Top five transfer rumours - Man United launch £60m Bale bid, Arsenal can afford Rooney, Everton eye Baines replacement

Bale could be wearing the red of Man United this season. Photo: PA

Amid the furore surrounding Wayne Rooney's future it's easy to forget there is still plenty of business to be done elsewhere in the transfer market.

As well as keeping Rooney on board, Man United are preparing to launch a club record £60m bid to land Gareth Bale, explaining why chairman Ed Woodward flew home early from the club's tour of the Far East and Australia (Mirror)

Arsenal are determined to sign a big name striker this summer with Wenger insisting the club would be able to afford Wayne Rooney's big wages (Sky Sports)

Everton have agreed a deal to bring Guilherme Siqueira to the club as a replacement for Leighton Baines, who is expected to join Man United (Marca)

Sunderland are hoping to lure former Chelsea midfielder Raul Meireles to the Stadium of Light (Daily Mail)

And finally, Arsenal will renew their interest in Swansea's Ashley Williams after captain Thomas Vermaelen was ruled out for three months (Metro)