The Daily Echo brings you a round-up of the transfer rumours making headlines in today's newspapers...

Manchester United will up their joint bid for Marouane Fellaini and Leighton Baines after Everton rejected a £28m offer from them (Daily Express).

Arsenal have been told they will need to pay at least £20m for Yohan Cabaye, after Newcastle rejected their opening £12m offer (Various).

The Gunners are also targeting Swansea pair Michu and Ashley Williams, as well as Manchester City’s Micah Richards (Daily Star).

Valencia left-back Aly Cissokho is set to join Liverpool on loan today (Daily Mirror).

Manchester United striker Javier Hernandez has rejected the chance to move to Valencia (Daily Mirror).

Everton will step up their interest in Wigan’s James McCarthy this week (Daily Mail).

Stoke want to sign Rennes striker Mevlut Erding in a £4m deal (Daily Express).

Crystal Palace have had a bid for £3m-rated Ipswich defender Aaron Cresswell rejected (Daily Mail).