As transfer business continues to rumble on, Sports Mole rounds up all the latest news and speculation.

This morning's headlines:

Report: Liverpool reject Arsenal bid for Luis Suarez
Liverpool reportedly reject a £30m bid from Arsenal for striker Luis Suarez as they intend to keep the striker this summer.

Report: Tottenham close to Villa move
Tottenham Hotspur are reported to be close to landing a deal to sign Barcelona striker David Villa.

Report: Aston Villa to let Bent leave for £5m
Aston Villa are reportedly preparing to allow Darren Bent to leave the club this summer for £5m which has alerted Newcastle United, Fulham and Hull City.

Swansea poised to seal £12m Bony swoop?
Swansea City are closing in on a deal to sign Vitesse Arnhem striker Wilfried Bony for a club record £12m, according to a report.

Report: Chelsea to enter Ilori race
Chelsea are reportedly poised to enter the race to sign Sporting Lisbon defender Tiago Ilori and beat Liverpool to his signature

Cattermole poised for Sunderland exit?
Sunderland boss Paolo Di Canio is reportedly preparing to allow skipper Lee Cattermole to leave the club this summer for £2m, with Hull City and Fulham ready to swoop.

Blackburn eye Spearing deal?
Blackburn Rovers are poised to land Liverpool midfielder Jay Spearing in a £1.5m deal after the the 24-year-old fell down the pecking order at Anfield, according to a report.

Norwich told to up N'Doye bid?
Norwich City will reportedly have to up their bid to a club record £10m to land Lokomotiv Moscow striker Dame N'Doye.

Sunderland risk losing out on Mendy
Le Havre president Jean-Perre Louvel warns that Marseille must match Sunderland's bid if they want to sign French youngster Benjamin Mendy.

Blackpool weighing up Gleeson bid?
A report suggests that Blackpool are keen on MK Dons midfielder Stephen Gleeson.

PSV "open" to Afellay return
PSV director Marcel Brands says that he would welcome Ibrahim Afellay back to the Philips Stadion with open arms.