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Real Madrid are set to revive their interest in Radamel Falcao and could take him on loan for a year for a fee of €12 million. Monaco want €45m for the Colombian and will include an option to buy worth €33m.
Angel Di Maria's future is expected to be decided within a few days and the Argentina international will choose between Manchester United and Paris Saint-Germain. Real Madrid will accept any offers between €50 million and €60m [£39.5m - £47.4m].
Barcelona will battle Manchester United for Arsenal defender Thomas Vermaelen. The Catalans, unable to sign PSG's Marquinhos, have turned their attention to the Belgian as they seek centre-back cover, though he will cost around €15 million.
Kurt Zouma is set to stay at Chelsea this season despite being linked with a loan move this summer.
Raphael Varane remains on Chelsea’s radar and the defender is currently in talks with Real Madrid about his future.
Liverpool are on the edge of completing a £20 million deal for Southampton centre-back Dejan Lovren. The Croatia international will complete a medical in Merseyside on Saturday.
Edinson Cavani is keen to leave Paris Saint-Germain this summer, while Manchester United remain in contention for the Uruguay international’s signature.
Liverpool and Atletico Madrid are readying bids for Benfica's Nicolas Gaitan, even though the Argentine attacker is close to sealing a move to Monaco to replace James Rodriguez. Gaitan has a release clause of €45 million.
QPR have matched Dinamo Moscow's €7 million bid for Mathieu Valbuena. The France international rejected a move to the Russian side but, surplus to requirements under Marcelo Bielsa, could be tempted with a move to the Premier League.
Atletico Madrid are ready to move for Real Sociedad attacker Antoine Griezmann, with Tottenham and Monaco also interested in the France international. Atleti's frontline has been stripped in the off-season and they are in need of reinforcements.