Updated

Each day we'll bring you the very latest tabloid rumors as the biggest clubs around look to splash the cash to bolster their rosters. True or not, they're always entertaining...

Manchester United boss Louis van Gaal's chances of bringing club legend Cristiano Ronaldo back to Old Trafford have collapsed after Real Madrid told them he would cost £85m.

Leicester City are prepared to pay £11m to sign Chile midfielder Charles Aranguiz from Brazilian club Internacional. Bayer Leverkusen and Marseille are also interested.

Chelsea will return with a fresh bid for John Stones after Everton rejected their second offer of £26m - but Manchester City are ready to join the chase to land the England defender.

Swansea have slapped a £25m price tag on captain Ashley Williams to fend off interest from Premier League rivals Crystal Palace.

Sunderland boss Dick Advocaat is eyeing a reunion with Ola Toivonen, who he worked with during his time at PSV Eindhoven.

Bologna are interested in taking Liverpool misfit striker Mario Balotelli back to Italy.

Northampton Town striker Ivan Toney prefers a move to Newcastle United despite interest from Championship clubs.

Manchester United boss Louis van Gaal has abandoned the traditional pre-season friendly at Old Trafford to ensure his players are ready for the new campaign, which begins at home against Tottenham on August 8. But the Dutchman has organised a behind-closed-doors, 11-a-side game for his players next week, to make sure they are match-sharp.

Ashley Young is seeking showdown talks with Manchester United over a new contract.

Former Arsenal midfielder Abou Diaby - who has joined Marseille - rejected the opportunity to join Liverpool who made a formal approach to sign the injury-prone enforcer on a pay-as-you-play style deal.

Chelsea's Mohamed Salah has touched down in Italy ahead of his move to Roma.

Meanwhile, Turkish club Galatasaray have put a £7m price tag on Chelsea target Alex Telles.

Arsenal have completed the signing of gifted 16-year-old Ajax frontman Donyell Malen.

Nantes midfielder Jordan Veretout is expected to fly into England in the next 48 hours to decide on a move to the Premier League with Aston Villa working towards an agreement.

Sergio Ramos is close to signing a new contract with Real Madrid, according to reports. Spanish newspaper Marca report a deal has been agreed in principle to keep the centre-back - heavily linked with Manchester United - at the Bernabeu until 2020.

Arsenal have turned down Palermo's opening £3.5m bid for out-of-favour striker Joel Campbell. Arsenal are holding out for at least £7m for the Costa Rica international, who is also attracting interest from Spain.

Meanwhile, the Gunners are planning to make a move for Barcelona's 27-year-old midfielder Sergio Busquets.

Newcastle have resurrected their interest in Marseille's 22-year-old winger Florian Thauvin, with the French side having already turned down a £12m bid.

West Bromwich Albion are closing on their third summer signing with striker Rickie Lambert set to join from Liverpool.

Steven Caulker wants to prove himself at Southampton after enduring back-to-back Premier League relegations with Cardiff City and Queens Park Rangers.

Louis van Gaal could be forced to undertake a gruelling pre-season trip to China next summer with Manchester United's major sponsors increasingly keen to exploit the club's commercial power in the Far East.

Liverpool striker Rickie Lambert, 33, could be set for a reunion with former Southampton manager Mauricio Pochettino at Spurs, with West Brom also interested.