The transfer rumors are spreading like wildfire and it’s that time of the year where clubs scramble to eke out their best possible combination . So what does today’s transfer feed bring us? Here are the top stories: Liverpool is not deterred by the £22m valuation that Shakhtar Donetsk have put on Armenia international midfielder Henrikh Mkhitaryan, with any move not dependent on whether they are forced to sell striker Luis Suarez, 26. Mkhitaryan, 24, scored a record 25 goals in the Ukrainian Premier League last season. Arsenal are considering whether to make a move for Swansea attacker Michu. The 27-year-old scored 22 goals in all competitions in his debut campaign with the Welsh side last term. Newcastle could compete with Liverpool to sign 24-year-old center-back Alex Pearce, whose contract at Reading ends this summer. The Toons plan to add only a central defender and a striker to their squad in the summer. Sunderland hope to beat Southampton and Norwich to the £7m signing of a 25-year-old Celtic striker Gary Hooper. Manchester City could recruit England and Norwich goalkeeping coach Dave Watson because of the positive relationship he has developed with Joe Hart, 26, while on international duty. Barcelona striker David Villa, 31, who has been linked with Arsenal and Tottenham, has said he will not make any decision about his future until he has finished playing in the Confederations Cup with Spain. The tournament is set to run from 15-30 June. Former Italy international Gennaro Gattuso, 35, has been named coach of Palermo. Brazilian defender Thiago Silva, 30, has said he will miss Carlo Ancelotti at Paris St-Germain, but has denied he will leave the club after the manager’s departure Former Brazil international Roberto Carlos, 40, has been named coach of Turkish side Sivasspor. Real Madrid playmaker Mesut Ozil, 24, has thanked outgoing coach Jose Mourinho in a post on his Facebook page. Atletico Madrid has bought Brazilian striker Leo Baptistao, 20, from Rayo Vallecano on a five-year deal. Elsewhere, Crystal Palace will appoint trained solicitor Tim Coe as their new head of recruitment. Head coach Stuart Pearce will allow winger Wilfried Zaha, 20, to decide whether he is fit enough to play in England’s opening game in the European Under-21 Championship finals against Italy on Wednesday.

Manchester United will soon announce that Phil Neville, 36, is to return to his former club as a member of new manager David Moyes’s backroom staff as he follows the Scot to Old Trafford from Everton. And finally, Joey Barton has apologized “profusely to any coaches whose sessions I have ever criticized” and joked he could be about to send in a job application to Real Madrid as he completes his Uefa ‘B’ license and starts an ‘A’ course with the Irish Football Association in Belfast.