Transfer Talk: West Ham's Declan Rice tops Arsenal list with Mikel Arteta given a £150m budget

The transfer window may be closed around Europe, but teams are looking ahead to the summer and there's plenty of gossip swirling around. Transfer Talk brings you all the latest buzz on rumours, comings, goings and, of course, done deals!

TOP STORY: West Ham's Rice tops Arsenal's list

Arsenal will hand Mikel Arteta a £150 million transfer budget to bring in three key players with West Ham United defensive midfielder Declan Rice the priority for this summer, according to the Independent.

Rice, 24, is reported to be the first signing that the Gunners will attempt this summer, with the Premier League side also looking to add a defender and a striker.

While the England international's contract is set to enter its final year in June, the Hammers have the option to activate a clause that would extend his stay at the London Stadium by a further year. ESPN sources revealed that David Moyes' side would be looking for a fee of £100m before agreeing to offload him.

Arsenal are also said to be interested in Brighton's Moises Caicedo, Bayer Leverkusen winger Moussa Diaby, and Crystal Palace defender Marc Guehi.

Meanwhile, the Times claims that West Ham could move to bring in Manchester City's Kalvin Phillips as Rice's replacement.

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21.30 BST: Manchester City are close to signing U-16 England international goalkeeper Spike Brits from AFC Wimbledon, according to Fabrizio Romano.

The 15-year-old has Manchester United, Tottenham Hotspur and Brighton interested in him, but City are in the lead to get his signature.

20.53 BST: Leicester City could see a mass exodus at the club this summer as they fight against relegation, and Harvey Barnes might join that list, according to the Sun.

Tottenham and Aston Villa are among the clubs tracking the 25-year-old, and Leicester will listen to offers around £60m for the midfielder who has scored 10 goals in 30 appearances this season so far.

Harvey would follow fellow teammate and England international James Maddison out of the door.

19.54 BST: Arsenal are ready to submit an offer to sign Real Valladolid defender Ivan Fresneda, according to Football Insider.

The Gunners tried to land the 18-year-old in January but failed, and are poised to submit an offer of £20million for his services. There is also interest in Fresneda from Borussia Dortmund and Newcastle United.

The Spaniard has made 21 senior appearances for the LaLiga side this season and 16 starts.

18.47 BST: Erik ten Hag is interested in signing right-back Jeremie Frimpong from Bayer Leverkusen this summer, according to the Mirror.

Ten Hag will look to bolster Manchester United's defense, and the 22-year-old Dutch international could be a part of those plans as the future of Aaron Wan-Bissaka is uncertain at Old Trafford. Frimpong is currently under contract at Leverkusen until 2025.

17.52 BST: Tottenham Hotspur has held talks with former Bayern Munich manager Julian Nagelsmann to take over, according to Sky Germany.

The 35-year-old was recently sacked by the German giants, while Spurs let go of Antonio Conte earlier this year after struggling this season. Reports say that Spurs owner Daniel Levy is pushing for Nagelsmann, who wants a say in transfer decisions at the north London club.

16.53 BST: Should Christian Pulisic leave Chelsea?

15.32 BST: Sky Sports claims Saudi Arabian side Al Hilal want to hand Lionel Messi a total package of $500m to sign from Paris Saint-Germain when his contract expires.

The contract would see Messi become the highest-paid player in history at over $200m a season.

Messi, 35, will leave PSG at the end of the season when his contract expires, sources told ESPN.

Last month, ESPN reported that Messi was unlikely to sign a new contract with the club, and sources have now said that both parties have agreed not to extend his stay with the French champions.

Cristiano Ronaldo joined Saudi Arabia's Al Nassr after leaving Manchester United in controversial fashion in December 2022. He signed a $220m contract through to the summer of 2025 and, according to Forbes, earns $75m per year.

14.58 BST: Napoli president Aurelio De Laurentiis says he will not let star striker Victor Osimhen leave this summer.

Osimhen, 24, has 27 goals in 34 games this season as Napoli won the Serie A title this season.

Reports suggest that Bayern, Man United and Chelsea are just some of the clubs keen on landing the Nigeria international for over €120m, but De Laurentiis told Rai Sport show 'Cinque Minuti': "I will not sell Victor Osimhen this summer - no way!"

He also said that coach Luciano Spalletti could agree a contract extension, adding: "He's a legend I've been chasing for at least 10 years. I finally brought him to Naples after the Covid crisis and I hope to open a cycle with him, because he is a great leader. I exercised the clause for the renewal of the contract, now it's up to him to say the word... Luciano declared that he fell in love [with Naples], here he has become a hero and it is right that he enjoys it."

14.10 BST: Eintracht Frankfurt's Randal Kolo Muani is a target for Bayern Munich, claims the Independent.

Kolo Muani, 24, has scored 21 goals in 41 games since arriving from Nantes on a free transfer in the summer.

After impressing at the World Cup for France, the striker is rated at around €100m with Bayern leading the chase, alongside Manchester United and Chelsea.

13.17 BST: Marca says that Bayer Leverkusen winger Moussa Diaby is the subject of interest from Real Madrid.

Diaby, 23, has 14 goals and 11 assists in 43 games this season. He has a contract which expires in 2025 and Leverkusen would reportedly be willing to spend around €50m to bring him in as a replacement for Eden Hazard.

Arsenal and Newcastle have also been linked with the France international in the past.

12.42 BST: Liverpool have some midfield changes to make this summer, with Mason Mount, Alexis Mac Allister and Ryan Gravenberch on their list, according to Football Insider.

With a number of existing Liverpool midfielders set to leave -- Naby Keita, Alex Oxlade-Chamberlain and James Milner among them -- Jurgen Klopp is reportedly ready to move for the trio at a cost of over €175m.

