Liverpool manager Jurgen Klopp wants to bolster his forward line with the signing of Bayern Munich winger Leroy Sane. A bid close to £50m may be needed to prise him away from the Allianz Arena.
Manchester United could walk away from their pursuit of Barcelona midfielder Frenkie de Jong after growing increasingly frustrated with the continued delays in negotiations.
Barcelona have been pushing the Dutchman towards Chelsea during their negotiations for left-back Marcos Alonso and believe the Blues would be prepared to offer more money to finally get a deal over the line.
Chelsea owner Todd Boehly is ready to increase his offer for Leicester centre-back Wesley Fofana towards the £70m mark. A player plus cash swap deal has also been mooted, though Ruben Loftus-Cheek has no interest in being used to facilitate a transfer.
Real Madrid are ready to rival Chelsea and Manchester United for the signing of RB Salzburg teenager Benjamin Sesko, while they also hold interest in Nice forward Amine Gouiri.