Chelsea and Arsenal ready big bids while Newcastle target would cost £8m

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Transfer speculation is beginning to heat up, with Premier League clubs putting the finishing touches to their squads ahead of the season.

Some of the top sides in the league have been linked with big-money moves in recent days.

Today, the likes of Chelsea, Arsenal, Manchester United and Newcastle United have made the headlines.

Chelsea are set to increase their bid for defender John Stones to £26million – but Everton want £34million. (Daily Mirror)

Arsenal are ready to make an improved offer for Real Madrid striker Karim Benzema after having a £31million bid turned down. (Daily Telehgraph)

Juventus want to sign Chelsea winger Juan Cuadrado on loan, but the Premier League champions would rather sell him for £18million, £5million less than they paid for him in January. (The Sun)

Reported Newcastle, Southampton, Crystal Palace, Leicester City, West Bromwich Albion and Aston Villa target James Chester could be available for £8million. (The Sun)

Man United manager Louis van Gaal thinks Real Madrid forward Cristiano Ronaldo is out of reach, but he wants to add extra firepower to his squad. (Manchester Evening News)

Paris Saint-Germain striker Zlatan Ibrahimovic has played down quotes attributed to him relating to interest from Man United. (London Evening Standard)

Arsenal are at the front of the queue to sign Juventus striker Fernando Llorente. (Tuttosport)

Liverpool are battling Arsenal and Bayern Munich to sign Juventus winger Kingsley Coman. (talkSPORT)

Everton are willing to pay £10million to land Celtic defender Virgil van Dijk. (Daily Mail)

Meanwhile, it is relatively quiet on the transfer front at Sunderland.