Top five transfer rumours - Arsenal in for midfielders and Benzema, Man City want Demichelis, Liverpool eye defender

Karim Benzema is on Arsene Wenger's radar. Photo: PA

"Hi, it's Arsene here, could you please sell me a footballer?"

Arsene Wenger's desire to sign a French midfielder will see him miss out on Newcastle's Yohan Cabaye (Independent), who looks set for a move to PSG, but the Arsenal boss might somehow manage to convince free agent Mathieu Flamini to return to the club (Times)

The Gunners boss might actually spend some money, as Wenger considers making a big bid for Real Madrid striker Karim Benzema, who could cost the north London outfit around £40million (Telegraph)

Instead of signing a young up and coming centre-back, Manchester City are hoping to tie up a deal for ageing Argentine defender Martin Demichelis, who only joined Atletico Madrid at the start of the summer on a free transfer (Guardian)

Chelsea are closing in on English youngster Eric Dier, who currently plies his trade in Sporting Lisbon's defence after moving to Portugal as a child (Daily Mail)

With injuries mounting in the Liverpool defence, Brendan Rodgers has resurrected his interest in Portuguese centre-back Tiago Llori for around £3million (Mirror)