Liverpool have reluctantly named their price for Barcelona target Philippe Coutinho, according to a report from Sport.
The Brazil international has reportedly agreed a deal with the Camp Nou side, though the Reds are determined to hold onto their star player.
If the Liga side are serious about landing Coutinho, they will have to pay £133 million for his services according to the Spanish publication.
Barcelona have not yet ended their pursuit of in-demand Monaco youngster Kylian Mbappe, Le Parisien reports.
The Blaugrana are planning for life without Neymar as the Brazilian continues to be heavily linked with a big-money move to PSG - who also retain an interest in Mbappe - and see the 18-year-old as the perfect replacement.
Milan's CEO Marco Fassone and Massimo Mirabelli had a meeting with agent Jorge Mendes in which the subject of Cristiano Ronaldo was broached, according to Sky Sports.
The Serie A club bosses were hoping to be alerted to any situation that would see the Portugal star leave the club, though there are no negotiations over a potential deal at this point.
Barcelona will offer midfielder Ivan Rakitic as part of any deal to sign Liverpool star Philippe Coutinho, according to a report from Don Balon .
The Camp Nou side are determined to secure a deal for the Reds playmaker, though Jurgen Klopp and his team are unwilling to let him leave Anfield.
In an attempt to tempt Liverpool into selling, however, Barca will allow Rakitic to go in the opposite direction.
Arsenal are considering another raid on Ligue 1, with Nice midfielder Jean Michael Seri having attracted the attention of manager Arsene Wenger, L'Equipe reports.
Seri was one of the stand out players as the Allianz Riviera side challenged for the French title last season and had been expected to move to Roma earlier this summer before a move broke down.
Swansea had a €17 million offer rejected and Tottenham are also keeping tabs on the Ivory Coast player's performances.
Arsenal are finally close to agreeing a £45 million deal with Monaco to sign winger Thomas Lemar, claims The Sun .
Monaco have already rejected two bids for Lemar and had been determined to prevent the France international from joining the club exodus, but Arsenal have reportedly persuaded the Ligue 1 champions to sell.