Sports Illustrated compiles the latest transfer rumors and gossip from across the globe.
Premier League

Liverpool have reached out directly to Crystal Palace regarding midfielder Adam Wharton. Manchester United had previously shown interest in the England international, but now face stiff competition from their Premier League counterparts. (Source: Indykaila)
Arsenal are willing to part ways with midfielder Martín Zubimendi following the arrival of Bruno Guimarães. The Gunners have placed a €90 million ($104 million) asking price on the Spaniard. (Source: TEAMtalk)
Xabi Alonso holds Zubimendi in high regard from their shared time at Real Sociedad. Chelsea could pursue the midfielder should Enzo Fernández depart for Man City this summer. (Source: TEAMtalk)
The Cityzens have identified Fernández as their preferred replacement for Rodri, for whom Barcelona have tabled an improved offer of £51.3 million ($69.2 million) after their initial bid was turned down. (Source: The Times)
Meanwhile, the Blues are looking to move on several fringe players, including Tosin Adarabioyo. The center back has attracted interest from Benfica, where he could link up again with former Fulham manager Marco Silva. (Source: BBC Sport)
Galatasaray have lodged a formal €45 million ($51.9 million) offer for Arsenal winger Gabriel Martinelli. The Turkish side considers the Brazilian their number one transfer target. (Source: Florian Plettenberg)
Tottenham Hotspur have started laying the foundations to secure a deal for USMNT and Monaco striker Folarin Balogun. Spurs are reportedly prepared to spend €60 million ($69.1 million) on the 25-year-old. (Source: L'Equipe)
Inter continue to hold a strong interest in Liverpool midfielder Curtis Jones. The Italian club are hopeful of securing the Englishman for €35 million ($40.3 million), but only after Davide Frattesi's exit. (Source: Fabrizio Romano)
Aston Villa have turned their attention to West Ham United right back Aaron Wan-Bissaka. The 28-year-old is eager to move to Villa Park, although Fulham are also pursuing a season-long loan deal for the defender. (Source: Sky Sports)
The Villans have also reached a personal terms agreement with Bayern Munich midfielder João Palhinha. Club-to-club talks are expected to follow. (Source: Fabrizio Romano)
Crystal Palace lodged a £50 million ($67.5 million) bid for Monaco midfielder Lamine Camara, which the French club turned down. The rejection leaves the door ajar for Chelsea or United to act on their reported interest in the 22-year-old. (Source: Football Insider)
La Liga

Real Madrid have looked into the prospect of offloading Eduardo Camavinga this summer amid growing interest from United, though the midfielder is determined to remain at the Bernabéu regardless of any incoming offers. (Source: The Athletic)
Talks between Barcelona and Paris Saint-Germain over Ferran Torres are still ongoing. The forward had already reached a personal agreement with the French club. (Source: Florian Plettenberg)
Despite his desire to join Barcelona, Julián Alvarez will remain at Atlético Madrid this season following a constructive conversation with manager Diego Simeone. The striker's presence is more crucial than ever in the wake of Alexander Sørloth's injury. (Source: Fichajes)
Meanwhile, Los Rojiblancos are preparing to bring in Tottenham Hotspur center back Cristian Romero. Atlético Madrid have reached an agreement in principle with Spurs for the Argentine defender. (Source: Sky Sports)
Barcelona midfielder Marc Bernal remains part of Hansi Flick's plans even if Rodri arrives from Manchester City. The club will only entertain a loan move for the teenager if he himself requests it. (Source: AS)
Real Madrid are eager to sell injury-prone left back Ferland Mendy and center back Raúl Asencio this summer, though little headway has been made on either deal. (Source: AS)
In the wake of Ronald Araújo's departure, Barcelona have made an approach to Real Betis for center back Natan. The Catalan club are yet to put forward a formal bid. (Source: Fichajes)
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