Chelsea target Douglas Costa has confirmed that Bayern Munich are interested in signing him, but that no deal is yet on the table.
The Guardian reports that the 24-year-old attacking midfielder, who plays for Shakhtar Donetsk, is the subject of talks between the Ukrainian club and the Bavarians.
The Bundesliga champions are eager to sign him as an option on the wings, and an eye on the future, with Franck Ribéry nursing a long-term injury and Arjen Robben turning 32 in January.
Chelsea have tabled a £6 million bid for Asmir Begovic as they prepare to replace Petr Cech.
Today's Daily Telegraph claims Jose Mourinho has made his move for the Stoke City goalkeeper and is hopeful of signing Begovic this week after extensive negotiations between the two clubs on Monday.
Stoke have rejected the opening offer and are holding out for a figure over £8 million while they are also interested in taking a player on loan next season.
But Chelsea are expected to return with an improved bid nearer Stoke's valuation and want to complete a deal in the next 48 hours.
Inter Milan have expressed an interest in John Obi Mikel as back-up in case they fail to sign Felipe Melo from Galatasaray.
The Nigerian struggled to make an impact in Jose Mourinho's first team last season following the brilliant form of Nemanja Matic.
The Daily Mail suggests Blues boss Mourinho is keen to try and keep Mikel, but knows it will be hard to try and persuade the 28-year-old to settle for a place on the bench at Stamford Bridge.
Arsenal have ended their interest in Chile international Arturo Vidal and are also yet to follow up an enquiry for Morgan Schneiderlin as Arsène Wenger reviews whether he still needs another central midfielder this summer.