Transfer news live: Real Madrid and Arsenal consider Kylian Mbappe bids plus latest gossip and rumours

Smith cool on Spurs talk

Adam Smith has played down speculation he could return to former club Tottenham Hotspur.

With Kyle Walker nearing a move to Manchester City, there have been rumours that Mauricio Pochettino has identified the Bournemouth full-back as a potential replacement. 

Smith began his career at White Hart Lane before moving to Bournemouth on a permanent basis in 2014, but does not sound especially keen on a return to north London.

"That transfer talk is part of football, all the speculation builds towards the end of every season," he told regional newspaper The Daily Echo.

"It is always nice to be talked about in a positive way, because it means you are doing something right. I would rather that than be getting bad press.

"But I do not take too much notice of it. I am a Bournemouth player and I am planning to have a nice holiday now, then come back here next season. I was [at Tottenham] for a long time but I don't really take any notice of all the talk – a lot of it is rubbish!"

Barca to revive interest in Dembele

Spanish newspaper Mundo Deportivo claim that Barcelona are set to revive their interest in prodigiously talented young Dortmund striker Ousmane Dembele.

The Catalan club first attempted to sign the player last season but missed out on his signature, with the Frenchman deciding to move to the Bundesliga instead.

The 20-year-old has enjoyed a fine debut campaign at the Westfalenstadion, scoring 10 goals and playing in a remarkable 49 matches, leading to renewed talk that Barcelona will again attempt to sign him. 

More Pepe to PSG news...

Arsenal set to seal first new signing

Let's take a trip to Highbury and Islington for some transfer news that should please Arsenal fans.

No, you're not signing Kylian Mbappe - yet - but it appears you are about to get your summer business off and running.

German newspaper Bild report that Sead Kolasinac's move from Schalke is "soon to be announced".

The 23-year-old left back is set to join on a free after the Gunners beat the likes of Manchester City to his signature.

Chelsea face fight for Bernardeschi

We'll stay in London and head westwards for a little bit on the Premier League champions.

Despite sweeping all before them this season manager Antonio Conte is expected to be a busy man this summer as he looks to build a team capable of dealing with the challenge of European football next term.

To that end he is apparently interested in Fiorentina's Federico Bernardeschi but, according to talkSPORT, faces a fight to get him.

They report that both Inter Milan and Juventus are interested too in the 23-year-old who struck 11 times last season.

Perez cagey over De Gea

Real Madrid president Florentino Perez has insisted he’s “not a fortune teller” and has no idea whether David De Gea will be at Manchester United or at the Bernabeu next season.

The 12-time European Champions are desperate to add the Spaniard to their squad for next season as they look to continue their domination of Europe, with United, who have no need to sell the goalkeeper, willing to negotiate.

United believe selling De Gea to Real will give them leverage when it comes to trying to sign a player in return, likely to be Gareth Bale, should they be able to persuade the Welshman to return to the Premier League.

Perez, who has spent three summers chasing De Gea, was unwilling to be drawn on whether he would make a return to La Liga or not.

“De Gea is a great goalkeeper who plays for Manchester United,” he told Atresmedia. “I don't know where he will play next season because I'm not a fortune teller.”

Former Newcastle star Tiote has died

The former Newcastle United player Cheick Tioté has died.

Tioté collapsed during a training session with the Chinese League One side Beijing Enterprises. He was subsequently rushed to hospital, where he was pronounced dead. 

Cheick Tiote's agent Emanuele Palladino confirmed the death of his client and asked that the privacy of the player’s family was respected at this time. 

More HERE

Real Madrid are set to offer €135m for Kylian Mbappe - according to reports in France.

Radio station RMC have claimed that the European champions are formulating a third bid, which would constitute a world-record fee, to take the 18-year-old forward to the Bernabeu.

Monaco are in no rush to sell the teenager, having already brought in some €50m from the sale of Bernardo Silva this summer and with the likes of Benjamin Mendy expected to follow him out of the door for another sizeable fee.

And yet €135m may prove too difficult for the French champions to turn down, allowing them to stock up on the next wave of young talent.

Leonardo Jardim has already signed Belgium midfielder Youri Tielemans this summer, who is considered one of the world's best teenagers. 

Mbappe, for his part, recently insisted that he wants to be playing first-team football if he is to leave the club.

Liverpool confident on Van Dijk

Liverpool are increasingly confident they will win the race for Southampton's Virgil van Dijk.

The Dutchman is Jurgen Klopp's number one transfer target this summer and it appears the draw of the German boss has seen the Reds see off stiff competition from the likes of Manchester City and Chelsea to land him in what would represent a huge coup for the manager and the club.

Formal negotiations are yet to begin but the Saints are understood to be looking for in excess of £50million, a figure which would smash the Kop club's current transfer record which stands at the £35m they paid for Andy Carroll in 2011.

Klopp is expected to be busy this summer as he looks to build a squad capable of challenging both at home and in Europe next season with Roma's Mohamed Salah a likely arrival sooner rather than later.

Hull's Andrew Robertson is another target while RB Leipzig duo Naby Keita and Timo Werner have long been on Klopp's radar.