Cole to Roma and Negredo on the go?

In the latest roundup of Transfer Talk, there's an update on you-know-who as well as Ashley Cole's future and Arsenal closing in on their first summer signing...

22.45 BST: And that's all from us tonight -- join ESPN FC again tomorrow for all the latest transfer news and rumours.

22.28 BST: Monaco have thanked Eric Abidal for his efforts after confirming that the former Barcelona man had agreed terms with Olympiakos, writing on their official website: "AS Monaco wishes to thank Eric Abidal for everything he has brought to the club.

"He was captain and a key player during the past season, and AS Monaco wants to wish every success to Eric for the rest of his career."

22.19 BST: Livorno striker Paulinho wants to play in the Premier League, his agent has told Primocanale. Andrea Bagnoli said the Brazilian forward "has expressed a desire to go to play in England, and we are evaluating some opportunities."

22.09 BST: Someone who definitely isn't moving anywhere for now: Swansea defender Kyle Bartley has signed a new three-year contract. Manager Garry Monk thinks good things lie ahead, saying: "He has all the ingredients to be a top player for me."

21.47 BST: A bit more on that Torino/Fabio Quagliarella story from earlier -- president Urbano Cairo was asked about the Juve striker and told Rai Radio 1 (in quotes translated by Football Italia): "He is a very good player -- but we have other options, too.

"Perhaps we are missing the icing on the cake, but we have three or four interesting alternatives. Our coach, Giampiero Ventura, knows how to develop our players."

21.16 BST: Leicester forward Paul Gallagher has rejoined Preston, where he spent much of last season on loan, on another loan deal. Preston manager Simon Grayson explained: "He made it very clear to us he wanted to come back and, after negotiations with Leicester, it is a done deal."

20.47 BST: Brighton's hopes of securing goalkeeper Jack Butland on loan from Stoke could be fading amid uncertainty over the future of the Potters' Asmir Begovic. They are unlikely to let Butland move until that is resolved, which could force the Seagulls to look elsewhere, the Argus reports.

20.39 BST: Norwich City manager Neil Adams wants to freshen up all areas of his squad, having already brought strikers Kyle Lafferty and Lewis Grabban to Carrow Road in the summer. He told the Pink Un: "We are looking defensively, we are looking in midfield. Probably the strongest area at present is in midfield with the players we have got if you look at the squad.

"We said all along the priority was looking at the front end of the pitch -- now, that is not to say we will not look to bring in a midfielder because you always have to be ready if a player leaves. It can happen quite quickly, as I have already learned with Robert Snodgrass [who moved to Hull last week]. I have to be prepared, and we will be ready to go."

20.15 BST: Torino have been linked with a move for Juventus striker Fabio Quagliarella, but president Urbano Cairo said: "We have three or four interesting alternatives."

19.50 BST: Netherlands international Stefan De Vrij does not have any agreement with Manchester United, his agent has insisted.

Some reports have suggested that the Feyenoord centre-back could be on his way to Old Trafford when Netherlands coach Louis van Gaal takes charge after the World Cup.

De Vrij has also been linked with a move to Serie A side Lazio, but agent Carl Thomas told Lazionews24.com: "We have no agreement with Manchester United, nor have we signed for them."

19.30 BST: And still more from Italy, where reports suggest that AC Milan striker Alessandro Matri is on the brink of joining Genoa, with Croatia defender Sime Vrsaljko possibly moving the other way.

19.05 BST: Greek club Olympiakos have announced the signing of Eric Abidal from Monaco, confirming the news with a Twitter picture. Skipper Abidal only signed a contract extension with Monaci this summer, but reports in France said he did not travel to a preseason training camp with his colleagues, instead flying to Greece to hold talks.

Παίκτης του Θρύλου και επίσημα ο Ερίκ Αμπιντάλ! http://t.co/FgVkdmNNg #Olympiacos #transfer #announcement pic.twitter.om/4ASaknqYBg

- Olympiacos FC (@olympiacos_org) July 5, 2014

18.40 BST - DONE DEAL: And more from Italy, where under-21 goalkeeper Francesco Bardi is heading to Chievo from Inter Milan on loan for next season.

