£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.