The Daily Echo brings you a round-up of the transfer rumours making headlines in today's newspapers...

Arsenal are close to finalising a £22m deal for Real Madrid striker Gonzalo Higuaín (Various).

David Moyes will announce today that Wayne Rooney is staying at Manchester United (Daily Express).

Chelsea striker Demba Ba has held talks with Russian side Anzhi Makhachkala (The Times).

Manchester City are favourites to sign Sevilla striker Alvaro Negredo, valued at £20m by his club (Guardian).

City have put Real Madrid defender Pepe at the top of their list of transfer targets (Independent).

Everton are confident of fending off Newcastle’s interest to seal a £5m deal for Arouna Koné (Daily Mail).

Everton and Spurs are favourites to sign Barcelona winger Gerard Deulofeu (Various).

Tottenham are also interested in Roma midfielder Miralem Pjanic (Daily Mail).

West Ham and Cardiff have been offered Malaga striker Javier Saviola (Daily Mail).

Norwich have offered £6m for Senegal striker Dame N’Doye (Daily Mirror).