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Manchester United consider Athletic Bilbao's Aymeric Laporte to be the ideal partner for Chris Smalling at centre-back. The Red Devils are also interested in Raphael Varane and John Stones.
Manchester City want to make Dimitri Payet their first signing of the Pep Guardiola era and are prepared to bid £30 million to sign the 28-year-old from West Ham.
Chelsea star Eden Hazard is closing in on a move to Real Madrid, with talks at an advanced stage. Owner Roman Abramovich is disappointed with his poor performances this season and will cash in for a pultry €25 million (£20m).
West Ham's hopes of keeping Dimitri Payet at the club have taken a huge hit after an unnamed Chinese club made it known that they would pay up to £38 million to land the Frenchman, and will offer him £135,000 a week after tax.
Liverpool will make a £15.6 million bid for Real Madrid forward Jese Rodriguez this summer. Jese is out of favour at the Bernabeu and his departure could allow the Spanish giants to move for Eden Hazard.
Liverpool could tie up a deal to sign Schalke defender Joel Matip this summer as early as the end of this week.
Chelsea will reconsider whether or not to offer John Terry a new contract after centre-back Kurt Zouma was ruled out for six months with a knee injury.
Everton are close to a £200 million takeover following talks with an American consortium fronted by former San Diego Padres owner John Jay Moores.
Vedran Corluka turned down the chance to move to Bayern Munich on loan in January, because he feared he would be left in limbo when Pep Guardiola made the summer switch to Manchester City.
Andrey Arshavin is set to sign for Macedonian club Cardar Skopje having been released by Kuban Krasnodar in January.