Marca, the daily Spanish sports newspaper, is reporting that Real Madrid has accepted a £32.5 million bid for Robinho. The audacious bid by new Man City owners Abu Dhabi United Group was made at the last minute, and now we await whether Chelsea is willing to match or exceed the bid with less than 90 minutes remaining in the transfer window.

By the time the transfer window closes, it’s possible that Man City may have secured the transfer signings of Dimitar Berbatov, Robinho, Mario Gomez and David Villa.

Manchester City has increased its bid for David Villa, but according to Valencia, they have no interest in selling the player. Let’s see if that changes by 7pm ET/midnight UK time tonight.