The final stretch of the season may now be upon us, with plenty still to play for in every major division across Europe, but that has not stopped speculation ahead of this summer's transfer market from hotting up.

With just two months to go before the window opens up for business once more, Sports Mole compiles all of the latest rumours and activity from the past 24 hours.

Wednesday morning's headlines:

Chelsea to bid £20m for Douglas Costa?
Chelsea are preparing to offer £20m to finally sign Douglas Costa from Shakhtar Donetsk this summer, according to reports. Read more.

Florentino Perez: 'Real Madrid will never listen to Gareth Bale offers'
Real Madrid president Florentino Perez claims that the club "will never" entertain bids for Gareth Bale. Read more.

Santi Cazorla 'happy at Arsenal'
Arsenal midfielder Santi Cazorla says that he is 'happy in London' amid talk of a move to Atletico Madrid. Read more.

Neymar plays down Premier League switch
Barcelona forward Neymar says that he is not planning to follow former teammate Alexis Sanchez by signing for a Premier League club. Read more.

Manchester United join race to sign Porto's Alex Sandro?
A report claims that Porto defender Alex Sandro, who has been linked with an array of European clubs in the past, could be on his way to Old Trafford in the summer. Read more.

Report: Chelsea to table £44m bid for Atletico Madrid's Koke
Chelsea are reportedly prepared to part with £44m to sign Atletico Madrid midfielder Koke in the summer. Read more.

Swansea City's Lukasz Fabianski quashes rumours linking him to Roma
Swansea City goalkeeper Lukasz Fabianski plays down rumours of a possible move to Roma by insisting that he wants to keep playing in the Premier League. Read more.

Kevin Wimmer keen on "dream" move to Tottenham Hotspur
FC Koln defender Kevin Wimmer admits that he is keen to complete a "dream" move to Tottenham Hotspur in the summer. Read more.

Fabio Coentrao: Manchester United move "would be an honour"
Real Madrid left-back Fabio Coentrao says that it "would be an honour" to play for a club like Manchester United. Read more.

Real Madrid snap up Porto and Brazil defender Danilo
Brazil international Danilo joins Real Madrid from Porto on a six-year contract. Read more.

Agent: 'Liverpool, Paris Saint-Germain interested in Neto'
Neto is still being targeted by Liverpool and Paris-Saint Germain, according to the Fiorentina goalkeeper's agent. Read more.

Manchester United hand trial to Glossop North End's Sam Grimshaw?
Manchester United take Glossop North End winger Sam Grimshaw on trial, according to reports. Read more.

Agent: 'Mario Suarez could move to Serie A'
Atletico Madrid midfielder Mario Suarez could move to Serie A at the end of the season, according to his agent. Read more.

Radja Nainggolan: '50% chance I'll stay at Roma'
Radja Nainggolan admits that he is unsure whether he will be at Roma next season as talks continue with Cagliari. Read more.

Bernd Leno coy on Real Madrid link
Bernd Leno plays down reports that he could leave Bayer Leverkusen to join Real Madrid in the summer. Read more.

Real Madrid's Lucas Silva baffled by Porto talk
Real Madrid midfielder Lucas Silva says that he was "surprised" to learn of reports linking him with a move to Porto, having only moved to Spain in January. Read more.

Ilkay Gundogan to sign new Borussia Dortmund deal?
Reported Manchester United and Arsenal target Ilkay Gundogan is said to be on the verge of signing a new deal with Borussia Dortmund. Read more.

Report: Jose Gaya turns down new Valencia deal
A report claims that Valencia left-back Jose Gaya has rejected the chance to sign a new long-term deal at the Mestalla. Read more.

Report: Besiktas make Beto offer
A report claims that Besiktas have made a contract offer to experienced goalkeeper Beto, who is out of contract at Sevilla this summer. Read more.

Report: Atletico Madrid to rival Manchester United for Roberto Firmino
A report claims that Atletico Madrid are firmly in the race to sign Hoffenheim attacker Roberto Firmino. Read more.

Raul warns Xavi over Qatar move
Experienced Spaniard Xavi would be "playing at half-empty stadiums" if he moves to Al Sadd this summer, according to now New York Cosmos forward Raul. Read more.

Gary Rowett hints at longer Birmingham City stay for Diego Fabbrini
Birmingham City boss Gary Rowett says that there is an "outside chance" of signing new loanee Diego Fabbrini permanently. Read more.

Wolverhampton Wanderers deny Ibrahim Keita blackmail
Wolverhampton Wanderers manager Kenny Jackett insists that multiple contract offers have been made to Ibrahim Keita after the player's agent claimed blackmail. Read more.

Neil Lennon hints at Ben Amos move
Bolton Wanderers boss Neil Lennon suggests that he is planning to make a summer move for Manchester United goalkeeper Ben Amos. Read more.

Report: Celtic want Iran international Alireza Jahanbakhsh
Celtic are interested in signing Iran international Alireza Jahanbakhsh, according to reports. Read more.

Celtic's Liam Henderson completes loan move to Rosenborg
Celtic midfielder Liam Henderson moves on loan to Norwegian club Rosenborg for three months. Read more.

St Mirren youngster Lewis McLear signs new contract
St Mirren youngster Lewis McLear signs a new contract until the summer of 2018. Read more.

Manchester City goalkeeper Eirik Johansen heads to New York
Manchester City goalkeeper Eirik Johansen completes a switch to MLS side New York City. Read more.

Youngster Ryan Kent signs new Liverpool deal
Liverpool's teenage winger Ryan Kent signs a new contract with the Premier League club. Read more.

Teemu Pukki eyes "dream" Spain return
Teemu Pukki speaks of his wish to swap Celtic for a Spanish club in the summer. Read more.