Atletico Madrid are pondering a summer move for Leicester striker Jamie Vardy, Sky Sports reports.
However, for the deal to come off, Diego Simeone will have to remain in charge at Vicente Calderon, while the Spanish side's appeal to CAS against a transfer ban must be successful.
MAN CITY IN FOR UNITED TARGET JAMES
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 EYE GERMANY STARLET
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 TO LAUNCH £50M MORATA BID
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.
SPURS & CHELSEA BATTLE FOR SMITH
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.
BARCA EYE ROMEU RETURN
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.
BARCA JOIN MAHREZ RACE
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.
GALA WANT WELBECK
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.
BALE AGENT OPENS UTD TALKS
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.
LUKAKU TOPS MAN UTD LIST
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 TARGET LEMAR
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.