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Arsenal target Shkodran Mustafi priced at £50m, Hart on his way out

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.

TOP STORY: Gunners must pay £50m for Mustafi

Arsenal's mooted move for Valencia defender Shkodran Mustafi already seems to have been going on for ages -- and now it seems the Gunners have found out just how deep they will have to dig to end up signing him.

Valencia will demand £50 million for Mustafi, according to the Mirror, and intend to use some of that to make a move for Chelsea's Spain winger Pedro.

Arsene Wenger, the report says, "decided to walk away from Mustafi because of the price" -- but it turns out that may not be the end of the matter.

A transfer "could be rescued because Valencia need the cash," and Arsenal have sent negotiators to Spain in order to try and thrash out a deal, with the manager optimistic that something can be done.

The Gunners are reported to be willing to pay somewhere around £25 million for Germany international Mustafi.

But if a deal can't be struck, Wenger is still interested in West Bromwich Albion's Jonny Evans -- although Baggies boss Tony Pulis has said he doesn't want to sell.

LIVE BLOG

23.09 BST: That brings Monday's live edition of Transfer Talk to a close. Thanks very much for joining us, and please check back in a few short hours when we return with the best gossip plucked from Tuesday's headlines.

22.56 BST: Everton are in discussions with Deportivo La Coruna over a £15m deal that would bring striker Lucas Perez Martinez to Goodison Park, the Telegraph reports. The 27-year-old scored 17 La Liga goals last season, and scored the winner in Deportivo's victory over Eibar on Friday.

22.34 BST: Manchester United, Juventus, Stoke City and West Brom are all interested in Monaco midfielder Tiemoue Bakayoko, according to the player's agent, the Express cites L'Equipe as reporting. The 22-year-old desires a new contract from the principality club following an impressive 2015-16, and his agent is letting it be known there are interested parties out there should the Ligue 1 side refuse.

22.12 BST: DONE DEAL Ligue 1 side Nice have confirmed the signing of Brazil centre-back Dante from VfL Wolfsburg.

21.49 BST: DONE DEAL West Ham defender Reece Burke has signed a new four-year contract after the 19-year-old was voted Bradford's player of the year following his season on loan with the League One club.

21.27 BST: DONE DEAL Reading have announced the capture of Manchester United defender Tyler Blackett on a three-year contract.

21.05 BST: Sunderland and Watford are interested in signing Atletico Madrid right-back and former Liverpool loanee Javier Manquillo, according to Spanish outlet Mundo Deportivo.

20.43 BST: Fulham manager Slavisa Jokanovic is considering quitting Craven Cottage after a deal to take Manchester United starlet Andreas Pereira on loan was blocked, allegedly by data analyst Craig Kline -- a friend of owner Shahid Khan's son -- according to the Mirror.

20.21 BST: DONE DEAL Burnley's Rouwen Hennings is heading back to Germany for the remainder of the season after agreeing a loan deal with Fortuna Dusseldorf.

19.59 BST: The Sun reports that Olympiakos have signed former Germany youth international Marko Marin on a permanent deal from Chelsea, four years after signing for the Premier League club, and having made just six league appearances in that time.

19.37 BST: An update on Arsenal's interest in West Brom centre-back Jonny Evans comes from the Telegraph, who report that the Baggies are "unwilling to even consider selling" for less than £25m and value the former Manchester United man at nearer to £30m.

19.15 BST: Arsenal and Chelsea are set to do battle over Velez Sarsfield prodigy Naza Bazan Vera, according to the Sun. The 17-year-old is set to break through the Argentine club's first team after impressing enough in their youth ranks to earn comparisons to Paulo Dybala.

18.52 BST: Aston Villa have made a €10.5m bid for Wolfsburg and Netherlands striker Bas Dost, the Birmingham Mail cites unnamed German outlets as reporting.

18.26 BST: Bologna, Lazio and Chievo are all interested in taking Mario Balotelli away from his Liverpool nightmare, reports Gazzetta dello Sport.

