London, Jul 25: Real Madrid hint Kaka exit and Luka Modric entry. PSG interested in signing Modric. Carlos Tevez to AC Milan. Santi Cazorla to Arsenal. Theo Walcott to move away from the Emirates?

EPL 2012-13: Top transfer news and rumours on July 24

Today's transfer news and rumours:

• Liverpool are ready to meet Swansea's asking price of £15 million for midfielder Joe Allen. Manager Brendan Rodgers is determined to bring the Welshman to Anfield.

• Real Madrid assistant manager Aitor Karanka has confirmed that Tottenham's want-away playmaker Luka Modric is their top target ahead of next season. However, Spurs are demanding a whopping £40m for the 26-year-old Croatian.

• The La Liga champions are willing to shell out only £27 million for Modric but French giants Paris Saint-Germain are willing to match the £40m price tag.

• Arsenal are set to sign Spain midfielder Santi Cazorla from Malaga in a deal worth £15.6m.

• AC Milan have opened talks with Manchester City striker Carlos Tevez while Inter Milan are close to finalising a £7m swoop for left-back Aleksander Kolarov.

• Turkey club Fenerbahce are close to signing Everton defender Johnny Heitinga for a fee worth £5m.

• Manchester United out-of-favour striker Dimitar Berbatov has been linked to a move to Russia with Zenit St. Petersburg ready to pay £5m for the Bulgarian striker.

• Newcastle are interested in signing £15m-rated Marseille forward Loic Remy.

• Manchester United are considering a final bid to land Brazilian star Lucas Moura from Sao Paulo.

• Newcastle have denied claims that Demba Ba is on the brink of joining Rubin Kazan.

• Chelsea have confirmed the signing of Thorgan Hazard, younger brother of recently signed Eden, from France Ligue 2 side Lens.
  

More to follow...

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