Tottenham and Liverpool are vying for Luis Diaz as the January transfer window draws to a close.
Spurs are also ready to let midfielder Tanguy Ndombele go, with the Frenchman apparently close to a loan transfer to Paris Saint-Germain as the club looks to bring in new players, but a deal for Adama Traore has fallen through.
According to The Athletic, Liverpool is now the favorites to get the Porto winger and is closing in on a €72 million deal.
Arsenal target Dusan Vlahovic is likely to complete his contentious transfer from Fiorentina to bitter rivals Juventus in what seems to be one of the largest January moves in history.
The Gunners, on the other hand, are on the brink of bringing in a new goalkeeper in the shape of Matt Turner.
In other news, Liverpool has rejected bids from both Leeds United and Monaco for rarely-seen attacker Takumi Minamino, while Aston Villa has signed Calum Chambers on a permanent contract from Arsenal, who are thought to be close to signing American goalkeeper Matt Turner this summer.
Manchester United midfielder Marcus Rashford has been linked with a summer move to Paris Saint-Germain, while Chelsea is still interested in Barcelona winger Ousmane Dembele.
Newcastle, for their part, is thought to be optimistic about securing Lyon midfielder Bruno Guimaraes during the last days of the transfer season.
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