The summer transfer window is into its final month for the major European leagues, which means the biggest clubs are looking to make a splash in the market before the new season begins. Check out the latest gossip below, and see all official deals here.
TOP STORY: Chelsea to make new bid for Inter's Lukaku
Chelsea look set to make another approach for Internazionale striker Romelu Lukaku, with Fabrizio Romano reporting that the Premier League side are preparing a bid of around €130 million to get a deal over the line.
Thomas Tuchel's side have made their intentions for the Belgium star clear as sources told ESPN they offered €100m plus defender Marcos Alonso on Monday, but after the Serie A side quickly rebuffed Chelsea's offer, it looks as though the saga is far from over.
A deal doesn't look impossible. Despite Lukaku stating that he is happy in Italy, La Repubblica writes that Inter would listen to offers of around €150m.
The 28-year-old contributed to 37 goals in 39 games for the Serie A title winners last season, which has seen him propelled to the top of Chelsea's shortlist since talks over a €180m move for Borussia Dortmund's Erling Haaland have appeared to show no signs of progress.
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08.46 BST: Real Madrid winger Takefusa Kubo is set to spend another season on loan.
Real Sociedad and Real Mallorca are favourites to take Kubo for the 2021-22 campaign, according to Onda Cero, and are the only Spanish clubs that are prepared to pay the €3m fee that Real Madrid are demanding.
Kubo, 20, enjoyed a successful loan spell at Mallorca shortly after joining Madrid from FC Tokyo in the summer of 2019. He spent the first half of last season on loan at Villarreal but was unable to gain regular playing time and moved to Getafe where he played the last six months. The Japan international is currently competing at the Olympics where the country reached the semifinals.
08.30 BST: Aston Villa have announced the £30m signing of Leon Bailey from Bayer Leverkusen on a deal until 2025.
Jamaica international Bailey, 23, arrives in the Premier League having scored 33 goals and set up a further 22 in three-and-a-half years at Leverkusen.
"Leon is a hugely exciting young striker with great pace and creativity," Villa head coach Dean Smith said. "He has enjoyed a successful career at Leverkusen and we are now looking forward to watching him show his skills and talents for Aston Villa in the Premier League."
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PAPER GOSSIP (by Adam Brown)
- Martin Odegaard is once again linked with a move to Arsenal with reports that Real Madrid boss Carlo Ancelotti would be willing to let the attacking midfielder go. The Daily Mirror writes that Real Madrid would demand a buyback clause in any potential deal for 22-year-old. Odegaard featured 14 times in the Premier League while on loan with the Gunners last season, scoring one goal, but has not had a chance to shine in Madrid over the past six years.
- AC Milan are interested in another Real Madrid star, according to Calciomercato. Dani Ceballos is on the radar of the Serie A club with Madrid reportedly prepared to be willing to deal, but the current valuation of €40m is proving to be a stumbling block for Milan. The 24-year-old midfielder spent last season at Premier League club Arsenal, registering three assists from 25 appearances.
- Inter have delved back into the transfer market with an agreement close for Virtus Entella midfielder Matheus Cecchini. A deal is expected to be announced soon with Calciomercato writing that the side look to develop the 18-year-old for the future, initially taking him on loan to garner more first-team experience.
- Highly rated Dutch striker Joshua Zirkzee is set for a loan move to Anderlecht. Fabrizio Romano says that his medical has been completed and that the deal includes no obligation to sign him permanently. The Bayern Munich forward made a handful of loan appearances with Parma last season, but failed to score when coming off from the bench.
- Rangers and Celtic are set to battle it out for Bright Osayi-Samuel, with reports in Turkey suggesting the 23-year-old would be allowed to leave Fenerbahce. Fanatik claims that the former Queens Park Rangers winger did not live up to expectations since making the switch to the Turkish Super Lig and that a fee of around €3m would be the starting point to allow negotiations to take place.