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Newcastle will rival Tottenham for Marseille's Florian Thauvin and have made a move for the youngster. The French side want £15m for the midfielder who is keen on a move to White Hart Lane.
Arsenal are set to enquire about Chelsea's Petr Cech. The Gunners think the goalkeeper would be happy to move to north London should the Blues sanction a deal.
Bayern Munich have joined the race to sign Gareth Bale from Real Madrid. Manchester United, City and Chelsea all want the Welshman but Bale could be tempted to play under Pep Guardiola.
Manchester City and Chelsea will have to pay a British record transfer fee to sign Paul Pogba. PSG have offered £60m for the Juventus midfielder with Juve hoping to drive the price up to £75m.
Liverpool are to offer Martin Skrtel a three-year contract extension. The Reds are keen to keep hold of the defender despite interest from Napoli and Wolfsburg.
Manchester City are confident of signing Raheem Sterling for £55m this summer on a deal worth upto £200,000-a-week.
Newcastle are set to offer Steve McClaren the chance to be manager after Derby missed out on a place in the Championship play-offs.
Schalke has targeted Stuttgart's Austrian striker Martin Harnik who would not go down with his club if Stuttgart is relegated. The Swabians would not be able to pay his salary in the second Bundesliga.
Manchester United have made a decision on Radamel Falcao and will not make the Colombian's loan move permanent. Instead, the Red Devils are hoping to snap up Burnley striker Danny Ings for a compensation fee of £5 million.
Liverpool will not sell Raheem Sterling under any circumstances this summer and will allow the winger's contract to run down rather than accept a bid from Arsenal or Manchester City, who lead the race for his signature.