With transfer deadline day on the horizon, Sports Mole takes a look at the latest news and gossip.

Monday morning's headlines:

Real Madrid submit £85m Gareth Bale bid?
Real Madrid make a world record £85m offer for Tottenham Hotspur winger Garth Bale, according to a report.

Report: Gareth Bale frustrated with Tottenham Hotspur over Real Madrid bid
Gareth Bale has reportedly become frustrated with Tottenham Hotspur's refusal to discuss terms with Real Madrid over a transfer.

John Hartson: 'Gareth Bale can cope at Real Madrid'
John Hartson says that Gareth Bale would be able to cope with the burden of expectation should he join Real Madrid this summer.

Jamie Redknapp: Gareth Bale would be a "revelation" at Real Madrid
Jamie Redknapp believes that Tottenham Hotspur winger Gareth Bale would be an ideal fit for Real Madrid.

Valencia want Fernando Torres to replace Roberto Soldado?
Valencia want Chelsea striker Fernando Torres to replace Roberto Soldado should their forward move to Tottenham Hotspur this summer.

Tottenham Hotspur's Jermain Defoe "excited" about Roberto Soldado prospect
Tottenham Hotspur striker Jermain Defoe admits that he is "excited" about the prospect of playing alongside Roberto Soldado.

Stoke City want Jermain Defoe?
Stoke City are reportedly weighing up a move for Tottenham Hotspur striker Jermain Defoe.

Report: Arsenal must bid £55m to land Luis Suarez
Arsenal will reportedly have to pay £55m to secure the signing of Liverpool striker Luis Suarez this summer.

Joey Barton to take pay cut to join Everton?

Queens Park Rangers midfielder Joey Barton is ready to take a pay cut to join his boyhood club Everton, according to a report.

Celtic snap up Derk Boerrigter on four-year deal
Derk Boerrigter arrives at Celtic from Ajax for a fee of £3m.

Mehdi Abeid leaves Newcastle United on loan
Newcastle United's Mehdi Abeid joins Panathinaikos on a season-long loan deal.