Date: 13 May 2017 04:03
Goal takes a look at the biggest transfer stories from the Premier League, La Liga, Serie A and beyond ahead of the opening of the summer window
Bayern Munich are ready to spend €120 million to capture Marco Verratti and Alexis Sanchez this summer, Bild reports.
The Italian midfielder has been coveted by Barcelona, but his relationship with Bayern boss Carlo Ancelotti is expected to give the Bavarian side a boost as they make a €60m move for him.
Meanwhile, the ambitions of Alexis and Bayern are said to be of the same level, and another €60m offer could land the Arsenal star.
Manchester United have a deal in place to sign wantaway Real Madrid midfielder James Rodriguez in the summer, according to a report from RCN Radio.
The Colombia international reportedly has grown increasingly frustrated with his limited game time in the Spanish capital under Real boss Zinedine Zidane and is ready to force a move away in the summer.
James and agent Jorge Mendes are said to have held talks with Real president Florentino Perez this week, where the pair told the Blancos chief a deal is in place for the 25-year-old to make a switch to Old Trafford.
Jurgen Klopp is closing in on a deal to land £26 million Brazilian star Luan, who is dubbed the 'new Ronaldinho', according to the Mirror.
Liverpool are said to be long-term admirers of the 24-year-old Gremio forward and held talks with the player's representatives in London last month.
Luan, who has recently rejected a new deal at his current club, was at the forefront of the Brazilian national team's success in the Olympics alongside Barcelona star Neymar.
Atletico Madrid are pondering a summer move for Leicester striker Jamie Vardy, Sky Sports reports.
For the deal to come off, however, Diego Simeone reportedly will have to remain in charge at Vicente Calderon, while the Spanish side's appeal to CAS against a transfer ban must be successful.
Manchester City are competing with their local rivals Manchester United for the signature of Real Madrid star James Rodriguez, according to okdiario.com .
Jose Mourinho is keen to add the Colombia international to his Red Devils squad, but Pep Guardiola is also an admirer, with City said to have matched United's reported €80 million bid.
Chelsea are among a host of to European clubs chasing the signature of Hamburg youngster Jann-Fiete Arp, according to Bild .
The Germany Under-17 captain has been turning heads with his performances at international level, bagging two hat-tricks for his country at the UEFA U-17 Championship in Croatia.
The Blues face stiff competition for the teenager's signature, though, with Borussia Dortmund and Champions League finalists Juventus also keen.
Arsenal are ready to bid for Chelsea and Manchester United target Alvaro Morata this summer, according to a report in The Sun .
The Real Madrid striker has grown frustrated at a lack of first-team opportunities in Spain and is looking to leave, with Antonio Conte's Blues leading the chase.
However, Arsene Wenger is willing to sanction a £50m bid as he prepares for the possibility of having to replace Alexis Sanchez, who looks increasingly likely to leave the club.
Chelsea and Tottenham are set to go head-to-head to sign Bournemouth defender Adam Smith, according to The Sun .
Smith began his career at Spurs and the club are considering a bid to re-sign him as a possible replacement for Kyle Walker, who has been heavily linked with Manchester City.
The Blues, meanwhile, are understood to have scouted the 26-year-old in the 2-2 draw with Stoke, and will watch him again when the Cherries face Burnley.
Barcelona are considering a move to bring Oriol Romeu back to the club from Southampton this summer, according to Marca .
The midfielder graduated through Barca's academy but is only now starting to realise his potential at St Mary's, and would cost at least €15 million to acquire after being named the Saints' Player of the Year.
Barcelona and Paris Saint-Germain have entered the race to sign wantaway Leicester City winger Riyad Mahrez, says the Daily Star .
The Algeria international has had a mixed campaign at the King Power this season and is looking to push for a move away once the season draws to an end.
As well as Barca and PSG, Arsenal, Tottenham and Liverpool are all now thought to be interested in securing the attacker, who is valued at around £35 million.
Arsenal striker Danny Welbeck is the centre of a £16 million transfer bid from Turkish side Galatasaray, according to reports from the Daily Mail .
The former Manchester United forward has made just seven Premier League starts for the Gunners this season and will make a decision regarding his long-term future once the season ends.
