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Wilfried Bony might leave Man City for Arsenal; Everton eye Yannick Bolasie

With the summer transfer window upon us, rumours are picking up steam. Transfer Talk has its finger on the pulse when it comes to the latest gossip. Follow our live blog below, and see the latest deals here.

Gunners eye Bony

Arsenal will make a shock move for Wilfried Bony in a bid to add firepower to boost their title challenge in the new Premier League season.

The Star reports that the Gunners are ready to bid £30 million for the Ivorian, though Arsene Wenger has yet to make up his mind.

City would be likely to snap up the offer, which would net them a £5m profit on the 27-year-old, who cost £25m when he was signed from Swansea City.

Bony did not seem to settle at the Etihad under Manuel Pellegrini, and was left behind by new manager Pep Guardiola for Sunday's 3-2 loss to Arsenal in Sweden. Guardiola said he remained a City player "at the moment."

LIVE BLOG

23:00 BST: That's all for Wednesday's live edition of Transfer Talk. Stay tuned for a fresh look at the latest from European newspapers in just a few short hours!

22:44 BST: Italy international forward Simone Zaza appears to have had a change of heart after repeatedly turning down moves away from Juventus, La Gazzetta dello Sport reports, with Wolfsburg looking a likely option for the player. 

22:22 BST: Liverpool are set to sign former Barcelona defender Juan Manuel Garcia after he impressed on trial at Anfield, according to the Daily Mail

Juanma was released by Barcelona this summer, but the Reds' coaching staff feel he's done enough to earn a contract at the club in the time since.

22:55 BST: Arsenal youngster Serge Gnabry is on Hertha Berlin's radar, according to German magazine SportBild, who suggest the Bundesliga side will look to sign him for as little as £1.7m.

22:36 BST:  Former Manchester City defender Martin Demichelis has joined Espanyol on a one-year deal.

22:17 BST: Lyon club president Jean-Michel Aulas has confirmed that West Ham have bid for winger Rachid Ghezzal, the Express reports.

"I like Rachid a lot. It would be really good if we might be able to reach an agreement. We have received offers for him, including the one from West Ham," Aulas told L'Equipe.

21:58 BST: Santos striker Gabriel "Gabigol" Barbosa is garnering interest from all corners of the map. A big offer was apparently on the table from a Chinese Super League side, but the player refused to make the move, according to Globo Esporte

21:36 BST: Look away now, Arsenal fans. The Gunners have not made a bid for Leicester City winger Riyad Mahrez, according to Sky sources ... 

21:16 BST: Are Manchester United prepared to loan Adnan Januzaj to Sunderland? David Moyes is keen to secure a permanent move, but Goal reports that the Red Devils are only willing to let the young player leave on a loan. 

20:54 BST: Diego Simeone is eager to add to his new-look Atletico Madrid squad, and Gabriel "Gabigol" Barbosa is emerging as a potential option to bolster the attack alongside new signing Kevin Gameiro.

According to the Santos forward's agent, Los Colchoneros have joined Inter Milan, Juventus and Leicester City in the race to sign the young star and are willing to offer €20m for his services.

This saga will most likely continue until Brazil's Olympic participation comes to an end, which could be sooner than originally anticipated.

20:36 BST: Isco to AC Milan? Joao Mario to Real Madrid? Christian Benteke to Crystal Palace? Mario Balotelli to Ajax? Martin Odegaard to Liverpool?

David Amoyal tells ESPN FC how likely it is that the proposed moves actually happen. Read.

20:15 BST: Chelsea defender Matt Miazga looks set to spend this season on loan, but where? A source close to the U.S. international told ESPN FC that a final decision on the player's future has yet to be determined, although Eintracht Frankfurt could be an option.

"There are numerous clubs in for Miazga," said the source. "It's up to Miazga and the club to find the best fit."

Miazga has made just two appearances with the Chelsea first team since making a move from New York Red Bulls last January.

19:56 BST: DONE DEAL Serie A newcomers Cagliari have signed Chile international defender Mauricio Isla from Juventus on a three-year deal.

19:38 BST: Leicester City are inching ahead of Liverpool and Manchester City in the race to sign Roma midfielder Leandro Paredes, according to reports from Italy.

Claudio Ranieri is keen to seal the deal, with the club prepared to put in an £18.9m bid for the player.

19:20 BST: Portland Timbers' midfielder Diego Valeri has signed a contract extension with the club as a Designated Player.