18.04 BST: Chelsea have told Napoli that they have made their final offer, a £40m bid, for centre-back Kalidou Koulibaly, according to the Telegraph. The English report goes on to write that the West London club will now begin pursuing other targets, including Torino's Nikola Maksimovic.

Sky Sports Italia, meanwhile, have reported that Chelsea have already had a €35m bid turned down by AC Milan for 21-year-old Alessio Romagnoli.

17.42 BST: Arsenal very nearly pulled the plug on Joel Campbell's move to Sporting, TalkSport cites Portuguese outlets O Jogo and A Bola as reporting, after the clubs apparently struggled to come to an agreement over how much of the Costa Rican's wages would be paid by the Gunners.

17.20 BST: Simone Zaza is another striker keen on a move to West Ham's new Stratford home, at least according to the Juventus striker's father.

"We are taking London into serious consideration as his next destination. Simone still has four years on his contract and would happily remain in Turin to give his contribution," Zaza Snr has said.

17.00 BST: West Ham are being linked with a move for Manchester City striker Wilfried Bony after missing out on Christian Benteke.

16.39 BST: Napoli are rivalling Hull City for the signature of striker Nemanja Nikolic from Legia Warsaw, according to ESPN sources.

16.15 BST: Inter Milan's attempts to sign Joao Mario from Sporting Lisbon are being held up by FFP regulations, according to Javier Zanetti in the Italian media.

16.10 BST: Joe Hart is on his way to Everton if the bookies are to be believed, with odds-on 4/11 the best price at the time of writing.

Will Hart move permanently or on loan? That is the big question.

15.50 BST: The Daily Record are reporting that Livingstone's high-rated youngster Matthew Knox is currently on a second trial at Manchester United after impressing club officials on his first visit. 

Knox became the youngest player to appear for Livingstone last December, aged 16, and has attracted interest from a host of clubs north and south of Hadrian's Wall.

15:.25 BST: Mainz are keen on bringing Arsenal's Serge Gnabry to the Bundesliga on loan after the midfielder's impressive displays in the Olympic tournament, according to reports in the German media.

15.10 BST: Newcastle's Siem de Jong has moved to PSV on loan.

14.58 BST: Jurgen Klopp is not impressed with all of the transfer frenzy in the Premier League, after being quizzed on whether he needs reinforcements after losing to Burnley.

"I really wait for the day when finally the transfer window is closed because I can't believe how obsessed you all are with this and that you don't believe for a second in improving things on the training pitch," Klopp said.

14.47 BST: Adel Taarabt is reportedly pushing for a move away from Benfica, where he has struggled to settle. Marseille is the midfielder's likeliest destination.

14.30 BST: Mundo Deportivo are reporting that Barcelona will allow goalkeeper Jasper Cillessen to play for Ajax in the Champions League on Wednesday, despite already agreeing a deal for the player.

Any involvement in the qualifier won't affect Cillessen being registered in the same competition for Barca. The Dutch stopper is set to complete his move to the Nou Camp by Friday.

14.10 BST: With Dante set to join Nice, Wolfsburg have again been linked with versatile Borussia Dortmund defender Matthias Ginter.

German magazine Kicker say the club have received positive signals from the player, but Dortmund have yet to agree to a transfer. Ginter has also been linked with RB Leipzig.

13.46 BST: Jordan Veretout should finalise a loan move from Aston Villa to Saint-Etienne on Monday, according to the French club's sporting director Dominique Rocheteau.

"He's a young player," Saint-Etienne manager Christophe Galtier said on Sunday. "He's coming off a difficult season but he has the advantage of knowing the league well. He has good legs and he's a good passer. I hope he'll blend in with the squad quickly."

13.27 BST: Another DONE DEAL to announce. Everton's Brendan Galloway has joined West Bromwich Albion on a season-long loan.

