Transfer gossips Coverage: Falcao, Kagawa, Cleverley, Welbeck, Torres

Real Madrid have finished a £20m deal to sign forward Radamel Falcao, 28, from Monaco. (Calciomercato)

Manchester United’s Japan midfielder Shinji Kagawa is moving to Germany for a medical prior to an £8m move to former club Borussia Dortmund. (Daily Mail)

Arsenal are believing to finish a deal for Borussia Dortmund’s Greece defender Sokratis Papastathopoulos, 26, but don’t want to pay a £20m fee. (Daily Mirror)

Radamel Falcao seems set for a move from Monaco to Real Madrid

Aston Villa boss Paul Lambert has done an £8m bid to sign Manchester United midfielder Tom Cleverley, 25. (Daily Telegraph)
But Lambert may have challenge from La Liga side Valencia, who have made their own offer for Cleverley. (Sky Sports)
Hull are eager in Cleverley and West Ham’s Senegalese midfielder Mo Diame, 27. (Hull Daily Mail)

Danny Welbeck, 23, is set to leave Old Trafford with the Manchester United striker linked with a loan move to Tottenham. (Daily Star)

Chelsea are on the verge of giving permission for striker Fernando Torres, 30, to join Italian Serie A side Inter Milan. (Times – subscription only)

But Roma have ruled out Italian striker Mattia Destro, 23, being able to move to Stamford Bridge as a replacement. (Daily Mail)
The Sun

The Sun back page

Manchester United are eager up in their interest in Stromsgodset’s 15-year-old midfielder Martin Odegaard, who has become Norway’s youngest-ever player by winning his first cap against the United Arab Emirates. (Daily Telegraph)

Valencia and Serie A champions Juventus have made offers to purchase striker Javier Hernandez, 26, from Manchester United for a fee approaching £15m. (Guardian)

QPR striker Loic Remy, 27, has turned down the chance to return to Newcastle. The France forward expended last season on loan with the Magpies. (Newcastle Chronicle)

Striker Demba Ba, 29, came close to joining Arsenal in the summer before signing for Turkish club Besiktas from Chelsea for £8m. (Independent)

Besiktas want to sign Newcastle’s French midfielder Hatem Ben Arfa, 27. (Goal)

Burnley have made a £1.5m bid for Derby skipper, centre back Richard Keogh, 28. (Sun – subscription only)

Crystal Palace are battling QPR for the signature of Norwich striker Gary Hooper, 26. (Daily Mirror)

Manchester United target, midfielder Arturo Vidal, 27, has been cited as saying he does not want to leave Juventus and is staying at the Italian club. (Daily Express)

Scotland midfielder James McArthur’s move transfer Wigan to Leicester is off after the Foxes signed Argentina veteran Esteban Cambiasso. (Wigan Evening Post)

Former Arsenal midfielder Alex Song, 26, is hoping to return to the Premier League with Liverpool after being frozen out at Barcelona. (Daily Mirror)

West Brom expect to keep hold of defender Craig Dawson and midfielder Claudio Yacob. Dawson, 24, has been targeted by Burnley, while Argentine midfielder Yacob, 27, has been linked with moves to France and Russia. (Express and Star) reports BBC sport

Flashing Transfer Headlines

Manchester United have been contacted by several clubs for Shinji Kagawa and Javier Hernández, but none for Anderson. (Source: Telegraph)

Diego Costa has been ruled out for 4-6 weeks with a hamstring injury. [Sun]

BREAKING: Mehdi Benatia has joined Bayern Munich on a five-year deal. pic.twitter.com/Bh5vvPw22G #FCB

Harry Redknapp to be handed a contract renewal as his current contract runs out in the summer.

Clubs have spent £747,450,000 in the summer transfer window so far – a new record.

Louis van Gaal as told Ed Woodward to do whatever it takes to sign both Arturo Vidal and Daley Blind. (Source: Mirror)

Xabi Alonso is on the verge of joining Bayern Munich in an £8m deal. He will have a medical at the club today. (Source: Guardian)