LIVE Transfer Talk: Chelsea, PSG, Atletico Madrid all chasing Inter Milan's Lautaro Martinez

The summer transfer window is approaching, and there's plenty of gossip swirling about who's moving where. Transfer Talk brings you all the latest buzz on rumours, comings and goings and, of course, done deals!

TOP STORY: Chelsea, PSG, Atletico track Lautaro Martinez

Clubs across Europe are about to step up the chase to sign Inter Milan forward Lautaro Martinez, according to Tuttomercato, with Chelsea, Paris Saint-Germain and Atletico Madrid are all reported to be interested.

Martinez, 24, was linked with an exit away from San Siro last season, but signed a new deal in October that saw him commit his future until 2026. However, with the Argentina international scoring 21 Serie A goals in 35 appearances, speculation over the striker's future has not gone away.

And as Simone Inzaghi's side struggle with their mounting debt and look to raise funds to try to secure the loan return of Chelsea's Romelu Lukaku, Martinez could be one of the players available for transfer. Chelsea are open to negotiations over a deal that could see the players swap clubs.

PSG are also looking for another option up front, now that Kylian Mbappe has committed himself to the club, while Atletico need a replacement for Luis Suarez.

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LIVE BLOG

22.17 BST: Liverpool believe Bayern Munich will meet their £40million transfer fee to secure Sadio Mane's services, as talks continue for a deal regarding the 30-year-old winger, reports the Telegraph.

The Bundesliga champions have already seen two offers rejected, but with recent reports suggesting that Julian Nagelsmann's side were planning a third bid, it looks as though the Reds are confident they can acquire their asking price which will be used to help fund a move for Benfica striker Darwin Nunez.

21.30 BST: A deal between Valencia and Barcelona involving Carlos Soler looks unlikely, with the Blaugrana prioritising other options, according to Mundo Deportivo.

It is reported that while Los Che are willing to move on the 25-year-old midfielder, the Camp Nou hierarchy are unable to meet their demands without moving on Frenkie De Jong, though Xavi Hernandez has already identified Bernardo Silva as a replacement should the Netherlands international leave.

Soler has previously been linked with Liverpool.

21.05 BST: Chelsea have added France international Presnel Kimpembe to their centre-back shortlist, writes BILD.

Thomas Tuchel is keen to reinforce his defence this summer and looks to be weighing up a number of options, with the Paris Saint-Germain defenders one of the latest names linked with a move to Stamford Bridge.

Kimpembe, 26, made 30 appearances for the Ligue 1 side last season, and would join up with former team mate Thiago Silva if he made the switch to Chelsea.

The Premier League side also remain interested in both Matthijs De Ligt and Jules Kounde.

20.49 BST: Napoli are looking to sign Salvatore Sirigu as they look to acquire a back-up goalkeeper for next season, according to Calciomercato.

The 35-year-old, who has earned 28 caps for the Italy national team, spent last season in Serie A with Genoa, where he made 37 appearances across the 21/22 campaign.

His contract is set to expire on June 30.

20.15 BST: The race is heating up for Brighton wingback Marc Cucurella, with three Premier League teams chasing his signature, understands Goal.

Chelsea, Manchester City, and Tottenham Hotspur are all reported to be keen on acquiring the 23-year-old who has impressed for Graham Potter's side since joining from Getafe last summer.

Cucurella made 38 appearances for the Seagulls last season.

19.50 BST: Newcastle United have had their first and what could be their final approach for Lorenzo Pellegrini turned down, writes Corriere dello Sport.

It is reported that the Magpies made an offer worth £51.1m in a bid to secure the 25-year-old midfielder's services, but they saw it swiftly dismissed with Roma deeming him a key player within the side.

Pellegrini made 36 appearances for Jose Mourinho's side last season, and it is understood that they will refute all offers for him this summer.

19.20 BST: Manchester United are keen on signing Alex Oxlade-Chamberlain, according to TalkSport.

The 28-year-old midfielder has found himself out of favour at Liverpool in recent months, having made just three starts in the final three months of last season, but it looks as though Erik ten Hag could be prepared to offer him the chance of more regular playing time.

