Football transfer rumours and news: Wednesday, August 8

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Manchester United, Arsenal, Chelsea, Liverpool and Real Madrid are among the clubs making the news today

Arsenal are considering a move for Celtic’s South Korean midfielder Ki Sung-yeung after the 23-year-old impressed the club’s scouts – Daily Mail

Chelsea’s hopes of signing Brazilian striker Hulk from Porto are receding after Zenit St Petersburg made a £40m offer, plus Bruno Alves, for him – Daily Mirror

Arsenal’s talks over signing Nuri Sahin on loan from Real Madrid have stalled, with Liverpool, Tottenham and Manchester United said to be looking at the midfielder – Metro

Zenit St Petersburg are interested in signing Manchester United striker Bulgarian Dimitar Berbatov, who is on his way out of Old Trafford – Talksport

Chelsea are considering using Gael Kakuta as bait in their attempt to sign highly-rated defender Cesar Azpilicueta from Marseille – Daily Mail

Real Madrid have increased their offer for Luka Modric to £30m, but Tottenham are holding out for a fee of £40m for the Croatian – Daily Mirror

Liverpool target Juan Manuel Vargas says he is happy to stay at Fiorentina, despite being linked with the Anfield club for most of the summer – Talksport

Sao Paulo vice-president Joao Paulo de Jesus Lopes says his club have been contacted by Paris Saint German over Lucas Moura, who has also been linked with Manchester United – Daily Mirror

Roberto Martinez has told Victor Moses he will be staying at Wigan unless Chelsea increase their offer for the 21-year-old to £10m – Daily Mail

Nigel Reo-Coker is considering offers from three Serie A clubs after turning down an offer to join Fulham following his departure from Bolton – Daily Mirror