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AC Milan striker Mario Balotelli wants £5m-a-year after tax in order to join Arsenal. The Italy international wants £100,000-a-week in wages and has a price tag of £16m.
Manchester United are willing to offer Ajax £17m for Netherlands international Daley Blind. Louis van Gaal is keen to bring the 24-year-old to Old Trafford particularly following the departures of Patrice Evra and Alexander Buttner.
Atletico Madrid midfielder Tiago Mendes is considering a move to Valencia ahead of a return to Chelsea.
Liverpool are considering a move for Real Madrid striker Karim Benzema but the France international would cost £40 million in addition to a £200,000-a-week salary.
Lekhwiya are keen on a move for Wilfried Bony. The Qatar-based club are now manager by former Swansea City boss Michael Laudrup.
Arsenal have agreed a €4 million [£3.1m] fee with Nice for David Ospina and the Colombia international is now expected to sign a five-year contract with Arsene Wenger's side.
Arsenal are no longer in the running to sign Real Madrid’s Sami Khedira but the club are still looking to sign a defensive midfielder this summer.
Tottenham manager Mauricio Pochettino is planning a double move for Southampton duo Morgan Schneiderlin and Jay Rodriguez.
Manchester United have agreed a £16 million deal with Borussia Dortmund for centre-back Mats Hummels. The Germany international scored twice to help his nation claim their fourth World Cup in Brazil earlier this summer.
Didier Drogba is considering a return to Chelsea on a one-year contract but the striker also has other offers.