Juventus' move for PSG star Blaise Matuidi look set to collapse despite optimism from director Beppe Marotta, with PSG president Nasser Al-Khelaifi confirming that the Frenchman will stay in Paris and extend his contract with the Ligue 1 giants.
Chelsea have been trying to strengthen their defence all summer and after their failure to land Napoli's Kalidou Koulibaly and AC Milan's Alessio Romagnoli, the Blues have turned their attention to Lazio's 24-year-old centre-back Stefan de Vrij.
With Inter Milan completing a double swoop for Gabigol and Joao Mario, the Nerazzurri will look to balance the books by selling Croatian midfielder Marcelo Brozovic.
Palermo have reportedly made an offer for out-of-favour Liverpool star Mario Balotelli in an attempt to bolster their attacking options.
Milan are reportedly interested in former Italy U-21 international Danielle Baselli who scored a goal against the Rossoneri last week in their opening fixture against Torino.
The group stage draws season's Champions League took place at the UEFA Headquarters on Thursday.
Napoli will play host to AC Milan in Round two of Serie A fixtures at the Stadio San Paolo in Naples after playing out a 2-2 draw away to newly promoted Pescara. Maurizio Sarri's men will look deny Montella's team any sort of momentum that they might try to pick up on building from their 3-2 win against Torino.
Inter Milan's transfer window has come to life in the last few hours, with contacts for their top priority targets Joao Mario and Gabriel Barbosa intensifying. The latter is reportedly flying to Italy to complete a deal with Inter Milan.
Chelsea are looking for a left-back as well as a centre-back in Italy and latest reports suggest that the Blues are talking to Fiorentina in order to sign former Bolton Wanderers left-back Marcos Alonso, who has had two excellent seasons with the Viola.
The Olympics are over and with it comes the day that Brazil sensation Gabriel 'Gabigol' Barbosa decides his future. Reports suggest that tomorrow could be a decisive day for the young phenomenon from Brazil as Inter Milan is his preferred destination.