Daily transfer updates- 2nd August

Arsenal set to seal Santi Cazorla deal

Malaga’s Santi Cazorla is due to fly into London this week for a medical with Arsenal once a £17.3million fee is agreed.

With Robin van Persie poised to leave, the capture of Cazorla, 27, is the major signing of the summer that Arsene Wenger has been promising. Wenger was beaten to the signature of the Spain midfielder last year by Malaga but a financial crisis for the club now means that they will have to offload platers and Arsene Wenger has cashed in.

Modric deal with Real Madrid close to crumbling…

Real Madrid are threatening to pull out of their chase for Luka Modric — because Spurs want more money up front.

The Spaniards thought they had sealed a £36million deal for the Croatian midfielder. They want to pay £30m initially with the rest over five years — suggesting they will offer Modric a five-year contract. But Tottenham chairman Daniel Levy insists Madrid must hand over most of the fee in one cash payment — and the remainder in no more than 12 months.

…but Spurs lining up for Stekelenburg

Tottenham Hotspurs are set to add to their defensive resources as they are launching a bid for Holland goalkeeper Maarten Stekelenburg.

The 29-year-old moved from Ajax to Roma last summer for £5million but has failed to settle in Italy, compounded by the departure of coach Luis Enrique. Stekelenburg is keen on the move. Roma’s £8m valuation should seem a fair price for the goalkeeper who only recently took over the reign as van der Sar’s successor.

Milan and Madrid presidents to meet, discuss about Kaka future

Adriano Galliani will meet with Real Madrid president Florentino Perez in New York to negotiate a deal for Kaka, the AC Milan chief confirmed. Kaka has been heavily linked with a move back to the San Siro after spending a six-year stint with the club earlier in his career. Galliani said:

“I will speak with Florentino Perez in New York. It will be very hard for us to sign Kaka because of his high wages, but he is a player who is part of our history.”

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