*Manchester City are planning an overhaul their squad in order to reduce their annual wage bill.
*City could offload Mario Balotelli, James Milner, Joleon Lescott and Gareth Barry during the transfer window next month or in the summer.
*Superstar Cristiano Ronaldo had admitted he would like to return to Old Trafford and play for Manchester United but the cost of the transfer would be a problem
*AC Milan are planning to bid £20 million for City striker Balotelli next month.
*Manchester City sporting director Txiki Begiristain flew to Brazil last week for talks to sign Santos' £32m-rated striker Neymar. He spent two days there to open talks to sign the 22-year-old Brazilian.
*Christian Benteke has told fellow Belgian and Chelsea star Eden Hazard that he could make a dream move to Real Madrid.
*Chelsea are ready to bid £6 million for Tottenham left-back Benoit Assou-Ekotto.
*Tottenham boss Andre Villas-Boas has ruled out high-profile transfer of Joao Moutinho.
*On-loan Chelsea striker Romelu Lukaku wants to stay at West Brom Albion until the end of the season.
*Tottenham will offer goalkeeper Brad Friedel a new contract to stop him from joining Blackburn.
*Arsenal midfielder Jack Wilshere has urged teammate Theo Walcott to sign a new contract with the Gunners.