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Sports Illustrated compiles the latest transfer rumors and gossip from across the globe.
Premier League
Manchester United are planning a double move for Real Madrid pair Aurélien Tchouaméni and Eduardo Camavinga for a combined fee of $172.7 million (£128.5 million, €150 million). This would subsequently speed up Madrid's chase for Rodri. (Source: El Nacional)
In their search for a Rodri replacement, Manchester City have reached a full verbal agreement with Lille midfielder Ayyoub Bouaddi. A fee is yet to be finalized, but a figure exceeding $115.1 million (£85.7 million, €100 million) will be needed. (Source: Florian Plettenberg)
Arsenal have now entered into formal, direct negotiations with Newcastle United over a deal for Bruno Guimarães. The club's opening bid of around $100.8 million (£75 million) was turned down. (Source: BBC Sport)
The Gunners have had more luck with their second offer. A deal believed to be moving swiftly toward a $108.2 million (£80.5 million) agreement is taking shape. At that price, Guimarães would become Arsenal's second-most expensive signing ever. (Source: Indykaila)
Despite departures seemingly being the priority, Xabi Alonso is still targeting one more high-profile addition: Porto goalkeeper Diogo Costa. The Portuguese international carries a $69.1 million (£51.4 million, €60 million) release clause that Chelsea are reportedly considering triggering. (Source: Mundo Deportivo)
Liverpool have initiated discussions over a potential move for Paris Saint-Germain center back Illia Zabarnyi. (Source: DAVE OCKOP)
Amid all the talk surrounding Julián Alvarez, Lamine Yamal's top priority at Barcelona is reportedly the signing of Tottenham Hotspur fullback Pedro Porro, with whom he built a strong partnership for Spain at the World Cup. (Source: El Nacional)
Nottingham Forest have emerged as an unexpected suitor for Manchester City midfielder Tijjani Reijnders this summer. Newcastle are also believed to be monitoring the situation. (Source: Fabrizio Romano)
Tottenham's search for a Richarlison replacement has turned their attention toward Chelsea striker Nicolas Jackson. The former Bayern Munich loanee carries a valuation of $87.3 million (£65 million). (Source: The Daily Mail)
Aston Villa are also reportedly keen on Jackson, though their recruitment ambitions in the Midlands extend beyond the attack. Unai Emery's squad have been connected with Atlético Madrid defender Matteo Ruggeri. (Source: MARCA)
Long-standing Manchester United target and Crystal Palace winger Ismaïla Sarr has also drawn interest from Turkish club Fenerbahçe, who have similarly been linked with Marcus Rashford. (Source: Foot Mercato)
PAOK's highly productive attacking midfielder Giannis Konstantelias has appeared on Chelsea's extensive radar. The Greek international is also attracting attention from Borussia Dortmund and Juventus. (Source: Gianluca Di Marzio)
La Liga
Should Real Madrid concede to Vinícius Júnior's contract demands, both Jude Bellingham and Arda Güler are expected to follow suit with their own renegotiation requests. (Source: El Nacional)
Chelsea are close to finalizing a permanent deal for Rayo Vallecano left back Pep Chavarría. The Marc Cucurella replacement is expected to set the Blues back $28.8 million (€25 million). (Source: The Athletic)
Ferran Torres's very open pursuit of PSG has reportedly "infuriated" Barcelona boss Hansi Flick and a number of the Spaniard's fellow players. (Source: El Nacional)
Barcelona are insisting on a minimum of $63.3 million (€55 million) from PSG for Torres. (Source: SPORT)
Real Madrid's promising youngster Thiago Pitarch remains uncertain about his future in the Spanish capital as José Mourinho continues to deliberate over his role. (Source: El Nacional)
Rest of World
A fresh report has dismissed claims that Inter Miami were pursuing Napoli playmaker Kevin De Bruyne. (Source: ESPN)
De Bruyne has instead been identified as a potential target for San Diego FC and Chicago Fire. (Source: Fichajes)
San Diego could create space in their attack through Hirving 'Chucky' Lozano's departure. The polarizing Designated Player is reportedly in advanced discussions over a loan switch to LA Galaxy after losing his standing in southern California. (Source: The Athletic)
Trabzonspor have eventually secured a deal to sign Mohamed Salah on a two-year contract, reportedly worth $19.6 million (€17 million) per season. (Source: Yağz Sabuncuoğlu)