Today's Latest Tabloid Transfer Gossip

With the 2008/09 football season only just complete transfer speculation is already rife up and down the country, and also abroad in as far as which players 'may' be joining what clubs in time for the new season in August.

Real Madrid, Manchester United, Lyon, Liverpool, Inter Milan, Chelsea, Tottenham, Sporting Lisbon, Bayern Munich, Manchester City, AC Milan, West Ham, AZ Alkmaar, FC Twente, Aston Villa, Atletico Madrid, Valencia, Espanyol, Newcastle, Barcelona, Arsenal, Rennes, Everton, Birmingham, Blackburn, Coventry, Benfica, Olympiakas, Sunderland, Wolves, West Brom, Reading, Middlesborough, Wigan, Fulham, Derby, Colchester, Stoke and Leeds are all caught up in transfer gossip today.

Is your Club involved?

Here is a round up:

Real Madrid could use strikers Alvaro Negredo, 23, and Alberto Bueno, 21 as part of a cash plus players deal to lure Liverpool midfielder Xabi Alonso to the Bernabeu - Spanish paper AS

Manchester United winger Cristiano Ronaldo - who seems certain to join Real Madrid after United accepted an £80m bid - had reportedly secured a deal with Real that guaranteed the Spanish club would pay him £20m in compensation if a deal to bring him to the Bernabeu did not go through by 30 June - Press Association

Valencia have turned down a reported offer from Chelsea for David Villa, with the Spain international seemingly set to join Real Madrid instead, according to the player's agent - Press Association

Barcelona are preparing a bid for Liverpool midfielder Yossi Benayoun - Daily Mail

Real Madrid striker Alvaro Negredo has revealed that if he is forced to leave the Bernabeu then Liverpool would be an attractive destination - Sky Sports

AC Milan midfielder Andrea Pirlo has received Italy coach Marcello Lippi's blessing to move to Chelsea this summer - Daily Star

French club Lyon have declared an interest in signing former Arsenal midfielder and captain Patrick Vieira from Inter Milan - Press Association

Sporting Lisbon have initiated talks with Manchester United about re-signing winger Nani on an extended loan spell or arranging a player-plus-cash exchange involving their captain, the attacking midfielder Joao Moutinho - The Guardian

Atletico Madrid say they are not willing to part with Argentine striker Sergio "Kun" Aguero, believed to be a Chelsea target - Spanish paper AS

Chelsea's summer transfer plans have been dealt a blow by Bayern Munich placing a £65m asking price on midfielder Franck Ribery - The Times

Blues striker Didier Drogba has ruled out an £18m transfer to Manchester City this summer after sources revealed he wishes to remain at Stamford Bridge - The Sun

AC Milan midfielder Clarence Seedorf has turned his back on a summer move to Chelsea after insisting: "I have a contract with Milan." - Daily Star

In addition, the Stamford Bridge club have turned their attention to AZ Alkmaar striker Moussa Dembele after a £12m deal for FC Twente striker Marko Arnautovic broke down after his medical revealed a foot fracture - Daily Mail

West Ham have joined Chelsea in the race to sign Manchester City's 19-year-old striker Daniel Sturridge, who is out of contract this summer - Daily Mail

Tottenham Chairman, Daniel Levy, has placed a £12m asking price on 24-year-old Bentley, who is interesting Aston Villa - Daily Express

Spurs will battle it out with Sunderland and Stoke to sign centre-back Richard Dunne from Manchester City - Daily Mail

Also, Spurs' Brazilian striker Giovani dos Santos is set to join Spanish club Espanyol on a year-long loan with a view to a permanent £5m switch - Daily Star

Barcelona midfielder Yaya Toure could move to England this summer, but his agent claims he will not be joining Arsenal because he has received better offers from other clubs - The Independent

Newcastle are also preparing for a huge clear-out, with high-earning stars such as midfielders Kevin Nolan, Alan Smith, Jonas Gutierrez, Joey Barton and Geremi peddled to clubs at home and abroad - Daily Mirror

Manchester City target, Cameroon striker Samuel Eto'o, is set to leave Barcelona for Inter Milan with Zlatan Ibrahimovic moving to the Nou Camp - Daily Mail

Everton are set to complete the signing of 23-year-old Cameroon midfielder Stephane Mbia for £8m from Rennes - The Sun

Birmingham are preparing a raid on rivals Aston Villa for £5m-rated centre-back Zat Knight - The Sun

Birmingham are also closing in on a £3.5m deal for Coventry defender Scott Dann - Daily Mirror

Blackburn striker Matt Derbyshire's proposed permanent move to Greek side Olympiakos is on hold until the future of fellow Rovers striker Roque Santa Cruz is resolved - The Sun

Blackburn will revive their interest in Benfica's Ivory Coast defender Marco Zoro this summer - Daily Mirror

Wolves are set to snap up keeper Marcus Hahnemann on a free after the 36-year-old was released by Reading - Daily Mirror

Wigan are also on the lookout for a new keeper with Derby County shot-stopper Roy Carroll top of prospective new Latics manager Roberto Martinez's list - Daily Mail

Middlesbrough boss Gareth Southgate is ready to offer £350,000 for Colchester winger Mark Yeates - Daily Mirror

Fulham are looking to hijack Birmingham's bid for American defender Oguchi Onyewu - Sky Sports

Fulham are the new favourites to sign Middlesbrough midfielder Gary O'Neil in a £5m deal - Daily Mirror

Stoke and Wigan are both chasing wantaway Middlesbrough striker Jeremie Aliadiere - Daily Mirror

Another Middlesbrough player set to move this summer is Turkish international forward Tuncay, who has admitted his desire to quit the club - Daily Star

West Brom are pressing ahead with attempts to sign midfielders Youssouf Mulumbu and Juan Carlos Menseguez - who spent the second half of last season on loan at the Hawthorns - on a permanent basis even though doubt remains over the future of manager Tony Mowbray - Press Association

Leeds striker Jermaine Beckford has warned the League One club he could run down his contract and leave Elland Road for nothing next summer - Daily Mirror