Chelsea are ready to leapfrog Arsenal, Manchester United and Liverpool in the race for Napoli striker Gonzalo Higuain. The 27-year-old is said to be available for £30 million.
Manchester United have seen a £110 million bid for Gareth Bale and Raphael Varane rejected by Real Madrid. Chelsea are also interested in the pair while Madrid are expected to complete a deal for David de Gea.
Bayern Munich and Chelsea are considering paying the full buyout clause for Atletico Madrid forward Antoine Griezmann, which is now £47.2 million (€65m).
Stoke City are leading the race for out-of-contract Dnipro midfielder Yehven Konoplyanka, although his wage demands of £100,000 per week are proving a stumbling block.
Manchester United winger Nani is being targeted by Inter Milan, who are hoping to snap him up this summer. The Portuguese has spent this season on loan at Sporting Lisbon.
Real Madrid target David De Gea has said his goodbyes to his Manchester United team-mates ahead of a £20 million move to the Spanish capital.
Recently relegated Hull City have told interested parties that centre-back James Chester will cost £10 million this summer.
Tottenham have joined Chelsea in the race for Marseille enforcer Gianelli Imbula. Spurs are expected to offer Benjamin Stambouli as bait for the 22-year-old, who is valued at £12 million.
Manchester City will reject any bid for Sergio Aguero this summer. Real Madrid are considering a move for the 27-year-old but the deposed Premier League champions expect him to see out his contract until 2019.
Lazio are keen to take Liverpool striker Fabio Borini back to Serie A. The 24-year-old has had an unsuccessful spell at Anfield and is expected to be sold in the summer.