Galatasaray have made contact with the north London side and are willing to pay the £16 million Arsene Wenger and Co paid for him in 2014.
Gareth Bale's representatives have opened talks with Manchester United chiefs over a potential summer transfer to Old Trafford, according to a report from Diario Gol .
The Welshman has scored 12 goals in 30 starts for Real Madrid this season but has suffered with injuries throughout, with his replacement Isco impressing in his absence.
Bale is now supposedly open to a Premier League return, with Manchester United the only likely destination for the Wales international.
Jose Mourinho has made Everton forward Romelu Lukaku his number one transfer target this summer, according to a report from The Guardian .
The Belgian is seen as the man to replace Zlatan Ibrahimovic and lead the Red Devils attack next season, having hit 24 Premier League goals for the Toffees so far this term.
Lukaku has openly admitted he will only join a club with a spot in the Champions League, however, so Mourinho's hopes of landing the 23-year-old may depend on United winning the Europa League.
Arsenal have made Monaco winger Thomas Lemar one of their top summer transfer targets, according to the Daily Mirror .
The 21-year-old has been in sensational form this season and Arsene Wenger is a huge admirer as he looks to rebuild his squad at the Emirates Stadium.
Marseille have shown an interest in signing Leicester City winger Riyad Mahrez, according to the Daily Mirror .
The Algeria international is keen to leave the King Power Stadium this summer to play Champions League football.
And though none of Europe's top sides have shown an interest as yet, Marseille see Mahrez as the next piece of their rebuilding jigsaw.
Manchester City are weighing up making a move for Middlesbrough goalkeeper Victor Valdes, according to ESPN .
The Spain international is expected to leave the Riverside this summer following their relegation to the Championship.
And Pep Guardiola is open to reuniting with a player he worked with at Barcelona with the City boss unconvinced by Claudio Bravo and Joe Hart.
Portuguese news outlet O Jogo claims Manchester City will rival Manchester United in the summer race to sign Benfica right-back Nelson Semedo.
Pep Guardiola's side could face competition from more than just their cross-town rivals, however, as Bayern Munich, Inter and Barcelona have all been linked with an interest.
Juventus are looking at Monaco's Fabinho as a possible midfield reinforcement this summer, according to Italian rumour guru Gianluca Di Marzio .
Lyon's Corentin Tolisso is also on the Old Lady's list of potentials but the report states a move for the France international is on hold, hence Juve monitoring Fabinho's situation at the Stade Louis II.
Ronald Koeman has been given the all-clear to begin negotiations for Malaga forward Sandro and Ajax midfielder Davy Klaassen, the Mirror reports.
The former has a contract clause which means he can leave for just £5 million in the summer, while it is believed that £20m will be enough to land the Ajax captain.
Manchester United boss Jose Mourinho is set to test Tottenham's resolve with a £40 million summer bid for Eric Dier, the Mirror reports.
The 23-year-old put pen to paper on a five-year, £50,000-per-week deal in September, but the Red Devils feel their offer would be enough to have both Spurs and the player consider the bid.
Chelsea's board are prepared to offer Antonio Conte a new, improved contract deal and will back the Italian boss completely in the transfer market, the Mirror reports.
The Blues are keen to see off interest from Inter, who are prepared to offer the manager a £10m-per-year deal, and will sanction bids for Alexis Sanchez, Romelu Lukaku and Virgil van Dijk.
Leicester City winger Riyad Mahrez wants to leave the King Power Stadium this summer, according to the Daily Telegraph .
The Algeria international vowed to remain with the Foxes this season, but believes he has now honoured an agreement made last summer and should be allowed to move on.
Tottenham, Arsenal and Chelsea are likely to be interested in the 2016 PFA Player of the Year.
Barcelona are eyeing a summer move for Paris Saint-Germain winger Angel Di Maria, according to Mundo Deportivo .
The Camp Nou outfit are looking to replace Arda Turan, and despite Di Maria's connections to Real Madrid, his friendship with Lionel Messi and Javier Mascherano could help to push a deal over the line.
The Blaugrana are also eyeing Marco Reus, Bernardo Silva and Vitolo as alternatives.