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Paris Saint-Germain are planning a move for Lyon striker Alexandre Lacazette as they look to replace the departed Zlatan Ibrahimovic.
Mario Mandzukic is considering his future at Juventus following Gonzalo Higuain's arrival, and former club Wolfsburg are keen on bringing him back to Germany.
West Ham are closing in on a £16 million move for Swansea City forward Andre Ayew with the player set for contract talks.
Manchester United are planning a move for West Ham midfielder Dimitri Payet, though they are likely to face competition from Inter.
West Ham's hopes of signing Carlos Bacca from AC Milan have been given a boost after Paris Saint-Germain pulled out of the race to sign the forward.
Arsenal will seal a deal to sign Riyad Mahrez for around €44 million in the next few days after the Algerian decided to quit Leicester City.
Arsenal are in talks to sign Germany defender Shkodran Mustafi from Valencia. The Gunners are yet to make an offer but could capture the centre-back for £25.3 million plus £8.4m in add-ons.
Betting has been suspended on Robin van Persie's next club after Scottish Premiership side Rangers emerged as overwhelming favourites for his signature.
Real Madrid are not prepared to match Manchester United's offer for Paul Pogba, with the overall cost expected to be in the region of €125 million.
Everton are set to make a £14 million bid for Sunderland's Lamine Kone as they step up their plans to replace Manchester City-bound John Stones.