Today's Latest Tabloid Transfer Gossip.

Real Madrid, Wigan, Manchester United, Chelsea, Villarreal, Manchester City, Blackburn, West Ham, Newcastle, Arsenal, Portsmouth, Middlesbrough, Tottenham, Bolton, Sunderland, Hull City, Derby, Celtic, Everton, Hearts, Benfica, Wolves, Watford, Crystal Palace, Coventry, Birmingham, Preston, Carlisle, Huddersfield, Swansea, MK Dons, Reading, Bradford, Burnley, Sheffield Wednesday and Shrewsbury are all involved in transfer gossip this morning.

Is your Club involved?

Here is a round up:

Real Madrid want to seal a £15m deal for Wigan's Antonio Valencia. (Star)

Manchester United and Chelsea face a summer battle for Villarreal's £12m-rated keeper Diego Lopez. (Star)

Manchester City boss Mark Hughes fears he will be priced out of a move for Roque Santa Cruz, who Blackburn are valuing at £18m. (Star)

But Hughes is set to make a £17m take-it-or-leave-it offer for Santa Cruz, which could be enough to seal the transfer. (Mirror)

And City may make improved offers for West Ham pair Scott Parker and Craig Bellamy but say they have not bid for Newcastle keeper Shay Given. (Star)

Arsenal's hopes of signing midfielder Niko Kranjcar have been dashed after Portsmouth insisted he will not be leaving the club in January. (Star)

Middlesbrough boss Gareth Southgate wants to keep Tottenham target Stewart Downing until the summer. (Star)

Bolton have bid £2m for Newcastle midfielder Joey Barton. (Mirror)

Sunderland have insisted El-Hadji Diouf and Michael Chopra will not be sold this month. (Star)

Hull are eager to complete a £1.5m deal for West Ham midfielder Luis Boa Morte. (Mirror)

And Hull boss Phil Brown is also set to make a £2m move for Derby midfielder Paul Green. (Star)

Portsmouth defender Herman Hreidarsson is set to become the latest player to leave Fratton Park by joining Celtic in a £500,000 deal. (Mirror)

Everton want Hearts duo Christophe Berra and Andrew Driver. (Various)

Blackburn manager Sam Allardyce is taking Benfica's Ivory Coast defender Marco Zoro on trial. (Mirror)

Wolves have lined up an improved £1m offer for Watford midfielder John-Joe O'Toole. (Star)

Crystal Palace will try to hijack Coventry's bid to re-sign Birmingham striker Gary McSheffrey. (Star)

Preston are leading the chase for Carlisle striker Danny Graham, who has already been the subject of a £250,000 bid from Huddersfield. (Star)

Swansea are set to break their transfer record to land MK Dons skipper Dean Lewington for £450,000. (Mirror)

Reading manager Steve Coppell is ready to bid £250,000 for Coventry midfielder Jay Tabb. (Star)

Bradford are favourites to sign Burnley's Steve Jones after the winger's loan spell at the club. (Star)

Sheffield Wednesday manager Brian Laws has his eye on Hull midfielder Bryan Hughes. (Star)

Shrewsbury are set to complete a £150,000 deal for Preston duo Karl Hawley and Brett Ormerod. (Star)