Manchester United’s Spain midfielder Juan Mata, 32, is set to be offered a new one-year deal at the club.
Head of football Sebastian Kehl has admitted Borussia Dortmund may reach a point where they are unable to keep hold of 20-year-old Norway striker Erling Braut Haaland.
Haaland has overtaken Barcelona’s Argentine striker Lionel Messi, 33, as Manchester City’s top transfer target despite manager Pep Guardiola saying the club are unlikely to buy a replacement for Messi’s departing compatriot Sergio Aguero, 32.
Haaland is believed to want to move to Real Madrid but the Spanish side will not make an offer for the player and will wait for him to make the first move and signal his departure from Dortmund.
Arsenal may have to consider selling young stars such as England winger Bukayo Saka, 19, to raise the funds to sign Real Madrid’s Norway midfielder Martin Odegaard, 22, permanently, as well as other new players to overhaul the squad.
Manchester United will have to hand top earner David de Gea a huge pay-off with the 30-year-old Spanish goalkeeper set to leave Old Trafford in the summer.
Paris St-Germain and Argentina striker Mauro Icardi, 28 is emerging as a target for Manchester United as a long-term replacement for Uruguayan Edinson Cavani, 34.
Everton are interested in signing Juventus and Argentina forward Paulo Dybala but the 27-year-old will turn down any approach from the Toffees.
Atletico Madrid are keen to sign Tottenham and England midfielder Harry Winks, 25, who has been struggling for playing time under Jose Mourinho.
West Ham manager David Moyes is not concerned that the current loan deal for Manchester United and England midfielder Jesse Lingard, 28, does not include an option to buy.
Former Chelsea and England captain John Terry, who is part of the backroom team at Aston Villa, has emerged as a contender for the vacant Sheffield United manager’s job.
Wolves are eyeing a £15m move for Sheffield United and Scotland striker Oli McBurnie, 24.
Manchester City are interested in FC Groningen’s Swedish left-back Gabriel Gudmundsson, 21.
Manchester United are exploring the possibility of signing 18-year-old Portuguese defender Nuno Mendes from Sporting Lisbon and could offer 28-year-old Brazilian Alex Telles in return
Barcelona are considering a summer move for Real Betis’ France international Nabil Fekir but the 27-year-old has also been linked with Arsenal.
Juventus’ French midfielder Adrien Rabiot, 26, who has been linked with Everton, could also be a target for Barcelona.
Eintracht Frankfurt’s Dutch defender Jetro Willems, 27, and Crystal Palace’s English winger Andros Townsend, 29, could be returning to Newcastle this summer.
Eddie Howe will look to bring in Bournemouth captain Steve Cook, 29, if he is named Celtic boss.