8am Transfer Talk Update: Pepe, David Luiz, Samuel Eto'o

With plenty of transfer gossip doing the rounds, Sports Mole takes a look at the stories emerging from the rumourmill this morning.

Thursday morning's headlines:

Real Madrid turn down Manchester's City Pepe bid Manchester City will look elsewhere after their bid for Real Madrid defender Pepe was rejected, according to a report.

Manchester United target Samuel Eto'o Anzhi Makhachakla striker Samuel Eto'o is reportedly a target for Manchester United.

David Luiz tells Chelsea he's staying Chelsea defender David Luiz reportedly tells the club that he has no interest in trying to force through a move to Barcelona this summer.

Aston Villa turn down Gareth Barry loan deal Aston Villa manager Paul Lambert turns down the opportunity to take Gareth Barry on loan from Manchester City, according to a report.

Arsenal eye double PSV Eindhoven swoop Arsenal are preparing a double bid for PSV Eindhoven stars Georginio Wijnaldum and Zakaria Bakkali, according to reports.

Southampton lead chase for Pablo Daniel Osvaldo Reports suggest that Southampton are currently winning the race to sign Roma striker Pablo Daniel Osvaldo.

Etienne Capoue passes Tottenham Hotspur medical Tolouse midfielder Etienne Capoue reportedly passes his medical ahead of a move to Tottenham Hotspur.

Christian Eriksen's agent reveals interest from Germany and Italy The agent of Christian Eriksen reveals that his client is attracting the interest of unnamed teams in Germany and Italy.