Wednesday's Transfer Bulletin: Football rumours, gossip and odds including Arsene Wenger latest

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2200: There's a big story to end today's Transfer Bulletin as the Sky sources report that a £60million offer from Real Madrid for David de Gea has been rejected by Manchester United.

Get the full details and join us again tomorrow morning for much more transfer news,

1740: Much of tomorrow’s Paper Talk is likely to surround the future of Romelu Lukaku after his agent, Mino Raiola, reignited transfer talk.

The Belgian striker is likely to be high on plenty of shortlists this summer after netting 25 goals last season, although suitors were expected to be put off by a reported £100m price tag.

However, Raiola told talkSPORT: "Lukaku had a promise that if certain clubs came this summer that he could leave this summer.”

That is sure to send the press scrambling for a suitable suitor, with Chelsea marginally odds-on to bring the 24-year-old back three years after to selling him to Everton.

Manchester United follow at 5/1 while PSG, who have been backed into 1/25 to sign Pierre-Emerick Aubameyang, are the other single-figure option at 8/1.

A word of warning for those telling you a deal is all but done, Raiola added: “We are not in concrete talks with anybody at this moment, but hearing the market I think some clubs will contact Everton.

"If the price is right for Everton and the project is right for Lukaku then I think he will want to make another step, but we are not there yet."

1555: Alexis Sanchez's contract will be the next focus for Arsenal fans following Arsene Wenger's extension.

There's been no immediate change in the markets on the Chilean's future, with a move to Bayern Munich still odds-on as he's 9/4 to stay at the Emirates beyond the summer.

There is a 2,000+ word interview with chief executive Ivan Gazidis on the Arsenal website, but it offers zero hints as to whether any further deals are close.

However, he does reveal that the club harbour aspirations of winning the Premier League and that he thinks very highly of Wenger's various personas...

"I know the quality of the man, I know the quality of him as a football person and I know the quality of him as a human being as well," says Gazidis.

For a more quantifiable assessment of Wenger's stay, our Andy Schooler looks at Arsenal's prospects for the next two years here.

Meanwhile, Rangers have confirmed that Bruno Alves has become boss Pedro Caixinha's first summer signing. 

1500: We have a strong early favourite in the next Portsmouth manager betting following Paul Cook’s departure, with Kenny Jackett just 1/6 to replace the Wigan-bound boos.

Jackett left Rotherham in November after just five game in charge, having lost four of them, but does boast promotions from League One with Millwall and Wolves.

Michael Appleton (6/1), Steve Evans and Nathan Jones (both 8/1) are the other single-figure options in the market for the Sky Bet League Two champions.

1350: A less expected development in manager markets has involved Ryan Giggs being backed into odds-on to be the next Sunderland manager across the board.

Sky Bet report that the Manchester United legend was 25/1 in the market before a sudden rush of money in the last hour, with his price now just 4/7.

1335: And an even less surprising line, we have confirmation Arsene Wenger has agreed a two-year contract extension with Arsenal.

Wenger told the club's website: “I love this club and I am looking forward to the future with optimism and excitement. We are looking at what we do well and how we can be stronger everywhere. This is a strong group of players and with some additions we can be even more successful. We’re committed to mounting a sustained league challenge and that will be our focus this summer and next season.

“I am grateful to have the support of the board and Stan in doing everything we can to win more trophies. It’s what we all want and I know it’s what our fans around the world demand.”

Majority owner Stan Kroenke added: “Our ambition is to win the Premier League and other major trophies in Europe. It’s what the fans, players, staff, manager and board expect and we won’t rest until that is achieved. Arsene is the best person to help us make that happen. He has a fantastic track record and has our full backing.”

1330: A quick line - which will come as no surprise to those following us yesterday - former Porto boss Nuno Espirito Santo has been appointed as the new Wolves manager following the departure of Paul Lambert.

1325: Much of the lunchtime chat is surrounding Manchester United’s transfer targets Antoine Griezmann and Michael Keane.

Griezmann is thought to be Jose Mourinho’s number one summer target and had told French TV that there was a “six out of 10” chance of him moving to Old Trafford.

There were then suggestions that he’d told Atletico Madrid that he wanted to leave after United booked their place in next season’s Champions League, but reports to the contrary have since emerged.

Either way, United look like they’ll still have to activate the £86.7m buyout clause in his contract and are well odds-on to do so.

Burnley defender Keane is now a similar price at 1/6 to be at Old Trafford come the close of the transfer window.

Sky Bet reported a run of interest on the 24-year-old returning to the club which deemed him surplus to requirements just two years ago, with a fee of around £24m touted.

Meanwhile, we still wait on the news that Arsene Wenger has signed a contract which will see him stay at Arsenal for two more seasons.

A couple of deals which have been done are Gary Madine extending his stay with newly-promoted Sky Bet Championship side Bolton, while Brad Potts and Mark Cullen have both had options to extend their contracts activated following Blackpool's promotion to League One.

1025: Borussia Dortmund fans can be forgiven for a sense of foreboding around transfer windows and their fears appear to be being realised yet again.

Having seen their manager Thomas Tuchel leave yesterday, the odds are now suggesting their star striker Pierre-Emerick Aubameyang will follow.

Sky Bet are reporting that the striker, who was previously linked with Real Madrid, Manchester United and Liverpool, has been backed in to just 1/10 to join PSG.

The French giants are expected to splash the cash the cash this summer after failing to win Ligue 1 for the first time in five seasons, while the also endured a humiliating collapse against Barcelona in the Champions League quarter-finals.

Reports are suggesting the two clubs have agreed a fee, thought to be around 70 million euros, but personal terms have not been settled.

It remains to be seen whether this will prove a stumbling block, especially with Dortmund CEO Hans-Joachim Watze suggesting the Gabon striker would only leave for Real Madrid or Barcelona.

With Real delaying their transfer business until after Saturday’s Champions League final and expected to allow Alvaro Morata to leave, the 18/1 on them to gatecrash the Aubameyang deal might prove value.

Real’s main business was expected to be the acquisition of David de Gea, but Manchester United have no intention of selling the goalkeeper according to the Press Association.

0855: It's been a quiet start to the day but it won't last as we're expecting a decision on Arsene Wenger's future to be confirmed this afternoon.

Arsenal on Tuesday denied widespread reports claiming that the Frenchman will sign a new contract following a meeting with the board.

Wenger has, however, been long odds-on to stay in charge for some time now and the Guardian claim a two-year deal has been agreed.

Managers are very much dominating early-summer chat and it's now 1/2 that Garry Monk takes over at Middlesbrough, with Nigel Pearson 2/1.

The Hull market is in contrast wide open - Paul Lambert the de facto 4/1 jolly - while Lucien Favre is 2/5 to take over at Dortmund after Thomas Tuchel's departure.

Yesterday's big player-related news came from Leicester where Riyad Mahrez has asked to leave.

"Out of the huge respect and admiration I hold for Leicester City Football Club, I wanted to be totally honest and transparent with them and have therefore informed the club that I feel now is the time for me to move on," he said.

Mahrez is 4/6 to head to Monaco, with Arsenal next at 7/2.

And finally for now, the news broke last night that Asmir Begovic has agreed to sign for Bournemouth from Chelsea.

For more on that, click here.

0730: Welcome along to Wednesday's Transfer Bulletin.

We'll round-up the latest major stories at around 0900, with updates at lunchtime, through the afternoon and again at around 1700.

Inbetween we'll provide news of any major news stories as they break but first of all, here's today's Paper Talk to get you started.

If you want to catch up on what happened yesterday why not read Tuesday's Transfer Bulletin.