Transfer Rumours Latest: Late Bid for Luis Suarez, and Arsenal Ready to Spend

It seems like only yesterday that the transfer window opened for business, but we are nearly at the end of the line.

Tottenham surprised us by not dragging the Gareth Bale deal out to deadline day, but there's still much going on. 

Will Arsenal make any signings? Will Tottenham spend more money? Will Manchester United react to the loss to Liverpool with a transfer raid?

The day will develop at a pace and we kick things off with Monday's instalment of the Summer Transfer Gossip Roundup.

Real to Make Raid for Luis Suarez

After shelling out £86 million on Bale, you’d have thought Real Madrid would have put the chequebook away.

Not so, if Danny Griffiths of the Metro is to be believed. Griffiths claims Real are readying a deadline-day bid for Liverpool striker Luis Suarez.

It looked as if the Suarez transfer trail had gone cold following the striker’s return to training, but the Reds may need to fend off one final gambit.

Griffiths writes:

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Real Madrid are preparing to follow up their £86million world record signing of Gareth Bale by making a £45m swoop for Liverpool striker Luis Suarez.

Sources in the Spanish capital have revealed that Real are ready to offload some of their key men in order to fund the move for the Uruguay international, who has a £40m release clause in his contract.

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United to Up Ante for Herrera and Fellaini

Manchester United's loss to Liverpool on Sunday could well spark a raid on the market and the Daily Telegraph's Mark Ogden is reporting that a bid for Ander Herrera of Athletic Bilbao and Everton's Marouane Fellaini will be lodged.

Midfielder Herrera was left out of the Bilbao side that lost to Real Madrid on Sunday, which fuelled suggestions that he could be on his way to United.

Such talk was played down by Bilbao coach Ernesto Valverde who said the move was tactical, according to Charles Reynolds of the Independent.

However, Ogden suggests Moyes will go in for Herrera and will also make a renewed attempt to prise Fellaini away from Everton.

Arsenal Readying Mesut Ozil Raid

Arsenal are on cloud nine following their North London derby win over Tottenham, and the Gunners could be set for a breakthrough in the transfer market.

Manager Arsene Wenger has frustrated Gunners fans by failing to spend any money so far in the window, but that could be about to change on deadline day.

John Cross in the Daily Mirror suggests Wenger has organised a medical in the hope of persuading Germany international Mesut Ozil to swap Real Madrid for the Emirates.

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Arsenal are understood to be ready to sign Ozil either permanently or, because the German international has reservations about leaving Real, on a season-long loan.

Mirror Sport understands Arsenal are due to hold further discussions on Monday and a medical has been booked, should it be needed.

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Cross also claims Ozil's team-mate Angel Di Maria, Schalke’s Julian Draxler and Chelsea forward Demba Ba are also targets for Wenger.

Everton Fail with James McCarthy Bid

Everton have failed with a £12 million bid for Wigan midfielder James McCarthy, reports Simon Jones in the Daily Mail.

The Toffees are locked in talks with Manchester United for Fellaini, with manager Roberto Martinez eager to make sure he has a replacement lined up.

McCarthy has been on Everton's radar for much of the summer, but Wigan are determined to eke out as much as they can get for the midfielder.

"We rejected the bid because it's still not near the value we'd expect," Jones quotes Wigan chairman Dave Whelan as saying.

"If we have to sell James then we will have to bring someone in and that's not easy, I really hope he stays with us. Everyone seems to leave the business until the last minute."

Jones also reports that Everton are looking at Manchester City's Gareth Barry and Tom Ince of Blackpool.

AC Milan to Win Race for Kaka

AC Milan are primed to win the race to sign Kaka from Real Madrid, writes the Daily Mail's John Drayton.

The Brazil international said last week that he wanted to leave Real, which led to talk of a bid from Arsenal.

However, Milan have always been in the frame—having sold Kaka to Real in 2009—and the club's vice-president Adriano Galliani is working on a deal.

Drayton claims Kaka will "sign a reported two-year contract with Milan—on greatly reduced terms."

The report also states the player will leave on a free transfer.

Such a deal will end talk of a move to MLS side LA Galaxy, as a report in the Independent claimed Kaka would move to America in March.

Borini to Swap Liverpool for Sunderland

Liverpool's expected capture of Victor Moses, who was seen at Anfield on Sunday as the Reds beat Manchester United, is set to see Fabio Borini depart for Sunderland, writes the Mail's Simon Jones.

In his piece, Jones writes: "Moses’ arrival will push Borini down the pecking order and the Italian feels he will get more chances under Paolo Di Canio."

Sunderland manager Paolo Di Canio, who took a swipe at his players following the defeat to Crystal Palace on Saturday, is set to bring in Borini on a season-long loan, per Jones' article.

Bits and Pieces: Defoe, Adebayor, Ince

Stoke City have made a move on deadline day, with Mark Hughes signing winger Marko Arnautovic from Werder Bremen—according to the club's Facebook page.

Tottenham are still keen on splashing the cash, as a report by Pat Sheehan in The Sun (subscription only) claims Spurs are close to finalising a £10 million deal for Blackpool’s Tom Ince.

Crystal Palace are plotting a raid on their bitter rivals Brighton for Argentina winger Leonardo Ulloa, writes Hector Hunns in the Mirror.

There could be players heading out of Tottenham, as the Mirror’s Darren Lewis claims QPR boss Harry Redknapp has tabled loan offers for Emmanuel Adebayor and Jermain Defoe.