Goal.com Transfer Talk is your 24/7 source for all the latest rumours in the global transfer market.
The LA Galaxy are set to replace departed goalkeeper Jaime Penedo by reacquiring Donovan Ricketts from Orlando City.
The New York Red Bulls are set to sign Argentine winger Gonzalo Veron as a designated player, according to Grant Wahl of SI.com and Fox Sports.
Real Madrid is back in the race for David de Gea after convincing Sergio Ramos to sign a new deal with the club. Los Blancos feel they can tempt the Manchester United No. 1 to Spain now.
Manchester City has joined Chelsea in the race to sign Everton star John Stones. The Toffees have rejected two bids from the champions for the center back and are said to want 30 million pounds ($47 million).
Arsenal has won the race for French starlet Ismael Bennacer. The Arles-Avignon midfielder looked set to sign for Manchester City earlier this summer but has been persuaded to join the Gunners on a five-year deal.
Leicester City is leading the hunt for Chile star Charles Aranguiz. The Foxes have offered 10 million pounds ($15.6 million) for the Internacional man, while Bayer Leverkusen is also interested.
Sergio Ramos is set to sign a new deal to stay at Real Madrid until the summer of 2020 amid interest from Manchester United. His wages will increase to around 9 million euros ($9.9 million) per year.
Liverpool is ready to battle Manchester United for Thomas Muller. Bayern Munich is adamant that the 25-year-old will not leave the Allianz Arena this summer, but that has not put either the Merseysiders or United off.
Besiktas has signed Mario Gomez. The fee that the Turkish Club has to pay for the Fiorentina striker will be 6 million euros. Gomez still has a contract through 2017, but couldn't fulfill the big expectations the Serie A club had for the German.
Manchester United could be willing to let Ashley Young leave the club if it receives a suitable offer. Tottenham and Aston Villa are keen on the winger, who is entering the final year of his contract.