Real Madrid want to sell Colombia playmaker James Rodriguez, who has one year left on his contract, rather than lose him for free next year. Arsenal, Everton, Manchester United and Wolves are thought to be interested in the 28-year-old.

Everton are keen to re-sign Manchester City and England centre-back John Stones. The 26-year-old left the Toffees for City in 2016. Arsenal are also interested in Stones.

Chelsea are considering a move for Villarreal and Spain centre-back Pau Torres, 23, who has also been linked with Arsenal, Barcelona, Manchester City and Manchester United.

Barcelona forward Antoine Griezmann's struggles at the club could give Arsenal or Inter Milan the chance to sign the 29-year-old France international.

Newcastle and Arsenal are among a number of Premier League clubs interested in signing Wolfsburg's Dutch striker Wout Weghorst, 27, for 35m euros (£31.9m).