Arsenal manager Arsene Wenger has reportedly been given a huge boost in the transfer market today.
The Gunners are looking to strengthen their squad ahead of what they hope will be a challenge for the Premier League title.
They are just one of the clubs to have made today's headlines, though, with Manchester United, Liverpool and Sunderland among the others to feature.
Wenger has been told that he can have whatever transfer funds it takes to secure main targets Alexandre Lacazette, from Lyon, and Valencia defender Shkodran Mustafi. (The Times)
Man United have completed a world record £108.9million deal to sign Juventus midfielder Paul Pogba. (Daily Record)
The deal for Pogba could be confirmed before Man United take on Leicester City in the Community Shield on Sunday. (Daily Telegraph)
Liverpool are set to make a £20million bid for Koln left-back Jonas Hector. (The Sun)
Sunderland will battle Everton for the signing of £30million-rated Liverpool striker Christian Benteke. (Daily Mirror)
West Ham United's £26million pursuit of AC Milan striker Carlos Bacca could hinge on whether the Hammers win their Europa League qualifying game. (Daily Mirror)
Arsenal are likely to have to pay more than £50million to land Julian Draxler from Wolfsburg. (Daily Star)
Manchester City are expected to meet Everton's £50million asking price for defender John Stones. (The Times)
Another player who could be on their way to the Etihad Stadium is Atletico Nacional striker Marlos Moreno after a £15million fee was agreed. (Daily Star)
Chelsea manager Antonio Conte has hinted that the club is on the verge of sealing a club-record deal for Everton striker Romelu Lukaku. (London Evening Standard)
Tottenham Hotspur are interested in Braga midfielder Rafa Silva, who is valued at £10million. (Daily Mirror)
Swansea City are in talks with Sevilla striker Fernando Llorente after a £5million fee was agreed. (Daily Star)
Newcastle United manager Rafa Benitez has suggested he may "move on" from Brighton and Hove Albion player Anthony Knockaert after having a bid knocked back. (Argus)
West Ham United manager Slaven Bilic says he is in the market for a new left-back, with Aaron Cresswell ruled out for four months with a knee injury. Davide Santon is one potential target. (Romford Recorder)
The Hammers have also opened talks with Aston Villa over an £8million move for Jordan Ayew, and hope that will help land his brother Andre from Swansea, too. (The Sun)
Marcos Rojo has rejected a move to Shanghai SIPG from Man United. (Daily Record)
Stoke City are close to signing AFC Wimbledon defender Ryan Sweeney after reportedly agreeing a fee of £250,000. (Stoke Sentinel)