Check back here for transfer gossip updated daily
-Last updated 8.7.2008

 Inter Milan have made an official £6.5m opening offer for Chelsea midfielder Frank Lampard.

Chelsea are ready to bid £75m for AC Milan’s Brazilian playmaker Kaka after their initial “astronomical” bid was turned down. 

Another Brazil superstar, Barcelona’s Ronaldinho, has turned down a move to Manchester City, despite the offer of a salary of £200,000 a week.

Ronaldinho will join AC Milan, says Brazil boss Carlos Dunga.

Real Madrid president Ramon Calderon has insisted his club are odds-on favourites to sign Manchester United’s Cristiano Ronaldo.

But Calderon has said any deal for the £70m-rated winger is off until he proves his fitness after he undergoes ankle surgery.

Arsenal, Tottenham and Aston Villa are battling to sign Real Madrid midfielder Ruben de la Red.

Blackburn want to sign Fulham midfielder Steve Davis, who was on loan at Rangers last season.

Tottenham full-back Pascal Chimbonda will this week seal an £8m switch to Valencia.

Liverpool hope to tempt Aston Villa to part with Gareth Barry by adding Steve Finnan to their existing £15m offer for the England midfielder. 

Manchester United and Arsenal are locked in an £18m battle to sign Ajax striker Klaas-Jan Huntelaar.

Newcastle are preparing a £4m bid for Switzerland international midfielder Gokhan Inler.

Portsmouth have sealed a club record £10m deal for Liverpool striker Peter Crouch.

Pompey boss Harry Redknapp will now sell striker David Nugent to Hull for £3m.

Redknapp is also preparing to make moves for Reading full-back Nicky Shorey and Tottenham defender Younes Kaboul.

Fulham are leading the chase to capture Rosenborg full-back Fredrik Stoor, who is also wanted by Blackburn, Manchester City and Wigan.

Russia playmaker Andrei Arshavin is stalling on a move to Arsenal, while the futures of Alex Hleb and Emmanuel Adebayor are uncertain.

Adebayor is wanted by Barcelona and the Spanish giants are set to push on with their pursuit. 

Arsenal chairman Peter Hill-Wood says the club will not sell Adebayor but admits Hleb may leave.

But if Adebayor does move, the Gunners will try to sign Blackburn’s Roque Santa Cruz.

Hull manager Phil Brown is set to bid £1.4m for QPR midfielder Martin Rowlands.

Brown also wants Dutch striker Roy Makaay, who is available from Feyenoord for £1,5m, and £3m-rated Wolves midfielder Seyi Olofinjana.

Bolton’s young German midfielder Kevin Wolze plans to sign for Bundesliga side Wolfsburg.

Bolton and Middlesbrough want to sign Reading’s £3.5m-rated midfielder James Harper.

Wigan boss Steve Bruce has pulled out of the race for Croatia striker Ivan Klasnic after the player said it is too cold for him in England.

Birmingham are determined to hold on to James McFadden, who is wanted by Blackburn and Celtic.

Watford say defender Danny Shittu is not for sale, despite interest from Premier League clubs and Scottish giants Rangers and Celtic.

Romania left-back Razvan Rat is keen to join Celtic this summer from Shaktar Donetsk after visiting Celtic Park twice during Champions League matches.

Wolves have switched their attentions away from Christophe Berra to Norwich’s Jason Shackell after Hearts turned down a £1.5m offer.

Leicester chairman Milan Mandaric is ion the verge of completing an £800,000 deal for CSKA Sofia defender Aleksander Tunchev.

Carlisle striker Joe Garner will join Nottingham Forest this week in a £500,000 deal.

Burnley are set to beat off competition from Cardiff to sign Dutch midfielder Remco van der Schaaf.

But the Bluebirds are set to lose striker Robbie Fowler, who will join Dubai club Al-Ahli.

Cardiff central defender Glenn Loovens is stalling on new contract talks because he is eyeing a move to the Premiership.

Swansea have targeted youngsters Scott Sinclair (Chelsea) and Adam Hammill (Liverpool) on loan deals, while goalkeeper targets include Crewe’s Owain Fon Williams and Swindon’s Peter Brezovan.