Tuesday's transfer rumours involve Arsenal's move for a Morgan Rogers alternative, and Lille's asking price for Ayyoub Bouaddi.
Arsenal have been left disappointed by Morgan Rogers' move to Chelsea, with the Gunners beaten to their top target. The North Londoners were unwilling to match Chelsea's £117m offer, but retain plans to make a statement signing.
According to Fabrizio Romano, Atletico Madrid striker Julian Alvarez is back on the radar. Atletico have rebuffed interest from Real Madrid and Barcelona for Alvarez, and are insistent he stays. However, a big bid from England could tempt Atletico to sell the wantaway forward, keeping him out of the clutches of La Liga rivals.
Arsenal are also in the hunt for Ayyoub Bouaddi, with the Premier League champions battling Manchester City for the teenager. Lille would prefer to keep Bouaddi for another season, though an offer of £85m could prove persuasive, according to L'Equipe.
Across North London, a trio of Tottenham talents are in the sights of Serie A sides. Cristian Romero, Djed Spence and Richarlison are all targets for both Inter Milan and Juventus. The Italian giants are going head-to-head for a remarkable triple deal.
Sticking in Serie A, Rafael Leao wants to leave AC Milan this summer. However, the Rossoneri are yet to receive a formal offer, despite tentative enquires from Barcelona and Manchester United. La Gazzetta dello Sport claim Aston Villa could launch a bold bid as Unai Emery seeks a Morgan Rogers replacement.
Another winger on Aston Villa's radar is Jonathan Rowe. Calciomercatio claim both Villa and Chelsea are keen on Rowe, who is valued at around €40m at Bologna.
Villa could free room in their squad by offloading Leon Bailey, who is in talks with Hull City. The Athletic report that Trabzonspor and Celta Vigo are also interested in the 28-year-old, who can leave Villa for £12m.