Arsenal could raise funds for their £100m pursuit of Declan Rice by offloading young striker Folarin Balogun, who is wanted by RB Leipzig. (Metro)
The Gunners are also looking to add Eintracht Frankfurt forward Jesper Lindstrom to their squad despite rival interest from Tottenham.
Manchester United are looking to add a new right-back to their squad this summer and are in talks with Bayer Leverkusen's Jeremie Frimpong. (MEN)
The signing of a new right-back could lead to Manchester United selling their other options in that area, with Diogo Dalot wanted by Barcelona, Atletico Madrid, Milan and Juventus in recent months. (MEN)
Manchester City midfielder Ilkay Gundogan has admitted he will only sign a new contract to stay in England if feels his body is up for the challenge. Barcelona are looking to bring in the German on a free transfer. (The Times)
Chelsea are willing to offer Mason Mount as a makeweight in order to sign Nicolo Barella from Inter. (Calciomercatoweb)
Liverpool do not view Wolves' Matheus Nunes as a priority target, with the Reds looking to add other midfielders to their ranks this summer. (Fabrizio Romano)
Real Madrid are set to announce that Karim Benzema has signed a new contract at the Santiago Bernabeu. (Daily Mirror)
Toni Kroos is also expected to sign a new deal with Real Madrid amid fears he could retire from football. (Daily Mail)
Chelsea want to sign Gregor Kobel from Borussia Dortmund and are willing to sell both Kepa Arrizabalaga and Edouard Mendy in order to fund such a move. (BILD)