Premier League - Paper Round: Arsenal to blow £70m on Real Madrid trio

Arsenal are set to blow their entire summer transfer budget on Real Madrid's Karim Benzema, Mesut Ozil and Angel Di Maria, while Everton have rejected another double bid from Manchester United for Leighton Baines and Marouane Fellaini - here are the day's main transfer stories from the newspapers.

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Premier League - Paper Round: Arsenal to blow £70m on Real Madrid trio
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on Real Madrid's Karim Benzema, Mesut Ozil and Angel Di Maria (Reuters)

Arsenal target Real trio: The Gunners want to spend £70 million on Benzema, Ozil and Di Maria in a bid to rescue what the Daily Mail terms a "botched transfer window". The paper reports that Arsenal have opened talks with the Spanish club over the three players and have "received encouragement", meaning that all three could arrive at the Emirates by the transfer deadline on Monday.

Paper Round's view: The window is nearly shut and Arsene Wenger may well be panicking, but three players of this quality are hardly typical of the usual desperation buys. With a monster deal for Gareth Bale on the horizon, a sale would certainly help Madrid balance their books, but still, all three have said they want to stay at the Bernabeu - most recently Ozil this week - and with just four days to complete a deal, Wenger might just have left it too late.

Read the full story.

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United bid for Baines and Fellaini rejected: An increased bid of £36m from Manchester United for Marouane Fellaini and Leighton Baines has been rejected by Everton, according to the Guardian. The latest offer was £8m more than the last bid, but still not enough for Everton, who the Daily Mirror claim want £50m. Talks between United manager David Moyes and Everton chairman Bill Kenwright are expected to continue before Monday's deadline.

Paper Round's view: Everton still hold the cards, despite both players reportedly wanting moves. The Toffees know that United, fearing a summer without any major signings, will likely stump up what they want - the likelihood of that increases the nearer we get to Monday. And if they don't, Everton get to keep hold of two of their best players.

Read the full story (Guardian).

Read the full story (Mirror).

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United make way for Baines by offloading Buttner: Alex Buttner is set to join Turkish side Besiktas on loan after agreeing personal terms, according to the Daily Express. The move, the paper says, will make room for Baines' arrival at Old Trafford and is an indication of how confident Moyes is of getting his man before Monday.

Paper Round's view: Buttner may now be gone for a season, but what about Patrice Evra? The Frenchman has started the season strongly and some United fans may be wondering why their club is pursuing Baines so hard this summer. Anyway, a deal with Besiktas for Buttner doesn't really have much bearing on Baines' possible arrival at Old Trafford.

Read the full story.

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Chelsea put Torres up for sale: Fernando Torres is up for sale following the arrival at Stamford Bridge of Samuel Eto'o, reports the Daily Mirror. The paper claims the Blues are ready to listen to offers for the Spaniard after Eto'o penned a one-year deal and despite rumours linking striker Demba Ba with a return to Newcastle. "Spanish sides are aware of his availability", the report says, but fellow forward Romelu Lukaku is still "very much in Jose Mourinho’s plans".

Paper Round's view: In the three games since Mourinho's return as Chelsea manager, Torres has been substituted, unused and sent on from the bench. A first-choice striker he is not under the Portuguese. A spell elsewhere, after a cut-price deal, could do Torres the world of good, especially with the World Cup on the horizon. Don't Arsenal need a striker, quickly?

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City consider £40m deal for Mangala: Manchester City could splash £40m on Porto defender Eliaquim Mangala, according to the Daily Mirror. With Vincent Kompany, Matija Nastasic and Micah Richards all injured, City boss Manuel Pellegrini is looking for cover at the back. The 22-year-old France international, who has also been watched by Chelsea, United and Barcelona, would be so expensive as he has a buy-out clause in his contract with the Portuguese club.

Paper Round's view: It's an astronomical amount for a defender, but City need cover and time is running out. If anyone can afford that kind of money, it's City.

Read the full story.

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