Transfer Rumours May 25, 2012: Manchester City, Manchester United, Tottenham, Arsenal

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MANCHESTER City are set to make another move to sign Barcelona star Dani Alves, 29. According to reports in Spain they have offered £12m and Aleksandar Kolarov – talkSPORT

Manchester City striker Mario Balotelli has reiterated his desire to stay at the club, playing down reports in the Italian press that he is to join AC Milan – Manchester Evening News

Manchester United are set to make an improved offer of £13m for Shinji Kagawa, 23, from Borussia Dortmund – Daily Mail

Tottenham are close to signing central defender Jan Vertonghen, 25, from Ajax for a fee of £9.6m – The Guardian

Arsenal are ready to open the bidding for Montpellier striker Olivier Giroud by offering £6.4m, plus Marouane Chamakh, for the 25-year-old – The Metro