Live Coverage: Transfer Talk - July 26

With the World Cup over and the new season growing ever closer, the transfer window continues to heat up.

Here at Sports Mole, we will be keeping you up to date throughout the day of any confirmed deals, gossip or rumours that break.

Check out our transfer talk coverage below.

2.18amThat brings to an end our coverage of all transfer talk in the world of football. We will be back from 9am on Monday morning (just tell your boss you're checking the company figures at that time, we'll understand!) to bring you all the latest moves and gossip. Until then, it's good night!

2.12amBefore we bring to an end today's Transfer Talk at Sports Mole towers, here's a story that could affect all transfers in future. Both FIFA and FIFPro - the worldwide players union - are reportedly looking at a plan to bring in official transfer fees for all players, designed to stop the spiralling cost of recruiting talent. In the past two summer transfer windows, three of the five most expensive deals have been completed. For James Rodriguez, Gareth Bale and he who must not be named (or train within a five-mile radius of Barcelona)...

1.45amMeanwhile, Fredy Guarin could be on his way to Premier League this summer. His club Inter Milan are reportedly considering a swap deal to take Manchester United's Javier Hernandez to the San Siro. Inter are thought to be looking for extra firepower in attack and see the Mexican as an ideal choice.

1.26amPepe Reina could be set for the Anfield exit door, heading for Bayern Munich. Despite interest from Napoli, the Italian club are reportedly less than keen about paying Â£3.95m for the 31-year-old, but the German giants could pounce as they look for a back-up keeper to Manuel Neuer.

12.57amOne player who looks set to stay put is Chelsea's Gary Cahill, with the defender reportedly about to offered a new four-year Â£120,000-a-week contract by the Blues.

12.37amManchester United have been heavily linked with a move for Arturo Vidal and it appeared that the transfer was off. Well, it seems that a move for the Chilean midfielder could be back on, with reports suggesting a deal could be completed as early as this week.

11.36pmSpeaking of Arsenal fans perhaps wanting to look away. The Gunners are trailing 1-0 in the pre-season friendly against New York Red Bulls Thierry Henry had a hand in the goal. Live commentary of the game is being provided by our very own Alex Meyers.

11.30pmArsenal, Liverpool and Spurs fans may want to look away as reports in Spain suggest that Antoine Griezmann will reject a move to the Premier League and opt for La Liga champions Atletico Madrid instead.

11.17pmWe'll start with Chelsea striker Romelu Lukaku, we'll Chelsea striker for the time being at least. Reports suggest that the Belgian frontman is close to agreeing a permanent move to Everton, whom he scored 15 goals for last season.

11.13pmThanks Dan! Yes, for the next three hours, we will bring you all the latest transfer comings and goings. Will your club be adding new recruits? Stay with us and find out!

11.01pmThat's all from me for tonight, folks. Chris O'Keefe will now carry the baton for the final few hours.

10.39pmIt has gone a little quiet on the transfer front over the last hour or so. But one man who has been busy strengthening his squad this summer, Manuel Pellegrini, has warned his Manchester City players against complacency ahead of the new season. Could he be back in the market for more players?

9.17pmWell it's a busy night for Arsenal if emerging reports are anything to go by, as Calum Chambers is said to have agreed terms with the Gunners. If so, the deal will set Arsene Wenger back Â£16m.

8.59pmOne man who has already made the move during this transfer window, Patrick van Aanholt, has revealed that he had no hesitation leaving Chelsea to join Sunderland. After making just two league appearances for the Blues in five years, you can see why.

8.26pmMore transfer news regarding Arsenal now, and they are rumoured to be in for Shakhtar Donetsk playmaker Douglas Costa. One report claims that Arsene Wenger has offered Â£15.8m for the Brazilian's services.

7.38pmA player who has been linked with numerous clubs this summer - in terms of a loan move, at least - is Arsenal right-back Carl Jenkinson. Steve Bruce has tonight revealed that he has held talks with Arsenal over a potential loan move for the former Charlton Athletic player.

7.24pmA reminder that you can catch up on all the big transfer headlines from across the day so far right here.

7.10pmThanks Jack! That's right, I'll be keeping you up to date with all the latest goings on for the next four hours or so. Reports have emerged tonight that Liverpool have agreed a Â£10m deal for Lille striker Divock Origi.

6.59pmThat's all from me for today, but I'm pleased to say that Dan Lewis will be with you until 11pm to bring you all of the latest news and gossip from the summer transfer window. Enjoy!

6.52pmNice are claiming that goalkeeper David Ospina has joined Arsenal. We've yet to hear any official confirmation from Arsenal, but we'll keep you up to date with that developing line...

6.34pmBurnley boss Sean Dyche has played down speculation linking the club with Watford striker Troy Deeney. The Clarets are among a number of teams who are thought to be keen on signing the 26-year-old, who scored 25 goals last season.

6.16pmLee Sharpe has doubted Louis van Gaal's ability to force a new era of success at Manchester United without a physical and vocal presence in the team. The Dutchman is widely expected to adopt the 3-5-2 formation which saw his Netherlands side secure a third-place finish in this summer's World Cup.

5.57pmFabio Borini has revealed that he is flying back to the UK after injuring his shoulder during Liverpool's tour of the United States. The striker, who is set to join Sunderland after the Black Cats agreed a fee with Brendan Rodgers's side earlier this month, picked up the injury during a pre-season friendly against Roma.

