Manchester City have emerged as unexpected contenders for Liverpool and Netherlands international Cody Gakpo, 27, who is also attracting significant interest from Tottenham.
In other major moves, Newcastle have reached a verbal agreement with Manchester City to secure the signing of 24-year-old Spanish midfielder Nico Gonzalez for a fee of £47m, plus an additional £3m in performance-related add-ons.
Manchester United are optimistic about their chances of signing 19-year-old England talent Myles Lewis-Skelly from Arsenal. However, a valuation exceeding £50m for the versatile left-back and midfielder remains a primary point of contention in negotiations.
Further expanding their squad, Newcastle have also submitted a €40m (£34.2m) bid, excluding bonuses, for Lille and Belgian forward Matias Fernandez-Pardo, 21.
Meanwhile, Chelsea have seen three separate bids rejected by Bournemouth this summer in their pursuit of 23-year-old England midfielder Alex Scott.
In the Championship, Hull have offered €21m (£17.9m) for Union Berlin and Germany U21 forward Ilyas Ansah, with contract discussions reportedly reaching an advanced stage.
As the transfer window nears its close, AC Milan are weighing up a late move for Manchester United and Morocco defender Noussair Mazraoui, 28.
Finally, Monza are prepared to offer a one-year contract to former Tottenham midfielder Dele Alli, 30, who has been a free agent since his departure from Como in September 2025.
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