The Spaniard has already been touted as a potential successor to Antonio Conte, whose future at Chelsea has come into question, while Arsenal are also beginning to plan for life after Arsene Wenger and see the 47-year-old as a candidate to take over at the Emirates Stadium.
Liverpool & Arsenal battle for Butland
Reds boss Jurgen Klopp has given up on Simon Mignolet and Loris Karius and wants to add new stopper in the summer, with Butland likely to be available for £40 million.
He will face stiff competition from the Gunners,though, who want the 24-year-old to replace Petr Cech.
Liverpool chasing Leon Bailey
However, the 20-year-old won't come cheap, with the report stating that Leverkusen want £100m for their prized asset.
Chelsea content with Conte this season
Chelsea are set to ride out the season with Antonio Conte in charge, reports The Telegraph.
The club don't want to sack their manager, but would prefer for him to leave this summer by mutual consent.
Conte's relationship with the club fractured at the end of last season and has not been repaired, with recent losses bringing about more speculation that the Italian would be canned.
Everton to dump Keane this summer
Sam Allardyce is willing to listen to offers even though his club will likely take a loss on the deal, with Keane's former club Burnley keeping tabs on the situation.
Mou rules out De Gea to Madrid
Manchester United manager Jose Mourinho insisted it made "no sense" for the Premier League giants to sell reported Real Madrid target David de Gea.
De Gea continues to be linked with a switch to the La Liga giants, having almost joined Madrid in mid-2015, but the Portuguese manager isn't willing to sell his top players.
City seal Fred deal
The Shakhtar Donetsk star will sign in the summer for £50 million.
City and United to battle for £50m Maguire
The 24-year-old joined the Foxes last summer from Hull City for £17 million, but they are now set to demand £50m for the England international.
Bayern eye Barca keeper Cillessen
The Netherlands international has made just nine appearances in all competitions this season, having been limited to featuring in the Copa del Rey while Marc-Andre ter Stegen lines up between the posts in La Liga and the Champions League.
Having shown an interest in him prior to his departure from Ajax, Bayern are once again considering a move for him but are said to face interest from the Premier League.
Wenger: Arsenal couldn't afford Evans
Arsene Wenger says Arsenal could not afford to buy Jonny Evans from West Bromwich Albion in January.
The Gunners appeared to be the frontrunners to sign the 30-year-old, though Manchester City were also interested.
But, having already decided to spend a club-record £55 million on Pierre-Emerick Aubameyang, Wenger says the north London side simply could not afford to pay what West Brom wanted while big-spending City were in the race.
Firmino planning long-term Liverpool stay
Roberto Firmino is yet to discuss a mooted new contract with Liverpool, but sees himself at Anfield “for years to come”.
Firmino’s form has sparked talk of fresh terms being tabled, but the Samba star is already working under a long-term contract and has learned through experience not to read too much into speculation.
Martinez's Real Madrid snub confirmed
Lautaro Martinez had the chance to join Real Madrid but has opted for a €27 million switch to Inter, the Racing striker’s agent has confirmed.
His exploits have attracted attention from across Europe, with leading sides having expressed an interest in acquiring his potential.
La Liga giants Real had hoped that their global standing would fire them to the front of the queue, but star-studded ranks have actually worked against them as Martinez has decided to seek more regular football in Italy.