Paper Talk: Transfer rumours, latest news, done deals and updates

Hello again everyone and welcome to my latest blog post, where I have the latest paper talk in the media at the moment - football updates, transfer news and rumours from across the world, including Europe and the EPL.

I will do my best to have at least one blog post each week about the latest transfer rumours, news and updates.

Here is the latest -

DONE DEAL:

Manchester United have unveiled Athletic Bilbao midfielder Ander Herrera as their first signing of the summer, for a transfer fee of £30million pounds from the Spanish club.

Done deal: Herrera has signed for Manchester United, the transfer fee to be £30million pounds

They announced the deal yesterday afternoon, after Herrera was seen in Manchester beforehand - having a medical and agreeing personal terms.

Herrera has signed on a four-year contract deal, with the Spaniard saying "signing for Manchester United is a dream come true."

Ryan Giggs (United number 2) on Herrera signing. "We believe he's one of the brightest young prospects in Spain. I'm certain he'll be a big hit."

Arsenal striker Nicklas Bendtner is one of nine players to be released by the club, when his contract comes to an end next Monday. The Danish striker spent 10 years at The Gunners, scoring 47 goals in over 150 appearances for the side.

DONE DEAL: There are questions over English midfielder Jack Rodwell's future, after Manchester City announced the signing of £12million pound midfielder Fernando from FC Porto on Wednesday.

Off to Manchester: Fernando is joining City, after Porto announced the deal on Wednesday

CONTRACT SIGNED: Everton right-back Seamus Coleman has quashed rumours of a potential move to Arsenal, after signing a new five-year contract deal until 2019 with The Toffees, who have qualified for European competition after a great campaign last season.

Boost: Coleman has confirmed that he will STAY at Everton, amid rumours of a move to Arsenal

SPECULATION: Newly-promoted QPR have all but signed Manchester United defender Rio Ferdinand, who was released by the Red Devils at the end of the season, having played for United for 12 years.

However, neither the club or Rio himself have confirmed the deal, which means that it is still transfer speculation at the moment.

Speculation or almost done? Ferdinand has been heavily linked with a move to QPR

It has been reported that he will take a pay cut to join them, as he is desperate for first-team football.

RUMOUR: Sunderland are reportedly willing to offer £10million for Liverpool striker Fabio Borini, after a successful loan spell at the club last season.

DONE DEAL: Southampton teenage left-back Luke Shaw is set to become the third most expensive defender in world football, as Manchester United have announced the signing of Shaw - for a transfer fee in excess of £30million pounds from The Saints.

Shaw is set for a move to United - £30million pounds is the transfer fee

Record-breaking: Shaw's move to United is the third most expensive transfer fee for a defender

Done: United announced the transfer in the last few minutes on their Twitter account

Arsenal have reportedly rejected Manchester United's opening offer for captain and defender Thomas Vermaelen, who has been linked with a move away from The Gunners this summer after a lack of first-team football.

Vermaelen has been linked with a move to Manchester United, who are in search of a new centre-back after the departures of Vidic and Ferdinand

PSG have admitted their interest in Manchester City's defensive-midfield powerhouse Yaya Toure, who has had a few arguments and disagreements with his club.

Interesting situation: Toure has publicly said that PSG are a "wonderful club" - is he open to a move?

First, he was reportedly unhappy after the club did not celebrate his birthday - then, a few days ago he publicly stated that City did not give him time off or space after the death of his younger brother, Ibrahim - who died last week.

ALMOST COMPLETE: Liverpool are set to announce the £25million pound signing of Southampton creative midfielder Adam Lallana, who has been linked with a move to The Reds since the end of the season.

England international: Lallana is set for a £25million move to Liverpool, after being heavily linked with The Reds

The 26-year-old is currently in Melwood for a medical at the club, where he is expected to agree personal terms and he could be unveiled as a Liverpool player by later tonight.

Arsene Wenger has confirmed that he is NOT interested in bringing former Manchester City striker Mario Balotelli back to the Premier League, despite reports that Balotelli is interested in signing for Arsenal.

However, he has admitted his interest in Chilean duo Arturo Vidal and Alexis Sanchez, who could cost a total of £50million pounds between them - but it will be hard to sign them as many other European clubs such as Manchester United and Liverpool are also interested.