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Real Madrid have rejected a £20m bid from Chelsea for 23-year-old playmaker Isco. Jose Mourinho would be willing to sell Oscar to fund a deal for the Spain international.
Raheem Sterling has told Brendan Rodgers he wishes to leave Anfield and that he does not want to be considered for Liverpool's pre-season tour of South East Asia and Australia.
Juventus have turned their attentions away from Oscar and are now keen to sign Mario Gotze as their new No. 10. The Bianconceri are hoping to take advantage of his current situation at Bayern.
Everton have joined Newcastle in the race to sign PSV midfielder Georginio Wijnaldum. The Toffees are set to make a move for the 24-year-old.
Leicester City want Guus Hiddink to succeed Nigel Pearson as manager. The Dutchman is available after resigning from his post as Netherlands coach last week.
Arsene Wenger would be interested in bringing Angel Di Maria to Arsenal. The Frenchman has twice tried to sign the Argentina international but his current wages of £280,000-a-week would prove a problem.
PSV Eindhoven want €20 million (£14m) for Georginio Wijnaldum and Newcastle United are willing to come near that asking price with the two clubs currently still in negotiations.
QPR have reservations over Ravel Morrison's character and have halted a move for the Lazio midfielder.
French side Bastia are weighing up a move for Arsenal midfielder Mathieu Flamini, who has slipped down the pecking order at the Emirates Stadium.
Sunderland have offered Dynamo Kiev £9m for striker Jeremain Lens after seeing an initial bid of £8m rebuffed,