Juventus are refusing to give up in their pursuit of Real Madrid striker Gonzalo Higuain amid reports that Arsenal have reached an agreement with the Argentina international, Sky reports.
The Gunners have been considered favourites to clinch the deal ever since it emerged that the South American forward could be lured away from Santiago Bernabeu.
Juve have offered opposition in the transfer market, with the Serie A champions striving for continuous improvement.
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Liverpool are close to finalising a deal for Luis Alberto with the Sevilla forward due on Merseyside for a medical on Friday, Sky reports.
The Spain U21 international is set to join the Anfield outfit on a four-year contract with a fee expected to be in the region of £7m.
The 20-year-old scored 11 goals while on loan with Barcelona B in Spain's Segunda Division last season, but the Catalans decided not to exercise an option to sign him on a permanent deal.
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Malaga forward Isco says his future could be decided by Sunday, with Manchester City and Real Madrid waiting in the wings, Sky reports.
The Spanish starlet, who helped his country to European U21 Championship glory on Tuesday, has found himself at the centre of a transfer tug-of-war since the 2012/13 campaign came to a close.
With Malaga's financial struggles well-documented, and with coach Manuel Pellegrini having decided to leave his post for one at the Etihad Stadium, it did not take long for Isco to become one of European football's hottest properties.
City and Real have led the chase from the start, and are known to have put offers to the talented 21-year-old.
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Wolfsburg general manager Klaus Allofs has admitted that defender Simon Kjaer could be set to depart the Bundesliga side, Sky reports..
The arrival of Swiss international Timm Klose from FC Nurnberg means that the 24-year old may find opportunities of first-team football limited next season.
Kjaer has one year remaining on his contract with Wolfsburg and he has previously been linked to a Premier League move, with Liverpool and Newcastle United both reported to have been chasing him in recent transfer windows.
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Juventus general manager Giuseppe Marotta says that midfielder Claudio Marchisio is not for sale, after reports of interest from Manchester United.
Speculation has linked the 27-year old with a switch to Old Trafford in recent weeks as David Moyes looks to bolster his midfield, with the retirement of Paul Scholes and uncertainty over Darren Fletcher's long-term future due to illness leaving him with limited options.
Marchisio has spent his whole career with the Serie A champions, but the Italian has already admitted that he would be "very proud" if United did make an offer for him.
The midfielder is currently away with the Italy national team at the Confederations Cup, where his side have already reached the semi-finals after two opening group stage wins.
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Juventus have acknowledged Inter Milan's interest in Mauricio Isla and the player wants a decision made on his future.
Isla spent the 2012/13 campaign in Turin, helping Juve to the Serie A title, but is joint-owned by Udinese.
He wants clarity on where he will be playing next term, with Inter having further complicated matters by expressing a desire to take the Chile international to Giuseppe Meazza.
Juventus insist no decision has been taken on Isla as yet, with Inter not the only club to have enquired as to his possible availability.
Miralem Pjanic is not attracting interest from Barcelona and plans to stay at Roma, according to the midfielder's agent.
The Bosnia international has been strongly linked with a move away from Italy this summer, with Tottenham Hotspur among those reported to have been monitoring his situation for some time.
Barca are the latest side to be linked with an approach, with it suggested that the Catalan giants are prepared to part with €11million (£9.4m) for Pjanic's services.
The 23-year-old is, however, prepared to remain in Serie A for now, with Roma hoping for an upturn in fortunes under new coach Rudi Garcia.