Everton have made an approach for Wolfsburg's Germany winger Julian Draxler, who also interests Arsenal. The 22-year-old has a £63m release clause. (Independent)
The Merseyside club will refuse to budge on their £50m valuation of 22-year-old England defender John Stones, who is a target for Manchester City. (Sky Sports)
Paul Pogba's world-record transfer from Juventus to Manchester United is complete, and will be announced when the 23-year-old France midfielder returns from holiday. (Manchester Evening News)
Liverpool could offload unwanted striker Mario Balotelli, 25, to Ajax. (Daily Mail)
Arsenal and Chelsea are both interested in German defender Shkodran Mustafi, 24, with the Gunners also considering a bid for West Brom's Jonny Evans, 28, to ease their defensive injury problems. (Daily Mail)
Chelsea are watching Brazil's Thiago Maia, 19, during the Olympics, as they consider making a £15m bid to take him from Santos. (Daily Mirror)
Diego Costa, 27, is likely to stay at Stamford Bridge, after Atletico Madrid president Enrique Cerezo said the Spain striker's "place is with Chelsea". (Marca,via ESPN)
However, Chelsea will have to work to re-sign former striker Romelu Lukaku's signature, after Everton offered the 23-year-old £135,000 a week to stay at the club. (Daily Mirror)
Real Madrid are prepared to offer £55.1m to sign Bayern Munich's 24-year-old Austria midfielder David Alaba. (AS)
Former England captain Rio Ferdinand, 37, says that he would be interested in working under national team manager Sam Allardyce with a view to stepping up to take charge in the future. (Times)
Sporting Lisbon striker Islam Slimani has put in a transfer request after the Portuguese side received a £16.75m bid from an unnamed English club. Everton and Southampton are both interested in the 28-year-old. (Sun)
Manchester City are close to completing a £4.75m deal for 19-year-old Colombia international winger Marlos Moreno from Atletico Nacional. (Guardian)
Kasper Schmeichel has agreed a new five-year deal to stay at Leicester City. The 29-year-old Denmark goalkeeper had been linked with a move away from the Premier League champions. (ESPN)
Jurgen Klopp will not allow midfielder Lucas Leiva, 29, to leave Liverpool until he has secured defensive cover for his injury-depleted backline. (Liverpool Echo)
Roma are interested in reported Liverpool target and former Arsenal captain Thomas Vermaelen, 30, who plays for Barcelona. (Gazzetta dello Sport)
Arsenal want to promote former winger Freddie Ljungberg, 39, from his role coaching the club's under-15s to fill the under-18s role vacated by Thierry Henry earlier this summer. (Times)
Veteran Stoke striker Peter Crouch, 35, could move to Championship side Wolves in a bid for more first-team football. (Birmingham Mail)
Aston Villa are prepared to allow 33-year-old centre-back Joleon Lescott to leave the club for free, with Leeds interested. (Telegraph)
Via BBC Sport