Top five transfer rumours: Arsenal to meet Costa release clause, Liverpool to sign forward, Spurs agree Lescott loan

Diego Costa could be heading to the Emirates. Photo: PA

Arsenal manager Arsene Wenger has admitted that the club are on the hunt for a striker and the Gunners are ready to meet the £32m release clause of Atletico Madrid striker Diego Costa (Daily Star)

Napoli have emerged as favourites to sign Chelsea midfielder Juan Mata after Liverpool and Manchester United were both told the Blues won't let him join another Premier League team (Mirror)

Liverpool have held talks with FC Basel for the signing of forward Mohamed Salah - if the £8m deal goes through then Raheem Sterling will join Swansea on loan (Mirror)

Tottenham and Newcastle are battling it out to sign Man City defender Joleon Lescott on loan for the rest of the season (Mail)

Ole Gunnar Solskjaer wants to make Blackpool forward Tom Ince his first signing at Cardiff (Sun)