Valeri, 30, leads his team in points (106) and assists (40) during their MLS era. He has scored 33 goals since joining the Timbers in 2013 while also recording the most assists of any player in the league since the beginning of the 2013 season.

18:02 BST: The plug has been pulled on Lucas Leiva's transfer from Liverpool to Galatasaray, according to the Turkish club's sporting director. Injury doubts over James Milner and Marko Grujic have left Reds' manager Jurgen Klopp with no other option than to hold onto the players that are still at his disposal.

17:45 BST: Value for money wise, is N'Golo Kante potentially a better purchase than Paul Pogba?

"You could certainly make the argument," says ESPN FC's Chelsea correspondent Liam Twomey.

17:24 BST: Ashley Williams is pretty pleased to be joining Everton. Here's what he says: "I've had eight great years at Swansea and the new challenge was something I felt I needed, so I'm delighted to have joined Everton.

"Everton is a great club with an unbelievable manager [Ronald Koeman] -- a world legend in football -- and I believe the club is going in the right direction. This is something I wanted to be a part of."

17:09 BST: Sport Bild reports that Chelsea defender Matt Miazga is heading to Eintracht Frankfurt on loan, but a source close to Miazga said: "There are numerous clubs interested in Matt. It's up to him and the club to find the best fit."

16:58 BST: This is the sort of thing that Everton can expect from new signing Ashley Williams:

16:54 BST: Marko Pjaca has said joining Juventus is a key step in his career, giving him the opportunity to train and play with some of the best in the business and win trophies.

The Croatian midfielder, who joined from Dinamo Zagreb is one of five high-profile signings the Bianconeri have made this summer as they bid to transform their domestic dominance into Champions League success.

16:33 BST: DONE DEAL And so the deal is done -- Ashley Williams, the Swansea and Wales captain, has become an Everton player, signing a three-year deal.

Everton saw an opening £10 million bid for Williams, 31, rejected earlier this month but on Tuesday sources told ESPN FC the two clubs were close to finalising a fee in the region of £12m, with the player due to have a medical that afternoon.

16:05 BST: Sky Sports reports that Dundee striker Greg Stewart has rejected a move to Birmingham City, who had seen a £500,000 offer for him accepted.

15:43 BST: Could Premier League champions Leicester City be set to add sought-after Santos striker Gabriel Barbosa to their ranks (see Paper Talk below)?

Yes, they could, reports UOL, which says agent Wagner Ribeiro has confirmed that the Foxes have offered €27m for the 19-year-old.

That puts their bid above Inter Milan's €25m and the €20m tabled by Juventus and Atletico Madrid.

15:38 BST: DONE DEAL Goalkeeper Conrad Logan has made a return to Rochdale:

15:26 BST: Sky Sports reports that Crystal Palace are in talks with Everton about the potential loan signing of striker Oumar Niasse.

Niasse, Everton's third most expensive signing for £13.5m, only arrived from Lokomotiv Moscow in January but managed just 152 minutes of competitive football. He was not given a squad number for the new season.

14:54 BST: Defender Alvaro Arbeloa, without a club since leaving Real Madrid at the end of last season, could move to Espanyol and has informed them of his interest, AS has reported.

It says the club "need to decide if they will negotiate with him or look for other options."

14:51 BST: How much??? Well, we're living in the era of the big price tag -- and here comes another example.

The Telegraph reports that Arsenal's hopes of signing Lyon striker Alexandre Lacazette could be ended on Thursday, when the French club are "expected to inform them that the transfer fee now being demanded for the striker has risen to a staggering €70m (£59.9m)."

14:30 BST There's a DONE DEAL at FC Midtjylland, who have completed the signing of former Tottenham and Real Madrid midfielder Rafael van der Vaart.

14:25 BST: A lot of big name players are facing uncertain futures at clubs including Manchester United, Liverpool, Manchester City, West Ham and Everton.

ESPN FC looks at 10 of the top players in this position ahead of the new season.

14:12 BST: Real Madrid president Florentino Perez doesn't seem too upset about missing out on Paul Pogba to Manchester United. 

Following the European Super Cup win against Sevilla, he said: "We've got an extraordinary squad. We've still got to work very hard and our ambition is always to win it all. We've got a great player in every position on the pitch.

"Up until Aug. 31 anything can happen, but we're really satisfied with the players that we've got. It's very difficult to improve our squad."

13:50 BST: Burnley chairman Mike Garlick has said the Premier League new boys want to bring in three or four more new signings before the transfer window begins.

