Soka247 summarises the biggest transfer talk from the Premier League, La Liga, Serie A, the Bundesliga and beyond
LEICESTER SACK RANIERI
Claudio Ranieri has been sacked by reigning Premier League champions Leicester City, according to the Daily Mail.
The Italian led the Foxes to a remarkable title success in 2015-16 but has struggled this term and has the club languishing in relegation trouble.
MAN CITY WANT DANI ALVES
Pep Guardiola and Txiki Begiristain have held talks over a potential summer transfer of Juventus full-back Dani Alves, but have demanded the defender drops his wage demands, according to The Daily Mail.
The pair enjoyed a successful stint together at Barcelona before the Brazilian left Camp Nou for Turin before the start of the current campaign, and could be reunited with Guardiola as the Catalan looks to rebuild his backline at Manchester City.
ROONEY SET FOR £15M PAY-OFF
Wayne Rooney could be set to receive around £15 million to leave Manchester United, according to The Times.
The England international, whose agent is currently in China working on a deal for his client, could receive the payment from the Red Devils due to the time remaining on his current contract. While United are not obliged to pay, the club could reward Rooney, who has been at Old Trafford since 2004.
MADRID IN TALKS FOR HAZARD
Spanish outlet Diairo Gol claims Real Madrid have held secretive talks with Chelsea over a summer move for Eden Hazard.
Blancos president Florentino Perez is said to be preparing a squad overhaul in the summer and sees Hazard as a key part of the puzzle, with David De Gea and Juventus striker Paulo Dybala making up the rest of the capital club's wishlist.
BARCA WANT WALKER
Struggling to replace Dani Alves at right-back, Barcelona have turned their attention to Tottenham's Kyle Walker, the London Evening Standard reports.
With Walker having come into his own in recent times, the Blaugrana see the attack-minded England international as the answer to their problems.
ROONEY'S AGENT IN CHINA
Wayne Rooney's agent, Paul Stretford, has flown to Beijing to enter talks over a move to the Chinese Super League, according to the Mirror.
Tired of having limited playing time at Manchester United, the England captain is said to have made the decision to leave the Premier League in favour of a bumper pay packet totalling approximately £600,000 per week.
WENGER TO SNUB CHINA MOVE
Arsene Wenger is set to turn down a mega-money offer to coach in China as his time with Arsenal comes to an end, according to the Daily Mail.
Representatives from the Chinese Super League are said to have had preliminary talks with the Gunners boss, but Wenger wants to remain amongst Europe's elite teams should he decide to part ways with the Emirates side.
MAN UTD AT FRONT OF SILVA QUEUE
Manchester United have first refusal on Monaco star Bernardo Silva, according to Le 10 Sport.
Silva's release clause currently stands at €81 million, and he has also attracted interest from Atletico and Real Madrid, though United are reported to head the queue.
BARCELONA BACK IN FOR BELLERIN
Barcelona are ready to go back in for Arsenal full-back Hector Bellerin, according to Mundo Deportivo.
The Spaniard, who left the Catalan club back in 2011 to move to Emirates Stadium, is once again being looked at as a long-term replacement for Dani Alves and could leave should Arsene Wenger exit the Gunners in the summer.
TIANJIN QUANJIAN WANT BACCA
Chinese Super League side Tianjin Quinjian are offering AC Milan €30 million for the services of Carlos Bacca, Sky Sport Italia reports.
The Colombian would earn a huge €12 million-per-year salary with Fabio Cannavaro's side, though he is said to be unsure whether he wants to leave Europe without making a significant mark on the continent.
CHINESE BANK WANT SOUTHAMPTON
CITIC Securities, China's largest investment bank, are interested in buying Premier League side Southampton, according to the Daily Mail.
Talks with other interested parties are said to have broken down and CITIC are waiting in the wings to offer a massive £225 million to take majority control of the Saints.
SPURS TRIALLING TEEN KEEPER
Tottenham have taken on board 15-year-old Dutch goalkeeper Nick Weegink as part of a week-long trial, the Daily Mail reports.
Footage of the youngster, who has been training with former Twente shot-stopper Michel Veurink, had been sent to several English clubs by representative – and former West Brom midfielder – Romeo Zondervan.
MILAN SHORTLIST LACAZETTE
AC Milan have added Lyon striker Alexandre Lacazette to their summer wishlist, Tuttosport reports.
The Rossoneri are said to be ready to spend in excess of €100 million in the summer with Pierre-Emerick Aubameyang their main target, though will settle for Lacazette should the Dortmund striker choose to move elsewhere.
CAVANI AND BENZEMA TO SWAP?
PSG and Real Madrid are in discussions over a swap deal for strikers Edinson Cavani and Karim Benzema, Bernabeu Digital reports.
The Frenchman's time in Spain is said to be growing short, and the ex-Napoli forward could replace him at the European champions.
MADRID FOLLOWING BRANDT
Real Madrid will keep a close eye on the fortunes of city rivals Atletico in the Champions League on Wednesday as they are tracking Julian Brandt, the star man for opponents Bayer Leverkusen, according to Marca.
The Germans hope to keep the midifleder until 2018, but a big bid from the European champions could force their hand.
CHELSEA & CITY BATTLE OVER ISCO
Chelsea and Manchester City are set to battle over the signing of Real Madrid midfielder Isco this summer, according to Marca.
The Spain international has decided to leave Santiago Bernabeu this summer, and one of the player's representatives has already spoken to Chelsea.
Pep Guardiola, however, is confident the player wants to join him at the Etihad Stadium while Juventus also hold an interest.
MAN UTD REVIVE KROOS INTEREST
Manchester United have rekindled their interest in Real Madrid midfielder Toni Kroos, according to the Independent.
David Moyes revealed recently that he had agreed terms with the World Cup winner during his time at Old Trafford, only for the deal to fall through.
Now, the Red Devils will test Madrid's resolve with a summer bid.
MADRID JOIN DEMBELE HUNT
Real Madrid head coach Zinedine Zidane is tracking Celtic striker Moussa Dembele, according to the Daily Mirror.
The 20-year-old France Under-21 forward has been courted by many of Europe's biggest clubs, but the Scottish champions will do their best to hang onto the star.