Everton are ready to offer Steve McManaman �1m a year to sign for the Premiership club before Sunday's transfer deadline. (The Sun/The Independent)

The Toffees are also ready to break their transfer record by offering Rangers �6m for Barry Ferguson. (The Daily Star/The Independent)

Blackburn are also in the hunt for the Scotland international and are ready to make a �7.5m bid. (The Mirror/The Independent)

Everton could also be about to sign Sporting Lisbon goalkeeper Nelson on a season-long loan deal. (The Express)

Man City are set to beat Fulham to the signature of Sunderland midfielder Claudio Reyna. (The Sun/The Mirror/The Independent)

Chelsea have upped their offer for Real Madrid midfielder Claude Makelele to �10m (The Sun).

HAVE YOUR SAY I work at the airport in Milan and I saw Michael Owen there meeting up with AC Milan officials From Jimmy, Milan Send in your gossip

But Makelele will cost Chelsea a club-record �18m. (The Daily Star)

Or only �14m. (The Daily Mail)

Manchester United have not given up hope of luring Carles Puyol from Barcelona in a �20m deal. (The Sun)

Puyol will cost United �25m after Barca snubbed an offer of �15m and Diego Forlan. (The Express)

Bolton will attempt to shore up their defence by signing Real Madrid centre-half Julio Cesar on loan for the season. (The Independent)

Borussia Monchengladbach want to sign Chelsea striker Mikael Forssell on a permanent deal after the Finn impressed on loan last season. (The Sun)

Michael Gray could become Harry Redknapp's latest signing at Portsmouth. (The Sun)

Leeds boss Peter Reid is facing a battle to keep Mark Viduka and Paul Robinson. (The Sun)