With the official summer transfer window fast approaching, Sports Mole takes a look at the most recent news and speculation.

This morning's headlines:

Perez: 'Ronaldo will retire at Madrid'
Club president Florentino Perez says that Cristiano Ronaldo will retire from football at Real Madrid following reports of a possible exit.

Barca tracking Rooney situation
Barcelona are believed to be weighing up a £25m summer move for unsettled Manchester United striker Wayne Rooney.

Chelsea agree Cavani deal?
Chelsea reportedly agree a £49.3m deal with Napoli for striker Edinson Cavani, who has been linked with Real Madrid and Manchester City.

Madrid confirm mutual Isco interest
Manchester City target Isco wants to join Real Madrid, who are confident of signing the £25m-rated Malaga winger, according to Los Blancos president Florentino Perez.

Report: United prepare record-breaking Cavani bid
New Manchester United boss David Moyes is reportedly preparing a £50m plus bid for Napoli striker Edinson Cavani.

Report: Higuain-Arsenal deal hinges on Ancelotti
Arsenal reportedly need Real Madrid to appoint a new manager before they can complete the signing of Gonzalo Higuain

Mignolet 'to complete Liverpool move today'
Simon Mignolet will reportedly complete his switch from Sunderland to Liverpool by signing a five-year contract today.

Report: Cardiff agree Ince fee
Newly-promoted Cardiff City reportedly agree a fee with Championship club Blackpool for the transfer of their goalscoring winger Thomas Ince

Paulinho: 'Spurs move would be fantastic opportunity'
Corinthians midfielder Paulinho says that it would be a fantastic opportunity to play for Tottenham Hotspur.

Arsenal want Djourou exit
Arsenal will reportedly listen to offers for Johan Djourou this summer after Hamburg admitted their interest in a loan or permanent transfer.

Liverpool target Mkhitaryan committed to Shakhtar
Liverpool's primary transfer target Henrikh Mkhitaryan denies the possibility of a move to Anfield by revealing that he plans to honour his Shakhtar Donetsk contract.

Liverpool rekindle Elia interest
Liverpool weigh up a move for a former target in Dutch international winger Eljero Elia, according to reports.

Saints angry with Wanyama's agent
Southampton are reportedly furious over being asked for around £1m in agents fees to force through a deal to sign Victor Wanyama.

Swansea confirm De Guzman talks
Swansea City chairman Huw Jenkins reveals that positive talks are taking place regarding Jonathan de Guzman's return for a second loan spell.

Newcastle make £12m Bony offer
Newcastle United table a £12m bid for Ivory Coast striker Vitesse Arnhem.

Clark: Davies to Hull a "formality"
Curtis Davies will undergo a medical at Hull City in the coming days ahead of a £2.25m switch from Birmingham City, according to Blues manager Lee Clark.

Wigan want Carson after Al-Habsi injury
Wigan Athletic reportedly offer Bursaspor £400,000 for England international goalkeeper Scott Carson, after learning that Ali Ali-Habsi will miss the start of the season through injury.

Cesar wants to increase transfer options
Queens Park Rangers goalkeeper Julio Cesar says that he wants to use Brazil's Confederations Cup campaign to create more interest in signing him.

Atletico interested in wantaway Negredo
Alvaro Negredo wants to leave Sevilla this summer and join a Champions League club, says club president Jose Maria del Nido.

Pjanic admires La Liga giants
Miralem Pjancic reveals that he is happy to remain at Roma, but hints that an offer from Barcelona or Real Madrid could tempt him away.