Transfer news RECAP: Arsenal want Southampton to stump up £25m for the return of Theo Walcott as Newcastle eye Joe Hart

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Manchester City are interested in Leicester defender Harry Maguire and are ready to pay £50m to acquire his services, according to The Sun on Sunday.

Leicester signed the England international from Hull for £17million last summer, but his fine form has seen his valuation sky-rocket.

As a result, Manchester City are considering a big-money bid to bring him to the Etihad.

Real Madrid failed in a late bid to snatch Philippe Coutinho away from the clutches of Barcelona, according to Mundo Deportivo.

The Catalan club secured a £145m deal with Liverpool for the Brazilian playmaker, but Real Madrid made a last-ditch attempt to bring him to the Bernabeu.

The Spanish newspaper claims Real Madrid were prepared to pay £177m for Coutinho, but it was quickly made clear to them that he only wanted to join Barcelona.

Real Madrid failed in a late bid to snatch Philippe Coutinho away from the clutches of Barcelona, according to Mundo Deportivo.

The Catalan club secured a £145m deal with Liverpool for the Brazilian playmaker, but Real Madrid made a last-ditch attempt to bring him to the Bernabeu.

The Spanish newspaper claims Real Madrid were prepared to pay £177m for Coutinho, but it was quickly made clear to them that he only wanted to join Barcelona.

Arsene Wenger could end his Arsenal reign this summer to make way for former club captain Mikel Arteta to take over, according to the Sunday Mirror.

The outlandish claim would come as a major shock, but the report claims Wenger is ready to consider moving upstairs with a year remaining on his contract.

One condition would be coaxing Arteta back to the club after he left to join Manchester City's coaching staff last year.

Emre Can is mulling over a five-year contract with Serie A champions Juventus, according to Sky Italy.

The German midfielder's Liverpool contract expires at the end of the season and he has long been linked with a move to Juventus.

Juventus are eager to get a pre-contract agreement tied up quickly and are reported to have offered him £85,000-a-week.

Manchester United and Arsenal have joined the race to sign Brazilian star Fred from Ukranian outfit Shakhtar Donetsk, according to the Daily Star.

The attacking midfielder is rated at £30m by his club, who are willing to listen to offers in the January window.

Napoli, Atletico Madrid and a host of other top European clubs have also expressed an interest in Fred, 24, but the Premier League duo would be able to blow any competition out of the water.

Manchester City are ready to test Arsenal's resolve with a £25million January bid for Alexis Sanchez, even though it will halt their pursuit of Real Sociedad defender Inigo Martinez, according to the Mirror.

Sanchez will be free to reunite with Pep Guardiola for nothing when his contract expires in June, but the Spaniard wants to boost City's Champions League chances by signing him six months early.

Both Sanchez and Martinez have played in the Europa League this season for their respective clubs and UEFA regulations forbid Manchester City from adding more than one such player to their squad ahead of the last 16.

Chelsea defender Jake Clarke-Salter is poised to complete a loan move to Sunderland.

Clarke-Salter is strong and mobile and very highly rated at StamfordBridge.

He starred for England in their Under-20 World Cup win and was close to joining Birmingham on loan in the summer.

There has been lots of interest from others in the Championship, including Sheffield United, but Sunderland boss Chris Coleman has convinced the 20-year-old to make the move to Wearside for a relegation scrap.

Both Coleman's and his assistant Kit Symons are central defenders by trade and see Clarke-Salter in a role on the left of a back-three which is the position where Chelsea boss Antonio Conte expects him to progress at Premier League level.

SAM MCEVOY: Usain Bolt has revealed that he has been talking with Sir Alex Ferguson about a potential deal to make him a Manchester United player.

The eight-time Olympic gold medalist is set to have trials with Bundesliga giants Borussia Dortmund in March, which has been organised by the club's kit manufacturers Puma, who also sponsor the Jamaican sprinter.

The opportunity will allow Bolt to see what his next career step is and United's legendary manager has told the 31-year-old to get 'fit and ready' while he can see if he can swing something at Old Trafford.  

'In March we're going to do a trials with Dortmund and that will determine what I do with that career, which way it goes. If they say I'm good, and that I need a bit of training, I'll do it,' the eight-time Olympic gold medalist told the Express.

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SIMON JONES: Leeds are in talks with Club Brugge over left-back Laurens De Bock.

Wolves and Torino have also shown interest in the 25-year-old. While personal terms on a proposed four and a half year contract are not an issue for de Bock, the clubs have yet to agree on a fee.

Leeds need cover at left-back while on loan defender Cameron Borthwick-Jackson is attracting interest from Reading.

SIMON JONES: Aston Villa striker Ross McCormack is poised to extend his loan at Melbourne City.

McCormack scored both goals as Melbourne beat Wellington Phoenix on Saturday to climb to third in the A-League table.

It was a sixth win in a row for Warren Joyce's side and McCormack has scored ten goals in 13 games.

The 31-year-old is ready to stay in Australia until the end of the season and then weigh up his options in the summer as Aston Villa push for a Premier League place.

Liverpool must move quickly to replace Philippe Coutinho, former Reds striker John Aldridge has warned.

Coutinho headed to Barcelona on Saturday night after Liverpool accepted a British record bid, worth up to £142million, from the Catalan club.

The 25-year-old Brazil international, who arrived at Liverpool from Inter Milan for £8.5million in January 2013, scored 54 times for the Anfield side.

'I am not surprised but disappointed he [Coutinho] is leaving because he is a fantastic player to watch,' Aldridge told BBC Radio 5 Live's Sportsweek programme. '£140million is a lot of money and Liverpool have to spend it wisely.

'They have spent £75million of it wisely on Virgil van Dijk - a player we have needed for some time in a leader at the back - but he [Coutinho] needs replacing and we have got to do it ASAP.'

French reports suggest the Brazilian is hot property.

Liverpool are wasting no time in their search for Philippe Coutinho's replacement.

The Brazilian's £145million move to Barcelona has been agreed, with confirmation expected on Sunday, but the Liverpool Echo are reporting that Jurgen Klopp has already identified Thomas Lemar as the man he wants to bring in.

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Perhaps Liverpool will find a Premier League solution to filling the Philippe void. BeIn Sports suggest the Reds could turn to Riyad Mahrez and the Algerian could be headed for a medical at Melwood on Sunday.

PICTURE EXCLUSIVE: Philippe Coutinho has finally sealed his move to Barcelona in a £145million transfer from Liverpool.

Coutinho has a €400million (£355m) release clause in his five-and-a-half year Barcelona contract.

Liverpool manager Jurgen Klopp said Coutinho was 'insistent with me, the owners and even his team-mates' on being allowed to leave for Barcelona.

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