He is set to enter the final year of his contract later this month.

18.55 BST: Manchester City are understood to be readying their pursuit for Leeds United midfielder Kalvin Phillips, according to the Daily Mail.

The 26-year-old England international is reported to be a perfect fit for Pep Guardiola's side, and the Premier League champions could make an offer in the region of £60m to secure his services.

Phillips has been on the radar of a number of Premier League clubs over the past season, but it looks as though the Cityzens could be favourites for his signature.

18.30 BST: Leeds United and Aston Villa are battling for the signature of Sonny Perkins, reveals Fabrizio Romano.

The 18-year-old forward made three appearances for David Moyes' first team this season, but it is reported that talks have already begun over a potential move away from the London Stadium. He currently represents the England international team at U18 level.

17.15 BST: Monaco have identified Palmeiras midfielder Danilo as a potential replacement for Aurelien Tchouameni, reports L'Equipe.

The 21-year-old star has also been on the radar of Real Madrid, and it looks as though interest in continuing to grow from clubs in Europe. He has made 25 appearances for Palmeiras this season, and was on the bench for the Brazil senior international team during their 1-0 win over Japan on Monday.

16.30 BST: A central midfielder is a priority for Erik ten Hag's rebuilding programme at Manchester United, sources have told ESPN.

Efforts are still ongoing to persuade Barcelona's Frenkie de Jong to move to Old Trafford, as both Paul Pogba and Nemanja Matic will be leaving United this summer.

United also have an interest in West Ham's Declan Rice, but the London club's £100m-plus valuation of the England international has prompted them to pursue De Jong, who played under Ten Hag at Ajax.

Sources have also told ESPN that United are monitoring Benfica forward Darwin Nunez, who is also on Liverpool's radar, but Ten Hag's immediate priority is to strengthen in midfield.

16.00 BST: Paul Pogba follows Lionel Messi, Sergio Ramos to become a free agent but why are there so many high-profile players doing it? ESPN's James Olley and Tor-Kristian Karlsen investigate.

Research by KPMG suggests that in Europe's top five leagues, there was a 6% decrease in transfers involving a fee between 2019 and 2021, to a record low of 30%. There has also been an increase from 19% to 22% in the number of free transfers during the same time-frame. It's perhaps a modest shift at first glance, but the majority of business in lower divisions has largely comprised of such transactions as finances are generally more precarious and clubs survive on loans or signing unattached players.

The change has now come at the top end of the game, with more high-profile free agents than ever before. Last summer's list was star-studded: Lionel Messi, Sergio Ramos, Gianluigi Donnarumma, David Alaba, Sergio Aguero and Jerome Boateng were among the names moving. This summer is similar: Paul Pogba, Ousmane Dembele, Paulo Dybala, Antonio Rudiger, Alexandre Lacazette, Christian Eriksen, Gareth Bale and Luis Suarez are just some of those able to negotiate on their own terms.

It appeared Kylian Mbappe would lead the free transfer surge as he looked destined to join Real Madrid from Paris Saint-Germain before performing a dramatic U-turn last month. Mbappe's new three-year contract to remain in Paris reportedly includes a €100 million signing-on fee and a €50m annual salary, remarkable evidence of the strong negotiating position elite players can have when running down their existing deals. More often that not, however, players in this situation move clubs.

15.14 BST: Fenerbahce have registered an interest in signing Manchester United midfielder Andreas Pereira, but he has been told he will be given an opportunity to impress new manager Erik ten Hag during the summer tour of Thailand and Australia, sources have told ESPN.

Pereira spent last season on loan at Flamengo but a permanent move to the Brazilian side has all but collapsed.

Ten Hag has indicated to Pereira that he will be part of the first-team squad during preseason and is set to be given opportunities in friendlies against Liverpool, Melbourne Victory, Crystal Palace, Aston Villa and Atletico Madrid.

Sources have told ESPN that the 26-year-old's future remains up in the air and he hasn't ruled out a move away from Old Trafford if it represents a better chance of playing regular football.

Fenerbahce are keen to land Pereira, with sources telling ESPN he is intrigued by the possibility of linking up manager Jorge Jesus.

