Manchester City are ready to make an opening bid of around £75m for Jack Grealish but Aston Villa are holding out for a British record £100m fee for their talisman.
David Moyes hopes to bring defender Phil Jones to West Ham on a free transfer should Manchester United decide to let him leave and get his wage off their bill.
Newcastle hope for a decision from Arsenal on Joe Willock by the end of the week while Steve Bruce is also pushing to sign Marseille midfielder Boubacar Kamara.
Liverpool boss Jurgen Klopp is prioritising Wolves winger Adama Traore as he looks to add to his attacking options this summer, but he will face competition from Chelsea.
Arsenal's hopes of re-signing Martin Odegaard might not be over, but they will almost certainly depend on whether Real Madrid are able to offload Isco.
Real Madrid president Florentino Perez continues to prioritise a move for PSG forward Kylian Mbappe, which was part of the reason for allowing high-earning Raphael Varane to leave the club.
Arsenal will make Brighton defender Ben White their third arrival of the summer transfer window in a £50m deal but will now have to sell multiple squad players to balance their books.
Jesse Lingard is likely to be among players to leave Manchester United if they need to raise any significant funds to bring in further players, Kieran Trippier being their No 1 target.