Live Transfer Updates: 30th May

Liverpool are reportedly lining up a bid to sign former defender Carl Medjani from Trabzonspor. [Talksport]

Arsenal manager Arsene Wenger says he has no intention of selling midfielder Jack Wilshere. [Guardian]

Inter Milan are ready to offer Chelsea's 27-year-old winger Juan Cuadrado a return to Serie A. [Daily Mirror]

Bayern Munich are not going to try to sign Liverpool winger Raheem Sterling this summer. [InsideFutbol]

Newcastle United have confirmed this evening that Ryan Taylor and Jonas Gutierrez have been released. More at http://t.co/6wuhjKS0XX
— Newcastle United FC (@NUFC) May 29, 2015

Carlo Ancelotti has held talks over a return to AC Milan. [The Sun]

Lukas Podolski is expected to have a medical with Galatasaray next week. [The Times]

Arsenal captain Mikel Arteta is willing to extend his contract at Emirates. [Goal]

Manchester United are set to announce the signing of 16-year-old French defender Dayot Upamecano. [Various]

Manchester United are favourites to seal the £21.3 million transfer of Sevilla striker Carlos Bacca. [Metro]

Liverpool have made a £10 million bid for Inter Milan and Croatia midfielder Mateo Kovacic. [ESPN FC]

Manchester United are no longer interested in Southampton defender Nathaniel Clyne. [ESPN FC]

Flamengo sign Peru striker Paolo Guerrero to three-year contract.

Juventus eyeing Chelsea midfielder Oscar in cut-price £9million move. [Mirror]