Alexander-Arnold Eyes Shock Premier League Comeback as Yamal's Rise Pushes Barcelona Star Toward Exit

Sports Illustrated compiles the most recent transfer speculation and reports from across the globe.
Premier League

In an unexpected turn of events, Trent Alexander-Arnold has reportedly already lost favor at Real Madrid. With Dani Carvajal anticipated to continue as the club's first-choice right-back, Manchester City are believed to be keeping tabs on the situation ahead of a possible move for the England defender. (Source: CaughtOffside)
Manchester United have backed away from pursuing Stuttgart midfielder Angelo Stiller this summer. The German defensive midfielder is also being tracked by Real Madrid. (Source: GIVEMESPORT)
Bayern Munich have reportedly threatened to disrupt Chelsea's pursuit of RB Leipzig attacking midfielder Xavi Simons, with negotiations believed to be far from finalized. (Source: Bild)
Tottenham Hotspur have also been suggested as potential suitors for Simons as Chelsea face the possibility of losing out on the Dutch creative midfielder entirely. (Source: The Telegraph)
Recently promoted Leeds United have been linked with interest in unsettled Man Utd midfielder Kobbie Mainoo. Chelsea and Tottenham have previously been associated with the 20-year-old midfielder. (Source: CaughtOffside)
Crystal Palace have initiated talks with Arsenal regarding a £15 million ($20.2 million) transfer for Reiss Nelson. (Source: The Sun)
The Eagles have also approached Liverpool about the possibility of acquiring Harvey Elliott as a potential replacement for Eberechi Eze. (Source: Football Insider)
Paris Saint-Germain forward Randal Kolo Muani has turned down a loan proposal from Manchester United. (Source: CaughtOffside)
Dissatisfied with summer signing Mads Hermansen's displays, West Ham United have renewed their interest in Botafogo goalkeeper John Victor, who has been consistently linked with Man Utd. (Source talkSPORT)
La Liga

Real Madrid have turned down an offer for Aurélien Tchouaméni from an undisclosed Premier League club and maintained that the French midfielder is unavailable for anything below €200 million ($232.9 million). (Source: Defensa Central)
Marseille's agreement for Real Madrid midfielder Dani Ceballos has collapsed. (Source: Fabrizio Romano)
Lamine Yamal is reportedly influencing Barcelona's decision to approve Fermín López's transfer to Chelsea after supporting Gavi in the personal dispute between the two Spain internationals. (Source: El Chiringuito)
López, who was previously reluctant to leave his childhood club, is now reportedly willing to consider a move to Chelsea. (Source: Marca)
Barcelona have compiled a three-player list of left-footed center backs to pursue this summer in a late attempt to replace the departing Iñigo Martínez. Sporting CP's Gonçalo Inácio, Nottingham Forest defender Murillo and RB Leipzig's Castello Lukeba comprise the trio of potential signings. (Source: Fichajes)