Transfer Talk: Featuring Higuain, Reina and Gustavo

Napoli, Arsenal, Chelsea, Liverpool, Real Madrid, Bayern Munich, Tottenham, Malaga, Lazio, Olympiakos, Charlton, Ipswich and Atletico Madrid all feature.

Napoli targets Gonzalo Higuain and Pepe Reina have both passed medicals this evening. The Real Madrid striker and Arsenal target is expect to sign on a €40 million deal taking him to the Serie A outfit and long-serving Liverpool goalkeeper Reina will reunite with former Reds boss Rafael Benitez on loan.

Meanwhile, Arsenal and Chelsea target Luiz Gustavo has insisted he is ‘happy to stay’ at European champions Bayern Munich, despite interest from a number of clubs including Bundesliga rivals Wolfsburg.

"I want to stay on at Bayern Munich. I am under contract with the club and I want to fulfil that commitment,” stated the Brazilian midfielder.

Serie A giants Lazio have completed the signing of Lucas Biglia on a five-year contract from Anderlecht. The 27-year-old midfielder has spent the last seven season in Belgium and, despite previous interest from a number of top clubs in England and France, the Argentine has signed for Lazio.

Elsewhere, former Barcelona and Real Madrid striker Javier Saviola has signed for Greek giants Olympiacos this evening. The 31-year-old Argentine arrives on a free transfer after his one-year contract extension at Malaga expired earlier this month.

La Liga giants Real Madrid have tied up the future of Jese Rodriguez (known simply as Jese) to a new four-year contract, ending speculation the highly rated youngster could move on from the Bernabeu this summer.

The 20-year-old striker was reportedly a target of Tottenham’s but the new agreement commits him to the Spanish capital until 2017.

In the Championship, Charlton boss Chris Powell has opened the door for Ricardo Fuller to re-sign at The Valley.

Ipswich manager Mick McCarthy has confirmed the club are in talks to negotiate the sale of Michael Chopra who is deemed ‘surplus to requirements’ and will likely move to either Barnsley or Sheffield Wednesday who have both been heavily linked with the 29-year-old striker.

Atletico Madrid have signed Jose Maria Gimenez on a five-year contract from Danubio. The 18-year-old defender is understood to be delighted to join the likes of David Villa in the Spanish capital.

Earlier this afternoon, Brendan Rodgers insisted striker Luis Suarez remains a Liverpool player, despite Arsenal’s £40,000,001 bid for the Uruguayan who has now been granted permission to discuss personal terms with the Gunners.