Manchester City are determined to sign Valencia winger Ferran Torres but have told the Spanish club they will not pay more than 35m euros (£31.8m) for the 20-year-old Spaniard

Sevilla and Atletico Madrid are weighing up offers for Barcelona and Croatia midfielder Ivan Rakitic, 32, who is set to leave the Nou Camp this summer

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.

Chelsea are keen on signing Ajax and Cameroon goalkeeper Andre Onana, 24, as a replacement for Kepa Arrizabalaga. The 25-year-old Spaniard has been linked with a move to Valencia this summer on a two-year loan deal.

Portuguese midfielder William Carvalho, 28, has reached an agreement with Leicester City, with the Premier League club now just needing to agree a fee with Real Betis.