Morning all. So, what is the transfer window going to throw up for us today? Rumour has it that a couple of big deals are going to near completion over the next few hours and you will kept updated with all the speculation right here.

Let's start with some of the stories that have been making the headlines overnight:

Southampton consider Manchester City's John Guidetti?
Leicester City make £6.5m bid for Watford's Troy Deeney
Mark Hughes hopeful of Bojan deal
Ronald Koeman: 'Liverpool have not made Dejan Lovren bid'
Manchester City to offer Didier Drogba lucrative alternative to Chelsea return?

Hull have been one of the busiest Premier League sides so far this summer, having signed Jake Livermore, Robert Snodgrass and Tom Ince. Now, it appears that Steve Bruce is keen to bolster his defensive options. Michael Dawson and Harry Maguire have been linked with moves to the KC Stadium, but today Dundee United's Andrew Robertson is believed to be a target.

James Rodriguez is close to securing his move to Real Madrid. The Colombian international, who is believed to be costing £70m, has arrived for his medical:

Manchester United's Michael Carrick pays tribute to departing teammate Patrice Evra on Twitter.

Potentially some big news for fans of Swansea and Tottenham Hotspur. According to a report, Swans goalkeeper Michel Vorm has agreed terms with the North Londoners. I must say, that's an odd transfer from the Dutch keeper's point of view. Surely he won't play much at White Hart Lane with Hugo Lloris the number one stopper?

For our full story on Wisdom's switch to The Hawthorns, including quotes from West Brom head coach Alan Irvine, click here.

Crystal Palace have confirmed that midfielder Jose Campana has joined Sampdoria. The 21-year-old Spaniard has moved to the Serie A club for an undisclosed fee.

That's all from me for now, but I'm pleased to say that Jack Prescott will be with you for the next couple of hours to take you through all of the latest transfer news and gossip. Over to you, Jack!

Thank you, Liam! Right, let's start off with a bit of news from the Premier League. Brighton & Hove Albion have confirmed that forward Leonardo Ulloa has moved to Leicester City for a club-record fee. The Argentine, 27, has penned a four-year deal with the Premier League club.

Cardiff City defender Steven Caulker is reportedly undergoing a medical ahead of a proposed move to Queens Park Rangers. QPR boss Harry Redknapp recently confirmed that the two clubs had agreed a fee for the 22-year-old centre-back.

Some good news for west Brom now with goalkeeper Ben Foster signing a new contract with the club. The shotstopper has committed his future at The Hawthorns by signing fresh terms until the summer of 2018, while the club have a clause which will allow them to extend that by a further 12 months.

If you're looking for a round-up of all the latest transfer news and gossip, you've come to the right place. You can check out all of this morning's developments with our 1pm Transfer Talk Update right here.

BREAKING NEWS! Real Madrid have confirmed the signing of Monaco's James Rodriguez on a six-year deal. The 23-year-old Colombian underwent a medical with the European champions earlier today before penning a long-term contract.

Leonardo Ulloa has revealed that he could not turn down the chance to join Leicester City from Brighton & Hove Albion. With Brighton having failed to reach the Premier League last season, Ulloa admits that it was impossible to reject the opportunity to play in the top flight with Leicester.

Monaco striker Radamel Falcao has insisted that he wants to stay with the club. The Colombian joined the Ligue 1 side in a big-money move from Atletico Madrid last summer, but injury problems saw him struggle to make an impact during his first season in France.

That's all from me for now, but Liam Apicella will be here for the next couple of hours to take you through all of the latest developments in the summer transfer window. Enjoy!

Thanks Jack and afternoon all. So, we've already seen a handful of deals go through today, let's hope for some more over the next couple of hours.

Jack told you a few minutes ago of Rodriguez signing for Real Madrid. The Colombian is Los Blancos's second arrival of the summer after German international Toni Kroos. Incidentally, it's just broken this afternoon that Kroos's brother Felix has extended his contract with Werder Bremen by another three years.

Let's head to Manchester shall we, where there are reports involving both clubs this afternoon...

First up, it's been speculated that Manchester City have no interest in signing Didier Drogba, despite some reports claiming that the veteran striker had been identified as the ideal replacement for the injured Alvaro Negredo. Drogba is still expected to return to Chelsea by the end of the week.

Meanwhile, across the city at Old Trafford, Manchester United are said to have lodged a bid worth £27m to Fiorentina for Colombian winger Juan Cuadrado. The 26-year-old is also believed to be a target of Barcelona.

Someone that won't be playing in the Premier League next season, though, is Mario Balotelli. That's according to new AC Milan head coach Filippo Inzaghi, who is expecting the former Man City frontman to remain at the San Siro this summer. Recent reports have linked both Arsenal and Liverpool with moves for the 23-year-old.

From Manchester to League Two side Luton Town, who have made a double swoop this afternoon. Arriving at Kenilworth Road are free agents Mark Onyemah and Charlie Walker.

Back to Real Madrid's purchase of Rodriguez and unsurprisingly Monaco are disappointed to see the Colombian leave. After all, he only spent one season with the Stade Louis II. To find out what the club's chief executive has had to say about the deal, see here.

So, who will replace Rodriguez at Monaco then? Well, according to one report in France, Real Sociedad's Antoine Griezmann is the frontrunner, while Wesley Sneijder and Xherdan Shaqiri are being considered.

And with that, I'm done for today. Jack Prescott will be returning very shortly to guide you through the next few hours. Enjoy! Over to you, Jack...

