£25m price tag on City target Draxler

Manchester City manager Manuel Pellegrini wants to sign Schalke midfielder Julian Draxler, although the German side want £25m for the 21-year-old, according to the Daily Star.

The same paper claims Barcelona midfielder Sergio Busquets is set to disappoint Arsenal, Chelsea and Manchester United by signing a new deal with the Spanish side.

Tottenham are prepared to sell goalkeeper Hugo Lloris for £25m, the Sun reports.

The same paper says Liverpool will make a £23m bid for West Brom striker Saido Berahino — if and when they get rid of Fabio Borini. However the Telegraph reports new West Brom manager Tony Pulis as insisting he is under no pressure to sell Berahino, even though by doing so he could double his transfer budget.

The Daily Express Chelsea and Manchester United have been told they will have to pay £20m if they want to sign Real Madrid defender Raphael Varane.

Sheffield Wednesday’s Irish goalkeeper Keiren Westwood has dismissed reports linking him with a move to Liverpool and has said he is happy at the Championship club, according to the Sheffield Star.

AND FINALLY: The Professional Footballers Association are trying to end “initiation ceremonies”, which include players having to sing in front of their team-mates when joining a new club, according to the Daily Mail.