Chandrashekar Srinivasan

Reports suggest that Spanish champions Real Madrid and Tottenham Hotspur have agreed on a valuation for Croatian midfielder Luka Modric's services

Manchester City defender Kolo Toure increases speculation over his exit from the club after reportedly throwing his Community Shield winner's medal into the crowd at Villa Park

Newcastle United have agreed a fee with Ajax for the transfer of Vurnon Anita, while Alan Pardew sweats over fitness problems ahead of the first league game of the season

European champions Chelsea hope to kick-start their 2012/13 campaign by winning their third piece of silverware in 2012 - the Community Shield.

Reports indicate Liverpool manager Brendan Rodgers may be willing to part with Scottish midfielder Charlie Adam in an exchange deal to bring Fulham's American forward Clint Dempsey to Anfield.

Arsenal have confirmed the transfer of Mexican striker Carlos Vela to Spanish club Real Sociedad, while Tottenham move for a former Gunners' target in French midfielder Yann M'Vila.

The final day of the London Olympics 2012 still has plenty of medal action to offer with as many 10 disciplines offering as many as 15 events before the closing ceremony at 9 pm BST. Check out a brief preview of Day 16 at the London Olympics

Roberto Mancini has once again hit out at Manchester City administrators and has claimed the lack of new signings means City can hope to finish no higher than third in the new league season.

Chelsea have reportedly begun scouting and considering other targets in their search to fill the right back position at Stamford Bridge as the transfer of Spanish right Cesar Azpilicueta hangs in the balance

Check out what to expect on Day 14 of the London 2012 Olympic Games (all times BST):

Barcelona coach Tito Vilanova has moved to play down rumours of an approach for Arsenal midfielder Alex Song

Liverpool have been linked with a move for Atletico Madrid defender Diego Godin, if Danish centre back Daniel Agger moves to Manchester City

Chelsea will reportedly return with a bigger bid for Bayer Leverkusen striker Andre Schürrle, while Napoli have been linked with a move for Raul Meireles

Spanish champions Real Madrid are reportedly tiring of Tottenham chairman Daniel Levy's hardball stance over the transfer of Croatian playmaker Luka Modric and have issued Spurs an ultimatum and final offer of £30m

Hosts sitting comfortably in third place with 22 Olympic gold medals and 48 overall.

Sir Alex Ferguson is reportedly furious at having lost out on two of his three top transfer targets for the summer, after rumours suggested French club PSG would outbid the Red Devils for Brazilian midfielder Lucas Moura

Reports suggest Russian club Zenit St Petersburg may have entered the race to sign FC Porto's Brazilian striker Hulk, from under the nose of Roman Abramovich's Chelsea

The latest player linked to the Old Trafford club is young Spanish midfielder Isco, who plays for Malaga in Spain's La Liga

Newcastle United could miss out on Dutch midfielder Vurnon Anita if he signs a lucrative new contract with Ajax.

South African runner Oscar Pistorius, the first double amputee to compete in the Olympics, has qualified for the semi-final of the men's 400m event.

Arsenal's summer of rebuilding continues as rumours link Real Madrid's Turkish midfielder Nuri Sahin with a season-long loan.

Liverpool midfielder Alberto Aquilani has completed his medical with Italian club Fiorentina and is set to leave Anfield after an injury-marred time in the Premier League

IBTimes UK looks ahead to all the action taking place at the 2012 London Olympics

Action from the 2012 London Olympics to come from Wimbledon, where all the big guns - Andy Murray, Roger Federer, Novak Djokovic, Maria Sharapova and the Williams sisters will be out on court... and there are four medal races in swimming events to be completed

British fencer Corinna Lawrence beat Chilean Caterin Aranguiz Bravo to enter the Round of 32 in the women's individual epee event at the 2012 London Olympics, while compatriot Paul Drinkhall was beaten by German Dimitrij Ovtcharov in his single's table tennis third round match

IBTimes UK presents our daily round-up and previews to all the action from the 2012 London Olympics

Rebecca Adlington has squeaked into the final of the women's 400m freestyle event, while sailor Ben Ainslie started the fleet of 10 races for the men's Finn sailing event by finishing a strong second.

2012 Formula 1 Hungarian Grand Prix preview, with driver quotes, qualifying recap, race strategies, weather updates and information on where and how to follow the race live

Saturday saw the first flush of Olympic golds and China leads the provisional table with six medals (four gold) and with the Italians and Americans in hot pursuit. The hosts, Great Britain, have yet to open their medal count for the Games but can be confident of doing so on Sunday, with Rebecca Adlington competing in the women's 400m freestyle and three time gold medallist Ben Ainslie opening the sailing event