Sports Illustrated rounds up the latest transfer rumors and gossip from around the world.
Manchester United
Bryan Mbeumo could be made available for transfer by Manchester United just 12 months after joining the club, with a handful of teams across Europe known to be interested.
Coming in at Man Utd could be Nottingham Forest midfielder Elliot Anderson, with the Red Devils now ready to make a formal approach for the England international.
Borussia Dortmund midfielder Jobe Bellingham has also re-emerged as a potential target for Man Utd.
Man Utd are chasing Real Madrid midfielder Aurélien Tchouaméni. The Spanish giants are willing to sell him this summer if he specifically asks to leave.
Arsenal
Arsenal manager Mikel Arteta is planning a move for Barcelona winger Raphinha if the Gunners offload both Kai Havertz and Gabriel Martinelli this summer.
Arsenal have joined the race to sign West Ham United midfielder Mateus Fernandes, who is expected to leave the Hammers if they are relegated from the Premier League.
Other Premier League Clubs
Manchester City are growing in confidence that they will win the race to sign teenage midfielder Kennet Eichhorn from Hertha Berlin.
Brentford have joined Brighton & Hove Albion, Chelsea and Newcastle United in pursuit of Köln winger Said El Mala.
Aston Villa are hopeful of selling on-loan duo Donyell Malen and Evann Guessandin in the coming weeks to strike an early deal for Roma winger Matías Soulé.
Venezia midfielder Isssa Doumbia, 22, is attracting significant interest from the Premier League. Everton and Newcastle have joined Bournemouth and Brentford in the race for his signature.
Barcelona
Amid all the turmoil at Chelsea, midfielder Cole Palmer is considering his future at Stamford Bridge and is keen to complete a move to Barcelona.
Barcelona have stepped up their interest in Chelsea's João Pedro to replace Robert Lewandowski. The Blues are reluctant to lose him and will try to price Barça out of a deal expected to cost around $117 million.
Some inside Barcelona are concerned about the development of left back Alejandro Balde and would be prepared to offload him permanently, with Atlético Madrid emerging as a potential landing spot.
Ronald Araújo is considering leaving Barcelona this summer amid concerns over his lack of minutes. The Uruguay international is interested in moving to the Premier League.
Real Madrid
Florentino Pérez will make the signing of Chelsea midfielder Enzo Fernández one of his primary promises in the Real Madrid presidential election.
As José Mourinho nears a return to Real Madrid, the manager has identified Sporting CP midfielder Hidemasa Morita as one of his top transfer targets.
Other European Clubs
West Ham's chances of receiving their full $114 million asking price for Fernandes have been laughed off by agents.
Al Hilal have offered Barcelona striker Robert Lewandowski a contract worth $105 million per year. The veteran forward is close to accepting.
Borussia Dortmund are accelerating their interest in Real Madrid striker Gonzalo García and have already held talks with his representatives.
Juventus are looking to strike deals for Real Madrid left back Fran García and midfielder Brahim Díaz, while also interested in landing center back David Alaba on a free transfer.