Juventus are willing to pay £50m to sign Liverpool winger Raheem Sterling, 20, while 22-year-old midfielder Paul Pogba could leave the Serie A side for Manchester United or Chelsea.
As many as 10 players could leave Liverpool this summer, with defenders Glen Johnson and Martin Skrtel, both 30, and Kolo Toure, 34, among those likely to depart.
But PSV Eindhoven’s Netherlands forward Memphis Depay, 21, could move to Anfield, though Manchester United also want him.
Manchester City are likely to miss out on Wolfsburg midfielder Kevin de Bruyne after the 23-year-old, who is rated at £45m by his club, indicated he wants to stay in Germany.
Outgoing Borussia Dortmund boss Jurgen Klopp, 47, has turned down an offer to take over at West Ham – but boss Sam Allardyce, 60, is still set to be sacked by the Hammers this summer.
Blackburn Rovers want around £7m for forward Rudy Gestede, who has scored 17 goals in 36 Championship games this season. Rovers have already rejected a £3.5m bid from Crystal Palace for the 26-year-old.