18.23 BST - DONE DEALS: Football Italia reports that Genoa have signed Aleandro Rosi from Parma in a straight swap for Daniel Tozser. Tozser spent the last six months on loan at Championship side Watford, while Rosi was also loaned out in January, going to Sassuolo.

18.14 BST: Borussia Monchengladbach's Luuk de Jong could be heading back to the Netherlands with Ajax, it appears:

Frank de Boer has told AD that Luuk de Jong is an option if Kolbeinn Sigthorsson leaves the club. De Jong currently in talks with PSV.

- Dutch Football (@football_oranje) July 5, 2014

18.05 BST: More on Luis Suarez for your delectation: the chorus of cooing in his direction from Barcelona is continuing, with defender Marc Bartra saying the "very complete" striker would be a welcome addition to the Camp Nou squad. Barcelona and Liverpol have been in what have been described as "very productive" talks, with a transfer thought to be very close.

17.55 BST: Newcastle could be ready to make a second swoop on Netherlands club Ajax, with defender Ricardo van Rhijn in their sights, according to the Newcastle Chronicle. Magpies manager Alan Pardew has already signed captain Siem de Jong.

17.45 BST: Schalke have signed Cameroon striker Eric Maxim Choupo-Moting from Mainz on a three-year deal. The former Hamburg player scored 20 goals in 74 Bundesliga appearances for Mainz and featured in all three of Cameroon's World Cup group games. Schalke sporting director Horst Heldt told his club's official website: "I'm delighted that he has decided to sign for us."

17.35 BST: A few links to some full stories regarding various transfers we've covered today. First up is Gary Medel claiming he is a wanted man in Italy. For a transfer, he's not in trouble with the law. Next is Michu's meeting with Garry Monk to sort out the unsettled striker's future.

Frank Lampard is imminently going to decide what exactly he is going to do with his future. And finally here is the full story on Sporting Lisbon confirming there have been no bids for star midfielder William Carvalho.

17.22 BST: DONE DEAL! Udinese have moved to bring in Colombian creative midfielder Alexis Zapata from Deportiva Envigado. The 19-year-old joins compatriots Javier Cuadrado and Luis Muriel from that club into Seie A.

17.11 BST: Antoine Griezmann is set for showdown talks with Real Sociedad president Jokin Aperribay when he returns from the World Cup. It is thought the French winger will ask to leave La Real but Aperribay is hopeful the much sought-after winger may be persuaded to stay.

17.02 BST: More info on the Mathieu Debuchy transfer to Arsenal. Read the full story here.http://www.espnfc.com/story/1933824/newcastle-united-defender-mathieu-debuchy-confirms-arsenal-talks

16.52 BST: A couple of loan moves completed and near to completion in France. Firstly, SC Bastia are close to securing Anderlecht right back Guillaume Gillet on loan for the season. Dijon have loaned 34 year old attacker Gregory Thil to Chateauroux on a one year deal.

16.45 BST: And now ESPN's Jonathan Johnson confimring the Instagram account saying Mathieu Debuchy was going to Arsenal is not his. We thought as much.

Newcastle United's Mathieu Debuchy tells @lequipe Instagram account with his supposed Arsenal post is not his. Confirms talks. #NUFC #AFC

- Jonathan Johnson (@Jon_LeGossip) July 5, 2014

16.36 BST: ESPN's very own Mina Rzouki with her take on the Ashley Cole to Roma transfer.

Roma have done well with Ashley Cole. Practically a done deal according to @DiMarzio

- Mina Rzouki (@Minarzouki) July 5, 2014

16.27 BST: Newport County boss Justin Edinburgh has ruled out a move for free agent Robert Earnshaw.

16.20 BST: Arsenal are clearly working hard behind the scenes to get these deals done and dusted!

.@Arsenal are in talks to sign @FCBarcelona's Alexis Sanchez and @NUFC's Mathieu Debuchy http://t.co/S5uZKBeVkm #afc pic.twitter.com/2AtIsnjKxM

- BBC Sport (@BBCSport) July 5, 2014

16.05 BST: Swansea boss Garry Monk is set to sit down with want-away striker Michu in an attempt to persuade him to stay at the South Wales club. The Spaniard has reportedly been close to sealing a move to Napoli but would rather a return to his homeland in La Liga.

