Olympiakos are in negotiations with Leicester to sign their Algerian winger Rachid Ghezzal.

The 27-year-old, who cost Claude Puel £12m from Monaco a year ago, is today in talks with the Athens club, who are keen to agree a deal ahead of their deadline day on Saturday. [SSN]

Jorge Mendes is conducting talks between Sporting and Real Madrid over a potential £65m deal for Bruno Fernandes, who would be signed as an alternative to Paul Pogba, according to Correio da Manha

PSG will make a move for Borussia Dortmund full-back Raphael Guerreiro, but only if Neymar or Julian Draxler leaves the club, reports Bild

West Ham are close to agreeing terms with Manuel Lanzini on a new long-term contract, Sky Sports News understands.

The Argentina attacking midfielder has only 12 months left to run on his current contract at the London Stadium and is yet to sign an extension.

Monaco are still bidding to push through a potential loan deal for Chelsea misfit Tiémoué Bakayoko. (Source: RMC Sport)

Alexis Sánchez is set to complete his Inter move imminently. The Italian side will pay Manchester United €5m for the loan. (Source: Corrire della Serra)

Arsenal have been told to lower their £25m asking price for Shkodran Mustafi by the defender's father and agent, reports Tuttosport.

"It's best for both sides to work on a transfer but for that it also needs market-driven transfer fees," Kujtim Mustafi said.

João Mário is on the verge of joining Lokomotiv Moscow on loan from Inter Milan with an option to buy. (Source: Sky Italy)

Former Newcastle United and Crystal Palace midfielder Yohan Cabaye is expected to sign with Saint-Etienne on a free transfer, according to L'Equipe.

Bordeaux are interested in Arsenal midfielder Mohamed Elneny and will attempt to sign the 27-year-old on loan, according to Foot Mercato.

Real Sociedad are close to acquiring Monreal's services. Player's camp are 'optimistic' a deal will be agreed in the coming days. [@ondavasca] (mistni radio)

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Lille have agreed a deal in principle with Bayern Munich to sign midfielder Renato Sanches for €20m plus bonuses. (Source: Sky Germany)

Sunderland are close to being taken over by American investors MSD Capital.

The group presided by Glenn Fuhrman, John Phelan and Robert Platek are close to agreeing a deal to take a controlling share in the club from current owner Stewart Donald.

MSD Capital also include multi-billionaire Michael Dell, the tech magnate behind Dell Technologies, ranked as one of the richest men in the world by Forbes.

Donald, who bought the League One club for £40m in May 2018, told fan podcast Roker Report last week that the deal is ‘hugely exciting’.

“We’ve got a preferred partner, someone that we think can really do what we’ve talked about doing and come with us to take the club to the next level,” he said.

“I hope that we can get the deal over the line because I think it’s a hugely exciting deal for all the right reasons."

Arsenal and Tottenham are reportedly considering making a bid for Rennes midfielder Eduardo Camavinga, according to L'Equipe. The young Frenchman has enjoyed a stellar breakthrough 2019 in Ligue 1, and set up Rennes' winner against PSG last weekend.

Borussia Dortmund, Real Madrid, Barcelona, and Bayern Munich are all also said to be interested in the youngster.

Leicester midfielder Adrien Silva is set to complete a loan move to Monaco in the next few days, Sky Sports News understands.

Juventus forward Paulo Dybala would be the preferred choice of Paris Saint-Germain sporting director Leonardo to replace Neymar if the wantaway forward leaves the Parc des Princes, according to Sky Sport Italia.

Southampton goalkeeper Fraser Forster is due to have a medical with Celtic today, ahead of a return on loan to the club he left five years ago, Sky Sports News understands.