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Liverpool have entered the race with Tottenham to sign Southampton forward Jay Rodriguez.
Man Utd are close to signing Edinson Cavani. Angel Di Maria's move to PSG has been held up as the French side must sell before they can buy, and Cavani - not picked to model the club's new away kit - could be sold to facilitate Di Maria's arrival.
Liverpool defender Daniel Agger has agreed terms on a £12 million move to Barcelona. The Catalans, however, only see the Denmark international as a back-up option should they miss out on signing number one target Marquinhos of PSG.
Bayern Munich have joined the race to sign Angel Di Maria, but their swoop to sign the Argentine may be too late as he is set to join PSG. The French champions, though, must first raise funds to comply with FFP, opening the door for die Roten.
Having lost Toni Kroos to Real Madrid, Bayern Munich could seek revenge by poaching Sami Khedira. He is out of contract next summer and die Roten hope the lure of a bumper salary at the Allianz will tempt him to run down his current deal with Real.
Newcastle United are monitoring Clement Grenier at Lyon. The midfielder has missed a few training sessions with the club in recent weeks.
Chelsea have valued Romelu Lukaku at £30 million. Everton, Wolfsburg, Juventus and Real Madrid are all considering a move for the Belgium international.
Manchester United have revived their interest in Atletico Madrid centre-back Miranda after the Liga champions made it known they will listen to offers for the Brazilian. He is valued at £23 million.
AC Milan have emerged as surprise suitors for Newcastle United winger Hatem Ben Arfa. The Frenchman has just one year remaining on his contract at St James' Park and could be on his way to Serie A in a £12 million move.