saint-Germain are battling over Newcastle midfielder Yohan Cabaye (Daily Mail) - Probability: Medium

Newcastle are keen to sign Lyon-duo Bafetimbi Gomis and Yoann Gourcuff (Daily Mail) - Probability: High

Mark Hughes is preparing a last attempt to take Jermaine Defoe to Stoke (The Sun) - Probability: Low

Arsene Wenger has turned his attentions to Real Madrid star Karim Benzema (The Mirror) - Probability: Low

Manchester City and Liverpool will have to spend big if they want Derby's Will Hughes (Daily Star) - Probability: Medium

Luciano Becchio will is set to leave Norwich and head out for Middlesbrough (The Sun) - Probability: High

Spurs are close to sell Gareth Bale for a world record £94m (Daily Mail) - Probability: Low