Liverpool and Real Madrid will both try to sign France striker Kylian Mbappe, 21, from Paris St-Germain next summer.
Real Madrid have no interest in signing England midfielder Dele Alli, 24, from Tottenham.
Crystal Palace have denied making a £25m offer for Liverpool and England Under-21 striker Rhian Brewster, 20.
Everton are in talks to sign Atletico Madrid and Colombia full-back Santiago Arias, 28.
Porto left-back Alex Telles is hopeful of sealing a move to Manchester United but the clubs are yet to agree a fee for the 27-year-old Brazil international.
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