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Chelsea and Everton are both keen to bring Sporting midfielder William Carvalho to the Premier League after he impressed for Portugal at Euro 2016.
Arsenal have been told they will have to pay at least £40 million for Lyon striker Alexandre Lacazette after having a bid rejected for the forward.
Everton are set to pay Aston Villa midfielder Idrissa Gueye's £7.2 million release clause as they look to bolster their squad ahead of the new campaign.
Former Everton manager Roberto Martinez tops Hull City's managerial shortlist after impressing the club's hierarchy during his interview.
Stoke City forward Marko Arnautovic is set to reject Everton - who were willing to pay his £12.5 million release clause - and sign a new deal with the Potters.
Napoli are set to complete a €35 million move for Ajax striker Arkadiusz Milik as they look to replace the departed Gonzalo Higuain.
Fees to be paid to Mino Raiola are holding up Paul Pogba's move from Juventus to Manchester United, with the agent having cancelled the player's medical.
Roma have joined with Arsenal & West Ham in the race to sign Barcelona defender Thomas Vermaelen.
Barcelona are chasing AC Milan striker Carlos Bacca after moves for other targets broke down.
Napoli have offered €45 million for Inter Milan striker Mauro Icardi but Roberto Mancini's side are holding out for €70 million and will not negotiate for any less.