Bayern prepared to bid for Barcelona forward Dani Olmo

Bayern Munich are prepared to make an offer of around £69m for Barcelona and Spain forward Dani Olmo, 28, according to Spanish reports.

At Real Madrid, defender Trent Alexander-Arnold, 27, is reportedly not considering a move away from the club despite interest from both Arsenal and Liverpool in the England international.

Manchester United are said to be monitoring Barcelona's 22-year-old Spain left-back Alejandro Balde, who could potentially leave the Catalan club in January.

Van de Ven linked with Premier League move

Both Liverpool and Manchester United have been linked with Tottenham's Netherlands defender Micky van de Ven, 25, though a significant fee would be required to secure his signature.

At AC Milan, England pair Fikayo Tomori, 28, and Ruben Loftus-Cheek, 30, are expected to depart next year once their contracts expire in June.

Bayern Munich are also said to have an interest in Benfica's 24-year-old Portugal defender Tomas Araujo.

Barcelona continue to monitor Norway striker Erling Haaland, with reports suggesting the 26-year-old could become a more realistic target next summer following Manchester City being found guilty of breaching the Premier League's financial rules.

AS Roma are reportedly expected to raise their asking price for Chelsea-linked midfielder Manu Kone, 25, to £86m in January, after Chelsea are said to have turned down a chance to sign the France international for £43m over the summer.

Real Madrid defender Raul Asencio, 23, reportedly received several major offers over the summer, including from Chelsea and Liverpool, but opted to remain at the club.

Spain full-back Alex Jimenez's loan move from Bournemouth to Fiorentina is said to include a buy option worth £17m for the Italian side.