Manchester City might have had their significantly increased bid from the initial £12m for Roque Santa Cruz rejected by Blackburn Rovers.
But the City board cannot handle being rejected well. According to Tuttosport, Manchester City are ready to launch a mega €97 million bid for Juventus duo Gianluigi Buffon and David Trezeguet.
Meanwhile Juventus are reportedly ready to cash in for Gremio wing-back Felipe Mattioni in a deal presumably worth €7m.
Barcelona are planning a £45m double summer swoop for Arsenal captain Cesc Fabregas and striker Robin van Persie. Big spending transfer stories make great stories, don't they?
Manchester City have tabled an £8m bid for Newcastle goalkeeper Shay Given. It's either that City's plan is that Buffon will be the number one keeper, Given number two and Hart number three or this is all part of the silly spending that doesn't need a plan.
Hull are poised to sign midfielder Kevin Kilbane from Wigan for £1m. Phil Brown thinks Kilbane will finally be able to show he's worth being called a professional footballer.
Portsmouth manager Tony Adams will loan former Arsenal team-mate Edu from Valencia. Also on Adam's wanted list are Dennis Bergkamp and Martin Keown.
According to The Mirror, Bolton are close to loaning Zenit St Petersburg centre-back Sebastien Puygrenier.
Meanwhile Queens Park Rangers are hoping their reputation can lour Manchester City's young midfield star Michael Johnson. Keep dreaming folks, you never know when dreams come true.
Tottenham could move for Polonia Warsaw's Polish goalkeeper Sebastien Przyrowski. Why the need for a keeper? Oh, they have Gomes! Good, get yourself a decent goalkeeper this time.
Inter Milan are being linked to Arsenal's Abou Diaby and Emmanuel Eboue. The writers need something to write about you know.
Manchester United are keen on landing French midfielder Sofiane Feghouli from Grenoble.
Middlesbrough are leading the race to sign Newcastle striker Alan Smith. Everyone is running out of St. James Park, but cheers to the fans who still go there.
Manchester United are interested in Villarreal goalkeeper Diego Lopez. With Edwin van der Sar aging, United are keen to find a future replacement. Bring back Massimo Taibi or Mark Bosnich, they are sure to bring some memorable moments to Old Trafford.
Hull City are on the verge of signing Luis Boa Morte from West Ham for a fee of around £2m. Hull seems richer than Chelsea.
Newcastle are expected to renew their interest in Rangers' £3m-rated midfielder Barry Ferguson. Is he crazy enough to head to that circus? Only time will tell.
While Callum Davenport is poised to leave West Ham for Bolton in a deal probably worth £3m after telling polite Gianfranco Zola, "I ain't f*****g playing for you."
Davenport will be heading the F' out of West Ham for that!
Rumors & Realities is happy to know that Cristiano Ronaldo was not injured following his horrific car accident. R-R wishes no one in the world any harm including those under seige.
Until next time,
Cheers for a better world, my friends.