Paper talk

My football gift to you ... all the transfer talk from today's newspapers.

Cristiano Ronaldo is on the brink of a remarkable U-turn to declare his allegiance to Manchester United as he is unhappy with Real Madrid's public quibbling. (Daily Express)

Real will ask Ronaldo to take a pay cut to leave United. The Spanish club are only prepared to offer the winger a £5.5m-a-season deal, leaving him £1.5m out of pocket. (Daily Star)

Inter Milan have reportedly agreed on a deal for England midfielder Frank Lampard, although Chelsea sources maintain they have yet to receive an offer from the Italians. (Various)

Lampard has agreed in principle to a four-year deal worth £6m a year, with Chelsea receiving a £7m transfer fee. (Daily Mirror)

Chelsea owner Roman Abramovich has tried to hijack Andrei Arshavin's expected move to Barcelona by asking the Russia midfielder to consider playing for the Blues. (Daily Telegraph)

But Chelsea manager Luiz Felipe Scolari has asked chief executive Peter Kenyon to sign AC Milan's Kaka and Bayern Munich's Franck Ribery before the club go on a pre-season tour of Malaysia, China and Moscow. (Daily Mail)

Despite on Friday declaring his intentions to stay at Arsenal, Togo striker Emmanuel Adebayor has changed his stance and is now welcoming interest from Barcelona and AC Milan. (Various)

Portugal want Manchester United assistant Carlos Queiroz as their new manager. (Daily Star)

Serie A side Bologna have made Celtic star Shunsuke Nakamura their number one signing target. (Daily Record/Sun)

Cardiff have signed Scotland striker Ross McCormack from Motherwell and defender Darren Dennehy from Everton. (BBC Sport)