Manchester City are monitoring Daniele de Rossi's protracted contract negotiations at Roma and believe that £5m may be enough to secure a deal for a player in whom manager Roberto Mancini has a keen interest.
Owen Hargreaves concedes he will not be able to rush straight back into action with Manchester City.
Owen Hargreaves has signed a one-year contract with Manchester City.
Joleon Lescott insists Manchester City can maintain their push for honours throughout the season and believes Owen Hargreaves' arrival will only benefit their pursuit of trophies.
Former Manchester United defender Gary Neville hopes to see Wesley Sneijder arrive at Old Trafford this summer - although he has stressed manager Sir Alex Ferguson will not pay over the odds for any player.
Leicester City manager Sven Goran Eriksson is considering signing Owen Hargreaves after seeing clips of the former England and Manchester United midfielder proving his fitness on YouTube.
Owen Hargreaves has taken the unusual step of setting up a YouTube profile to prove his fitness as he tries to return to the game.
Manchester United's Owen Hargreaves, Tottenham's Jonathan Woodgate and West Ham defender Matthew Upson are some of the bigger names to be released by their clubs this summer.
Gary Neville has confirmed his intention to remain at Manchester United for the remainder of the season, as Owen Hargreaves' exclusion from United's Champions League squad leaves it doubtful that he will play for the club again.
Wayne Rooney could return to the Manchester United starting line-up for Sunday's FA Cup third round tie with Liverpool at Old Trafford.
Manchester United striker Michael Owen could be back in time for the festive fixtures.
Given that their first baby is due three days before Christmas, Robert Thornton's wife could be pardoned for taking a suspicious view of his determination to get out of the house. To anyone else, however, the very possibility that he could already be back at work is a matter for undiluted celebration. Told that he might be out for 12 months after a fall at Newton Abbot in July, Thornton is so far ahead of schedule he could even treat a schooling spill yesterday as another significant breakthrough.
Dimitar Berbatov has spoken of being haunted by the price tag which made him Manchester United's most expensive player and revealed the "dark moments" which he has experienced amid his struggle to gain universal recognition at Old Trafford.
Sir Alex Ferguson has revealed Owen Hargreaves is close to a Manchester United comeback.
Fabio Capello has the opportunity to claim the Germany under-21 captain Lewis Holtby as a senior England international if he caps him before the German-born midfielder, who has an English father, plays for Germany's senior team.
Owen Hargreaves' surgeon believes the Manchester United star is close to playing again.