Live Transfer Updates: 26th May

Liverpool's Philippe Coutinho is the perfect fit for Barcelona: Ronaldinho

Jokanovic didnt stay at Watford because he received a poor offer + not given the chance 2 negotiate. Clearly club was aiming somewhere else
— Guillem Balague (@GuillemBalague) May 26, 2015

Latest on Otamendi. Valencia president demand the €50m of his buy out clause. Player wants to go and will push to go to United #sagaAhead
— Guillem Balague (@GuillemBalague) May 26, 2015

Arsenal to bid for Real Madrid striker Karim Benzema. [Goal]

BREAKING: #afcb sign @pzpn_pl goalkeeper @ArturBoruc ahead of first @premierleague season: http://t.co/wE2i7YffcV pic.twitter.com/AYmlEnucf0
— AFC Bournemouth (@afcbournemouth) May 26, 2015

Neven Subotic agrees new Borussia Dortmund contract. [ESPN FC]

Southampton's Morgan Schneiderlin wants to join Arsenal, will reject a move to Tottenham. [Daily Star]

Brendan Rodger's job at Anfield is safe for now with Christian Benteke, James Milner and Danny Ings all potential summer signings. [Independent]

Rafael Benitez, 55, is favorite to land Real Madrid job after Carlo Ancelotti sack. [Guardian]

United must meet a £35m buy-out clause to land Valencia defender Nicolas Otamendi while Borussia Dortmund midfielder Ilkay Gundogan is also a target. [Daily Mail]

Javier Hernandez will return to Manchester United after Real Madrid rejected the chance to sign the striker. [Daily Express]

Paris Saint-Germain are ready to step up their interest in Angel Di Maria by offering right-back Gregory van der Wiel in a cash plus player deal. [Daily Express]

Manuel Pellegrini has been assured his job is safe at Manchester City. [Daily Mirror]

Yaya Toure will snub a move to Inter Milan and stay with Manchester City. [Sun]

Radamel Falcao is willing to take a pay cut to join Manchester United rivals Chelsea. [Daily Telegraph]