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Cristiano Ronaldo wants out at Real Madrid; Donnarumma to Bernabeu?

The football world is awash with gossip! Transfer Talk is monitoring the whispers ahead of all the summer moves. Check out the latest deals and potential deals here.

TOP STORY: Ronaldo decides to quit Madrid

It was fun while it lasted, but could this be the end for Real Madrid and Cristiano Ronaldo?

Well, according to A Bola and Diario Record in Ronaldo's native Portugal as well as Spain's Marca, it could be.

The three news outlets report that the 32-year-old has made the irreversible decision to leave Madrid after eight successful years at the club, having expressed his outrage at the treatment he has received at the hands of Spain's state prosecutor, believing they are making an example of him.

Ronaldo has been accused of defrauding Spain's tax office of €14.7 million in unpaid taxes.

Madrid officials are now, understandably, desperately attempting to get Ronaldo to change his mind. Marca claims that the club expect to be able to calm the Portugal captain down and "ensure he reconsiders his position."

But with the news likely to put clubs such as Paris Saint-Germain and Manchester United on alert, will Madrid be able to hang on to their star man?

Real lead race for Donnarumma

Real Madrid are the main contenders to sign AC Milan goalkeeper Gianluigi Donnarumma, AS reports, and are prepared to offer a wage of €6 million annually and a long-term contract in order to land one of European football's biggest talents.

Los Blancos have long been linked with Manchester United's David De Gea and Thibaut Courtois of Chelsea, but the potential availability of the 18-year-old Donnarumma, a man touted as Gianluigi Buffon's heir to the Italy No. 1 spot, has attracted their interest.

However, Donnarumma leaving the San Siro is no guarantee at this point. Sources told ESPN FC's Gab Marcotti that Donnarumma was willing to accept an offer from Milan, but his agent Mino Raiola was insistent on the inclusion of a release clause thought to be around €40 million, while Milan would only accept a clause in the range of €100m.

Meanwhile, The Daily Mail claims that Courtois has resisted Chelsea's initial offers of a contract extension, which has given Madrid hope of signing the Belgium international. However, talks remain at an early stage and Chelsea are expected to table a revised offer.

Conte can't stand Chelsea's summer stance

There is tension at Chelsea, according to Gazzetta dello Sport, who report Antonio Conte is irritated by the club's inactivity in the transfer market.

Conte had wanted Chelsea to strengthen his squad in preparation for an assault on the Champions League and it is reported that, although it is early in the summer, things are uncertain with the Premier League champions.

Likewise, there is unease from the club's side for the way Conte handled Diego Costa's situation within the team and potentially put the club in a weak position to sell him for a good price.

Mbappe family meet with Monaco president

Kylian Mbappe and his parents met Monaco president Vadim Vasilyev on Thursday to discuss the striker's future, L'Equipe claims.

It has been widely reported that Real Madrid, Arsenal and Paris Saint-Germain are interested in the 18-year-old, but Ligue 1 champions Monaco would like to extend his contract, which currently runs until 2019.

Meanwhile, the London Evening Standard reckons Arsenal are weighing up a bid for Mbappe or Lyon's Alexandre Lacazette and could be willing to exchange Olivier Giroud in order to seal the deal.

It is reported that France international Giroud is happy with Arsenal but would consider moving on if he wasn't guaranteed regular game time with the World Cup looming.

Tap-ins

- Manchester United and Real Madrid are still locked in negotiations over the transfer of Alvaro Morata but, according to AS, the striker will earn €12m-a-season and sign a four-year deal to move to Old Trafford.

- Sevilla are interested in taking Arsenal striker Lucas Perez back to La Liga, the London Evening Standard claims. Perez signed for Arsenal less than a year ago, but after failing to force his way into the first-team picture at the club he is likely to return to Spain this summer.

- The Telegraph reckons Liverpool are hoping to raise at least £50m in sales this summer and are open to bids for Mamadou Sakho, Alberto Moreno and Lazar Markovic. Serbia winger Markovic is wanted by new Watford boss Marco Silva, who took him on loan to Hull last season, but Liverpool hope to recoup the majority of the £20m fee they paid Benfica in 2014.

- Liverpool, Tottenham and Everton all want to sign Lazio forward Keita Balde, but the Mirror claims the 22-year-old would prefer a move to Champions League finalists Juventus. Lazio could command a higher fee if they sell to a Premier League side and would also have the advantage of not strengthening a domestic rival.