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Transfer rumours

Manchester United and Liverpool are set to battle for on-loan Real Madrid midfielder James Rodriguez while Los Blancos themselves are looking to rebuild their squad and have set their sights on Raheem Sterling.

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With the return of Zinedine Zidane to Real Madrid, James Rodiguez is unlikely to make a return to his parent club after his two-year loan stint elapses at Bayern Munich. Bayern have an option to make the deal permanent at the end of the season, but only if they can pay the agreed £50m fee. According to talksport, Manchester United and Liverpool are looking to land the Colombian midfielder but will have to part with £70M.

After a dismal season, Real Madrid are looking to rebuild their squad ahead of next season and according to the Daily Mail, Los Blancos are looking to land Manchester City forward Raheem Sterling. Real are preparing to go on a £300million-plus spending spree and Sterling is being tracked along with fellow targets Kylian Mbappe, Eden Hazard and Christian Eriksen. Sterling under contract until 2023 after he penned a new deal worth up to £300,000 a week in November.

After a relatively quiet January transfer window, Arsenal are looking to bolster their squad ahead of next season and according to The Sun, the club's scouts watched Paris Saint-Germain star Christopher Nkunku during Tuesday night's 4-0 win over Dijon. Arsenal were linked with a loan move for the box-to-box midfielder in the January transfer window but the deal failed to materialize.