Updated 1:49pm 1 April 2012

Liverpool FC rumour mill: Jesus signs; Keirrison deal collapses; Mascherano pressure from Laporta; Blues' Pennant link; Arbeloa price row

Everton Pennant link

Reports over the weekend have seen Jermaine Pennant linked with a shock move to Everton Football Club.

The 26-year-old spent the second half of last season on loan at Portsmouth, but the Fratton Park club have decided against taking the winger on a permanent basis.

Pennant is available on a Bosman free transfer when his contract at Liverpool expires this summer.

Arbeloa price row

Real Madrid are hoping to land Liverpool fullback Alvaro Arbeloa on the cheap.

It's been claimed Reds boss Rafa Benitez is ready to sell Arbeloa for £8 million.

However, AS says Real won't go higher than £3 million for the Spain international.

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