Wednesday's gossip column: Valdes, Terry, Buffon, Grealish

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Manchester United are prepared to terminate the contract of out-of-favour goalkeeper Victor Valdes, 33, but only if the Spain international leaves the Premier League. (Daily Mail)

Chelsea are set to sign former AC Milan goalkeeper Marco Amelia, 33, on a short-term basis as cover for injured first-choice Thibaut Courtois. (Guardian)

The Daily Mirror features Arsenal's defensive lapses that led to a shock Champions League defeat by Olympiakos

Blues skipper John Terry, 34, has had several offers from Chinese clubs, while Turkish side Fenerbahce have stepped up their interest in the former England captain. (Daily Mirror)

Former Manchester United defender Rio Ferdinand believes Terry still has a lot to offer the Blues. (Daily Star)

Juventus goalkeeper Gianluigi Buffon, 37, has revealed his desire to play in the Premier League before calling time on his illustrious career. (Metro)

Chelsea have joined Arsenal and Liverpool in the chase to sign 23-year-old Sporting Lisbon midfielder William Carvalho. (Tutto Mercato via Metro)

The Football Association could be looking for a new chairman next year, with 68-year-old Greg Dyke's stint in charge ending in 2016. (Sun - subscription required)

Carlton Cole's proposed move to Celtic could be in jeopardy after the former West Ham striker, 31, suffered an injury in training at Lennoxtown. (Daily Express)

Newcastle are prepared to let striker Ivan Toney, 19, go out on loan, but will resist offers for striker Emmanuel Riviere, 25, despite interest from Wolves. (Newcastle Chronicle)

Everton fielded unattached former AC Milan and Espanyol right-back Felipe Mattioni, 26, in their under-21 side on Tuesday. (Liverpool Echo)

Former Chelsea defender Graeme le Saux says the Blues are suffering the worst run of form of any side under the management of Jose Mourinho.(Talksport)

Manchester United boss Louis van Gaal wants silverware before his Reds deal ends in 2017, but he still could stay on and break a promise to his wife. (Manchester Evening News)

Former Liverpool captain Steven Gerrard says it was "a dream" of his for Jose Mourinho to take charge of the Anfield club. (Daily Mirror)

The father of Jack Grealish has revealed that Republic of Ireland manager Martin O'Neill got in touch to offer his best wishes to his son, despite the 20-year-old Aston Villa midfielder deciding to represent England rather than the Republic at international level. (Irish Mirror)

The Daily Telegraph focuses on a disappointing night for London clubs in the Champions League

Swansea manager Garry Monk is taking inspiration from Rugby World Cup favourites New Zealand after reading a book on the secrets of the All Blacks' success. (Wales Online)

Sunderland midfielder Yann M'Vila, 25, has come to the defence of boss Dick Advocaat and insists it is the players to blame for the Wearsiders' disappointing start to the season. (Sun - subscription required)

Talks are progressing well over plans for the MK Dons to house Tottenham for the 2017-18 season while the Premier League side redevelop White Hart Lane into a 61,000-seat stadium. (Daily Mail)

Arsenal are interested in signing PSV Eindhoven defender Aboubacar Kone, 14, if the in-demand Belgium youth international is not tied down by the Dutch champions before his 16th birthday. (Anderlecht-online - in Dutch)

Best of social media

Michael Owen scored 40 goals for England in 89 appearances

Former England striker Michael Owen found an uninvited guest in his house on Tuesday morning. He tweeted: "It's not every day you leave to do the school run and find a little lizard in your house!" (Better-informed Twitter followers advised him it was a newt.)

Celebrity Arsenal fan Piers Morgan left his followers in no doubt about his feelings towards Gunners' boss Arsene Wenger after the shock 3-2 Champions League defeat at home to Olympiakos on Tuesday. He tweeted: "Jurgen Klopp is available. What the hell are we waiting for?"

Former Arsenal midfielder Ray Parlour shared Morgan's pain when tweeted after stand-in goalkeeper David Ospina's own goal helped Olympiakos to victory at the Emirates.

Former Arsenal midfielder Ray Parlour on Twitter

And finally...

Manchester City boss Manuel Pellegrini, 62, had to jump into a taxi and race back home on Tuesday afternoon after turning up at Manchester airport with the wrong passport. (Times - subscription required)

Manchester United's German midfielder Bastian Schweinsteiger, 31, says he does not always understand skipper Wayne Rooney's Liverpool accent. (Daily Express)

AC Milan striker Mario Balotelli's former girlfriend Fanny Neguesha is to release a single about her turbulent relationship with the 25-year-old former Manchester City and Liverpool player. (Gazzetta World via Daily Star)