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

Arsenal are ready to up their bid for Luis Suárez after their initial £30m offer was rejected (Daily Telegraph).

But they will need to go to at least £40m, as Liverpool will not consider anything less than that (The Sun).

The Gunners are also reviving their interest in Sevilla’s French midfielder Geoffrey Kondogbia (Daily Mail).

Manchester City are close to beating off competition from Chelsea for £30m Fiorentina forward Stevan Jovetic (The Times).

Chelsea’s Romelu Lukaku has turned down a chance to join West Ham on loan after being assured he will get his chance at Stamford Bridge (Daily Star).

The Hammers are poised to make a move for Inter Milan’s Serbian midfielder Zdravko Kuzmanović (The Sun).

Aston Villa hope to sign Chelsea’s Demba Ba if they lose their own striker, Christian Benteke (Daily Star).

Reading boss Nigel Adkins is making a move for Burnley’s Charlie Austin, despite the striker failing a medical at Hull (Daily Mail).

Sunderland hope to persuade Tottenham midfielder Tom Huddlestone to move to the Stadiu, of Light this week (Daily Mail).

Fulham want to sign Liverpool defender Sebastian Coates (Various) Blackpool winger Tom Ince will decide today if he wants to join Cardiff in an £8m deal (Daily Star).