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Sports Illustrated compiles the latest transfer rumors and gossip from across the globe.
Premier League
Liverpool's reported bid of $197.8 million (£148.3 million, €170 million) for Michael Olise as a potential successor to Mohamed Salah is so staggering that Bayern Munich are reportedly open to entertaining the offer for a player previously considered off-limits. (Source: Fichajes)
Arsenal and Manchester United have been told that acquiring Sandro Tonali from Newcastle United this summer will require a fee of £106.7 million (£80 million). (Source: Football Insider)
Juventus' ambition to land Bernardo Silva on a free transfer depends heavily on their Champions League qualification. The departing Manchester City skipper is likely to look elsewhere if Juve fail to secure a top-four finish in Serie A. (Source: Calciomercato)
Both AC Milan and Juventus have been connected with Arsenal forward Gabriel Jesus, who is reportedly available for $40 million (£30 million) this summer. (Source: CaughtOffside)
Manchester United are among several clubs that have made "discreet enquiries" regarding Nottingham Forest fullback Neco Williams. Aston Villa, Newcastle and Everton are also believed to have shown interest in the player, whom Forest are keen to retain at the City Ground. (Source: BBC Sport)
Manchester City center back Joško Gvardiol has been put forward to Real Madrid by his representatives, who are seeking a new club for their client amid growing concerns over Pep Guardiola's future at the Etihad. (Source: AS)
In response to this approach, Real Madrid are reportedly prepared to offer $81.4 million (£61.1 million, €70 million) for Gvardiol. (Source: Fichajes)
Xabi Alonso's first priority as Chelsea manager in the transfer market will be experienced recruits. The Spanish tactician is expected to push for the "readymade" signing of Sunderland's Robin Roefs as part of a summer overhaul. (Source: The Sun)
Alonso's Chelsea are also reportedly keen on AC Milan goalkeeper Mike Maignan, who has been a long-standing target at Stamford Bridge. (Source: Gazzetta dello Sport)
Alisson's future rests with Liverpool. If the Reds choose not to sell the club's most expensive goalkeeper before his deal runs out in 2027, he will accept the situation. However, should he be shown the door at Anfield, Juventus appears to be his most probable next destination regardless of their European standing. (Source: Calciomercato)
Teun Koopmeiners could be heading in the opposite direction. Juventus have set a modest asking price of $34.9 million (£26.2 million, €30 million) for a player reportedly "dreaming" of a switch to Liverpool. Roma, managed by Koopmeiners's former Atalanta coach Gian Piero Gasperini, are also considered a possible landing spot. (Source: Tuttosport)
To offset a wave of attacking departures, Newcastle are reportedly targeting West Ham United captain Jarrod Bowen ahead of the summer window. (Source: Football Insider)
Tottenham Hotspur midfielder Conor Gallagher has emerged as a summer target for Everton. (Source: The Sun)
La Liga
Overlooked Real Madrid midfielder Eduardo Camavinga has attracted attention from Bundesliga club Borussia Dortmund. The Spanish giants are reportedly adamant that the French international is "not for sale." (Source: Ramón Álvarez de Mon)
History may be on the verge of repeating itself for Barcelona as Atlético Madrid circle the soon-to-be-departing Robert Lewandowski. The impending free agent could follow in the footsteps of Luis Suárez, David Villa and Antoine Griezmann by making the move from Catalonia to Los Colchoneros — a pattern that has historically benefited Atlético at Barcelona's expense. (Source: Fichajes)
If money is the deciding factor for Lewandowski, Atlético may not be in the running. Saudi Pro League club Al Hilal are said to have tabled a jaw-dropping salary offer of $104.7 million (€90 million) per season in a bid to lure the veteran striker. (Source: Tuttosport)
Newly promoted Spanish club Racing Santander have expressed interest in Real Madrid academy prospect Thiago Pitarch. (Source: Fichajes)
Barcelona's pursuit of Alessandro Bastoni has hit a wall due to a "significant gap" in valuation between Inter and the Spanish champions. (Source: Fabrizio Romano)
Barcelona could sign Denzel Dumfries without any fee negotiations, as he is believed to have a $29.1 million (€25 million) release clause in his Inter contract. Whether the Catalan club will act on this option remains to be seen. (Source: Fichajes)