15.51 BST: Gianluca DiMarzio, that fountain of information from Italy suggests again that Alessandro Matri is a loan target for Genoa.

15.39 BST: Highly rated French youngster Adrien Rabiot's mother has told the press her son has not signed a deal to play for Roma.

The mother of PSG midfielder Adrien Rabiot denies a deal has been agreed to with Roma http://t.co/e4Rp4XPTMM

- Roma Press (@ASRomaPress) July 5, 2014

15.30 BST: A transfer has been completed across the pond with Chivas USA's Matthew Fondy signing for Chicago Fire.

15.15 BST: Nottingham Forest boss Stuart Pearce is keen to add more signings to his squad in order to maintain a promotion push this season.

15.03 BST: Chievo Verona are set to announce the signing of AC Milan midfielder Walter Birsa on a one-year loan deal according to Sky Sports Italia.

14.50 BST: BBC's David Ornstein with an update on Arsenal's transfer dealings.

Arsenal in talks to sign Sanchez & Debouchy. AS complicated by #FCB Suarez move but #AFC confident. MD advanced but no fee agreed #LFC #NUFC

- David Ornstein (@bbcsport_david) July 5, 2014

14.40 BST: Pablo Armero has emerged as a surprise transfer target for Arsenal according to ESPN sources. Read the full story here.

14.25 BST: Can lightning strike twice for Roma? David Amoyal ponders the question.

Let's see if Roma strikes gold once again with Cole, last summer's acquisition of Maicon worked out incredibly well

- David Amoyal (@DavidAmoyal) July 5, 2014

14.19 BST: DONE DEAL! Schalke have finally confirmed the signing of Mainz striker Maxim Choupo-Moting.

Eric Maxim Choupo-Moting wird ein #Schalke'r! http://t.co/YjI67vqebo #s04 pic.twitter.com/vEkT4JX4DQ

- FC Schalke 04 (@s04) July 5, 2014

13.59 BST: DONE DEAL! Chievo have signed Inter Milan goalkeeper Francesco Bardi on a one-year loan deal.

13.45 BST: PSG boss Laurent Blanc confirmed to Le Parisien that the French champions will be active in the transfer market, He said: "If you listen to the paper talk, then we are going to transfer 10-12 players, the whole team apparently...but it won't be like that. We have already signed one, David Luiz. If we bringing in two or three players that would already be good. That is what we have planned for. There will be few arrivals and certainly few departures."

13.33 BST: Ambitious West Ham are looking to sign Ecuador starlet Enner Valencia in a £12 million deal according to the Daily Star,

13.21 BST: Last chance saloon for Liverpool as the Metro report the Reds are going to offer Alexis Sanchez a huge £150,000 per week deal to try and lure him from Arsenal or Juventus. Despite the massive offer, the Chilean is said to only want a move to Arsenal or Juve, leaving Liverpool rather red-faced.

13.13 BST: The big daddy of all breaking news. Apparently Liverpool and Barcelona are continuing negotiations about the transfer of Luis Suarez... over the phone.

13.04 BST: Just the news Atletico Madrid wanted to hear. Alvaro Negredo would be allowed to leave Manchester City if the £30 million asking price can be met according to The Sun.

12.52 BST: An impressive World Cup and his club are willing to let him go, Mathieu Valbuena has been officially approached by Valencia about a permanent move to the La Liga side. Turkish clubs Fenerbahce and Besiktas are also said to be interested as well as various suitors from the Premier League according to L'Equipe.

12.45 BST: We had been hearing about this move for a while and now it has finally happened.

News of a loan move for @HazardThorgan8... http://t.co/VYoKTZhBLj #CFC pic.twitter.com/M6LZ4gfeTT

- Chelsea FC (@chelseafc) July 5, 2014

12.39 BST: Roma lead the chase for the signature of free agent Ashley Cole. Reports from Sky Sports suggest the veteran left back has plenty of options but the offer from the Serie A runners up is attracting the former England international the most.

