Burnley chairman makes worrying cash admission as Premier League rivals eye mega deals - transfer gossip

The football season is on hold for the time being, and recent reports suggest the restart date is likely to be postponed further.

All the latest transfer news and gossip from around the web
All the latest transfer news and gossip from around the web

The COVID-19 pandemic continues to cause widespread disruption across the world. Meanwhile, Burnley players are staying focused and working tirelessly to stay fit behind closed doors, as they aim to power on with their push for promotion once football returns. For now, here's all the latest news and transfer rumours from the Premier League...

Simply scroll down to view the latest gossip.

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Bournemouth are prepared to sell Norway international forward Joshua King and highly-rated strike partner Callum Wilson. (The Sun)

Leicester and ex-Newcastle United forward Islam Slimani is being linked with a move to Sporting Lisbon after failing to make an impression with the Foxes. (Leicester Mercury)

Leicester are interested in signing Fenerbahce defender Hasan Ali Kaldırım but will face competition from giants Galatasaray. (Hurriyet)

Arsenal could attempt to sign Manchester United England midfielder Jesse Lingard, if the loan move of midfielder Dani Ceballos to the Gunners from Real Madrid is not made permanent. (The Athletic)

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Everton's English defender Jonjoe Kenny wants to stay at Schalke next season after enjoying his loan spell in the Bundesliga. (Bild)

Newcastle will attempt to sign French Lille midfielder Boubakary Soumare again this summer after showing interest in January. (Sport)

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Burnley chairman Mike Garlick has claimed the club will go bust by August if the Premier League season is cancelled because of the coronavirus outbreak. (Various)

He said: "The fact of the matter is, if we don't finish the season and there isn't a clear start date for next season, we, as a club, will run out of money by August," he revealed.

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"That is a fact. I can't speak for other clubs, I don't know their financial positions. All I can speak for us our club and our position.

"That's why we're very determined that when of course it is safe to do so, we really want to finish this season."

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West Ham have joined the race to sign Freiburg sensation and Leeds linked Robin Koch in the summer transfer window. David Moyes wants to add fresh young talent to his ranks during the summer and has earmarked the 23-year-old German international as a potential option. (Daily Star)

Hull City's hopes of keeping Everton's Matthew Pennington at the club beyond his loan spell look to have been boosted, with the 25-year-old revealing he's eager to secure a permanent move away from the Toffees. (Liverpool Echo)

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England manager Gareth Southgate has agreed to a 30% pay cut to his wage amidst the COVID-19 outbreak. (Sky Sports).

Borussia Dortmund's 20-year-old star Jadon Sancho's refusal to sign for Chelsea this summer could facilitate Barcelona and ex-Liverpool playmaker Philippe Coutinho moving to Stamford Bridge. (Sport)

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Arsenal are confident of agreeing a deal to sign Bournemouth’s 26-year-old winger Ryan Fraser when his contract expires in the summer. (Teamtalk)