5.31pmCardiff City have insisted that Gary Medel will not be sold for less than they paid for him last summer. The Chile international joined the Welsh side for around Â£11m last year, and has been linked with a move to Inter Milan and Galatasaray this year.

5.11pmHull City are reportedly ready to stop their pursuit of Sheffield United defender Harry Maguire. The Tigers have already failed with two bids for the 21-year-old centre-back this summer.

4.51pmSanti Cazorla has ruled out the prospect of leaving Arsenal this summer amid speculation linking him to Atletico Madrid. Reports have previously suggested that the Liga champions are monitoring Cazorla's situation after the Spaniard endured a mixed second season in North London last term.

4.30pmRadamel Falcao has played down suggestions that Real Madrid have contacted AS Monaco over a prospective summer switch. Speculation has mounted that the Liga giants are eager to follow up their Â£63m capture of James Rodriguez by luring his Colombia teammate to the Spanish capital.

4.10pmQueens Park Rangers have reportedly joined the race to sign Watford striker Troy Deeney. Fellow Premier League teams Burnley and Leicester City have both been linked with the 26-year-old in recent weeks.

3.52pmNew signing Bojan Krkic has revealed that Stoke City's style of football was the key factor behind his move to the club. The 23-year-old forward joined the Potters from Barcelona on a four-year deal on Tuesday.

3.28pmNew Juventus coach Massimiliano Allegri has revealed that he wants to sign a defender and a striker before the start of the season. The Italian champions have already brought in Patrice Evra, Alvaro Morata and Kingsley Coman on permanent deals this summer, while Udinese winger Roberto Pereyra recently joined on loan.

3.04pmThank you, Paul. Right, let's start off with some words from Arsenal manager Arsene Wenger. The Gunners boss has challenged new goalkeeper David Ospina to put pressure on current number one Wojciech Szczesny. The shot-stopper will reportedly sign for Arsenal after their pre-season tour of the United States has concluded, and the French boss believes that Ospina can threaten the Poland international's place.

3.01pmWell, that's all from me this afternoon. I'll leave you in the capable hands of Jack Prescott. Bye for now...

2.12pmArsenal boss Arsene Wenger has challenged new signing David Ospina to put pressure on current number one goalkeeper Wojciech Szczesny. Full story to come.

2.02pmDavid Beckham has lent his support to Real Madrid's signing of James Rodriguez. The Champions League winners spent around Â£60m on the Colombian playnaker and Beckham thinks that the former Monaco star will thrive at Santiago Bernabeu. Read the full story here.

1.20pmWe've just had our 1pm Transfer Talk posted, which features the likes of Loic Remy, Christian Atsu and Angel di Maria. You can view it here.

1.01pmAs promised, here is that Balotelli story in full. The Italian international had been linked with a move to Arsenal, but Gallaini has dismissed those reports.

12.28pmAC Milan chief Adriano Galliani has claimed that reported Arsenal target, Mario Balotelli is staying put with the Rossoneri. The Italian said: "Balotelli never asked to be sold. He will stay at Milan. 100% doesn't exist on the transfer market, but 99.9% does." We'll have the full story with you soon.

12.10pmThanks Giuseppe! Let's recap on the what we've reported in our latest Transfer Talk.

12.04pmI shall be handing the transfer blog over to Paul Gorst, but before I go, here is another big story. It has been reported that Paris Saint-Germain are set to sign World Cup finalist Angel di Maria from Real Madrid. Remember to stay tuned to Sports Mole as we bring you all the latest transfer stories!

11.47amMiddlesbrough are close to signing Doncaster Rovers defender James Husband, with the 20-year-old set to link up with the Teesside outfit before their friendly against Rochdale today, it has been reported.

11.18amDespite securing the services of Patrick van Aanholt, Sunderland are still interested in signing Marcos Alonso, according to reports.

10.42amNow onto some Football League transfer news, and Oxford United have signed England U21s goalkeeper George Long on loan from Sheffield United.

10.15amKeeping with Premier League transfer talk, Loic Remy's protracted deal with Liverpool has encountered red tape problems, while West Bromwich Albion manager Alan Irvine has expressed enthusiasm over Costa Rica defender Cristian Gamboa, who is rumoured to be signing with the Baggies this weekend.

9.40amAccording to reports, Arsenal have completed the signing of Colombia goalkeeper David Ospina. The 25-year-old has been on the Gunners' radar for a number of days, with London 24 reporting that he will be back-up to Wojciech Szczesny.

9.22amFor the full round-up of stories from last night, don't forget to view our latest transfer update article.

9.17amArguably the biggest transfer news of the last 24 hours was Didier Drogba's return to Stamford Bridge, but there have been plenty of other stories throughout the night. Here are just a couple: Report: Arsenal agree fee for Calum Chambers Catania defender Gino Peruzzi mute over Arsenal transfer West Ham United's Ravel Morrison future in limbo Adriano Galliani: 'Mario Balotelli is staying at AC Milan' Report: Morgan Schneiderlin in talks with Arsenal Queens Park Rangers recall Julio Cesar

9.10amGood morning folks! Giuseppe Labellarte here and I will be taking you through the next couple of hours. All of the day's transfer speculation, talk, and confirmed signings will be right here on Sports Mole, so stay tuned!