Arsenal have dismissed Manchester United’s bid for Robin van Persie, with offers from Manchester City and Juventus also short of their valuation.
Tottenham defender Ledley King retires from playing
The former England defender, 31, has struggled with injuries for a number of years and has been unable to train on a daily basis.
Real Madrid are second most valuable sports clubs, according to Forbes magazine, only Manchester United are ahead of them.
Tottenham Hotspur have signed defender Jan Vertonghen from Ajax after he completed the formalities of his move.
Spurs have also agreed an undisclosed fee to sign Manchester City striker Emmanuel Adebayor.
Rangers: Uncertainty despite vote into Division Three
The new Rangers have been voted into Division Three by Scottish Football League clubs but say it could trigger a breakaway second tier. At Hampden, 25 of the 30 clubs voted against Rangers being in Division One.
Terry not guilty of racist abuse
Chelsea and England footballer John Terry is cleared of racially abusing Queens Park Rangers’ Anton Ferdinand.
Ex Chelsea manager Andrea Villa Boas has been appointed as the new Tottenham Hotspur manager, replacing Harry Redknapp