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Arsenal's interest in signing Mario Balotelli may be revived after AC Milan proposed a player-plus-cash deal involving the enigmatic Italian and Joel Campbell. The Costa Rican is not assured of a first-team place with the Gunners next season.
Manchester United are monitoring Netherlands international Memphis Depay. The Red Devils could sign the forward from PSV Eindhoven but loan him out again for the first year of his contract.
Liverpool and Atletico Madrid are readying bids for Benfica's Nicolas Gaitan, even though the Argentine attacker is close to sealing a move to Monaco to replace James Rodriguez. Gaitain has a release clause of £35 million.
QPR have matched Dinamo Moscow's £5.5 million bid for Mathieu Valbuena. The France international rejected a move to the Russian side but, surplus to requirements under Marcelo Bielsa, could be tempted with a move to the Premier League.
Atletico Madrid are ready to move for Real Sociedad attacker Antoine Greizmann, with Tottenham and Monaco also interested in the France international. Atleti's frontline has been stripped in the off-season and they are in need of reinforcements.
Barcelona will battle Manchester United for Arsenal defender Thomas Vermaelen. The Catalans, unable to sign PSG's Marquinhos, have turned their attention to the Belgian as they seek centre-back cover, though he will cost around £12 million.
After a successful loan spell with West Brom last term, Marseille's Morgan Amalfitano could return to the Premier League this season. The Frenchman is attracting the interest of both Crystal Palace and Sunderland.
Real Madrid are continuing to monitor Monaco's Radamel Falcao following the departure of Alvaro Morata, and are looking into the possibility of a one-year loan with an option to buy at the end of the season. The loan would cost around £9.5m.
Belgium starlet Divock Origi's expected move to Liverpool could be off, with the Liga champions making a late swoop to sign the Lille forward after Diego Costa, Adrian and David Villa all left the club. The 19-year-old will cost around £10 million.
Atletico Madrid have joined Inter in the race to sign Manchester United striker Javier Hernandez. Diego Simeone is keen to sign the Mexican after losing David Villa and Diego Costa.