Transfer gossip: Draxler, Sanchez, Evans, Wilshere, Costa, Llorente, Lemar, Vermaelen

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Transfer news

Arsenal are attempting to seal a last-minute deal for Paris St-Germain and Germany forward Julian Draxler, 23 - otherwise they will block Alexis Sanchez's move to Manchester City. (Daily Mirror)

City will make a £70m cash bid for Chile forward Sanchez, 28, and have already sent a team of legal and medical officials to South America to get the deal done as quickly as possible. (Independent)

City's hopes of signing Northern Ireland defender Jonny Evans, 29, from West Brom are hanging in the balance, with France centre-back Eliaquim Mangala, 26, not keen on moving the other way. Arsenal and Leicester have had bids worth £25m for Evans rejected by West Brom. (Daily Telegraph)

Crystal Palace are hoping to sign Mangala from City for £23m. (Sun)

Swansea are close to signing Bayern Munich's 20-year-old midfielder Renato Sanches on loan. (Guardian)

West Ham are lining up a season-long loan move for Arsenal and England midfielder Jack Wilshere, 25. (Sun)

Spain striker Diego Costa, 28, is edging closer to rejoining Atletico Madrid as Chelsea consider a new bid of £49m. (Sun)

Chelsea are still in negotiations with Everton over their 23-year-old attacking midfielder Ross Barkley, but are running out of time to recruit the three signings manager Antonio Conte is demanding. (Daily Telegraph)

Tottenham are also considering bidding for Barkley. (Evening Standard)

Spurs are set to complete the signing of 24-year-old right-back Serge Aurier from Paris St‑Germain for £23m after the Home Office granted him a work permit. (Guardian)

Barcelona, Chelsea and Tottenham are all vying to sign Leicester's 26-year-old winger Riyad Mahrez. (L'Equipe - in French)

Chelsea are in advanced talks with Swansea over a deal for Spain striker Fernando Llorente, 32. (ESPN)

Liverpool are persisting with their £74m pursuit of Monaco and France midfielder Thomas Lemar, 21. (Independent)

Liverpool have medical staff on standby ready to travel to Paris to carry out another medical if a fee can be agreed between the two clubs for Lemar. (Liverpool Echo)

The Reds are also still prepared to pay up to £75m for Southampton's 26-year-old defender Virgil van Dijk. although Saints do not want to sell. (Times - subscription required)

Fulham have made a £15m offer for Newcastle's English striker Dwight Gayle, 27, but the Magpies want between £18m and £20m. (Daily Mail)

Newcastle are expecting a busy day of transfer activity before Thursday's deadline passes, with the club keen to sign Chelsea's 21-year-old winger Kenedy on loan. (Evening Chronicle)

Tottenham and West Ham are ready for a deadline day battle for Barcelona midfielder Andre Gomes, 24. (Daily Mirror)

Everton have made an offer to take Barcelona's Thomas Vermaelen, 31, on a season-long loan with a view to buying the Belgium defender. (Liverpool Echo)

Defender Philipp Wollscheid, 28, forward Bojan, 27, and midfielder Giannelli Imbula, 24, are all likely to leave Stoke, who are still pursuing Manchester City's 27-year-old midfielder Fabian Delph. (Stoke Sentinel)

Hull are close to signing Leicester's 24-year-old Nigerian forward Ahmed Musa on a season-long loan. (Hull Daily Mail)

Middlesbrough winger Adama Traore, 21, will not be allowed to leave the club, despite interest from French club Lille. (Evening Gazette)

Meanwhile

Former Manchester United boss Alex Ferguson chaired the Uefa Elite Coaches Forum which included the likes of Louis van Gaal and Jose Mourinho - but Arsenal manager Arsene Wenger was a notable absentee. (Daily Telegraph)

Bournemouth and England striker Jermain Defoe says he has to keep his diet "boring" to carry on scoring for club and country at the age of 34. (Daily Mirror)

Defender Alex Bruce has moved to clear up a complicated contract situation which saw him temporarily play for League one side Bury...

West Brom made a bid for the cheesiest transfer announcement on Wednesday with the signing of Grzegorz Krychowiak...

Best of Wednesday's transfer news

Liverpool have been given the green light to sign Arsenal midfielder Alex Oxlade-Chamberlain, 24. (Daily Mirror)

Manchester City's Argentina striker Sergio Aguero could seek a January move if the club sign Arsenal's Chile forward Alexis Sanchez, 28, before Thursday's transfer deadline. (Manchester Evening News)

Tottenham are close to signing 19-year-old Argentina Under-20 defender Juan Foyth from Estudiantes for £8m and are still trying to push through the £23m signing of Paris St-Germain right-back Serge Aurier, 24. (Guardian)

Liverpool have agreed to sell 25-year-old Brazil midfielder Philippe Coutinho to Barcelona in deal worth 160m euros (£148m). (Yahoo Sports)

Newcastle United have received a £15m offer from Championship club Fulham for striker Dwight Gayle, 26. (Chronicle)