Summer Transfer Gossip: Samuel Eto'o, Micah Richards, Cabaye and Chicharito

The transfer window is wide open with a fortnight to run, and there is talk of panic at Arsenal.

The Gunners failed with one bid on Monday, but various reports suggest Arsene Wenger is ready to keep on bidding.

Manchester United incurred the wrath of Everton for their bid for Marouane Fellaini and Leighton Baines. Will the Reds Devils return with an improved offer?

The papers have plenty of column inches devoted to that and other transfer talk, and we’ve got it all covered in Tuesday’s edition of the Summer Transfer Gossip roundup.

Arsenal to Hit the Panic Button

"Don't panic!" was a catchphrase of a comedy character of whom the elder readers will be all too aware. Corporal Jones of Dad’s Army fame could do with screaming at Wenger, if a report in the Daily Star is to be believed.

The Arsenal boss had a bid for Yohan Cabaye rejected on Monday, but he is planning a series of other moves, with Star writer Paul Brown claiming the Frenchman has elected to press the “panic button.”

In his piece, Brown writes:

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Starsport understands the crisis club are targeting at least three other players in deals which could end up costing a combined £65m.

They are Swansea pair Michu and Ashley Williams—as well as Manchester City's Micah Richards, who wants to join the Gunners.

Arsenal have so far been foiled in their pursuit of major targets like Luis Suarez, Wayne Rooney and Gonzalo Higuain.

"

The Mirror's John Cross has also reported on the mutual interest between the Gunners and Manchester City defender Micah Richards, stating:

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Richards, 25, is an Arsenal fan and would be interested in a move if it meant he got more games in a World Cup year. Arsenal are looking for a right back which would allow Bacary Sagna to switch to centre half as cover.

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Manchester United to Up Ante for Leighton Baines and Marouane Fellaini

Manchester United were given short shrift by Everton, who described the Red Devils' double-bid for Leighton Baines and Marouane Fellaini as "derisory and insulting."

The £28 million offer did not match Everton’s valuation of the pair, but the Mail’s Dominic King claims United could up the ante in the coming days as manager David Moyes seeks to add to his ranks.

King claims Moyes has a £70 million transfer fund at his disposal and says the Scot is "anxious to bolster his midfield."

Liverpool Looking at Teen Striker Richairo Zivkovic

Liverpool are locked in a battle with Tottenham for Anzhi Makhachkala midfielder Willian, but Reds boss Brendan Rodgers has other irons in the fire. That includes teenage striker Richairo Zivkovic, writes Simon Jones in the Mail.

At 16, Zivkovic is not going to be a Premier League regular in the next 12 months, but he has been attracting attention for Dutch club Groningen, who have confirmed the interest from Liverpool in Jones' piece.

In his article, Jones quotes Groningen executive director Hans Nijland as saying: "All the top clubs in Holland want him, but Liverpool are here every week too. They are watching him closely and very keen."

Manchester United Cast Eye on Samuel Eto'o

Samuel Eto’o appears to be heading for the exit door at Anzhi Makhachkala following owner Suleyman Kerimov’s decision to scale back his spending.

Chelsea have been strongly linked, while Arsenal have also been credited with an interest, but reports in Gazzetta dello Sport claim that Manchester United are ready to enter the race, per Metro.

The report claims that United could make a move for the striker, who is reported to be available for £5 million, should Wayne Rooney leave Old Trafford for Chelsea.

The piece claims the one potential barrier is Eto’o’s wages, with the Cameroon forward currently being paid somewhere in the region of £300,000 per week.

Chicharito Snubs Valencia to Fight on at Manchester United

Manchester United forward Javier "Chicharito" Hernandez has rejected a move to Valencia, according to Hannah Duncan of the Metro.

Hernandez has struggled to nail down a regular starting spot at Old Trafford—Robin van Persie, Danny Welbeck and Wayne Rooney are also vying for starts—and Duncan confirms an offer came the forward’s way from Valencia.

Duncan’s piece contains quotes from Hernandez’s agent, Eduardo Hernandez, who says his client wants to fight for his future at United.

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Of course he wants to play more, to have more minutes, to participate more, but he wants to do it at United, he wants to defend the title and go far in the Champions League.

The interest from Valencia was real. He had the chance to speak with the sporting director [Braulio Vazquez] but Javier, I reiterate, wants to stay at Manchester United, this is the challenge.

He was very grateful to Valencia and the other clubs who called him.

"

Bits and Pieces: Oscar Cardozo, Aly Cissokho, Charis Mavrias

Crystal Palace boss Ian Holloway has been knocked back in his bid for Ipswich defender Aaron Cresswell, according to the Mail.

Liverpool have won the race for Aly Cissokho, according to The Sun (subscription required), who say the Valencia left-back will join on a season-long loan on Tuesday.

According to the Mirror, Paolo Di Canio stated at the weekend that he wanted five new players, and The Sun (subscription required) say Greek winger Charis Mavrias will join Sunderland in a £2.5 million deal.

Sam Allardyce has been a busy boy this summer, and his spending is set to continue. According to the Daily Star, West Ham are set to table a bid for Benfica striker Oscar Cardozo.

After beating QPR to the signing of Scott Parker, Fulham have shelved plans to sign Santos' Brazil international Arouca, says Simon Jones of the Mail.

Mail scribe Jones has been extremely busy, as he also states that Hull City have lodged a bid for Auxerre forward Paul-Georges Ntep de Madiba. Jones says the Tigers are hopeful a £1.5 million bid will seal the deal.