The transfer window that operates during the close season of the European football calendar is a period of fervent business in the buying and selling of some of the world’s most talented players. Goalmouth will keep you up-to-date with the latest spin from the transfer markets until deadline day of August 31.

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The topic that's getting all tongues wagging today are the reported statements from Franck Ribery that, contrary to the apparent wishes of his club Bayern Munich, the French winger wants to leave Germany to join Real Madrid.

Ribery has made his intentions clear according to L'Equipe

Despite Real adding to their increasingly star-studded squad with compatriot Karim Benzema in the last 24-hours it seems Ribery is optimistic of money still being available to facilitate his move.

L'Equipe report the 26-year-old winger told them in no-uncertain terms he wants out: "It is decided. I wish to leave and it is Real or nothing."

Despite such assertions from the player Chelsea are refusing to give up their chase of  Ribery and plan a last-ditch raid to capture the French-flyer. It is thought the Blues will have to spend $75m to ease the grip of the Bavarian club, according to Daily Mail

The arrival of Italian manager Carlo Ancelotti in London has still yet to happen, and for a very good reason according to British tabloid The Sun.

It seems the wheeler-dealer has some business to tie up before heading for London, namely securing the signature of striker Alexandre Pato with whom he worked at AC Milan. The Rossoneri have priced the Brazil sensation at $65m which may test Chelsea's purse power.

El Mundo Deportivo have news of more imminent moves in Spain. The collapse of Real's pursuit of David Villa has opened to the door to their rivals Barcelona.

"I only want to go to Barca," Villa told Barcelona's technical director Txiqui Begiristain at a secret meeting, the Catalan sports paper said.

Barcelona, which won a unique treble of league, Spanish cup and European Champions League trophies last season, is ready to offer Villa contract of four or five years.

It looks like AC Milan want a man famous for his 'robot dance' goal celebration. The Milan giants are being realistic that Edin Dzeko will be staying in the Bundesliga and that Arsenal's Emmanuel Adebayor may not move, hence the new target is Portsmouth's Peter Crouch.

According to the Italian television network Studio Sport, the man with the dancing shoes will likely leave but is waiting to see who will be appointed the new manager before making his final decision.

The final destination is Spain, where AS reports are that Milan could snatch up Klaas-Jan Huntelaar as Real clear out the old to make space for the new; which means good news for the Milanistas.

Huntelaar could join on a loan deal, with the Rossoneri having the choice of signing him at the end of the season for around $24m. Stay glued to this blog to see if this deal comes through within the next few days.