Real Madrid are preparing a blockbuster move for Bayern Munich and France forward Michael Olise, with the deal potentially reaching 220 million euros (£188m), according to reports in Spain.

The Spanish giants are not the only club making waves in what promises to be a busy summer window, with several Premier League sides also plotting significant moves.

Tottenham hunt Leao and eye Gakpo and Savinho

Tottenham are exploring a potential transfer for AC Milan and Portugal forward Rafael Leao, 27, with the player reported to be open to a move to London. The north London club are also keeping tabs on Liverpool forward Cody Gakpo, 27, and Manchester City winger Savinho, 22, as potential summer arrivals.

Tottenham defender Radu Dragusin is meanwhile heading in the opposite direction, with the Romanian set to join Fiorentina on an initial loan that includes an obligation to buy worth up to £21.4m if certain conditions are met, according to Sky Sports.

Arsenal and Liverpool chase Barcola

The future of Paris St-Germain forward Bradley Barcola, 23, remains up in the air, with both Arsenal and Liverpool reportedly in contention to sign the France international this summer.

Newcastle, Manchester United, and Chelsea business

Newcastle have pinpointed Germany and Stuttgart midfielder Angelo Stiller, 25, as their primary target to reinforce their engine room. Manchester United, meanwhile, are reportedly monitoring Paraguay and San Lorenzo goalkeeper Orlando Gill, 26.

Chelsea and England defender Trevoh Chalobah, 26, is said to favour a summer switch to Inter Milan over other potential destinations.

More moves across Europe

Ivory Coast midfielder Christ Inao Oulai, 20, of Trabzonspor has attracted interest from Juventus, Fiorentina, Brentford, Brighton, and RB Leipzig, according to Italian outlet La Gazzetta dello Sport.

Hull City are targeting Napoli and Serbia goalkeeper Vanja Milinkovic-Savic, 29, as they prepare for a return to the Premier League. Sporting and Portugal defender Gonçalo Inacio, 24, has also emerged as a top target for AC Milan, who are looking to shore up their defence ahead of next season.