Date: 11th June 2011 at 10:06am
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Manchester City are set to battle and Manchester United for the signature of Tottenham midfielder Luka Modric, 25, and are ready to start the bidding at £30m. Full story: Daily Mail

But Manchester City have moved quickly to offer Udinese Alexis Sanchez an alternative to after putting together a bid worth €30m (£26m) for the Chile international. Full story:

are competing with Manchester United and Manchester City for the signature of teenage centre-half Raphaël Varane, the Lens and France under-21 player.
Full story: The Times (requires subscription)

A release clause in Phil Jones’s Blackburn contract has temporarily halted the central defender’s move to Manchester United. Although the deal is still expected to go through, the Premier League champions may have to pay more than £16m for the 19-year-old.
Full story: Daily Mirror

Manchester United have off-loaded £7.4m winger to Turkish club Besiktas on a season-long loan with a view to a £2m permanent move.
Full story: Daily Mail

Darron Gibson could also move to Sunderland after the Manchester United and Republic of Ireland international midfielder said he would welcome the chance to play under manager Steve Bruce.
Full story:

Manchester United legend will return to Old Trafford in August when his New York Cosmos side face in a testimonial for Paul Scholes, who has just retired.
Full story: Daily Star