Manchester City face a substantial financial hurdle in their reported pursuit of Chelsea midfielder Enzo Fernandez, with the Argentina international set to cost north of £120m if a deal is pursued in the closing fortnight of the transfer window, according to the Telegraph.

Chelsea are demanding a significant premium for the midfielder, underlining their determination to hold onto key assets unless clubs are willing to meet their valuation in full.

Neto draws interest from across the Premier League

Also at Stamford Bridge, Portugal winger Pedro Neto, 26, is attracting attention from a host of clubs. Chelsea would demand close to £100m for the former Wolverhampton Wanderers man, who moved to west London for £54m in 2024. Saudi Pro League side Al-Hilal are said to be exploring a move, but they face competition from Manchester City, Arsenal, and Tottenham, all of whom are monitoring the situation, per Metro.

United offered Casado as Fernandes eyes Galatasaray windfall

Manchester United have received an approach regarding Barcelona midfielder Marc Casado, 22, who the Catalan club have made available for transfer, according to Spanish outlet Sport.

Meanwhile, Galatasaray have made a bold move to prise Bruno Fernandes away from Old Trafford — despite United's reluctance to sell. The Turkish side have reportedly offered the Portugal captain £18.3m per season, a figure that represents double his current wages, per the Telegraph.

Liverpool eye PSG duo in £155m double deal

Liverpool remain interested in signing two Paris St-Germain forwards: France winger Bradley Barcola, 23, and Senegal forward Ibrahim Mbaye, 18. A combined fee in the region of £155m has been discussed for the pair, according to Teamtalk.

Kane close to new Bayern deal; Kean, Moreira, and Vardy on the move

Bayern Munich are optimistic about tying Harry Kane, 33, to a new contract ahead of the England forward entering the final year of his current deal, German publication Bild reports.

In Serie A, Como have submitted an offer to sign Fiorentina striker Moise Kean, 26, on loan with an obligation to buy — a package valued at £25m, according to La Gazzetta dello Sport. AC Milan, meanwhile, have agreed a £34m deal to bring Belgium winger Diego Moreira, 22, to San Siro from Strasbourg, per Corriere dello Sport.

Leeds have granted Suriname striker Joel Piroe, 27, permission to undergo a medical at West Ham, with Sky Sports reporting the move is progressing. Finally, free agent Jamie Vardy, 39, has attracted interest from Sao Paulo and West Ham among others, according to talkSPORT.