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Real Madrid are desperate to sign Bayern Munich defender David Alaba and have offered €65 million in order to secure the Austria international's signature.
Italian champions Juventus are said to be preparing a 'double Hernandez' swoop, with Mexico striker Javier Chicharito Hernandez and Atletico Madrid defender Lucas Hernandez both on the Old Lady's wishlist.
Real Madrid are hoping to recoup €150 million by selling James Rodriguez and Alvaro Morata in order to fund moves for Zinedine Zidane's transfer targets.
Manchester City are hoping to land John Stones by offering £20 million plus Wilfried Bony - but the deal would depend on Romelu Lukaku being sold and Everton seeking a new striker.
Zlatan Ibrahimovic is set to complete his move to Manchester United by the end of the week, with the 34-year-old expected to a sign a one-year deal.
Leicester City are in pole position to sign Norwich City winger, and Ireland's Euro 2016 star, Robbie Brady for £12 million.
Barcelona will offer Tello and Halilovic in a bid to reduce Andre Gomes' €40 million release clause as they bid to sign the Portuguese midfielder from Valencia.
The Stamford Bridge side will trump Europe's elite to the signing of the Marseille striker, with the 22-year-old joining for a €40 million fee.
The FA will give Gareth Southgate interim manager status with the England first team until they can move for Arsene Wenger in 12 months' time, when his contract with Arsenal comes to an end.