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Sports Illustrated compiles the latest transfer rumors and gossip from across the globe.
Premier League
With José Mourinho's appointment as manager now confirmed, Real Madrid are reportedly targeting Arsenal's Riccardo Calafiori and Manchester City center back Joško Gvardiol to strengthen a vulnerable defensive line. (Source: The Athletic)
Arsenal have moved swiftly to dismiss any suggestion of selling Calafiori. Manchester City's hold on Gvardiol, however, may prove less secure. (Source: TEAMtalk)
Liverpool have revived their pursuit of Inter center back Alessandro Bastoni, who carries a price tag of up to €70 million (£60.4 million, $80.8 million). (Source: Fichajes)
Inter, responding to outside interest—which also includes Barcelona—are in talks with Bastoni regarding a new deal that would feature a significant pay rise. (Source: FCInter1908)
If Manchester City want to land Nottingham Forest's Elliot Anderson, they will need to spend $173.8 million (£130 million), a figure that would eclipse Alexander Isak's Premier League transfer record. (Source: TEAMtalk)
Manchester United's ceiling for Anderson stands at $107 million (£80 million), effectively eliminating the Red Devils from the running. (Source: Indykaila)
Rather than pursuing Anderson, Manchester United have turned their attention to West Ham United's Mateus Fernandes. Preliminary discussions have begun for a player coveted by both Arsenal and Real Madrid, with a valuation of $112.3 million (£84 million). (Source: Ben Jacobs)
United are also expected to make a move for Lens midfielder Mamdou Sangaré, with a bid exceeding $46.2 million (£34.5 million, €40 million) reportedly being prepared. (Source: Sébastien Denis)
Alongside a midfield overhaul, Manchester United are also looking to bring in a third-choice goalkeeper during the summer window. (Source: Sky Sports News)
Despite reports suggesting otherwise, Roberto De Zerbi is determined to retain Pedro Porro at Tottenham Hotspur. (Source: Fabrizio Romano)
As Arsenal weigh up the potential sales of Gabriel Martinelli and Leandro Trossard, they are reportedly giving serious thought to an unexpected move for Manchester United's Marcus Rashford. (Source: Fichajes)
Both Arsenal and Manchester United could be outbid by Galatasaray in the race for AC Milan's unsettled forward Rafael Leão. The Turkish title holders are reportedly willing to offer the Portuguese star $11.5 million (£8.6 million, €10 million) annually over a four-year contract. (Source: Nicolò Schira)
La Liga
Paris Saint-Germain are preparing an offer that could reach €180 million for Bayern Munich star and Real Madrid target Michael Olise. (Source: Fichajes)
While new arrivals are a key priority, Mourinho has also identified five first-team players he wants to offload from Real Madrid. Forwards Gonzalo García, Franco Mastantuono and Brahim Díaz are expected to be joined by Eduardo Camavinga and Fran García on the exit list. (Source: Cadena SER)
Speculation has also emerged that Endrick could be on the move this summer. Remarkably, his close relationship with Raphinha has fueled talk of a shock transfer directly from Real Madrid to Barcelona. (Source: El Nacional)
Should Atletico Madrid hold firm on their high asking price for Julián Alvarez, Barcelona are reportedly ready to switch their focus to Chelsea striker João Pedro, who has reportedly "already agreed" personal terms with the Catalan club. (Source: AS)
Newcastle United had both the financial means and the desire to top Real Madrid's salary offer for Bernardo Silva, yet the ex-Manchester City midfielder has chosen the Spanish club regardless. (Source: Indykaila)
Ez Abde's injury has not only dashed his World Cup hopes but may also have scuppered a potential move to Newcastle this summer. It also represents a setback for Barcelona, who were in line to receive 20% of any transfer fee Real Betis could negotiate. (Source: El Nacional)