Alexander Mamut, a controversial Russian tycoon and friend of Roman Abramovich, is on the brink of launching a takeover bid for Blackburn Rovers (Daily Express).

Rangers' Barry Ferguson has sorted out terms with Blackburn and will sign in a deal worth �16.5m over five years (The Sun / The Independent).

Portsmouth have made a �600,000 bid for out-of-favour Tottenham defender Chris Perry (Daily Mirror).

Wolves have completed the loan signing of Iceland midfielder Joey Gudjonsson on a loan deal from Real Betis (Daily Mail)

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Everton are hoping to beat Manchester United and Liverpool to sign US rising star Danny Szetela (Daily Star)

Leeds' Paul Okon is poised to move to Vicenza (The Sun)

Bolton are chasing two defenders - Sunderland's Emerson Thome and Real Madrid's Julio Cesar (The Sun)

Norwich boss Nigel Worthington have made a shock �1m bid for Gillingham striker Marlon King (Daily Mirror)