Latest summer transfer news

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Check out the latest transfer news/rumors as European bug guns target key signings in the summer transfer window:

• After Ronaldo's famous tweet "All the news about my renewal with Real Madrid are false.", French wealthy clubs Monaco and PSG are set to make world record £85m(100 million euros) bid for Real Madrid's star, while Manchester United are relying on Ferguson to sign the Portuguese.
• Carlo Ancelotti will be announced as Real Madrid's new Boss in a couple of days, as he hopes that PSG and Real will sign the documents which free him from his duties with the French champions on Monday.
• Los Blancos are weighing up a world-record £85 million(100 million euros) bid for Tottenham's Gareth Bale, but they have now a competitor for the Welsh superstar as Manchester United are putting him as 'Plan b' in case negotiations with Ronaldo fail.
• Barçelona are ready to pay some money on centre-backs as they are hoping to sign one of the two Brazilians Thiago Silva or David Luiz.
• Liverpool striker Luiz Suarez is said to be the preferred choice to replace Higuaín in the Madrid attack, as the Argentinian is probably leaving the Bernabeu castle.
• According to his mother, Napoli's star striker Edinson Cavani is in talks with Real Madrid and Manchester City
• Spanish youngster and Malaga's Attacking midfielder Isco will decide his future after European Under-21 Championship as he is believed to have caught the attention of Real Madrid and Manchester City.
• Barcelona's Cesc Fabregas and David Villa and Manchester United striker Wayne Rooney are all on Arsene Wenger's radar, as the three stars are set to leave their clubs this summer.