Fernando Torres
Fernando Torres to AC Milan? REUTERS

The pick of today's Premier League, Serie A, La Liga and Bundesliga football transfer rumours, news and gossip for 12 September, 2011. All the latest transfer rumours surrounding Manchester United, Chelsea, Arsenal, Liverpool, Tottenham Hotspur, Manchester City, Bayern Munich, AC Milan, Inter Milan, Juventus, Roma, Barcelona and Real Madrid will be covered here.

Manchester City will offer Barcelona £35m for midfield show-pony Sergio Busquets as they look to bolster their defensive options in the January transfer window.

£35m is also the figure being thrown around in regard to Real Madrid's latest "Premier League raid", with Liverpool goal-snaffler and Luis Suarez the target.

AC Milan are set to offer Fernando Torres a getaway plan to escape his "Chelsea nightmare". The retirement home of choice for knackered Premier League strikers are weighing up a loan bid for the Spaniard, who has scored just once in 22 laboured appearances.

Talking of big pay-days, England boss Fabio Capello has been linked with a managerial role at free-spending Russian side Anzhi Makhachkala, who recently bankrolled Samuel Eto'o to the tune of £300,000 a week.

Harry Redknapp is still interested in bringing David Beckham to north London. "If David wants to come to Tottenham, I'd welcome him with open arms," said the Spurs boss.

However, Beckham's current club, Los Angeles Galaxy, are prepared to gazump interest from Spurs and QPR with a one-year contract worth £5.6m.

Heurelho Gomes, meanwhile, is eager to leave Spurs in January, as he's a little disgruntled about warming the bench since Brad Friedel arrived in the summer.

"He's not happy and he's eyeing a January move," Redknapp said in The Sun. "If the chance comes for him to play elsewhere, I'm sure he'll take it.

Finally, reported Arsenal target Riccardo Montolivo is set to stay at Fiorentina, according to his agent, Giovanni Branchini.

"There are clubs interested in the player, this is normal," he told Calciomercato. "His contract in Italy ends in June and we do not have any plans to meet with the Fiorentina management.

"But we are calm and dialogue is not broken with the club. Throughout the year we will find a solution that is good for both parties."