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In a shock move, PSG are ready to sack Laurent Blanc and replace him with former Juventus boss Antonio Conte.
Barcelona forward Lionel Messi considered a move to Arsenal two months ago. The Argentine discussed a possible move to the Gunners with Cesc Fabregas in May as he is a big fan of Arsene Wenger.
Manchester City are monitoring Real Madrid starlet Isco's availability following the arrival of James Rodriguez from Monaco with manager Manuel Pellegrini keen on the 22-year-old.
Inter want to give head coach Walter Mazzarri another offensive option. They see Manchester City's Stevan Jovetic as their best choice.
Javier Pastore has struggled to make an impression under Laurent Blanc at PSG and could be sold to Atletico Madrid.
Estudiantes de La Plata attacker Joaquin Correa could sign for Monaco. The French club will offer €7.5 million for the 19-year-old.
Juventus are keen to take Chelsea striker Romelu Lukaku on loan following new signing Alvaro Morata's injury. The Serie A side can offer Champions League football which could put them ahead of Everton.
Newcastle want to take Arsenal's Serge Gnabry on a season-long loan. Alan Pardew's side have made an approach to the Gunners as they seek to strengthen their midfield.
Arsenal have joined Inter and Roma in the hunt for Manchester City defender Matija Nastasic. The Gunners will move for the centre-back if Thomas Vermaelen leaves for Manchester United.
Tottenham are set to be offered the chance to sign Douglas Costa from Shakhtar Donetsk with the midfielder unwilling to return to Ukraine due to the current crisis in the country.