Tottenham Hotspur have identified Marcus Rashford as a transfer target, though The i Paper reports they won't trigger his £40m release clause. The Manchester United forward's future remains uncertain amid reports of the club's willingness to cut losses on other signings.

Spurs are also pursuing Newcastle's Sandro Tonali in an £85m deal, according to the Daily Mail, though Arsenal may hold the advantage in attracting the Italian midfielder. Meanwhile, Morgan Rogers has expressed interest in joining Premier League champions Arsenal, adding to the Gunners' potential summer activity.

Manchester United could sell Manuel Ugarte this summer, accepting a loss on the £42m investment made just months ago. On the managerial front, former Manchester City defender Martin Demichelis has taken charge at RB Leipzig, bringing Premier League experience to the Bundesliga side.

These moves reflect Tottenham's aggressive rebuild under Ange Postecoglou, while Arsenal's potential double signing signals their intent to strengthen immediately after their title triumph.