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

Saints will battle Sunderland for ex-Spurs winger Emil Hallfredsson (Daily Mirror).

The Icelandic player, 29, is currently with Italian side Verona.

He did not make any appearances for Spurs during his time there and has previously been on loan at Barnsley.

Arsenal are set to make a £40m bid for Liverpool’s wantaway striker Luis Suárez (Daily Mail).

But Liverpool want a staggering £55m for the player (The Sun).

Manchester United will seek clear-the-air talks with Wayne Rooney’s agent Paul Stretford in a bid to persuade the striker to stay (Independent).

Spurs have told United they are wasting their time if they bid for Gareth Bale (Daily Mirror).

But, then, Bale has apparently told his friends that he fancies a move to Old Trafford (Daily Star).

Tottenham have launched a £20m bid for Valencia striker Roberto Soldado, after having a £17m offer rejected (Daily Star).

Fulham are keen to bring Pavel Pogrebnyak back to the club, from Reading (Daily Mirror).

Stoke are closing in on a £6m move for Senegal international striker Mame Biram Diouf (Various).

Napoli manager Rafa Benítez is hoping to sign Liverpool keeper Pepe Reina (Various).

West Ham could make a £1.8m offer for Sporting Gijon midfielder Oscar Trejo (Daily Mail).

West Brom have rejected an £850,000 bid from Dubai club Al Nasr for Peter Odemwingie (Various).

Sunderland are set to make a move for Inter Milan defender Cristiano Biraghi (Daily Express).

The Black Cats are also expected to complete the £5m signing of Argentina international right-back Gino Peruzzi, from Velez Sarsfield (Daily Mail).