Manchester United have launched a British record bid of £60 million to bring midfielder Paul Pogba back to Old Trafford from Juventus, according to The Sun.
The signing of midfielder Ilkay Gundogan from Borussia Dortmund is just the start of Manchester City's £250 million summer spending spree, says the Daily Mirror.
The Guardian claims City are ready to pay the £39 million release clause to sign French defender Aymeric Laporte from Athletic Bilbao.
Everton are poised to appoint Southampton boss Ronald Koeman as their new manager after offering the Dutchman a £6 million annual salary and £100 million in transfer funds, according to the Daily Mail.
Philippe Coutinho could be on his way out of Liverpool this summer, according to the Daily Star, with Ligue 1 champions Paris St Germain pondering a £46 million move for the playmaker.