Arsenal has reached an agreement in principle to pay Newcastle United €90 million (£77 million) for Brazilian midfielder Bruno Guimaraes, 28. This significant move highlights Arsenal's ambition in the transfer market, as they look to bolster their squad for the upcoming season.

In a separate development, Inter Milan is willing to pay £30 million for Curtis Jones, the England midfielder. However, Liverpool values the 25-year-old at £35 million, creating a potential stalemate in negotiations.

Meanwhile, Cristian Romero's transfer from Tottenham Hotspur to Inter Milan has stalled due to personal terms. The Argentine defender's representatives are now exploring options in Spain, with interest from Real Madrid, Barcelona, and Atletico Madrid for the 28-year-old.

AC Milan has initiated contact with Arsenal regarding a potential deal for English winger Ethan Nwaneri, 19, indicating the growing interest in young talent.

In the realm of contract renewals, Real Madrid has no plans to improve their latest offer to Vinicius Jr. The Brazil forward, 26, may be sold if he does not agree to a new contract soon.

Newcastle United is closing in on the £25 million signing of Czech Republic goalkeeper Lukas Hornicek, 24, from Braga.

Hull City faces competition from Leeds and West Ham in their pursuit of Ivorian midfielder Amadou Kone, 21.

Lastly, West Ham is looking to secure Morgan Whittaker, 25, from Middlesbrough before the new season kicks off, while Middlesbrough is finalizing a deal for USA wing-back Max Arfsten, 25, from Columbus Crew worth up to £5.6 million.