Newcastle and Arsenal are among a number of Premier League clubs interested in signing Wolfsburg's Dutch striker Wout Weghorst, 27, for 35m euros (£31.9m).

Liverpool have emerged as favourites to sign Thiago Alcantara for about £43m after the Spain midfielder, 29, broke off contract negotiations with his current club Bayern Munich.

Belgium right-back Thomas Meunier will join Borussia Dortmund from Paris St-Germain on a free transfer when his contract ends this month. The 28-year-old has signed a four-year deal with the German club.

RB Leipzig would rather sell 21-year-old French defender Dayot Upamecano, who has been linked with Arsenal, than lose him on a free transfer when his contract expires in June 2021.

Manchester City winger Leroy Sane will sign a five-year contract with Bayern Munich. But the 24-year-old Germany international will not become the highest-paid player at the German champions.