Manchester United boss Erik ten Hag will be given at least £70m to spend in the January transfer window and the amount could increase if Portugal striker Cristiano Ronaldo, 37, leaves Old Trafford.
Liverpool are leading the race with Manchester United for 19-year-old Borussia Dortmund and England midfielder Jude Bellingham.
Newcastle United are interested in Shakhtar Donetsk and Ukraine winger Mykhaylo Mudryk, 21, who has also been linked to Arsenal and Brentford.
Valencia, Villarreal, Celta Vigo and Real Sociedad are lining up pre-contract offers for Blackburn Rovers and Chile striker Ben Brereton Diaz, with Everton and Leeds also targeting the 23-year-old.
Liverpool are open to terminating Arthur Melo’s loan from Juventus in January, according to reports in Italy, but only if they can secure a long-term replacement.
Brighton are continuing talks with former Shakhtar Donetsk manager Roberto de Zerbi as they look to replace Graham Potter.
Manchester United and Spain goalkeeper Davidde Gea, 31, says he was close to joining Wigan in 2009, before moving to Old Trafford.
Todd Boehly has already held talks with clubs in Brazil and Portugal as he looks to begin adding clubs to Chelsea’s portfolio.
Chelsea made an informal approach for AC Milan and Portugal forward Rafael Leao, 23, during the summer transfer window, according to the club’s director Paolo Maldini.
Chelsea goalkeeper Kepa Arrizabalaga has admitted he is open to hearing more about Todd Boehly’s North-South All-Star Game and backed himself to play in it should the game be given the go-ahead.
Liverpool are considering a move for Wolves and Portugal midfielder Matheus Nunes, 24, as an alternative to Bellingham.
Ecuador’s hopes of retaining their place at the World Cup suffered a blow after Byron Castillo failed to appear at FIFA’s Appeal Commission hearing into his nationality on Thursday.
Didier Deschamps has warned Paul Pogba he is not an automatic selection for the France squad heading to the World Cup in Qatar.
John Terry is set to embark on a career in football business after enrolling on a FIFA diploma course for executives which will also include Fabio Cannavaro and Philippe Senderos.
