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Transfer round-up: Madrid offer Coentrao in Bale part-exchange

Real Madrid are expected to offer the Portuguese defender Fabio Coentrao as part of a proposed world-record transfer deal for Gareth Bale. The Tottenham forward pulled out of his side's squad for last night's 5-2 friendly defeat by Monaco ahead of a potential £105 million move to the Spanish capital.

Luis Suarez in action during Steven Gerrard's testimonial as Liverpool take on Olympiacos

Transfer new: Brendan Rodgers repeats Luis Suarez is not for sale and that he is worth a lot more than what Arsenal have offered

Reds manager claims that if Gareth Bale is worth £100m, then Arsenal will need to bid close to that mark for a similarly-talented player

Steven Gerrard poses with his daughters before his testimonial against Olympiacos

Transfer news: Steven Gerrard says he turned down move to Bayern Munich to stay at Liverpool - and wants Luis Suarez to do the same

Liverpool captain could have joined Champions League winners last season, but chose to remain at Anfield because of the value of the club's tradition

Steven Caulker has signed a four-year-deal in a club record transfer to Cardiff City

Transfer news: Malky Mackay praises 'brave' Steven Caulker for swapping comfort of Tottenham for challenge with Cardiff City

Premier League new boys completed £8m signing of the England international earlier in the week

New West Brom signing, Diego Lugano

Transfer news: West Bromwich Albion sign Uruguayan international defender Diego Lugano from PSG

The 32-year-old is considered a coup for the club and will bring a wealth of experience to the Hawthorns

Clint Dempsey will leave Tottenham after they confirmed a deal had been agreed with Seattle Sounders

Transfer news: Clint Dempsey looks to be on his way out of Tottenham after they confirm deal with Seattle Sounders

The USA international looks set to leave this week in a deal worth up to £6m

Cesc Fabregas scores Barcelona's sixth goal against Santos in the pre-season Gamper Cup

Transfer news: Gerardo Martino deals another blow to Manchester United after he confirms Cesc Fabregas will not leave Barcelona

New Barcelona boss was speaking after the midfielder scored a double against Brazilian side Santos

Bafetimbi Gomis should sign for Newcastle this weekend

Wigan's James McCarthy next in line with Bafetimbi Gomis on verge of Newcastle switch

Magpies could make a move for £15m rated midfielder after agreeing a deal with Lyon for striker Bafetimbi Gomis

Andre Villas-Boas, left, has got the best out of Gareth Bale

Gareth Bale tells Spurs boss Andre Villas-Boas he would like to work with him in the future

Spurs winger has a good relationship with his current manager despite his impending transfer to Real Madrid

New West Brom signing, Diego Lugano

Diego Lugano signs for West Bromwich Albion

Uruguay defender Diego Lugano has announced he is leaving Paris Saint-Germain to join West Bromwich Albion.

A sodden Arsène Wenger during Arsenal training this week

Luis Suarez must behave if he joins Arsenal, warns Arsène Wenger

Manager remains coy over striker's potential arrival but defends Gunners' quiet summer

Diego Costa celebrates scoring for Atletico Madrid

Transfer news: What do we know about Liverpool target Diego Costa? For one thing he's not shy of controversy...

The Brazilian international is a fiery character who has a record to challenge Luis Suarez

Cristiano Ronaldo acknowledges the fans as Real Madrid play LA Galaxy

Transfer news round-up: Cristiano Ronaldo to make shock return to Manchester United; Stoke want Scott Sinclair; Roberto Soldado keen on Gareth Bale link-up

We select today's top transfer stories plus bring you a club-by-club guide to the latest rumours

Gareth Bale

Transfer news: £105m for Gareth Bale? 'You're having a laugh' according to Arsene Wenger as speaks on Real Madrid offer for the Tottenham ace

Arsenal boss thinks that such a fee makes a mockery of the Financial Fair Play regulations implemented by Uefa to prevent such deals

Arsene Wenger and Luis Suarez

Transfer news: Arsene Wenger confirms Arsenal pursuit of Luis Suarez continues - but vows to keep negotiations with Liverpool 'amicable'

Gunners boss is yet to make a significant signing this summer having seen two bids rejected for the Liverpool striker

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