He explained: "The aim is to get three or four players in minimum in three weeks. We're getting closer. We're looking to get three or four in, we've probably got at least nine or 10 targets to get those three or four."

13:37 BST: There have been plenty of incomings at Newcastle during the window so far, but could there be an exit for defender Paul Dummett?

The Chronicle reports that Burnley want to sign Dummett, with Clarets manager Sean Dyche an admirer of the Wales defender.

13:32 BST: Former West Ham striker Carlton Cole has joined U.S. third division club Sacramento Republic until the end of the season, the Sun reports.

13:14 BST: Everton have rejected a Sunderland attempt to include Phil Jagielka as part of a deal for Lamine Kone, sources have told ESPN FC.

New Sunderland boss David Moyes signed Jagielka from Sheffield United in 2007 when he was in charge of Everton and is keen to be reunited with his former captain.

13:11 BST: Juventus have reached agreement with Belgium international Axel Witsel over a move from Zenit, Corriere dello Sport reports.

13:05 BST: Former Manchester United boss David Moyes has agreed a deal to sign defenders Paddy McNair and Donald Love from Old Trafford, the BBC reports.

Northern Ireland international McNair, 21, and Love, 21, are thought likely to sign four-year contracts and the deal will be worth about £6m.

12:50 BST: Pen to paper at Celtic Park:

12:45 BST: Talks between Tottenham and Marseille over the £11m transfer of Georges-Kevin Nkoudou have broken down, the Guardian reports.

It says the negotiations have stalled because the French club are unhappy with Daniel Levy's proposed payment plan. Lille's Sofiane Boufal could now be an alternative target.

12:35 BST: Chelsea youngster Marco van Ginkel has confirmed that he will not rejoin PSV Eindhoven on loan this summer because of the lingering effects of a knee injury.

"Because of physical problems, it unfortunately is not possible for me to join PSV again," Van Ginkel wrote alongside a video posted on Instagram.

12:18 BST: Swansea could be set to sign a second Spanish striker, having already signed Fernando Llorente, with Borja Baston in talks to sign from Atletico Madrid in a club-record deal.

The 23-year-old spent last season on loan at Eibar scoring 18 times in 36 appearances.

12:06 BST: Jurgen Klopp believes the transfers of Jordon Ibe and Brad Smith to Bournemouth are good business for Liverpool because of the buy-back clauses inserted in the deals for the pair.

He told the Liverpool Echo: "We will watch them, they will have pressure there, they will fight for the league or whatever, and we will see them growing up in pressure situations. That's perfect.

"If a player is on loan it's different. It's like going on holiday. You can always go home. That's difficult for these guys as they are always between clubs. Now Smith and Ibe are there and we have buy-back clauses. Hopefully they do really well and then in the end we and them will decide."

11:49 BST: Frank De Boer's two main targets at Inter Milan will be to keep Mauro Icardi at the club and challenge Juventus for the Serie A title, according to the front page of Wednesday's Gazzetta dello Sport.

11:39 BST: Slaven Bilic has said that keeping Dimitri Payet at West Ham this summer shows how serious the club is about challenging the top teams.

"In keeping Dimitri Payet we have shown the club is serious and trying to get to another level, as much or even more than with the new stadium," he told Sky Sports News.

"West Ham was always labelled as a club that has to sell its best players, be it Frank Lampard, Rio Ferdinand or whoever. But we have kept Dimi, and we have shown to everyone that the club is thinking seriously."

11:19 BST: Sources have confirmed to ESPN FC that Middlesbrough are interested in signing James Chester from West Bromwich Albion. The 27-year-old signed a four-year deal with the Baggies last summer after joining in an £8m deal from Hull.

11:03 BST: Real Madrid coach Zinedine Zidane has played down speculation over James Rodriguez's future after he was omitted from the starting lineup for Tuesday's European Super Cup win over Sevilla.

Zidane said his lineup had been chosen based on fitness, pointing out that key midfielder Luka Modric had also been a substitute as he too had joined preseason training late following international commitments this summer.

10:40 BST: There's been a DONE DEAL at Fiorentina. The Serie A side have completed the capture of Carlos Sanchez on a season-long loan from Aston Villa. 

10:32 BST: Former Chelsea and Real Madrid defender Ricardo Carvalho, who was in Portugal's squad for their European Championship win this summer, has been released on a free transfer by Monaco.

