Real Madrid president Florentino Perez is reportedly planning a major move for Bayern Munich winger Michael Olise, per Sport Bild. The 24-year-old’s contract, running until 2029 without a release clause, has left Bayern reluctant to let him leave. Liverpool also monitors Olise as a potential successor to Mohamed Salah, whose Anfield exit looms. Meanwhile, Chelsea targets Rayane Messi, the 18-year-old son of Lionel Messi, currently on loan at Saudi Pro League club Neom. BlueCo, Chelsea’s owners, oppose his departure from their network, complicating the transfer. Bayern, Barcelona, and PSG have shown interest, but Chelsea remains determined.

Arsenal is holding firm on defender Riccardo Calafiori despite AC Milan, Juventus, and Napoli’s interest. The 23-year-old, settled in London, has no plans to leave the Emirates. Chelsea’s pursuit of Rayane Messi faces hurdles, as BlueCo blocks his exit from their multi-club ecosystem. Bayern, Barcelona, and PSG have inquired, but a move to Stamford Bridge seems unlikely.

AC Milan and Inter are competing for Bayern’s Leon Goretzka, 31, as his contract expires. Milan has initiated contact, while Inter seeks a deal akin to their past signings of Hakan Çalhanoglu and Henrikh Mkhitaryan. Arsenal leads the race for Goretzka. Marseille eyes Jonathan David, 26, if they qualify for the Champions League, but Premier League clubs like Tottenham and West Ham previously targeted him in January. Paulo Fonseca’s Lyon tenure deters David from considering Ligue 1.

Rocco Reitz’s €20 million move to RB Leipzig includes potential bonuses, per Plettenberg. Juventus and Dusan Vlahovic near a contract renewal, with his current deal expiring this season. Feyenoord and Wolves are set to discuss Max Aarons’ future with Bournemouth, while Porto explores a loan. These transfers highlight European clubs’ aggressive summer strategies, balancing financial constraints and player ambitions.