Paris Saint-Germain are set to beat Chelsea to the Argentine's signature but there are plenty of other deals under consideration
Getty1Declan Rice | West Ham to Manchester City
Man City are acutely aware that should something happen to first-choice anchorman Fernandinho, the club's options in the middle of the park are severely limited.
Therefore, speculation is mounting that they could turn to a Premier League rival in order to strengthen that position, in the shape of West Ham wonderkid Declan Rice.
Bookmakers have slashed odds in recent days on him leaving east London, with Pep Guardiola's team said to be a keen admirer of a player who has twice represented Republic of Ireland in friendlies but is now being courted by England.
AdvertisementGetty Images2Callum Hudson-Odoi | Chelsea to Bayern Munich
It is proving to be a busy transfer window for the Blues. While Gonzalo Higuain has arrived, the Londoners are almost resigned to losing one of their most talented youngsters.
Callum Hudson-Odoi has had his head turned by the prospect of regular first-team football with Bayern Munich, who are willing to pay an estimated £35 million ($45.7m) for the teenager's services.
Chelsea have attempted to ward off the Bavarians' interest with a lucrative new contract, but the academy product looks set to follow in the footsteps of fellow winger Jadon Sancho by leaving England for Germany.
Getty/Goal3Denis Suarez | Barcelona to Arsenal
Previously touted as one of Barcelona's most promising talents, Denis Suarez has failed to win over coach Ernesto Valverde and, thus, finds himself way down the midfield pecking order at Camp Nou.
Wednesday's news that Frenkie de Jong will be arriving in Catalunya this summer only makes a move away even likelier for the 25-year-old with one Spain cap to his name.
A loan move to Arsenal remains a distinct possibility, although the Gunners' reluctance to accept a compulsory purchase clause for the end of the season has seen talks stall.
Getty Images4Leandro Paredes | Zenit to PSG
Zenit's Leandro Paredes was seen by Chelsea boss Maurizio Sarri as the perfect replacement for Cesc Fabregas, who departed for Monaco earlier this month.
The Blues, though, were frustrated by the Russians' dismissal of their €30m (£27m/$34m) valuation of the Argentina international.
As a result, the playmaker is now set to join Paris Saint-Germain, who have missed out on De Jong and are, therefore, willing to pay a whopping €40 million (£34.9m/$45.5m) for Paredes, with a further €5m (£4.1m/$5.7m) to be paid in commissions.