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Arsenal have made an offer to teenage Santos striker Gabigol, though no official agreement has been reached with the club or the player.
Barcelona are working to complete a £16 million move to bring Manchester United full-back Matteo Darmian to Camp Nou this summer.
Despite having two bids rejected, Chelsea have not given up hope of signing Roma midfielder Radja Nainggolan and will make a third offer for the Belgium international.
AC Milan are set to sell a controlling share of the club to Chinese investors, with the new finances available set to be used to sign Everton striker Romelu Lukaku.
Inter are set to make yet another move to sign Manchester City midfielder Yaya Toure, with the San Siro outfit willing to offer the player a three-year contract.
Leicester City have opened discussions with Robbie Brady's representatives as they look to bring the Norwich City winger to the King Power Stadium.
Borussia Dortmund have sent representatives to meet with Manchester United in order to wrap up a deal for midfielder Henrik Mkhitaryan.