Atletico Madrid live updates

Pep Guardiola is already setting his sights on new signings for Bayern Munich, despite the fact he won't be in charge of the Germans until July. The former Barca boss wants firepower, with Liverpool's Luis Suarez and Atletico's Radamel Falcao top of his wishlist, say Sunday Mirror.

Rumour - Barca keen on keepers

• Liverpool
• Bayern Munich

Barcelona's Victor Valdes is set to depart the Nou Camp, with the Catalan giants looking at the possibility of signing Liverpool's Pepe Reina, write Mail on Sunday. Whereas Metro have the_ azulgrana _chasing Chelsea's Thibaut Courtois, who is currently on loan at Atletico Madrid.

Rumour - Frank's choice

• UEFA Champions League
• Liverpool
• Barcelona
• Chelsea

Chelsea's hopes of signing Atletico Madrid striker Falcao have taken a huge blow after the Madrid club's president revealed the player has an agreement to sign for Real Madrid.

Spanish website Intereconomia say Atletico Madrid president Enrique Cerezo let slip the news to an unnamed source at the club's match against Celta Vigo before Christmas.

• Premier League
• Chelsea
• Real Madrid

European champions Chelsea will make an increased effort to sign Falcao from Atletico Madrid, after allowing Daniel Sturridge to speak to Liverpool, according to the Evening Standard. Sturridge's move to Anfield, however, could be scuppered by a row over agents' fees, write the Mail.

Barca stand by Vilanova

• Chelsea
• Liverpool

Chelsea, Manchester City and PSG are to go head-to-head in a bid to sign Atletico Madrid's Colombian striker Falcao, Spanish newspaper AS reports.

All three clubs are prepared to break the bank to sign the hotshot striker, with Falcao set to be offered a €10million annual salary to leave Madrid.

Di Matteo lauds Falcao

Luiz tips Falcao for Chelsea

• Premier League
• Chelsea
• PSG
• Man City