Manchester United want to sign 24-year-old Paris St-Germain defender Serge Aurier as negotiations stall with Monaco over 23-year-old Fabinho. (Independent)

Former United winger Gabriel Obertan, 28, is set to leave Bordeaux and sign for Bulgarian side Levksi Sofia. (France Football - in French)

Bournemouth have rejected loan bids from Toulouse and Sunderland for 29-year-old winger Max Gradel. (Daily Mail)

German club Werder Bremen have offered to take Manchester United forward Anthony Martial, 21, on loan. (Kicker - in German)

Lyon forward Maxwel Cornet, 20, has turned down an offer from Watford. (L'Equipe - in French)

The Hornets are also interested in signing Benfica's 26-year-old Peru winger Andre Carrillo. (Watford Observer)

Morning update - 07:00 BST

Paris St-Germain are set to hold talks with Barcelona over a £196m deal to sign Neymar, Barca's 25-year-old Brazil international forward. (Guardian)

PSG are willing to pay Neymar a signing on fee of £45m and will offer him a five-year contract worth £596,000 a week after tax. (Daily Mail)

Chelsea are holding out for £44m for Atletico Madrid target Diego Costa, 28, after agreeing a deal to sign his fellow striker Alvaro Morata, 24, from Real Madrid. (Independent)

Atletico president Enrique Cerezo has played down talk of an imminent move for Spain international Costa. (Mirror)

Liverpool are ready to bid £70m for RB Leipzig midfielder Naby Keita, having had a £66m offer rejected for the 22-year-old Guinea international. (Mirror)

West Ham are set to sign former Manchester United striker Javier Hernandez, 29, from Bayer Leverkusen. (Sky Sports)

Arsenal have told the Hammers they will have to pay £20m if they want to sign 25-year-old midfielder Jack Wilshere. (Daily Star)

Manchester City are set to sign Real Madrid's 26-year-old Brazilian full-back Danilo for an initial £26.5m. (Guardian)

City are also closing in on a deal to sign Monaco's 23-year-old French full-back Benjamin Mendy. (Times - subscription required)

Manchester United are being linked with Paris St-Germain midfielder Marco Verratti, 24, after the Italian hired Mino Raiola as his agent.(Sun)

The Red Devils are also monitoring Ross Barkley's situation at Everton as they consider a move for the 23-year-old England midfielder. (Mirror)

But Barkley is keen to join Tottenham after hearing glowing reports about manager Mauricio Pochettino. (Standard)

United and Chelsea both looked into signing Barcelona forward Neymar but were put off by the 25-year-old's £196m asking price. (Mail)

Inter Milan have told Manchester United they must include forward Anthony Martial, 21, in any deal for £48m-rated winger Ivan Perisic, 28. (Independent)

AC Milan have said 23-year-old attacking midfielder Suso - a target for Tottenham - is not for sale. (Tuttomercatoweb, via Talksport)

Everton have had a bid accepted for Newcastle United defender Lewis Gibson. The Blues want the 17-year-old to join their under-23s set-up. (Liverpool Echo)

Newcastle have offered out-of-favour forward Aleksandar Mitrovic, 22, to Lyon for £16m. (Foot Mercato, via Talksport)

Nottingham Forest are closing in on a £2m deal to sign experienced striker Daryl Murphy, 34, from Newcastle.(Nottingham Post)

Birmingham have opened contract talks with 21-year-old attacker Che Adams after rejecting a £5m bid for him from Fulham. (Daily Mail)

Aston Villa are closing in on their fourth summer signing - Stoke City midfielder Glenn Whelan, 33. (Birmingham Mail)

PSG will sell midfielder Blaise Matuidi, 30, so long as a suitable replacement can be found. (L'Equipe - in French)

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Meanwhile...

Manchester City fans were left angered after being told to watch the club's stateside derby against Manchester United on their' rivals in-house television channel. (Independent) 

Twitter has produced a special worker bee emoji for Thursday's Manchester derby in Houston. (ManUtd.com)

Vincent Tan is ready to sell Championship club Cardiff City for £30m, seven years after taking control. (Daily Star)

Spurs are off on their pre-season tour of the US - and Dele Alli is already up to his old tricks...

Vito Mannone sent an emotional message to Sunderland supporters after he joined Championship rivals Reading on a three-year deal. (Sunderland Echo)

Newcastle's Jonjo Shelvey has claimed England are "crying out" for a central midfielder like him, but the 25-year-old fears he has the wrong image. (Mail)

Arsenal right-back Bellerin has been working on his shooting skills in pre-season...

Inside knowledge? Paris St-Germain right-back Thomas Meunier posted on Twitter: "Want to know if Neymar's on his way? Text SIGNINGS to 75016 (£220m per message sent)."

The best of Wednesday's transfer news

Manchester City look set to beat Chelsea to the signing 26-year-old Real Madrid full-back Danilo for a fee of up to £31m. (Mundo Deportivo)

Former Blackburn Rovers and Congo defender Christopher Samba, 33, could earn a contract at Aston Villa for 2017-18 after impressing manager Steve Bruce in training. (Birmingham Mail)

Antonio Conte has become the highest-paid manager in Chelsea's history on £9.5m a year after the 47-year-old Italian signed an improved two-year deal with the Premier League champions. (Evening Standard)

West Ham United and Republic of Ireland goalkeeper Darren Randolph, 30, could join Newcastle United after the Hammers signed Manchester City's Joe Hart on a season-long loan. (Chronicle) 

Stoke City boss Mark Hughes may move for Schalke's Ukraine winger Yevhen Konoplyanka, 27, as a replacement for Marko Arnautovic, who is set to join West Ham. (Stoke Sentinel)

Former Chelsea youth team defender Alex Davey, 22, has joined League Two Coventry City on trial. (Coventry Telegraph)