8am Transfer Talk Update: Romelu Lukaku, Xavi, Lucas Silva

Sports Mole rounds up the latest transfer news and gossip making the headlines on Wednesday morning.

With plenty of transfer news and speculation emerging by the hour, Sports Mole has rounded up the latest stories.

Wednesday morning's headlines:

Spurs to raise funds for Lukaku bid?
Tottenham Hotspur will reportedly try to sell two of their strikers to raise funds for a bid for Chelsea forward Romelu Lukaku.

Petrescu: 'Xavi to join Al-Arabi'
Al-Arabi head coach Dan Petrescu claims that Barcelona midfielder Xavi has signed a pre-contract agreement to join the club.

Barcelona chase Silva?
Barcelona are reportedly eyeing a deal for Cruzeiro player Lucas Silva.

Drinkwater signs new Leicester deal
Leicester City midfielder Danny Drinkwater signs a new four-year deal with the Championship winners.

Middlesbrough to make Ameobi bid?
Middlesbrough will reportedly make a move for Newcastle United winger Sammy Ameobi later in the summer.

Wolves target Cook?
Wolverhampton Wanderers reportedly identify Bournemouth defender Steve Cook as a potential signing ahead of their return to the Championship.

Reed: 'Koeman could persuade stars to stay
Southampton executive director Les Reed hopes that the appointment of Ronald Koeman can persuade several of the club's star players to remain at St Mary's Stadium.

Larrivey joins Celta Vigo
Striker Joaquin Larrivey signs a three-year deal with Celta Vigo.

Steve Cook of Bournemouth during the Pre Season Friendly match between Bournemouth and West Ham United at Goldsands Stadium on July 13, 2013
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1Manchester CityMan City24212170185265
2Manchester UnitedMan Utd24165349163353
5Tottenham HotspurSpurs24136547222545
7Leicester CityLeicester249783632434
11West Ham UnitedWest Ham2468103042-1226
13Crystal Palace2467112237-1525
14Huddersfield TownHuddersfield2466121941-2224
15Newcastle UnitedNewcastle2465132234-1223
16Brighton & Hove AlbionBrighton2458111733-1623
17Stoke CityStoke2465132550-2523
19West Bromwich AlbionWest Brom24311101931-1220
20Swansea CitySwansea2455141535-2020
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