TRANSFER ZONE - 1st July 2014

• Barcelona have slapped a £32 million price tag on Liverpool, Arsenal and Manchester United target Alexis Sanchez.

• Chelsea have been offered Nigerian and Fenerbahce striker Emmanuel Emenike who is valued at £15 million. The Club have also agreed a two-year deal for former midfielder Tiago Mendes after his contract expired at Atletico Madrid.

• Newcastle United have slapped a £12 million price tag on Arsenal, PSG and Monaco target Mathieu Debuchy.

• Arsenal have lined up a £23 million move for Real Madrid midfielder Sami Khedira in the bid to bring out the best out of fellow compatriot Mesut Ozil.

• Real Madrid have lined up a £25 million move for Bayern Munich star Toni Kroos.

• Tottenham have joined Arsenal in the race for the signature of Ivorian defender Serge Aurier.

• AC Milan midfielder Kaka has returned to Brazil to play for Sao Paulo.

• Manchester United are still keen to bring Arsenal skipper Thomas Vermaelen to Old Trafford.

• Manchester City are closing in on Malaga goalkeeper Willy Caballero.