12.30 BST: Lokomotiv Moscow have released Victor Obinna after a disappointing spell with the Russian club. The Nigerian managed just five goals in 82 appearances for the club and now finds himself in search of a new team to ply his trade with.

12.05 BST: Surprising rumour given he signed a one year contract with Monaco just days ago but apparently Eric Abidal is in talks with Olympiakos of Greece about a potential move.

12.00 BST: Sporting Lisbon have moved to confirm that no bids for William Carvalho have been made yet but that the club is bracing itself for an offer from Manchester United who are said to be ready to meet his release clause of £37 million.

11.52 BST: It will happen sooner or later...

Toni Kroos to Real Madrid in the summer is done, according to Saturday's @SZ. Only small details left to sort out

- Raphael Honigstein (@honigstein) July 4, 2014

11.40 BST: Wolves boss Kenny Jackett claims he had been scouting wonderkid Ryan Gauld before he made the switch to Sporting Lisbon in a lucrative five-year deal. Oh what could have been Kenny...

11.25 BST: Chelsea could be set to open talks with Sporting Lisbon for full back Marcos Rojo after the Metro reported a £15 million fee has been agreed between the clubs.

11.15 BST: With Gerard Deulofeu returning to Barcelona it would appear Everton have a space free in their squad. They're apparently looking to fill it with Swedish U20 international Nabil Bahoui who is also attracting the interest of Sunderland, Crystal Palace and Southampton according to the Daily Express.

11.06 BST: Want a full run-down of what the hell is going on over at Real Madrid? Well Marca have got it. Contract info galore...

10.59 BST: Napoli are considering offering Rubin Kazan Miguel Britos in order to secure a deal for Yann M'Vila from under the noses of Inter Milan.

10.50 BST: This one simply is not gong to happen. Le10 Sport say PSG are going to launch a £250 million raid on Barcelona in order to prise away Lionel Messi. Like I said, not going to happen.

10.40 BST: Everton are said to be leading the race for Lyon striker Alexandre Lacazette according to the Daily Express. The French striker is said to be considering his options and only wants to sign for a club in the Champiosn League or challenging for it.

10.25 BST: Long term Spurs target Joel Veltman could be on his way to the Premier League as the Daily Mirror report North London rivals Spurs and Arsenal are set to bid for the Ajax defender.

10.17 BST: A DONE DEAL for Benfica.

23-year-old Brazilian right-back Luís Felipe signs for Benfica. "I want to make history at the club, like Maxi Pereira and Luisão."

- Tom Kundert (@Portu_Goal) July 5, 2014

10.10 BST: FAKE AGENT ALERT! We should have known. Joel Campbell is furious. Read the full story here.

10.04 BST: And again, Manchester United have made Borussia Dortmund a take-it-or-leave-it offer for star defender Mats Hummels believed to be in the £20 million region according to the Daily Express.

10.00 BST: Europen football expert Andy Brassell says a transfer deal is close. So it must be!

Not directly related to the Suarez deal but another attacker on the way out at Barcelona is Cristian Tello. Very close to Porto, says O Jogo

- Andy Brassell (@andybrassell) July 5, 2014

09.54 BST: Juventus have told Manchester United to pay as much as £40 million for Arturo Vidal if they want to land him according to the Daily Express.

09.50 BST: The Alvaro Morata debacle looks set to continue with reports from Marca suggesting the strike sensation has his heart set on a move to Juventus despite the higher-ups at Madrid saying a move to Wolfsburg or Villareal would be a better move.

09.45 BST: A potential mover for Adrien Rabiot...

Veronique Rabiot to Tuttosport: "If PSG want to sell, we will consider offers. If Juve bid & PSG accept, it may interest my son." #PSG #Juve

- Jonathan Johnson (@Jon_LeGossip) July 5, 2014

09.40 BST: Everton could be tempted to part ways with wonderkid Ross Barkley if Manchester City throw in midfielder Jack Rodwell as part of the deal. At £25 million Barkley would be seen as 'one for the future' while Rodwell would see his faltering career given a kick start by a return to his boyhood club according to the Daily Mirror.

