2310: Sir Alex Ferguson is poised to make an astonishing move in the transfer marker by bringing injury-prone striker Michael Owen to Manchester United on a free transfer. Full story: Telegraph
2243 BST: Liverpool are among several clubs interested in signing Udinese playmaker Gaetano D'Agostino, who is valued at £15.4m.
Full story: The Times
2240 BST: A group of potential buyers, thought to be from Malaysia, have been given a tour of Newcastle's facilities. (Press Association)
1528 BST: Bayern Munich insist French international Franck Ribery will not be sold to Real Madrid.
"This is how I interpret Franck's statement: either Real or nothing. And our clear response is: Nothing," Bayern chairman Karl-Heinz Rummenigge told the Munich daily TZ website. "We are not anxious. Franck is staying."
1203 BST: Aston Villa have dismissed speculation linking them with a move for Wigan defender Titus Bramble, reportedly worth £3.5m plus midfielder Barry Bannan. (Press Association)
1156 BST: Lyon want Real Madrid's Dutch striker Ruud Van Nistelrooy to replace Karim Benzema who has agreed to join the Spanish side. Full story: Marca (in Spanish)
1124 BST:Barcelona are set to bid £17m for Liverpool midfielder Javier Mascherano after Barca's technical director received permission from Liverpool boss Rafael Benitez to make an offer. Full story: Mundo Deportivo (in Spanish)
1045 BST: Valencia striker David Villa has disappointed his potential suitors in England by telling Barcelona's technical director Txiqui Begiristain that "I only want to go to Barca" at a secret meeting. Full story: Mundo Deportivo (in Spanish)
Manchester City manager Mark Hughes is facing the prospect of being priced out of signing Everton defender Joleon Lescott. Everton value the centre half at £20m, which is £5m more than Hughes is willing to pay. Full story: Daily Star
Fulham midfielder Clint Dempsey could be set for a £4m move to Everton after turning down the offer of a new contract at Craven Cottage. Full story: The Sun
New Wigan manager Roberto Martinez is keen to sort out a quick deal for Honduras midfielder Hendry Thomas as Sunderland are also interested. (Daily Mirror)
Aston Villa are ready to launch a bid of £3.5m plus midfielder Barry Bannan for Wigan defender Titus Bramble. (Daily Star)
And Villa boss Martin O'Neill is exploring the possibility of signing Middlesbrough's Stewart Downing - even though the winger will be out until October with a foot injury. Full story: Daily Mail
Sunderland manager Steve Bruce is lining up a bid for Reading midfielder Stephen Hunt, and is also close to completing the signing of Chile forward Humberto Suazo. Full story: The Sun
Blackburn manager Sam Allardyce will not be making a bid for Newcastle midfielder Joey Barton. (Daily Star)
Celtic's bid to lure Marc-Antoine Fortune has taken another twist, with the Nancy striker's team-mate Landry NGuemo set to make a switch to Glasgow after agreeing a move. Full story: Daily Record
Arsenal defender William Gallas says he will not sign a new contract with the Gunners and will walk away from the Emirates for free when his deal expires next summer if he is not allowed to leave this year. Inter Milan are interested in the 31-year-old. Full story: Daily Mirror
Chelsea left-back Ashley Cole is on the brink of signing a new four-year deal with the club, which is thought to be in the region of £120,000-a-week. Full story: The Times
Broadcast giants Sky and ESPN have teamed up to force the SPL into agreeing a cut-price bail-out television deal worth less than the previous Setanta contract. Full story: Daily Record
Arsenal chief executive Ivan Gazidis has called for the Premier League to consider a salary cap as a way of encouraging greater competition. Full story: The Guardian
Celtic defender Bobo Balde insists the club owe him more than £200,000 and has taken his case to PFA Scotland, the players' union. Full story: The Herald
Newcastle's players returned to work on Wednesday as the club prepares for life in the Championship.
Striker Obafemi Martins turned up late with midfielder Joey Barton back at the club for the first time since he was told to stay away from the training ground by caretaker boss Alan Shearer. Martins is apparently now on £65,000 a week, after earning a £5,000-a-week pay rise under the terms of his contract. Full story: The Sun
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