With plenty of transfer news and speculation emerging from the rumourmill, Sports Mole rounds up all the latest gossip.

This evening's headlines:

Man City 'out of Cavani running'
Napoli suggest that Manchester City are out of the running for Edinson Cavani as they will not meet the release clause of £54m.

Odds on Rooney to Real slashed
William Hill slash the odds of Wayne Rooney signing for Real Madrid from 33/1 to 6/1.

Arsenal fly to Madrid to clinch Higuain deal?
Arsenal officials reportedly fly out to Spain to try to finalise a deal for striker Gonzalo Higuain.

Chelsea's 'Mata not for sale'
Jose Mourinho will reportedly sit down with Juan Mata next month to reassure him that he is part of Chelsea's future.

Juve remain keen on Higuain
Juventus hint that they are still interested in signing Real Madrid striker Gonzalo Higuain.

Damiao: 'I have received no offer to leave Internacional'
Tottenham Hotspur target Leandro Damiao says that he has not been approached by any clubs about the prospect of leaving Internacional.

Mignolet 'to have Liverpool medical'
Sunderland goalkeeper Simon Mignolet will reportedly have a medical at Liverpool ahead of a transfer next week.

Chelsea favourites to sign Zouma?
Chelsea reportedly emerge as favourites to sign Saint-Etienne defender Kurt Zouma.

Riether to leave Fulham month after signing?
Fulham could reportedly lose defender Sascha Riether just one month after signing him permanently due to interest from Schalke.

Doyle rules out Leeds switch
Wolverhampton Wanderers striker Kevin Doyle plays down speculation that he is to join Championship side Leeds United.

Pearce signs new Reading deal
Alex Pearce pens a fresh two-year contract at Championship outfit Reading.

Drenthe agrees Reading move
Royston Drenthe agrees a two-year deal with Reading on a free transfer.

Swansea 'working hard' to bring in players
Swansea City chairman Huw Jenkins insists that the club are working hard to bring in new players during the summer transfer window.

Jackett: 'Wolves have had no offers for O'Hara'
Wolverhampton Wanderers manager Kenny Jackett insists that the club have not received any offers for midfielder Jamie O'Hara.

Van Dijk completes Celtic move
Celtic complete the signing of FC Groningen centre-back Virgil van Dijk on a four-year contract.

Juve: 'Inter want Isla'
Juventus general director Giuseppe Marotta reveals that there has been interest from fellow Serie A side Inter Milan in the services of Mauricio Isla.

Sheringham joins Wimbledon
AFC Wimbledon sign former Bournemouth striker Charlie Sheringham.