First, the obligatory Luis Suarez mention. All the latest on his proposed move to Barcelona can be found here.

Ashley Cole to... Roma?

Spare a thought for Ashley Cole, currently unemployed and not allowed to go to Brazil for a summer holiday with his chums from England. But wait -- what's this? A move to Roma, that's what.

The folks at the Daily Mail say a two-year deal is on the table for the left-back.

Cole's best years are behind him but he remains a perfectly capable left-back who will have a glut of options to choose from. Of those, it appears Roma are leading the hunt.

Negredo no-go, so Atleti go for Mandzukic

Time for a tale that could affect a whole raft of clubs across Europe. Atletico Madrid are desperate to sign Chelsea-bound Diego Costa's replacement and had been keen on Manchester City striker Alvaro Negredo, but it appears that ship has sailed. Not to be deterred, La Liga's champions are on to their "Plan B" -- Mario Mandzukic. That's according to Marca, who label the deal "very close." That could come as a blow to Arsenal.

Arsene Wenger hasn't made a signing yet but is expected -- surely -- to sign a striker, and Bayern Munich's Mandzukic was said to be an option. But Atelti are in pole position to land the Croatia international, whose move could be made official within the next few days.

Wenger not made a signing? Maybe we spoke too soon

While their rivals have been busy splashing the cash this summer, Wenger has kept quiet -- until now. L'Equipe believe a signing is coming in the shape of Newcastle's Mathieu Debuchy for around 10 million Euros.

A smart move, in our view. Bacary Sagna has departed for Manchester City and Arsenal need a right-back with Premier League experience. A decent start to their business for the FA Cup winners -- now for that elusive striker...

Evra farewell?

Patrice Evra signed a new contract with Manchester United at the start of the summer, so we're going to treat La Gazzetta dello Sport's story regarding his exit with caution.

The report suggests Evra wants out of Old Trafford to join Juventus on a free, but having lost the experience of Rio Ferdinand and Nemanja Vidic this summer, Louis van Gaal could probably do with keeping Evra around. You'd expect Luke Shaw to be first choice at United following his big-money move, but there's bound to be time for Evra next campaign. However, a move to Juve could actually make sense if Evra was used as a makeweight. Why, you ask? Read on...

Juve for Sanchez sparks domino effect

Bear with us on this one, it's rather juicy. Word from Spain is that Juventus are keen to sign Barcelona's Alexis Sanchez and such a move could be music to Manchester United fans' ears -- as well as wrecking the hopes of Arsenal and Liverpool.

Sanchez is said to be part of Barcelona's negotiation package for Suarez, but Arsene Wenger is eager to take the Chilean to north London. However, the pair could end up disappointed if Juventus, long term admirers of Sanchez, get their way.

The Old Lady want to sign the former Udinese man and Sport says they will be able to afford Sanchez if they sell Arturo Vidal.

ESPNFC recently told you that Vidal was open to a move to Old Trafford, but Juventus want the bidding to start at around 45 million euros.

So, selling Vidal to United could get them Sanchez, annoying Arsenal and Liverpool in the process. Got it?

Reina to remain at Liverpool

To be perfectly honest, Transfer Talk completely forgot Pepe Reina was still a Liverpool player. He is, though, and is returning to Brendan Rodgers' side this summer and could yet remain there. A permanent move to Napoli has been mooted but The Liverpool Echo say the Spaniard is ready to stay at Liverpool. But with Simon Mignolet the undisputed first choice, where does that leave Reina?

We've got some details on that one as well -- step this way.

Bits and Bobs

- In-demand James Rodriguez fancies a La Liga switch.

- Italy's dismal World Cup campaign scuppered Mario Balotelli's hopes of a return to the Premier League.

- Gus Poyet's son, the talented free agent Diego, is snubbing Chelsea for West Ham.

- Atletico Madrid player in "staying at the club" shock.

Transfer Talk -- LIVE!

We're here with you every step of the way in the transfer market this summer so stay here for all the latest live gossip.