"We discussed it and we have decided not to renew his contract," Monaco vice-president Vadim Vasilyev said at a news conference. "But I'd like to take this opportunity to thank him for what he has done for AS Monaco.

10:18 BST: Juventus have plenty of options lined up to replace Paul Pogba, including Nemanja Matic, Blaise Matuidi, Isco, Luiz Gustavo and Axel Witsel but who would be the best fit? Mina Rzouki rates them to find out.

10:01 BST: West Ham manager Slaven Bilic has been speaking to the club's official website about their transfer activity so far this summer.

The Hammers have signed Andre Ayew, Havard Nordtveit, Sofiane Feghouli, Gokhan Tore, Arthur Masuaku, Ashley Fletcher, Antonio Martinez and Domingos Quina have all arrived to add further strength to a squad that finished seventh last season.

Bilic said: "We are very pleased as we have done very good business with Nordtveit and Feghouli, who are great players and came on free transfers, which is really great for us to get them. Then we got a loans with Tore and two or three days ago we completed the deals with Ayew and with Masuaku from Olympiakos." 

09:41 BST: Sunderland defender Lamine Kone is a reported target for Everton, and if that move happens the Chronicle reckons the Black Cats will go for Anderlecht's Kara Mbodji or Blackburn's Shane Duffy to replace him.

09:27 BST: Sunderland manager David Moyes will return to his former club Manchester United to sign young defenders Paddy McNair and Donald Love, according to the Times. It is reported both players are not in Jose Mourinho's plans this season opening the door for a move.

09:12 BST: Crystal Palace could be set to add two new attackers to their squad this week with Christian Benteke and Hal Robson-Kanu lined up, the Mirror reports.

Kanu, a free agent after leaving Reading, would come in to replace Yannick Bolasie who could join Everton. While Benteke would join from Liverpool in a deal worth around £32m.

08:57 BST: Claudio Ranieri has signed a new contract with Leicester City until 2020.Claudio Ranieri has signed a new contract with Leicester City until 2020. Story here.

08:40 BST: Lyon president Jean-Michel Aulas has confirmed that West Ham want to sign winger Rachid Ghezzal. Story here.

08:20 BST: ESPN FC's James McNicholas says Arsenal need a Mesut Ozil-type signing to save their summer transfer window. Read that one here.

08:04 BST: Arsene Wenger has been saying what he usually says about Arsenal's transfer plans. "What we respect still is that we spend the money we have," he told Sky Sports News. "What we have to do is to find the quality of the players who are available." Read more from Wenger here.

07:38 BST: Manchester United midfielder Bastian Schweinsteiger is attracting interest from English clubs, according to the Press Association, while Juan Mata is reportedly likely to stay at Old Trafford. Story here.

PAPER TALK: Leicester after 'the next Neymar'

Leicester are ready to join the hunt for Santos starlet Gabriel Barbosa, and the Mail suggests they will part with £23 million to get their man.

Gabigol, the subject of interest from Juventus and Inter Milan, is one of South America's brightest young talents.

The Foxes hope to bring the 19-year-old, currently playing with the Brazil national team at the Olympics, to the Premier League.

Everton might spend some of their windfall from the John Stones' sale to bring Yannick Bolasie to Goodison Park.

Bolasie to make huge move to Toffees

Everton have pocketed a huge windfall from the £47.5m sale of John Stones to Manchester City and are set to reinvest some of that money in Crystal Palace winger Yannick Bolasie.

Sources have told ESPN FC that a £30m deal is close, and Everton could throw in Oumar Niasse to complete the package.

Niasse joined Everton for £13.5m in January but has barely featured for the Merseysiders.

Kone to replace Stones

Everton are determined to strengthen after losing Stones to Manchester City.

However, the Toffees and Ronald Koeman will reportedly target a different type of defender in Sunderland's Lamine Kone, who only joined the Black Cats in January.

Everton have bid £18 million for the Ivorian, who will hold discussions about a move to Goodison.

Tap-ins

West Ham will buy a second Algeria international after Sofiane Feghouli this window, according to L'Equipe.

The Hammers want Lyon's Rachid Ghezzal and will bid £6.85m for the 24-year-old winger.

- David Moyes is eyeing goals and wants to raid Norwich for Scotland forward Steven Naismith, the Star reports.

Having worked with each other at Everton, the pair could team up again, and the Black Cats are thought to be ready with a bid of £8 million for the former Rangers star.

Lorenzo Insigne's agent has said the midfielder will ask to leave Napoli after rejecting a new deal from the only club he has ever known.

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