Pereira has a year left on his contract and United will consider bids of around €8m. Benfica are also looking at Pereira at a time when United are targeting their €100m-rated striker, Darwin Nunez.

14.35 BST: Calciomercato claims that Arsenal are the only club keen on Juventus' Arthur Melo this summer.

Arthur, 25, joined for €72m from Barcelona in 2020 in a swap deal with Miralem Pjanic, who was valued at €60m.

Juve need to get back at least €46m if they are to move the Brazil international on, but are also interested in taking one of Gabriel Magalhaes or Gabriel Martinelli as part of any deal with the Gunners.

13.52 BST: The future of Manchester City winger Raheem Sterling is up in the air, with Chelsea now keen to sign him, according to The Daily Telegraph.

Sterling, 27, has a decision to make this summer as his contract expires in 2023 and he is reported to be unhappy about his lack of playing time.

Real Madrid and Bayern Munich have been linked with the England international, but Chelsea are frontrunners now they have a new owner.

However, the report claims Barcelona's Ousmane Dembele, RB Leipzig's Christopher Nkunku and Bayern striker Robert Lewandowski have also been discussed at Stamford Bridge.

13.29 BST: Manchester City have announced the signing of defender Laia Aleixandri from Atletico Madrid on a three-year deal.

Aleixandri is the second player to join City from Atletico Madrid after the Manchester side also signed Deyna Castellanos last week.

The 21-year-old joins City after spending her entire career so far in Spain. She made just under 50 appearances for Atletico Madrid during her five years there.

"I am very happy to be here and to be a part of this amazing club -- I am very excited for what is to come," she said in a statement. "Manchester City is a very big club with top players and staff, and I believe this is the best move for me to make. This is a team who likes to play with the ball and with an offensive style, and that suits me personally.

"My dream here is to win a lot of titles and to improve as a player with the help of my new teammates."

13.18 BST: Tottenham striker Harry Kane had been keen to leave the club last summer, but now they have Champions League football it appears he's willing to stay.

The Daily Mail reports that Kane is optimistic about winning trophies at Tottenham, though talks over a new contract have not yet started, with his current terms expiring in 2024.

12.45 BST: Radamel Falcao will remain at Rayo Vallecano for a further season, the club's sporting director David Cobeno confirmed.

Falcao, 36, joined from Galatasaray as a free agent last summer on a one-year contract, but injuries limited the Colombia forward to just 25 games, where he scored six goals, as Rayo finished 12th in LaLiga.

"He will continue next season and it will become official in the next few days," Cobeno said of Falcao. "He had an option in his contract that has been executed and he will continue with us for another year. He had very good moments during the season.

"He gave us goals, experience and has added a lot in the locker room because he is a reference player for everyone. We are delighted to have him at Rayo and we hope he can do better this season. He is a player that makes a difference."

12.05 BST: Barcelona will up their offer to keep Gavi at the club as they look to end speculation about the midfielder's Camp Nou future, sources have told ESPN.

Barca will make "a big financial effort," one club source said, to come to an agreement with Gavi's agent, former midfielder Ivan de la Pena. They have drawn up a contract that will run until 2027 and include a €1 billion release clause.

The two parties are looking for a date to sit down and close the issue once and for all. Sources on both sides of the talks are optimistic an extension will be agreed soon, with the player's deal due to expire in summer 2023.

11.34 BST: Manchester United have tabled a first bid of €60m plus €20m in add-ons for Barcelona midfielder Frenkie de Jong, according to Marca, although sources have told ESPN that negotiations are not that advanced.

Marca reports that while new United coach Erik ten Hag works on convincing De Jong to make the move to Old Trafford, the Premier League side are trying to agree a fee with Barcelona.

Barca need to raise money this summer and sources have told ESPN they are open to offers for De Jong, who has always maintained his preference is to remain at Camp Nou. One source says Barca want €85m in transfer fee for the Netherlands international.

However, sources insist there have been no advances in recent days. United's interest has not progressed to an official bid, while De Jong has not yet opened the door to a move away from Barca, who he joined from Ajax in 2019.

11.00 BST: Will Liverpool or Man United land Benfica striker Darwin Nunez?