Cheers, Liam. Here's a bit of Championship news at the top of the hour, with Keith Andrews being told by Bolton that he is free to leave the club this summer. The 33-year-old was recently left out of the team's pre-season trip to Scandinavia.

Newcastle United midfielder Sylvain Marveaux has joined French side Guingamp on season-long loan deal. The 28-year-old has made just 57 appearances in three years for the Magpies following his move from Rennes in 2011.

Owen Garvan has refused to dismiss speculation that has linked him with a return to Ipswich Town. He still has one year left to run on his contract at Selhurst Park, but he has been made available for transfer by the Premier League outfit.

Crystal Palace defender Jack Hunt has joined Nottingham Forest on loan. The 23-year-old will remain at the City Ground on a temporary deal until December 31.

To be filed under 'Say What?!': Barcelona talisman Lionel Messi reportedly sounded out Arsenal last season regarding a switch to the Emirates Stadium. In May of this year, the 27-year-old committed his future to his Catalan employers by signing a new contract, which is believed to contain a release clause in the region of £200m.

AC Milan forward Robinho has hinted that he is due to leave the club by thanking the club's fans for their support. The Brazilian has been linked with a move to MLS side Orlando City in recent weeks.

Steven Caulker has completed his move from Cardiff City to Queens Park Rangers for an undisclosed fee. The defender, 22, has arrived at Loftus Road on a four-year deal for what is believed to be a fee of around £8m.

Stoke City have sealed the signing of Barcelona forward Bojan Krkic on a four-year deal. The 23-year-old has arrived at the Britannia Stadium for an undisclosed fee. Something of a surprise, that one...

Queens Park Rangers boss Harry Redknapp has expressed his delighted following the signing of Steven Caulker at the club.

"Steven's a top player, so we're delighted to have him at QPR," Redknapp told the club's official website.

"He's young; he's a good age; he's already a fine player but he has so much more potential – it's a really excellent signing for the club."

That's all from me for today, but I'm pleased to say that Phil Archibold with be with you for the next four hours to take you through all of the latest news and gossip from the summer transfer window. Enjoy!

Thanks Jack, evening folks. Still plenty of transfer news to get through tonight, for starters go ahead and sink your teeth into our 7pm Transfer Talk Update, which includes the latest on Didier Drogba and Radamel Falcao.

Thinking about moving to Turin, Italy? Contact Manchester United target Arturo Vidal, who has reportedly put his house up for sale.

No-one can really be blamed for not wanting to fly to the Ukraine right now. Shakhtar Donetsk forward Douglas Costa is refusing to return to the club, and both Arsenal and Spurs are considering offering him a new home in North London.

It hasn't been the best window for Southampton fans thus far, though the club are looking to begin the rebuilding process with moves for Fraser Forster and Nathan Redmond.

Roma manager Rudi Garcia has revealed that Mehdi Benatia will be staying with the club. The defender has been linked with Chelsea, Manchester United and Manchester City to name but a few!

Look away now Saints fans. Chelsea are reportedly considering a bid for Dejan Lovren and are keen on pinching the defender from under Liverpool's nose!

Premier League new boys Leicester City have had a second bid for Troy Deeney turned down, with Watford hoping they can hang on to their star striker.

Cesc Fabregas has revealed how his new manager Jose Mourinho missed his own son's final game of the season to come and convince him to join Chelsea!

That's it from me, but Joe Fish is here to keep you up to date right through to 2am.

Thanks Phil. I'll start with a line on one of the youngest Premier League transfer targets of the summer. Croatian prospect Nikola Vlasic, 16, has been linked with a move to Tottenham Hotspur but his father has insisted that it would be better for the teenager to stay at Hajduk Split for now.

Someone else who Tottenham appear poised to miss out on is Loic Remy, who had been linked with Spurs and Arsenal before Liverpool triggered the £8.5m release clause in his Queens Park Rangers contract. The Frenchman has apparently joined Liverpool for their pre-season training camp in America and will undergo a medical before being confirmed as a Red on Thursday.

Remy is one of several attackers who Rodgers hopes to bring in to replace Luis Suarez, who has agreed a £75m move to Barcelona. Rodgers, though, has insisted that the Reds can continue to progress despite the loss of their 31-goal top scorer from last season, whom he has described as a "good friend."

Runners-up Liverpool finished above seventh-place Manchester United in the Premier League last season, but Old Trafford executive vice chairman Ed Woodward has insisted that they remain the "biggest club in the world" and still have the pulling power to attract the game's top players.

Former United favourite Steve Bruce has already signed three new players for his Hull City squad this summer and the Tigers are now reportedly in talks with Rennes over the transfer of defender Jean-Armel Kana-Biyik. Bruce is keen to add a centre-back to his squad and is also interested in Spurs captain Michael Dawson.

Moving into the Championship now, and Watford appear to have acted quickly to try and secure the services of Keith Andrews, who has been told by Bolton Wanderers that he is free to leave the Reebok Stadium this summer. The Hornets are apparently closed to agreeing a season-long loan deal for the Republic of Ireland international midfielder, who is 33 years old.

Our final line of the night comes from Roma, whose manager Rudi Garcia has vowed to fend off interest in his highly-rated centre-back Mehdi Benatia. The 27-year-old is believed to be high on Manchester City's defender wishlist and has also been linked with Manchester United and Chelsea.

That's it from Sports Mole's transfer headquarters for tonight. Be sure to return to our live blog tomorrow on what could be a busy day for Liverpool, Spurs and Swansea. Until then...