With the transfer window in full flow, Sports Mole takes a look at the most recent speculation emerging from clubs all around Europe.

This morning's headlines:

RVP out, Llorente in for Arsenal?
Arsenal are believed to be looking at Fernando Llorente as a possible replacement for striker Robin van Persie.

Madrid 'won't pay more than £27m' for Modric
Real Madrid insist that they will not meet Tottenham Hotspur's £35m valuation of playmaker Luka Modric.

Villas-Boas visits Hulk in hotel
Porto defender Danilo has claimed that Tottenham Hotspur boss Andre Villas-Boas visited Brazil's Olympic team hotel to speak to reported transfer target Hulk.

Wigan set Moses price at £10m
Wigan Athletic chairman Dave Whelan warns Chelsea that they'll have to fork out up to £10m to prise Victor Moses away from the DW Stadium.

Adebayor prepared for City stay?
Emmanuel Adebayor reportedly claims that he will see out the remaining two years of his Manchester City contract unless Tottenham Hotspur improve their contract offer.

Malouda hints at Chelsea stay
Out-of-contract Chelsea winger Florent Malouda suggests that he wants to sign a new deal with the Champions League winners.

Arsenal, Chelsea eye N'Zonzi
Arsenal and Chelsea are thought to be considering bids for wantaway Blackburn Rovers midfielder Steven N'Zonzi.

Spurs begin Lloris talks?
Tottenham Hotspur reportedly begin negotiations with Lyon over signing goalkeeper Hugo Lloris.

Higuain to sign new Madrid deal?
Real Madrid are said to be prepared to offer striker Gonzalo Higuain a new contract.

Sunderland lead Matt Phillips race?
Sunderland are believed to be at the front of the pack in the race to sign Blackpool winger Matt Phillips.

Stoke agree Cameron fee
Stoke City agree a £1.6m fee for Houston Dynamo defender Geoff Cameron.

Santa Cruz wants to stay in North West
Manchester City forward insists that he wants to move to a club in the North West after failing to make it at the Etihad Stadium.

AC Milan line up Bruno Uvini
AC Milan are thought to be closing in on Sao Paulo youngster Bruno Uvini.

Motta completes Bologna loan
Juventus defender Marco Motta will spend next season on loan to Bologna after finalising a move.