With plenty of transfer gossip doing the rounds, Sports Mole takes a look at the stories emerging from the rumourmill this afternoon.

This lunchtime's headlines:

Real Madrid to announce Gareth Bale capture after friendly?
Real Madrid will reportedly announce the arrival of Gareth Bale in a world-record transfer following their friendly against Al Sadd this evening.

Manchester United wait for Gareth Bale move to make Luka Modric swoop?
Manchester United will reportedly launch a bid for Real Madrid midfielder Luka Modric once the Spanish giants secure the signature of Gareth Bale.

Andre Villas-Boas confirms Tottenham Hotspur Willian talks
Andre Villas-Boas says that Tottenham Hotspur are in talks to sign Willian from Anzhi Makhachkala.

Mike Phelan "can't see" Manchester United selling Wayne Rooney
Mike Phelan believes that Wayne Rooney will stay at Manchester United this season unless the club sign a new striker before the close of the transfer window.

Roberto Martinez: 'No new Manchester United bid for Everton duo'
Roberto Martinez says that there have been no fresh bids for Marouane Fellaini and Leighton Baines following Manchester United's rejected £28m offer.

Arsenal manager Arsene Wenger: 'Transfer spending starts now'
Arsene Wenger says that summer spending "starts now" following their failure to sign big-name targets during the earlier stages of the transfer window.

Manchester City's Scott Sinclair 'to hold West Brom talks today'
Manchester City's Scott Sinclair is reportedly due to hold talks with West Bromwich Albion today over a season-long loan.

Sam Allardyce: 'No bids for Ricardo Vaz Te'
Sam Allardyce denies that Cardiff City have made a bid for Ricardo Vaz Te.

Saphir Taider delighted to join Inter Milan
Saphir Taider is pleased to have joined Inter Milan from Bologna on a co-ownership deal.