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Arsenal are preparing a £12 million offer for Chris Smalling but Manchester United manager Louis van Gaal will reject the bid.
Arsene Wenger is keen on a move for Marco Reus and has ordered scouts to monitor the Borussia Dortmund midfielder.
Chelsea boss Jose Mourinho is planning a bid for Valencia midfielder Andre Gomes.
Liverpool, Manchester United and Manchester City are monitoring Theo Walcott’s contract situation at Arsenal.
Liverpool are keeping tabs on Inter midfielder Mateo Kovacic.
West Ham and Newcastle are both targeting a summer move for Hull City forward Abel Hernandez.
Valencia are keen to keep Nicolas Otamendi and are planning to offer the 27-year-old, who has been linked with Manchester United, a new deal.
Barcelona veteran Xavi has signed a three-year deal with Qatari club Al Sadd. The Spanish midfielder will occupy the vacant place left by countryman Raul and has agreed an annual salary of around 10 million euros.
Chelsea are resigned to losing Petr Cech this summer and are looking to sign QPR goalkeeper Rob Green to play back-up to No.1 shot-stopper Thibaut Courtois. The veteran England keeper will likely cost less than £5 million.
Manchester United are in pole position to land Valencia centre-back Nicolas Otamendi. The Red Devils have held positive talks with the defender and can pay his £36.9 million release clause, while Atletico Madrid are also interested.