13.19 BST: DONE DEAL Wolves have announced a double signing. First up is Cameron Borthwick-Jackson who arrives from Manchester United on a season-long loan.

And the Championship side have also announced the arrival of winger Ola John on loan from Benfica. The 24-year-old spent last season with Reading.

13:04 BST: Jordan Rhodes could be on his way out of Middlesbrough. The striker is not in contention for a regular starting spot at Boro and Wolves are ready to pounce for the striker that cost £12m just last January.

12.32 BST: Brendan Galloway looks set to complete a loan move to West Brom from Everton, according to local reports. The Baggies are also in the hunt for Southampton's talented but injury-ravaged forward Jay Rodriguez.

12.17 BST: Wilfried Bony will leave Manchester City to move to the Chinese Super League in January, the Telegraph claims, but in the meantime West Ham have made an enquiry about signing the striker on loan.

12.02 BST: Manchester United remain interested in Southampton defender Jose Fonte, and their acquisition of the Portugal international could lead to Phil Jones leaving Old Trafford to join Stoke, the Manchester Evening News reports.

11.40 BST: Arsenal's Serge Gnabry is again linked with a number of clubs in Germany by kicker, who mention Hertha Berlin and RB Leipzig as potential suitors.

11.12 BST: Tottenham are interested in signing Barcelona  forward Munir, according to Sport.With Barcelona in the market for a new striker the 20-year-old could find his chances to play restricted.

It is said the Spaniard has a variety of offers but is waiting to see if Spurs show a firm interest in signing him. However, Barca might prefer him to go to Valencia as part of a deal to sign Paco Alcacer.

10.55 BST: West Ham and Watford are interested in signing Netherlands international Daryl Janmaat from Newcastle, sources close to the club have told ESPN FC.

10.37 BST: Reading completed the signing of Leicester defender Liam Moore at the weekend and Manchester United's Tyler Blackett could follow him in joining the club after he was spotted at the Royals' game against Brighton.

Speaking about Reading's interest in Blackett, manager Jaap Stam, a former United defender, said: "We're still looking for a couple of signings. I know Tyler, not personally, but I know what he can do - what type of player he is, the way he can play.

"But I don't know yet if it's going to happen. We've shown our interest but I don't know if we will succeed getting him to the club."

10.25 BST: Sevilla have made a €7M offer for Rennes winger Kamil Grosicki, according to L'Equipe

The Poland international, 28, is also wanted by Lazio, West Ham and Schalke. Everton showed an interest in the player during Euro 2016 with the player reportedly dreaming of a move to England.

10.11 BST: Wolves are closing in on the loan signing of Manchester United defender Cameron Borthwick-Jackson, sources have told ESPN FC.

09.52 BST: Arsenal manager Arsene Wenger has confirmed that Valencia defender Shkodran Mustafi is a potential transfer target for the Gunners.

"Listen, we have a good few options," Wenger told French TV channel SFR Sport following Arsenal's 0-0 draw at Leicester on Saturday. "He's one of them but it's being negotiated behind the scenes."

09.38 BST: Citing Turkish press agency Anadolu, French site Foot Mercato says Emmanuel Adebayor and Mathieu Flamini are expected to sign for Turkish Super League side Rizespor.

09.21 BST: L'Equipe says Tottenham have still not signed off on deals that would see Clinton Njie leave on loan for Marseille and Georges-Kevin Nkoudou move in the opposite direction for €11m. The paper says that Njie, 23, has had no news from Spurs on the transfer and that the Cameroonian attacker's former club Lyon have not lost hope of signing him, especially if their winger Rachid Ghezzal leaves for Everton.

09.04 BST: Patrick Vieira has told The Times that Arsenal should reinforce the squad to address the longstanding lack of physical presence and leadership in the team. Story here.

