TRANSFER NEWS: Arsenal's DOUBLE swoop, Chelsea's £40m Varane bid, Falcao EXIT

EXPRESS SPORT brings you all the latest transfer news from the Premier League.

Raphael Varane Player Profile

Chelsea and Manchester City are eyeing Everton midfielder Ross Barkley

While Etihad bosses hoped they could snap up the star 21-year-old for £30million, the Toffees have told them to think again having valued Barkley at a whopping £50million. 

Chelsea are plotting a £40m bid for Real Madrid defender Raphael Varane, according to the Sun

Radamel Falcao's time at Manchester United looks to up as he is could join Juventus when his season-long loan at Old Trafford ends. 

Chelsea are plotting a £40million bid for Raphael VaraneGETTY

Chelsea are plotting a £40million bid for Raphael Varane

Along with Morgan Schneiderlin, Arsenal have also set their sights on signing Southampton midfielder Victor Wanyama.

The Gunners are plotting a double swoop for the Kenya international and Anderlecht's 20-year-old striker Aleksandar Mitrovic for a combined fee of £30m.

Liverpool's chances of signing Mateo Kovacic from Inter Milan have taken a massive blow.

The Croatia international's agent insists he will not head to Anfield at the end of the season, according to the Daily Mail

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