Top five transfer rumours - Bayern put Liverpool and Arsenal at war, Reds back in for Xabi Alonso

Contento can join Liverpool, as long as Arsenal don't buy Gustavo. Photo: PA

Tuesday's top five transfer rumours begin with the champions of Europe instigating a mini war between two of England's biggest clubs.

Clearly discontent with the mild level of drama in this week's transfer rumour soap opera, Bayern Munich's CEO Karl-Heinz Rummenigge has told Liverpool they are free to sign left-back Diego Contento, but only if Arsenal do not buy his defensive midfielder, Luiz Gustavo (Bild)

PSG have made Newcastle's Yohan Kebab their top target before the transfer window closes in a few weeks. Oh sorry, it's Yohan Cabaye isn't it? Easy mistake to make, that one (L'Equipe)

Liverpool will fight it out with Fiorentina to sign former midfielder Xabi Alonso on a free transfer next summer after the Spanish international failed to agree an extension to his contract at Real Madrid (Caught Offside)

West Ham are looking at Hugo Almeida to provide cover for Andy Carroll this season. Like Carroll, the Portuguese international is very big, strong and rather unorthodox (talkSPORT)

And finally, Joe Kinnear is hoping to prove why he's the world's greatest by persuading Belgian international Jelle Vossen to join his revolution at Newcastle (Daily Star)