Paper Gossip: Carlos Vela Linked to Arsenal, Man Utd Chase Alexis Sanchez

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We are one day from the start of the World Cup, but the newspapers still have plenty of transfer speculation to keep us thinking on Wednesday.

Carlos Vela is linked with a return to Arsenal, while Manchester United are chasing Barcelona star Alexis Sanchez, according to reports.

But who else is making the headlines on Wednesday? Read on to find out more.

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Arsenal have decided to bring Carlos Vela back to the Emirates Stadium, reports Neil Rowlands of the Daily Mirror.

According to Real Sociedad president Jokin Aperribay, the Gunners have agreed to exercise their buy-back option after selling the Mexico star to the Spanish club.

Aperribay is quoted as saying: "Arsenal have informed us that Vela will be with them next season."

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Incoming Manchester United manager Louis van Gaal has targeted Barcelona star Alexis Sanchez for a move to Old Trafford, claims Jamie Jackson of The Guardian.

Jackson claims that Van Gaal is a keen admirer of the Chile international and he fits the profile favoured by the Dutchman.

Meanwhile, Chisanga Malata of the Daily Star claims that United have agreed personal terms with Southampton defender Luke Shaw.

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Liverpool are battling to save their move for Sevilla left-back Alberto Moreno, reports Gary Jones of the Daily Star.

According to the article, the Spanish club are looking for £18 million for the Spain international.

However, Jones claims that the Reds will look into further options for the deal before progressing to other targets.

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Atletico Madrid are considering an £18 million move for Arsenal midfielder Santi Cazorla, claims Nick Lustig of the Daily Star.

According to the article, the La Liga champions are planning for the potential loss of Koke this summer.

And Vicente Calderon head coach Diego Simeone views Cazorla as a possible replacement, reports Lustig.

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AC Milan are set to join the chase for Bayern Munich striker Mario Mandzukic, reports Rhys Turrell of the Daily Star.

Turrell claims that the Serie A club are looking to offload Mario Balotelli to fund a move for the Croatia international.

However, the article also reports that Arsenal, Chelsea and Manchester United have an interest in the forward.

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Everton are the surprise name to join the chase for Barcelona winger Cristian Tello, reports Simon Jones of the Daily Mail.

The article claims that Liverpool, Valencia, Porto, Arsenal and Tottenham Hotspur are all eyeing the 22-year-old.

But with Luis Enrique overhauling his Camp Nou squad, the Toffees are now weighing up a move for Tello for £8 million, claims Jones.

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Inter Milan are set to launch a move for Manchester City striker Stevan Jovetic, reports David Anderson of the Daily Mirror.

The Montenegro international has suffered a stop-start season at the Etihad Stadium after injuries hampered his progress.

But now the Serie A club are looking to make a move for Jovetic this summer to bolster their squad for next season.