08.42 BST: Schalke are being linked with unwanted Tottenham midfielder Nabil Bentaleb by local outlet DerWesten

08.20 BST: Swansea City midfielder Leon Britton, 33, has signed a contract extension until 2018.

08.04 BST: El Mundo Deportivo reports that Barcelona want to complete the sale of Claudio Bravo to Manchester City by Thursday -- the same day they expect to acquire the Chilean's replacement, Jasper Cillessen, from Ajax.

07.43 BST: Inter Milan are close to agreeing terms with Newcastle winger Moussa Sissoko, according to France Football. The magazine says that the Italian club will make an offer of €35 million in the hope of signing the player in the coming days.

07.18 BST: Wolfsburg defender Dante has arrived in Nice and will carry out a medical at the French club on Monday, according to Nice Matin. The Brazilian, 32, is set to sign a three-year deal in order to be reunited with Lucien Favre, whom he worked under at Borussia Monchengladbach.

Hart 'moves closer to Everton switch'

It now seems clear that Joe Hart has no future at Manchester City -- and the Telegraph reports that Everton is his likeliest next destination, either on loan or permanently.

With City close to wrapping up a deal for Barcelona's Claudio Bravo, the Telegraph says Hart is "aware of an offer from Everton" and is considering it.

Goodison Park manager Ronald Koeman wants a new No. 1 to be among the three new signings he intends to make before the window closes.

Sporting Lisbon's Rui Patricio is also in the frame, but Hart's "sudden availability and Premier League experience has made him a realistic option."

The Merseysiders, though, are not the only ones interested in Hart -- Borussia Dortmund, searching for a long-term replacement for Roman Weidenfeller, are also in contention.

However, they may not be willing to pay an asking price expected to be somewhere in the region of £20 million.

Meanwhile, the Mirror says that although Guardiola "will shuffle his pack in the Champions League this week," Hart's "painful exile" will continue.


Does Barbosa believe Barca's best?

He has been linked with Manchester United in recent days, but it seems Gabriel Barbosa is keener on Barcelona.

The Sun reports that the sought-after Santos forward, a gold medal winner with Brazil at the Rio Olympics, would rather team up with international colleague Neymar at the Camp Nou than join Jose Mourinho's United.

Speaking after the gold medal match, the 19-year-old said Neymar was "a great player, and playing alongside him would truly be beautiful."

He added that he would "return to Santos and think about what I should do."

Last week, the Sun said United were "ready to blow the opposition out of the water" by tabling a £30 million bid for the player known as "Gabigol."

No Klopp panic despite Burnley setback

Liverpool manager Jurgen Klopp was not in the best of moods after his side slumped to a 2-0 defeat at Burnley on Saturday -- and who's to blame him? -- but stressed it didn't mean he would plunge back into the transfer market.

Klopp, whose side had won 4-3 in a see-saw opening game at Arsenal before slumping at Turf Moor, told reporters: "If one game should change my mind then I would be a real idiot."

The Anfield boss has been told he has money available for further signings before the window closes, but has ruled out a move for a left-back and rejected suggestions he could look to strengthen his midfield.

Tap-ins

- A flurry of transfer activity could be looming at West Brom, says the Telegraph, which reports that the Baggies have launched a bid for Southampton striker Jay Rodriguez and want other signings to follow.

Among those interesting them are Leicester's Jeffrey Schlupp, who could leave the Premier League champions in search of regular first-team football, and Leeds defender Charlie Taylor.

- West Ham manager Slaven Bilic, who guided his side to a narrow win over Bournemouth in their first home game at the London Stadium, wants to add another new face to his squad -- but only if that face is the right one.

Bilic told Sky Sports after the game: "We are going to try to get one. The chairman will get one if we find the proper one, but it's very hard now. If we get one, it has to be a good one."

- Are two more signings on the cards for busy Aston Villa?

The Birmingham Mail, citing club owner Dr Tony Xia's Twitter account, reports that Villa are close to securing the signatures of an unnamed new striker and full-back. That would bring the club's tally of summer additions to eight.

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