Football transfer gossip: Verratti, Terry, Leiva, Morata, Mbappe, Sanchez, Hart

For the latest gossip and debate, check out our Sportsday rolling news service every weekday, and for a list of all the completed deals, see our transfers page.

Transfer news - latest update (12:30 BST)

Arsenal are prepared to use French striker Olivier Giroud, 30, as part of a deal to sign Monaco forward Kylian Mbappe, 18, or Lyon counterpart Alexandre Lacazette, 26. (London Evening Standard)

Everton have agreed personal terms with Ajax midfielder Davy Klaassen as the 24-year-old's move to Goodison Park moves closer. (Liverpool Echo)

Paris St-Germain midfielder Marco Verratti, 24, could be nearing an £88m move to Barcelona after being spotted - with his agent - in the same Ibiza restaurant as the Spanish side's superstar forward Lionel Messi. (Goal)

Newcastle manager Rafael Benitez is interested in reuniting with 30-year-old defensive midfielder Lucas Leiva, who is believed to be available for about £4m. (Northern Echo)

Marco Verratti reportedly wants to leave the French capital this summer

Transfer news - previous update (07:00 BST)

Striker Alvaro Morata, 24, could complete his £65m move from Real Madrid to Manchester United by early next week. (Daily Mirror)

Monaco striker Kylian Mbappe has said he will have to "sort" through his offers this summer, with Arsenal and Real Madrid both keen on the 18-year-old. (Daily Mail)

Liverpool must pay Roma £35.5m if they want to sign 24-year-old Egypt winger Mohamed Salah. (Daily Mirror)

Arsenal remain determined to resist any offer from Manchester City or Chelsea this summer for 28-year-old forward Alexis Sanchez. (Independent)

Southampton are considering a move for former Borussia Dortmund boss Thomas Tuchel after sacking Claude Puel. (Daily Express)

Manchester City will try to fund half of their summer transfer spree with a planned £130m clearout, led by goalkeeper Joe Hart, 30, and striker Kelechi Iheanacho, 20, for whom the Blues aim to get £25m each. (Manchester Evening News)

West Ham want to sign England goalkeeper Hart on loan. (London Evening Standard)

The Hammers are also poised to make a £10m bid for Manchester United defender Chris Smalling, 27. (Daily Star)

Striker Fernando Torres, 33, has rejected a big-money offer from Mexican side Queretaro to stay at Atletico Madrid for another season. (AS)

Forward Gareth Bale, 27, is not looking for a move away from Real Madrid despite Manchester United's interest in him. (Daily Mail)

Leicester are set to offer Hull defender Harry Maguire a £20.8m contract, which will earn the 24-year-old £80,000 a week over five years. (Sun)

Hull manager Leonid Slutsky has held discussions with Chelsea owner and compatriot Roman Abramovich over taking some Blues players on loan next season. (Daily Express)

Liverpool and Chelsea both want 20-year-old Porto midfielder Ruben Neves. (A Bola, via Daily Star)

Basaksehir vice-president Mustafa Saral has said Tottenham and Manchester United target Cengiz Under, 19, is the subject of interest from a number of clubs. (Turkish-football)

Turkish side Fenerbahce are reportedly planning a double bid for Leicester City forwards Jamie Vardy, 30, and Ahmed Musa, 24. (DHA, via The Sun)

Everton will begin discussions in Italy regarding possible summer transfers, with one of their scouts naming AC Milan forward Carlos Bacca, 30, and Napoli striker Duvan Zapata, 26, as potential targets. (Radio CRC, via Daily Express)

Sunderland forward Fabio Borini, 26, is reportedly hoping for a move back to Italy this summer, despite interest from Celtic. (Newcastle Chronicle)

The back pages

Meanwhile...

Paul Pogba shows off his new haircut

Manchester United midfielder Paul Pogba used Instagram to show off his latest haircut, which appears to be a mixture of the French national colours and Chinese symbols. (Sun)

Jose Mourinho has been nicknamed "Daisy" by his Manchester backroom staff, in reference to the film 'Driving Miss Daisy', because the Portuguese boss is always getting a lift to the training ground. (Daily Mirror)

Leicester have teamed up with rock band Kasabian to produce a new fashion range, which combines rock and roll and football. (Daily Mail)

Syria goalkeeper Ibrahim Alma demonstrated his supreme punching ability in Tuesday's friendly with Japan. Instead of kicking the ball from a clearance, he was able to punch the ball into the opposition half. (Sun)

FA Cup replays are set to be ditched and the competition may soon be a midweek event. (Daily Mail)

Best of Wednesday's transfer news

Arsenal manager Arsene Wenger is working on potential deals for three France internationals as he prepares for some major departures. Monaco's 18-year-old striker Kylian Mbappe, his 21-year-old team-mate Thomas Lemar and Lyon forward Alexandre Lacazette, 26, are all targets. (Daily Telegraph)

Everton's signing of 23-year-old England Under-21 goalkeeper Jordan Pickford from Sunderland will kick off £150m of summer spending at Goodison Park. (Daily Mirror)

Fulham have turned down a £20m bid from Newcastle for 26-year-old midfielder Tom Cairney. (Independent)