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Sports Illustrated compiles the latest transfer rumors and gossip from across the globe.
Premier League
Arsenal are in advanced negotiations with Newcastle United over a deal to acquire midfielder Bruno Guimarães, having made progress on a verbal agreement valued at over $100 million (£75 million). (Source: talkSPORT)
However, Arsenal boss Mikel Arteta has no interest in signing Vinícius Júnior due to concerns about the Real Madrid winger's limited defensive work rate. He is instead targeting Athletic Club's Nico Williams, who is reportedly keen on the switch. (Source: El Nacional)
Liverpool have submitted an opening bid of $137 million (€120 million, £103 million) to secure Paris Saint-Germain winger Bradley Barcola. (Source: Achille Ash)
Barcola has already provided a verbal commitment to Liverpool following direct contact with manager Andoni Iraola. (Source: L'Équipe)
Liverpool's pursuit of a new winger signals that Dutch international Cody Gakpo will depart this summer, with Fenerbahçe having already submitted an offer. (Source: Fanatik)
Manchester United are nearing an agreement to send striker Joshua Zirkzee to Juventus on loan, with a purchase option included worth $40 million (£30 million). (Source: The Sun)
Chelsea striker Liam Delap has been offered to Man Utd, but the Red Devils have chosen not to revive their interest in the Englishman. Everton are now leading the race, with Leeds United and Newcastle also in contention. (Source: TEAMtalk)
Manchester City have pinpointed Barcelona midfielder Marc Bernal as their ideal long-term successor to Rodri, with both Arsenal and Chelsea also known to be admirers of the 19-year-old. (Source: CaughtOffside)
Bayer Leverkusen winger Kerim Alajbegović has given the green light to a move to Chelsea, who are continuing to work on finalizing the transfer. (Source: La Repubblica)
Despite requiring a new center back, Liverpool have no intention of activating a buy-back clause for Leverkusen's Jarell Quansah. (Source: BBC Sport)
Liverpool regard a new center back as a top priority and have entered discussions with AC Milan regarding Fikayo Tomori. (Source: James Wathland)
Both Liverpool and Tottenham Hotspur have seen bids rejected for Atlético Madrid left back Matteo Ruggeri. (Source: Tuttomercatoweb)
Tottenham defender Cristian Romero held talks with Lautaro Martínez during the World Cup about a potential move to Inter, who are working on a package valued at up to $45.5 million (€40 million, £34 million). (Source: Gazzetta dello Sport)
Liverpool are prepared to pay $57 million (€50 million, £43 million) for Real Madrid striker Endrick, with the Spanish club open to a sale following their agreement to sign RB Leipzig winger Yan Diomande. (Source: Fichajes)
Man Utd are weighing up a move for Bournemouth midfielder Tyler Adams. (Source: talkSPORT)
Aston Villa, Burnley and Fulham are all monitoring Sporting CP winger Geny Catamo. (Source: O JOGO)
La Liga
Atlético Madrid are keen to bring in Chelsea midfielder Enzo Fernández but must offload players first to generate the funds required for a deal worth $136.5 million (€120 million, £103 million). (Source: Fichajes)
Real Madrid are reluctant to let Vinícius Júnior walk away for free when his contract expires next summer and are weighing up an extension primarily aimed at boosting his market value ahead of a future sale. (Source: Defensa Central)
Barcelona looked into signing RB Leipzig winger Yan Diomande earlier this year but quickly pulled out upon discovering the asking price. The Côte d'Ivoire international is now set to join Real Madrid. (Source: Mundo Deportivo)
Likewise, Barcelona have dropped their pursuit of Eli Junior Kroupi from Bournemouth due to prohibitive financial demands. (Source: Fabrizio Romano)
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PSG are looking to disrupt Real Madrid's pursuit of Man City midfielder Rodri by leveraging their financial power to outbid the Spanish club, with hopes of completing a deal at the earliest opportunity. (Source: El Nacional)
Dušan Vlahović, now a free agent following his Juventus departure, continues to stall on his next destination in anticipation of interest from Barcelona. Turkish club Beşiktaş are becoming increasingly impatient with his reluctance to commit. (Source: MARCA)