8am Transfer Talk Update: Fernando Torres, William Carvalho, Daniel Welbeck

There is now less than a week to go until the transfer window slams shut, but these final few days will no doubt prove to be extremely tense and dramatic.

Sports Mole brings you all the latest transfers and gossip that you may have missed overnight.

Thursday morning's headlines:

Manchester United line up William Carvalho bid? Manchester United reportedly line up a £24m move for Sporting Lisbon's William Carvalho.

Hull City 'ready to smash transfer record to land Abel Hernandez' Hull City are reportedly on the verge of smashing their transfer record to land Abel Hernandez.

AC Milan 'open talks with Chelsea over Fernando Torres transfer' AC Milan are allegedly in negotiations with Chelsea regarding the future of Fernando Torres.

Tottenham Hotspur boss Mauricio Pochettino 'watches Danny Welbeck' Tottenham Hotspur boss Mauricio Pochettino reportedly attended Manchester United's League Cup defeat against MK Dons to watch striker Danny Welbeck.

Arsene Wenger coy on striker pursuit Arsene Wenger remains coy when asked if he will bring another striker into the club before the close of the current transfer window.

Marco van Ginkel rejects AC Milan approach? A report in Italy claims that Chelsea midfielder Marco van Ginkel turned down an offer to join AC Milan on loan.

Report: Xabi Alonso close to Bayern Munich switch A report in Spain says that Bayern Munich are close to completing the signing of Real Madrid midfielder Xabi Alonso.

Blackburn Rovers sign Liverpool goalkeeper Liverpool's young goalkeeper Ryan Crump signs a 12-month contract with Championship club Blackburn Rovers.

Norwich City complete signing of Conor McGrandles Norwich City complete the signing of Conor McGrandles from Falkirk on a three-year deall.

Cambridge United sign Michael Nelson Free agent Michael Nelson signs a one-year deal with League Two side Cambridge United.

Report: Sunderland in talks to take Ricky Alvarez on loan Sunderland reportedly enter talks with Inter Milan to secure a loan deal for midfielder Ricky Alvarez.

Steve Parish: 'Crystal Palace ready to bring in more new players' Crystal Palace co-chairman Steve Parish says that the club are looking to bring in more new players before the transfer window closes on Monday.