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Real Madrid are lining up a £130m move for Bayern Munich winger Michael Olise, Arne Slot turns down Fulham after being sacked by Liverpool and Newcastle United are close to making their first summer signing.

Real Madrid will make a £130m move for Bayern Munich and France winger Michael Olise, 24, if Florentino Perez is elected as the club's president. (Telegraph

Barcelona's move for Argentina striker Julian Alvarez has stalled and Atletico Madrid are planning for next season with the 26-year-old among their ranks as, while Arsenal are also interested, he is not keen on a move to London. (Cadena Ser

AC Milan forward Rafael Leao, 26, says he needs a new challenge, with the Portugal international believing a move to the Premier League or La Liga would suit him. (Sport TV, via Football Italia)

RB Leipzig remain confident that 19-year-old Ivory Coast forward Yan Diomande will stay at the club this summer despite Liverpool's growing determination to sign him. (Teamtalk)

Newcastle United are set to make their first signing of the summer after agreeing a £24m deal for Reims' 20-year-old French goalkeeper Ewen Jaouen. (Northern Echo)

Newly promoted Hull City are exploring the conditions to sign 19-year-old Venezuelan winger Luis Fernando Carrero from Deportivo Tachira this summer, and then loan him to NK Maribor. (Sky Sports)

Barcelona will move to sign Marc Cucurella, 27, from Chelsea should they decide to sell fellow Spanish defender Alejandro Balde, 22, this summer. (Marca