Today's newspaper gossip: Arsenal considering mega offer for Morata; Conte target Nainggolan

Arsenal are considering making a club-record bid - in excess of the £42.4m they paid Real Madrid for Mesut Ozil in September 2013 - for 23-year-old Juventus striker Alvaro Morata. (London Evening Standard)

Manchester United's hierarchy fear manager Louis van Gaal's playing style could put off Borussia Dortmund striker Pierre-Emerick Aubameyang, 26, from joining them. (Daily Mail)

Chelsea's incoming manager Antonio Conte has earmarked Roma's midfielder Radja Nainggolan, 28, and defender Kostas Manolas, 24, at the top of a long list of transfer targets. (London Evening Standard)

Pep Guardiola, who will take over as Manchester City manager in the summer, wants to sign Borussia Dortmund midfielder Ilkay Gundogan, despite the 25-year-old German being ruled out of Euro 2016 with a dislocated kneecap.(Daily Mail)

Manchester City midfielder Yaya Toure, 33, is in talks over a reunion with former manager Roberto Mancini at Inter Milan. (calciomercato.it via Sun)

Inter Milan striker Mauro Icardi has been linked with a move to Manchester United but the Italian club say their 23-year-old captain is staying with them. (La Gazzetta dello Sport via Daily Express)

Everton, Stoke and West Ham are keen on signing Michael Carrick on a free from Manchester United this summer but the 34-year-old midfielder would be willing to stay at Old Trafford if they replace Louis van Gaal with Jose Mourinho. (Daily Star)

Valencia midfielder Andre Gomes, 22, has been offered to Manchester United.(Todo Mercado Web via Metro)

Leicester are increasingly concerned that Arsenal will trigger 25-year-old midfielder N'Golo Kante's £20m release clause this summer. (Daily Mirror)

West Ham's 17-year-old defender Reece Oxford, who has been linked with Manchester City and Manchester United, wants £40,000 a week and a £1m signing-on fee to stay with the Hammers. (Sun)

Southampton manager Ronald Koeman is set to turn down any approach from Everton in the belief that he will be able to land a bigger job in a year's time.(Daily Mirror)

Chelsea defender John Terry, 35, has agreed to take a £100,000-a-week pay cut to stay at Stamford Bridge.(Sun)

Chelsea are still keen on signing a centre-back, despite John Terry signing a new deal, and are keen on Juventus defender Leonardo Bonucci, 29. (Times - subscription required)

West Ham are expected to return with an improved offer for Bournemouth striker Callum Wilson but the Hammers face competition from Tottenham for the 24-year-old. (Guardian)

Liverpool will not change their summer transfer targets after failing to qualify for Europe next season. Bayern Munich attacker Mario Gotze, 23, remains their top target. (Liverpool Echo)

Leicester aim to sign "three or four" new players in the summer and are believed to be in pole position to sign 26-year-old striker Gianluca Lapadula who has scored 26 goals in 39 appearances for Serie B side Pescara. (Leicester Mercury)

Manchester United and Manchester City are both interested in buying Schalke's £30m-rated 20-year-old forward Leroy Sane. (Goal)

Best of social media

Daniel Sturridge's opener for Liverpool in Wednesday's Europa League final drew praise from several fellow players on Twitter.

Mario Balotelli, on loan from Liverpool at AC Milan, congratulated his Merseyside team-mates on their continental campaign despite falling at the final hurdle.

Meanwhile Times journalist Rory Smith says that Sevilla manager Unai Emery would be amenable to an approach from Everton.

And finally

Barcelona have reacted angrily to a ban on their fans' Catalan independence flags at Sunday's Copa del Rey final. (Marca)

Former Liverpool defenders Jamie Carragher and Sami Hyypia hung out with Liverpool fans in Basel in the build-up to the Europa League final. (Metro)