Transfer Talk Daily Update: Kelechi Iheanacho, Tom Lawrence, Riyad Mahrez

The transfer window is open! Clubs around the UK and Europe are getting business done as they look to give themselves the best possible chance at success in the new season.

Wednesday morning's headlines:

Report: Manchester City, Leicester City agree Kelechi Iheanacho £50m buy-back clause
Manchester City have sealed a £50m buy-back option for Kelechi Iheanacho as the striker closes in on his protracted move to Leicester City, according to a report. Read more.

Report: Everton midfielder Kieran Dowell to seal Nottingham Forest loan move
Everton midfielder Kieran Dowell is reportedly on the verge of sealing a season-long loan move to Championship side Nottingham Forest. Read more.

Nikola Jurcevic: 'Javier Hernandez will be really important for West Ham United'
West Ham United assistant manager Nikola Jurcevic believes that new signing Javier Hernandez will be a "really important player" for the club. Read more.

Report: Joe Lolley on Sheffield United, Sunderland, Barnsley radar
Huddersfield Town midfielder Joe Lolley is said to be a transfer target for Championship trio Sheffield United, Barnsley and Sunderland. Read more.

Burnley defender Alex Whitmore seals Bury loan switch
Bury confirm that Burnley defender Alex Whitmore has completed a loan move to Gigg Lane until January. Read more.

Report: Hoffenheim value Jeremy Toljan at £13m
Hoffenheim reportedly value Germany Under-21 defender Jeremy Toljan, a target for Tottenham Hotspur, at £13m. Read more.

Report: Robbin Ruiter on verge of Sunderland move
Former Utrecht goalkeeper Robbin Ruiter will fly into the North East on Wednesday to undergo a medical with Sunderland, according to reports. Read more.

Report: Blackburn Rovers reject third Sheffield United bid for Darragh Lenihan
Sheffield United reportedly see a third bid, said to be £1.25m, rejected for Blackburn Rovers defender Darragh Lenihan. Read more.

Ashley Cole considering return to England with Birmingham City
Former Arsenal, Chelsea and England left-back Ashley Cole admits that he would consider a return to English football with Birmingham City. Read more.

Riyad Mahrez "hopeful" of Leicester City exit
Leicester City winger Riyad Mahrez is reported to be "increasingly confident" of securing a move away from the King Power this summer. Read more.

Hearts want young Newcastle United keeper?
Scottish Premiership side Hearts reportedly make a loan bid for young Newcastle United goalkeeper Freddie Woodman. Read more.

Birmingham City 'want Bristol City duo'
Birmingham City reportedly make a joint bid for Bristol City defenders Aden Flint and Joe Bryan. Read more.

Gary Rowett: 'Derby County working hard on signings'
Derby County manager Gary Rowett insists that the Championship side are "working incredibly hard" to get transfer business done this summer. Read more.

Bristol City want Wolverhampton Wanderers striker?
Bristol City are reportedly lining up a £1.2m bid for Wolverhampton Wanderers forward Joe Mason. Read more.

Leicester City reject Derby County bid for Tom Lawrence?
Leicester City reportedly reject a £7m bid from Derby County for winger Tom Lawrence. Read more.

Kostas Manolas: 'I am staying at Roma'
Roma defender Kostas Manolas, who has been linked with Chelsea, Juventus and Inter Milan this summer, confirms that he will be staying at the club. Read more.

Manchester City attacker Marlos Moreno joins Girona on loan
Marlos Moreno becomes the fourth player in less than a day to join newly-promoted Girona on loan from Manchester City for the 2017-18 season. Read more.

Liverpool goalkeeper Shamal George signs new contract, joins Carlisle on loan
Liverpool goalkeeper Shamal George signs a new contract with the club and joins League Two side Carlisle United on loan until January. Read more.

West Ham United duo join Bolton Wanderers on loan
West Ham United duo Reece Burke and Josh Cullen join newly-promoted Championship side Bolton Wanderers on loan until January. Read more.

Everton target Nikola Kalinic 'agrees terms with AC Milan'
AC Milan reportedly agree personal terms with Fiorentina striker Nikola Kalinic, who has also been linked to free-spending Everton this summer. Read more.

New Manchester City signing Douglas Luiz joins Girona on loan
Manchester City confirm that new signing Douglas Luiz will spend the 2017-18 campaign on loan at newly-promoted La Liga side Girona. Read more.

Burnley youngster Aiden O'Neill joins Fleetwood Town on loan
Burnley midfielder Aiden O'Neill joins Fleetwood Town on loan from the 2017-18 season. Read more.

Fiorentina 'enter race to sign Liverpool target Emre Mor'
Fiorentina reportedly make a £10.7m bid for Borussia Dortmund winger Emre Mor, who has also been linked with Liverpool and Southampton. Read more.

Kelechi Iheanacho 'undergoing Leicester City medical'
Manchester City striker Kelechi Iheanacho will reportedly undergo a medical at Leicester City today ahead of his proposed £25m move to the King Power Stadium. Read more.

Sevilla re-sign Jesus Navas on free transfer following Manchester City exit
Former Manchester City winger Jesus Navas returns to Sevilla on a four-year deal. Read more.

AS Monaco 'increase Kylian Mbappe's price tag to £178m'
Monaco reportedly increase their asking price for Kylian Mbappe to £178m. Read more.

Liverpool 'turn down £89m bid from Barcelona for Philippe Coutinho'
Liverpool reportedly reject a second bid worth £89m from Barcelona for Philippe Coutinho. Read more.

Arsenal 'struggling to offload fringe players due to pay-cut refusals'
Arsenal are reportedly struggling to sell their fringe players due to their unwillingness to take a pay cut at other clubs. Read more.

Everton 'put together package to meet Swansea's £50m Gylfi Sigurdsson valuation'
Everton are reportedly putting together a £50m package to persuade Swansea City to sell Gylfi Sigurdsson. Read more.

Newcastle United 'unwilling to pay Arsenal's £13.4m asking price for Lucas Perez'
Newcastle United are reportedly unwilling to pay Arsenal's £13.4m valuation for Lucas Perez. Read more.

Southampton boss Mauricio Pellegrino 'hoping Virgil van Dijk backs down'
Southampton boss Mauricio Pellegrino is reportedly hopeful that Virgil van Dijk will back down from his stance and not push for a transfer. Read more.

Everton's spending could reach £200m as club 'eye three more signings'
Everton manager Ronald Koeman reportedly wants to bring in three more players, which could take his spending up to £200m. Read more.

Wolverhampton Wanderers complete loan capture of Leo Bonatini
Wolverhampton Wanderers announce the signing of Brazilian striker Leo Bonatini on a season-long loan from Al-Hilal. Read more.

Inter Milan 'to launch £35m move for Liverpool star Sadio Mane'
Inter Milan are reportedly planning to lodge a £35m bid for Liverpool star Sadio Mane. Read more.

PSG's Serge Aurier agrees five-year contract at Manchester United?
Manchester United reportedly agree a five-year contract with Paris Saint-Germain right-back Serge Aurier. Read more.

Paris Saint-Germain 'still confident of signing Neymar, but no medical yet'
Paris Saint-Germain reportedly remain confident that they will sign Barcelona star Neymar this summer, but a medical has not been arranged. Read more.