Young Sebastian Giovinco is regarded as one of Europe's top young talents, and is tipped to be a star in the near future.

Having recently returned to Juventus after spending last season on loan to Empoli, there has been some disputes over the renewal of his contract between the player and the club.

Premier League clubs Manchester United, Arsenal and Liverpool are all said to have their antennas up, and are keeping tabs on the situation, with hopes of bringing the player to England.

Arsene Wenger, who is known for his interest in young talent, is said to be lining up a bid for Giovinco next summer along with Italian Under-21 team-mate Claudio Marchisio.

Juve is said to be willing to sell both players to Arsenal, provided that they include Robin Van Persie in the deal. Van Persie was linked in a shock transfer over the weekend to the Turin club, and is highly valued in the eyes of the current Juventus management team.

Here's Giovinco in action:

Reports suggest that Barca are close to signing Didier Drogba from Chelsea. Drogba has pulled out of Chelsea's pre-season tour to the Far East due injury, and Barca are said to continue their interest by making a solid offer for the Ivorian. Drogba is said to be unsettled and looking for a way out of Chelsea within the next 10 days.

Barca are also said to be interested in Dimitar Berbatov and a possible swap deal could be on the cards with Rafa Marquez moving Tottenham.

Then there's Emmanuel Adebayor, who Barca have apparently lost interest in due to Arsenal unwillingness to sell the player. However with Samuel Eto'o likely to be sold in the coming weeks, Barca could use the funds to offer more for the player and tempt Arsenal to sell.

Personally I think Drogba would be a good signing, he is a crunch-time striker, he almost always scores when it's most important, however I don't know if he would fit into the Barca system, because Barca plays a completely different style to that of Chelsea. Dimitar Berbatov on the other hand I could definitely picture in the Barca system because of his delicate touch and skillful finishes. Adebayor too, I think would fit well as Arsenal plays a similar style to that of Barca.

So who do you think would be the perfect replacement if or when Eto'o leaves?

AC Milan vice president Adriano Galliani, has claimed that he has withdrawn interest in Adebayor, and is currently focused on securing the services of the top players at Milan, beginning with Kaka.
Kaka has been targeted by Chelsea since the appointment of Luiz Felipe Scolari, and Galliani is said to be willing to make sacrifices to ensure the player stays at Milan, which means they are likely not to sign Adebayor this summer.
Ronaldinho, who is currently being disloyal to Barcelona, by insisting that he will play at this year's Olympics, is said to be almost back to his best. This according to Brazilian national team fitness coach, Paulo Paixao, who is currently supervising Ronaldinho's recovery. Speaking of Ronaldinho in an interview yesterday, he said, "He is very happy and motivated," "He has rediscovered his joy, and is once again the Ronaldinho we all knew." "He has been very cooperative in the work we are doing to improve his physical form, and take him back to his best." "Even though he has been idle for a long time, he may already be in top shape by the 22nd of July."
Ronaldinho's defiance and his desire to play at the Olympics despite Barcelona not wanting him to go, insists that the player has made up his mind and probably doesn't even consider himself a Barca player anymore. Barca has been rumored to be responsible for the player's lack of form, due to their ill treatment of the former World Player of the Year.
A transfer fee of around 15 million euros is believed to have been agreed between AC Milan and Barcelona, with Ronaldinho being paid 6.5 million euros annually.

Highly rated French youngster, Samir Nasri has completed a move to Arsenal from Olympique Marseille. The two clubs were said to be in talks over the transfer of the player for sometime now, and after about a month of finalizing things Arsenal, has completed the deal.
This news comes as sweet relief to many Arsenal fans, as the club's players just seem to keep leaving or are rumored to leave. Alas, a gifted player who can ease some of the dismay of loosing Flamini, Hleb and possibly Adebayor.
Personally I destine Nasri for greatness at Arsenal as he fits this team perfectly. Their style of play and his style are one and he will florish at the Emirates, provided someone doesn't break his foot like Eduardo.
Arsenal are believed to have paid Marseille a transfer fee in the region of 14 million euros.

The transfer that has been getting the most hype in the media for sometime now, is none other than the possible move of Emmanuel Adebayor to a new club. To the surprise of many, Adebayor has drawn the most attention this transfer season, and even though he managed to finish second in the goal scoring charts of the EPL, this comes as a shock to many.
AC Milan and Barcelona are the two main clubs who have been after the Togolese hitman since the beginning of the transfer window. But it was always thought that the player was more keen on a move to the San Siro.
Arsene Wenger, a manger who never likes to loose his stars, was insisting that the player would stay, but later dismissed these comments by stating that the club will have to sell its top players every season, in order to pay for their new stadium at the Emirates.
Adebayor is apparently keen on more money, having stated that he will play like Henry when he is payed like Henry, and Arsenal were said to be keen to give the player one more chance by doubling his current pay.
However new rumors have surfaced through the Italian press that the Rosserneri and Arsenal have agreed a fee for Adebayor, having received word from Arsenal that they are ready to sell. According to the report, Milan will pay 30 million euros for Adebayor and include France Under-21 international Yoann Gourcuff in the deal.
Gorcuff is said to have been one of the highly rated young talents throughout Europe, who joined Milan in 2006. However having failed to impress at Milan, the midfielder was loaned out to Bordeaux for next season. Wenger is said to be fond of the player and would welcome the deal.
Milan general manager, Adriano Galliani, is said to be hoping to wrap up the deal by next Wednesday, the 16th of July and although Adebayor will move immediately, it said that Arsenal won't get Yoann Gourcuff until his loan spell with Bordeaux ends in June 2009.
Adebayor will be the third player to move away from the Emirates this season if the deal does pull through, but I'm just curious, what does this all mean for Arsenal and their title hopes for next season? With Flamini already at AC Milan, Hleb said to complete a medical at Barcelona soon and now Adebayor on his way out, this can't be good for the club. And it doesn't help their stability at all. Besides scrambling to find new players, when these new players do arrive, how productive will Arsenal be. My only thought is that if Arsenal do manage to win the Premier League next season, Arsene Wenger is one hell of a manager.

Aleksandr Hleb's future has been somewhat very uncertain over the past months, as he was an unsettled Arsenal player, trophyless, coming of age and wanting a new challenge.
Reports had stated that Hleb had agreed personal terms with Barcelona earlier in the transfer season, however a deal did not materialize, as the clubs had not yet agreed a transfer fee for the player. However reports today indicate that the clubs have agreed on a deal for the Beloriussian, and he will now fly to Barcelona, to perform a medical and sign for the club.
With this news Ronaldinho is more likely than not to leave, as Hleb has been tipped as his replacement on the left side of the team. There's really no replacement for Ronaldinho but the club has to take action in case he leaves.
This news also decreases the likelihood of Andrei Arshavin arriving at the Nou Camp this season, as his club has rejected two bids from Barcelona for him, stating that the offers weren't enough.
With club president, Joan Laporta pulling through the vote of no confidence by a very narrow margin, as 60% of the club members with voting rights voted against him, but 65% were needed for an election to be held, trasnfers activities were able to continue as usual and thus, a deal has been agreed for Hleb.
This will reunite two former Gunners, Henry and Hleb, and it is yet to be seen if the two can strike a successful partnership, as it is said they didn't play well together while at the Emirates.