Wednesday Transfer Rumour Gossip: Arsenal to Axe 12, Liverpool Propose Newcastle United Player Swap, Man United Target Expects Old Trafford Move, Chelsea Make German Managerial Approach, Man City to Fork Out £38m to Land Real Madrid Striker, Borussia Dortmund Deny Lewandowski Set for Bayern Munich Switch and Much Much More

Transfer rumour round-up.

Check in to England vs Brazil

Man City to launch £38m Real Madrid striker bid.

Full story: CaughtOffside

Newcastle defender Fabricio Coloccini, 31, has revealed he came within hours of quitting the Magpies in January.

Full story: Daily Mirror

Chelsea are considering a fresh move for Borussia Dortmund coach Jurgen Klopp, 45, as they continue their search for a manager.

Full story: Telegraph

Manchester City are confident they will not be punished by Uefa over the new Financial Fair Play rules following a warning from a member of European football’s governing body.

Full story: Manchester Evening News

Paris Saint-Germain president Nasser al-Khelaifi admits David Beckham was signed to help the ambitious big spenders gain fans in Asia.

Full story: Daily Mirror

Tottenham are lining up a bid to lure goalkeeper Andres Fernandez away from Osasuna this summer.

Full story: Daily Express

Coloccini unsure of future

Full story: Sky Sports