Paper Chase: Sanchez, Ronaldo latest

Each day during the summer transfer window we'll bring you the very latest tabloid rumors as the biggest clubs around splash the cash to bolster their rosters. True or not, they're always entertaining...

DAILY MIRROR

Birmingham have told Aston Villa to cough up £5million for Alex McLeish - or they will stick him on gardening leave.

Nottingham Forest vowed new boss Steve McClaren will have plenty of financial muscle - then took a parting shot at Billy Davies.

Chris Hughton is the favourite to succeed Alex McLeish as boss at Birmingham.

Liverpool's pursuit of Charlie Adam should finally pay dividends this week.

Barcelona plan to step up their efforts to finally lure Cesc Fabregas back to the Nou Camp - convinced that Arsenal will do business.

Jordan Henderson has declared he won't be pressured by his £20million price tag.

Manchester United will pay £20million for new-boy Phil Jones - if he goes on to win trophies and England caps galore.

Manchester City have opened talks with Udinese over their £30million-rated winger Alexis Sanchez.

Portsmouth are weighing up a move for Burnley defender Andre Bikey.

Arsene Wenger has been told he will have to pay £13million to take St Etienne's Blaise Matuidi to Arsenal.

Steve Bruce will attempt to slash Sunderland's wage bill - with high-earners Craig Gordon and Steed Malbranque vulnerable in the clear out.

Didier Drogba emerged last night as a potential pawn in Chelsea's bid to land Luka Modric from Spurs.

Tottenham could move for Emmanuel Adebayor with Real Madrid refusing to meet Man City's £14million asking price.

Swansea boss Brendan Rodgers is targeting Iceland striker Eidur Gudjohnsen.

Alex Ferguson has had an enquiry for Real Madrid midfielder Mesut Ozil rebuffed as he searches to replace Paul Scholes.

Blackburn boss Steve Kean wants Brazil defender Miranda to replace Man Utd-bound Phil Jones.

David Moyes faces a fight with Atletico Madrid for Real Madrid's 20-year-old starlet Sergio Canales.

Fulham are ready to snap up DJ Campbell from Blackpool - and beat Sunderland to his £1.25million signature.

THE SUN

Furious Birmingham last night accused Alex McLeish and Aston Villa of a "conspiracy".

Cristiano Ronaldo last night told Manchester City: I'm not going to sign for you.

Arsenal chief executive Ivan Gazidis has promised fans a busy summer in the transfer market.

Chelsea are ready to offer Luka Modric £130,000 a week to defect to Stamford Bridge.

Nani has revealed how he would love to work with Real Madrid boss Jose Mourinho one day.

Connor Wickham will snub Sunderland in the hope of landing a move to Liverpool.

Sunderland are trying to snatch PSG striker Mevlut Erding from under the noses of bitter rivals Newcastle.

Blackburn boss Steve Kean has vowed to fight to keep skipper Chris Samba out of the clutches of Arsenal and Tottenham.

Michael Essien is set to snub Real Madrid and stay at Chelsea.

Manchester City officials were last night in Italy trying to thrash out a deal for Udinese's £30million-rated winger Alexis Sanchez.

Wigan are expecting a scramble for £9million-rated Charles N'Zogbia after granting his wish to go.

Gervinho wants to snub Tottenham and join Arsenal in a £14million move from Lille.

Arsenal are heading the chase for the £3.5million-rated Swedish teenager Alexander Milosevic.

Charlie Adam could become a Liverpool player by the end of the week.

DAILY STAR

Birmingham will demand over £5m from Aston Villa to release Alex McLeish from his contract as the battle for the boss gets increasingly bitter.

Manchester United have failed in a bid for Real Madrid star Mesut Ozil.

Charlie Adam is set to join Kenny Dalglish at Liverpool by the end of the week.

Ray Wilkins could be in line for a sensational return to Chelsea as part of Guus Hiddink's new backroom team.

Man City boss Roberto Mancini is closing in on a £28million deal to land Chilean winger Alexis Sanchez.

Sunderland boss Steve Bruce has suffered a triple transfer snub, with Peter Crouch, Connor Wickham and Morgan Amalfitano opting against a move to the Stadium of Light.

DAILY MAIL

Manchester City finally stamped their mark on the summer transfer market yesterday by opening talks over a £27million deal for Udinese winger Alexis Sanchez.

Arsenal will table a £12million bid for Lille forward Gervinho this week as they look to head off growing interest from Manchester City.

Wolves will offer £3.5million for Reading defender Matt Mills ahead of interest from Stoke.

West Brom look likely to scrap plans to sign Ola Toivonen from PSV Eindhoven after being quoted £10million for the striker.

Ipswich are poised to sign Blackburn striker Jason Roberts.

West Ham want to hijack Birmingham's move for free agent Anthony Gardner.

DAILY EXPRESS

Birmingham have turned the battle over Alex McLeish into open warfare by demanding £5.4million in compensation and threatening Aston Villa with an injunction.

Marseille are ready to offer Younes Kaboul regular first-team football to tempt him away from Tottenham.

Bolton boss Owen Coyle has seen his move for Birmingham striker Cameron Jerome put on hold.

David Vaughan is eyeing a Premier League return with Sunderland after beginning the exodus at Blackpool.

THE TIMES

Cesc Fabregas will reiterate his desire to join Barcelona this summer and is prepared to go public with his intentions should Arsenal once again block his move back to Spain.

DAILY TELEGRAPH

Birmingham will demand that Aston Villa pay £5.4million in compensation if they appoint Alex McLeish as their new manager.

DAILY RECORD

Ally McCoist will meet with Craig Whyte today to discover how much money he can spend this summer.