Transfer Market LIVE: Gabriel Jesus to replace Suarez, James heading to Everton...

11:15. Alaves have met with Strasbourg as they look to try and sign Alexander Djiku. The Basque club want to sign him on loan with an option to buy, but Strasbourg want to sell him outright this summer.

10:55. Inter have struck a deal with Brescia to sign Sandro Tonali, according to La Gazzetta dello Sport. The move will be for around 35 million euros, but the payment will be split over several years.

10:28. Leicester City have reached an agreement with Jamie Vardy over a new contract, which will keep him at the club until after his 36th birthday, Sky Sports report.

10:00. Sevilla are already planning for next season and, in addition to wanting Ivan Rakitic to return to the club, they want to lure Real Madrid youngster Oscar Rodriguez to Andalusia after his successful two-year loan spell at Leganes.

9:35. Former Manchester United centre-back Rio Ferdinand caused a lot of excitement amongst Chelsea supporters on Tuesday night as he said that Frank Lampard wants to sign Lionel Messi. "Just heard Frank Lampard is now in for Messi. Some window this if Lamps pulls this off!" it read.

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9:10. Rodrigo Moreno is on his way from Valencia to Leeds United for just over 30 million euros plus 10 million euros in add-ons. Read more here.

8:45. Everton are closing in on the signing of Real Madrid playmaker James Rodriguez, who is set to play under Carlo Ancelotti for the third time in his career. The fee is for between 25 and 30 million euros.

8:20. Barcelona would like to sign Manchester City striker Gabriel Jesus as a replacement for Luis Suarez, according to Globoesporte. The Brazilian has a contract until 2023.

8:00. Good morning and welcome to Wednesday's transfer blog.