Newcastle United are reportedly closing in on a move for Nottingham Forest winger Anthony Elanga, with the Magpies having made an improved £55m offer and being on the verge of agreeing a deal for the 23-year-old Swedish star.

Real Madrid and manager Xabi Alonso are reportedly open to the sale of Brazil forward Rodrygo, who has been linked with Arsenal, provided a suitable offer is made for the 24-year-old. 

Fenerbahce have reportedly made a €15m (£12.9m) offer for Paris St-Germain forward Marco Asensio, but the 29-year-old is said to be waiting for other options to come up, with AC Milan and Villarreal also showing interest in the Spain international. 

Celtic's German winger Nicolas Kuhn is reportedly set to join Como for an initial £16.5m fee after the Italian side agreed on the transfer. 

Rangers are close to securing a deal for Luton Town's Norway midfielder Thelo Aasgaard, with the 23-year-old set to join the Scottish giants. 

Tottenham Hotspur and Chelsea are among the clubs rumored to be interested in AZ Alkmaar's 19-year-old Dutch midfielder Kees Smit. 

Al-Nassr could reportedly turn their attention to Arsenal's Brazilian winger Gabriel Martinelli after struggling to land their top target, Liverpool's Colombia forward Luis Diaz.

Inter Milan defender Denzel Dumfries, 29, is said to have a €25m (£21.5m) release clause in his contract that is valid until mid-July, and can only be triggered by a non-Italian club. 

Portugal international Antonio Silva, 21, has reportedly turned down a move to Saudi Pro league side Al-Hilal, but is still expected to leave Benfica. 

Arsenal have reportedly lost their under-21s manager Mehmet Ali to Brentford. 

Stay tuned for more football transfer rumors and updates!