Top 5 Transfer Rumours of the Day: May 8

Here are today's transfer rumours in the media.

#1 Liverpool eye Chelsea\'s Ashley Cole

Chelsea left back Ashley Cole has emerged as a shock target for rivals Liverpool. Cole, who is out of contract this summer, was in tears at the end of Blues' final home against Norwich last week.

The 33-year-old is expected to leave Chelsea at the end of the season but could stay in the Premier League with Liverpool interested. A move to a foreign club could also be a favorable choice for the England International with MLS outfit LA Galaxy also keen.

Meanwhile, Chelsea want Sevilla's 21-year-old left back Alberto Moreno to replace the departing Ashley Cole from next season.