Bologna have won the race to sign midfielder Alessandro Diamanti.
The 28-year-old, who won his only Italy cap last year, has been linked with a number of clubs after he was relegated with Brescia last season term.
Serie A rivals Sampdoria and Fiorentina had both reportedly been chasing the former West Ham player, but Bologna confirmed his signature this evening.
"Bologna FC 1909 is able to communicate that we have have reached an agreement with Brescia Calcio for the transfer of Alessandro Diamanti on a co-ownership deal," a statement on the club's official website, www.bolognafc.it.
Barcelona winger Jeffren Suarez is on the verge of signing for Portuguese side Sporting Lisbon, the player's father and representative has confirmed.
The Spain Under-21 international has been heavily linked with a move away from the Nou Camp with a host of Spanish and foreign clubs interested in the player.
On Monday it was reported that Portuguese side Sporting had secured an agreement in principle to sign the player for a fee of around €5million. Barca supposedly inserted a buy-back option into the deal.
The player's father Efren Suarez appeared to reveal the news in a separate interview with a different media outlet, A BOLA.
"Things are going in a really nice direction; there are only a few details about the deal left," Suarez told A BOLA.
Jeffren made his debut for Barca in the Copa del Rey in the 2006/07 season but failed to cement his place in the side and has only managed a further 34 appearances since. The 23-year-old made 13 appearances for Barca in all competitions last season, netting only one goal.
Liverpool conceded another three goals as their latest pre-season friendly, against Norwegian side Valerenga ended in a 3-3 draw.
Following 3-0 defeats to both Championship side Hull City and Turkish Giants Galatasaray, the Reds at least got on the scoresheet and it was a much improved performance from Kenny Dalglish's side.
Dalglish named a full strength side featuring new signings Stewart Downing, Jordan Henderson and Charlie Adam and was rewarded by some dazzling attacking football.
But the defensive weakness remained and the visitors found themselves 2-0 down inside 20 minutes, Lars Strand scoring from close range on 14 and Fegor Ogude doubling their lead from the penalty spot (18) - with Glen Johnson guilty on both occasions.
Andy Carroll pulled a goal back after hooking home a Downing cross on 42nd minute and from that point on, Liverpool dominated.
Charlie Adam was a whisker away from scoring in a long-range equaliser just after the restart whilst Valeranga keeper Gudmund Taksdal Kongshavn pulled off a string of superb saves to keep his side ahead.
But Kongshavn was finally beaten on 83rd minute as Daniel Agger crashed in a header and the Denmark defender looked to have become an unlikely matchwinner when he volleyed in from close range five minutes later.
However, Liverpool were denied victory in the dying seconds as Mohammed Fellah equalised with a shot that seemed deceive a flat-footed Pepe Reina.
Manchester United have revealed winger Antonio Valencia has signed a new four-year contract with the Premier League champions.
Valenciahas been an prominent figure for the Red Devils since joining the club from Wigan Athletictwo years ago.
Though he missed a large part of last season through injury, the 25-year-old returned for the closing couple of months of the campaign to play a key role in United's record-breaking 19th title win.
Red Devils chief executive David Gill confirmed over the weekend that the Ecuador international had agreed an extension and the deal has now been signed.
Valencia, who has scored 10 goals in 69 appearances for United, is happy to have been rewarded with a new contract ahead of the 2011/12 season.
“I am delighted to stay at United," Valencia told the club's official website.
"Since my first day at Carrington, I have been happy here. I hope that I can continue to develop as a player.
"I am looking forward to making my contribution to helping this squad compete for more trophies."
United boss Sir Alex Ferguson added: "Antonio has made a fantastic contribution since his arrival. His speed, crossing ability and versatility have been a big asset for us.
"He has a quiet, unassuming way of going about his business, which is underlined by great strength of character as his recovery from such a bad injury last season proves."