Afternoon Report: June 7

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Andros Townsend insists he wasn't punished by the FA because he bet on Tottenham finishing above Arsenal this season.

Towsend received a suspension and a fine for breaching gambling laws, and says he did it to alleviate boredom on the road.

Arsenal striker target Matej Vydra insists he won't return to Watofrd on loan next season, and says he is targeting Premier League action.

The Czech international has also been linked with a move to Tottenham.

Real Madrid have put together a 14 million euro contract offer for Cristiano Ronaldo to ward off interest from Chelsea and Manchester United, according to reports in Spain.

Ronaldo has two years left to run on his deal at the Bernabeu.

Barcelona have opted for Marc Andre Ter Stegen as Victor Valdes' long term replacement -  according to Mundo Deportivo.

The Mönchengladbach 'keeper could head to the Nou Camp this summer or in January.

And finally, Manchester City's new signing Fernandinho sacrificed £4 million owed to him by former club Shakhtar Donetsk in order to seal his move to the Premier League.

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