Premier League Rumour Mill: Kroenke invited to Emirates, QPR want Cook back

The Denver Nuggets owner holds a 12 per cent stake in the Gunners and is understood to be behind one of the two takeover bids for the club.

Hill-Wood said: "We had a very friendly talk. We wanted to know what he had in mind for Arsenal.

Kroenke's position has been strengthened after David Dein sold his shares to Russian billionaire Alisher Usmanov.

Manchester United are moving in the latest hot young prospect at Barcelona and are confident they can capture Giovani Dos Santos from the Catalans.

Barca are expected to fight tooth and nail to prevent the 18-year-old sensation from leaving the Nou Camp as they are still fuming at losing Cesc Fabregas to Arsenal.

Tottenham are also ready to sign a young teenager brimming with potential as they want Ghana starlet Ransford Osei - the top scorer at the Under-17 World Cup.

Back home and Stoke want to sign Sheffield Wednesday midfielder Glenn Whelan on loan after failing with a permanent offer.

And QPR have tried to bring Lee Cook back on loan from Fulham while Manchester City reject Hatem Trabelsi is set to sign for French side Le Mans after turning up for a trial.

Nottingham Forest are lining up a loan move for Leicester striker Matty Fryatt after their horror start to the new season.

And Middlesbrough beat off opposition from three other clubs to sign Gary O'Neil from Portsmouth for £5m ion deadline day.

Boro will pay just £2.5m up front and the rest will be handed over on appearances. Agent Johnny Mac denied that the fee was slashed after the midfielder failed an initial medical and added: "Things had to be restructured between the clubs but it did not mean Middlesbrough will pay less than £5m for him – in fact they will end up paying slightly more on appearances.

"If they Middlesbrough had offered less than £5m, he'd have been sent back – it's as simple as that. There is no way he would have gone for less than £5m. Pompey had three other clubs prepared to pay that amount."

Rumour of the day: Martin O'Neill will offer Martin Laursen a new deal to stay at Aston Villa when the inform Denmark international returns from Euro 2008 qualifying action.

No chance: Andriy Shevchenko will not be allowed to leave Chelsea on loan even though he claims he is not being given first-team opportunities despite returning to fitness.