Manchester United have reportedly submitted a formal offer to AS Monaco in an attempt to land 16-year-old custodian Benoit Badiashile.
The Gunners will enter the race alongside four other clubs to sign Lille's 26-year-old right-back Sebastien Corchia.
Chelsea superstar Nemanja Matic is reportedly back on the radar of Manchester United as an alternative summer target to Tottenham star Eric Dier.
The Gunners' midfielder Francis Coquelin is likely to play in the La Liga next season since Valencia want him on a year-long loan.
AC Milan are targeting Real Madrid's young midfielder Mateo Kovacic for a summer move to the Seria-A club.
Liverpool are reportedly growing increasingly confident of signing Fulham wonderkid Ryan Sessegnon in the summer, over other Premier League suitors.
Manchester United captain Wayne Rooney gets closer to exiting the club soon, and a move to Everton may be on the cards for him.
Real Madrid are pondering over a summer move for Atletico Madrid's goalkeeper Jan Oblak, if moves for Chelsea's Courtois and Manchester United's David De Gea fail.
Barcelona and Real Madrid target Hector Bellerin's Arsenal future will be heavily dependent on whether they qualify for the UEFA Champions League next season.
Manchester United and Real Madrid have been alerted to the possibility of losing out on Bayern Munich star Renato Sanches, who has been offered to Barcelona.