Football Transfer Rumours - Jun-25-2011

Liverpool are ready to offer Brazilian midfielder Diego an escape route out of Wolfsburg. Diego was handed a huge fine this week for storming out of the team hotel before the last game of the season.

AC Milan want to sign five Chelsea players this summer, with Nicolas Anelka, Alex, Salomon Kalou, Didier Drogba and Michael Essien all wanted by Milan vice president Adriano Galliani

PSG - who are now bankrolled by Qatar Sports Investments (QSI) - are keen on strengthening their squad and have started the bidding for QPR playmaker Adel Taarabt at £10m

Blackburn are ready to pay a club record £11m for Roma striker Mirko Vucinic

Wolves are interested in Manchester United defender Jonny Evans

Liverpool are close to agreeing a double deal for Aston Villa's Stewart Downing and Blackpool's Charlie Adam

Stewart Downing could become the next big name to leave Aston Villa as he wants to join Liverpool

Newcastle boss Alan Pardew is keen to lure Paris Saint-Germain's Turkish international Mevlut Erdinc and AIK Stockholm's striker Teteh Bangura to St James' Park.

Arsenal are close to agreeing a deal to sign Velez Sarsfield midfielder Ricardo Alvarez, according to the president of Italian side Palermo. Maurizio Zamparini said: "At this moment he has already signed for the Gunners."