Manchester United agreed a £22m fee with Benfica winger Nicolas Gaitan this summer, according to A Bola.
The 27-year-old Argentine was heavily linked with a switch to Old Trafford but no move materialised.
And it is claimed that Louis van Gaal decided not pursue a deal, despite the fee agreement, instead bringing in Memphis and Anthony Martial.
Liverpool boss Jurgen Klopp is weighing up whether to recall Lazar Markovic from his loan spell at Fenerbahce in January, the Liverpool Echo report.
The Reds included an option to recall the Serbia international in the winter transfer window when they allowed him to leave on a season-long loan in the summer.
The 21-year-old struggled in his first season at Anfield, often being played out of position by Brendan Rodgers, but new manager Jurgen Klopp is a keen admirer of his talents.
Arsenal face a battle with Manchester City for Sevilla midfielder Grzegorz Krychowiak, theManchester Evening News claim.
The Gunners were heavily linked with the Poland international over the summer and he has a £21m release clause in his contract.
But City are now ready to challenge for his signature, and will see him at first hand tomorrow when they face Sevilla in the Champions League.
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