Chelsea's Mount is set to depart Stamford Bridge after falling down the pecking order, while €80m-rated Mac Allister is keen to move away from Brighton after his success in helping Argentina to win the 2022 World Cup.

Gravenberch, 20, has not settled at Bayern Munich and could also look to seal a transfer this summer.

12.04 BST: Speaking of Chelsea, the Daily Telegraph has some news on their next transfer moves.

A goalkeeper is a priority, with Edouard Mendy set to leave after failing to agree a contract extension and being replaced as No. 1 by Kepa Arrizabalaga. Inter Milan's Andre Onana, who could cost around €50m to sign, is the top target.

Former Tottenham and PSG boss Mauricio Pochettino is expected to be announced at the club's new manager soon and would need to give the green light to a move for the Cameroon international, but the club also need a striker and midfielder this summer.

Up front, the report claims Napoli's Victor Osimhen is on the shortlist at over €120m but Atalanta striker Rasmus Hojlund could be a cheaper option.

11.25 BST: Does owner Todd Boehly know what he's doing at Chelsea?

10.23 BST: Arsenal want to bring in a new centre-back this summer and are tracking Dinamo Zagreb defender Josip Sutalo, says The Evening Standard.

Sutalo, 23, made his senior debut for Croatia last year and was part of the 2022 World Cup squad in Qatar.

Dinamo are looking for a €20m transfer fee, but the Gunners are also exploring a deal to sign Crystal Palace's Marc Guehi.

09.47 BST: Chelsea need a new No. 9 striker, despite all their spending, and want Inter Milan's Lautaro Martinez, according to Football Insider.

Martinez, 25, has 23 goals and nine assists from 48 games this season, with the Argentina international ready to move on from Italy for around €80m to help Inter's financial issues.

Chelsea striker Romelu Lukaku could be included as part of the deal, with the Belgium star spending the past season on loan at Inter and having no future at Stamford Bridge under incoming boss Mauricio Pochettino.

09.16 BST: Carlo Ancelotti has denied that Real Madrid are playing for his future as coach in Saturday's Copa del Rey final and Tuesday's Champions League semifinal first leg with Manchester City.

After missing out on the LaLiga title, trailing 14 points behind leaders Barcelona with five games left, Madrid's season will now be defined by the cup clash with Osasuna in Seville -- their first Copa del Rey final in nine years -- and then the Champions League game with City three days later.

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"It's the Copa del Rey final and a semifinal, that's all. I'm not playing for my life," Ancelotti said in a news conference on Friday. "It's a trophy, and then we have a semifinal to prepare for... My future is clear. My contract ends on June 30, 2024, not tomorrow."

09.00 BST: Mikel Arteta said Arsenal are edging closer to agreeing a new contract with defender William Saliba, insisting "it is about timing, nothing else."

The Gunners signed Saliba from Saint-Etienne for £27m in 2019 but immediately sent him on a series of loans, initially back to his former Ligue 1 club before spells at Nice and Marseille.

It appeared at one stage that Saliba may never play for Arsenal but after winning Ligue 1 Young Player of the Year with Marseille, the 22-year-old was reintegrated into the first-team squad last summer and has been one of their key players during an improbable Premier League title challenge.

ESPN reported on Jan. 17 that the club were stepping up talks with Saliba, who has just over a year left on his current contract, after he had rejected their most recent offer with the two parties thought to be some way apart in terms of the salary being proposed.

While admitting there was no public update to provide, Arteta allayed fears the situation had stalled again when speaking on Friday ahead of Arsenal's crucial weekend trip to Newcastle.

"We want to keep our best talent," he said. "Especially the players that deserve some recognition. I think he has been incredible since he came back from his loan period and we want to reward him, that is for sure. We will find the right moment to do that.

"Obviously [technical director] Edu and the board are on top of every negotiation regarding new contracts and now we are doing everything we possibly can to do that in the right moment at the right time.

"The communication and the relationship is super. It is about timing, I think. Nothing else."

Why it's time for Christian Pulisic to leave Chelsea

Steve Nicol explains why he thinks Christian Pulisic should leave Chelsea in the summer transfer window.

PAPER GOSSIP (by Adam Brown)

- Liverpool are pressing to sign Sporting CP defender Goncalo Inacio, says Le Parisien. It is reported that the Reds have already enquired about the 21-year-old but with the Lisbon side looking to extend his contract, which includes a release clause of €45m.

- Brighton midfielders Moises Caicedo and Alexis Mac Allister are attracting plenty of interest of late, but the Seagulls will reject offers of £70m, writes Sky Sports. Mac Allister, 24, has been linked with Liverpool over the past week, but with no release clause in his contract, Jurgen Klopp's side will need to make a significant offer to land him. That also looks to be the case for 21-year-old Caicedo, who has also been on the radar of Premier League teams but signed a new contract recently.

- Athletic Club centre-back Inigo Martinez will be allowed to leave Barcelona on loan if the club are unable to register him, reports Sport. The 31-year-old has reportedly already agreed to join the Blaugrana on a two-year contract, though his representatives ensured that a clause in the deal will allow him to leave if there are registration problems before the start of next season.

- Total agreement has been reached between Real Madrid and midfielder Luka Modric over a new contract, reveals Relevo. Talks have been ongoing throughout the year, with manager Carlo Ancelotti keen to keep the 37-year-old at the club, and it looks as though he is now set to stay at the Santiago Bernabeu until the summer of 2024.

- Real Madrid are also interested in signing a Palmeiras duo, says Ekrem Konur. Carlo Ancelotti's side are said to be keeping an eye on defender Vanderlan and midfield star Gabriel Menino, with Los Blancos looking to continue their trend of signing players from the Brazil's top flight.