Manchester United will move for Everton's Belgium striker Romelu Lukaku, 22, if they cannot sign Atletico Madrid forward Mario Mandzukic, 29. (Sun - subscription required)
Meanwhile, United have enquired about signing 22-year-old French centre-back Raphael Varane from Real Madrid. United made their interest known in Varane during discussions over the transfer of goalkeeper David De Gea, but Real Madrid say the defender is not for sale. (Marca)
And United are set to make a £10.2m bid for Monaco full-back Fabinho, although the Ligue 1 club are reluctant to lose the 21-year-old. (L'Equipe - in French)
Jack Wilshere, 23, will become Manchester City's next English transfer target. City are expected to make an initial £30m move for the Arsenal midfielder after having an improved £40m offer for Liverpool forward Raheem Sterling, 20, rejected on Wednesday. (Daily Mirror)
Juventus are in talks with Chelsea over an £18m move for 23-year-old Brazil midfielder Oscar. (Sun - subscription required)
Former Manchester United and Manchester City striker Carlos Tevez, 31, has told Juventus he would like to return to Argentina with Boca Juniors. (Daily Mail)
And Juventus have already lined up a replacement for Tevez, reaching an agreement with Atletico Madrid to sign Croatian striker Mario Mandzukic, 29. (Gazzetta - in Italian)
Tottenham have made a bid to sign former Newcastle midfielder Yohan Cabaye, 29, from Paris St-Germain. (Times - subscription required)
QPR striker Charlie Austin, 25, is wanted by Chelsea, West Ham United and Newcastle United. (Daily Express)
Galatasaray have joined the chase for Manchester United's Dutch striker Robin van Persie, 31 and Schalke striker Klaas-Jan Huntelaar, 31. (Manchester Evening News)
The future of Chelsea keeper Petr Cech features on the back page of Thursday's Daily Star
But Galatasaray cannot afford Van Persie's £240,000 a week wages. (Voetbal Primeur, via Times - subscription required).
Manchester City have had a £5m offer for 18-year-old Fulham and England Under-19 forward Patrick Roberts rejected. (Guardian)
Chelsea are to sell Czech Republic goalkeeper Petr Cech, 33, to rivals Arsenal. Jose Mourinho will then turn to QPR's England keeper Rob Green, 35, as back-up for Thibaut Courtois. (Daily Star)
Southampton have put a £24m price tag on Manchester United and Arsenal target Morgan Schneiderlin, 25. (Daily Mirror)
Liverpool's bid to sign Nathaniel Clyne, 24, has moved a step closer after Southampton agreed a deal for the England international's replacement. (Liverpool Echo)
West Brom boss Tony Pulis wants to sign QPR's Scotland winger Matt Phillips, 24, and Besiktas's Senegal striker Demba Ba, 30. (Birmingham Mail)
Real Madrid goalkeeper Keylor Navas has suffered an Achilles injury on international duty with Costa Rica which may require surgery. If the 28-year-old misses the start of the new season it may force the La Liga side to step up their pursuit of Manchester United goalkeeper De Gea. (Mundo Deportivo - in Spanish)
Former QPR, Leicester and Swansea manager Paolo Sousa has left Basel after the Swiss champions agreed to terminate his contract. The 44-year-old is favourite for the vacant Fiorentina job. (ESPN)