Look! Football transfer latest - Paris St-Germain want £188 million from Real Madrid for Kylian Mbappe

Real Madrid will have to pay Paris St-Germain £188 million if they are to sign their 22-year-old France forward Kylian Mbappe. The Spanish giants have made a £137 million bid but PSG say that is not enough for the World Cup winner who has scored 133 goals in 174 games for them and won three Ligue 1 titles and three French Cups. He cost the Ligue 1 side £165.7 million when he arrived back in 2017 from Monaco but his contract expires next year. PSG are keen to recoup most of their outlay on the player who says he wants to leave but Real’s offer falls short of what they deem acceptable.

Manchester City may have missed out on signing Harry Kane from Tottenham but they are believed to be keen on signing Juventus and Portugal forward Cristiano Ronaldo instead. The arrival of the 36-year-old would certainly soften the blow of missing out on the England striker. Ronaldo is keen to leave the Turin side and would cost just £25 million but his wages would be astronomical, however, City are ready to pay him what he wants.

Meanwhile, Kane is upset with Tottenham chairman Daniel Levy as he wouldn't sanction his sale to City. The striker had made clear earlier this summer that he wanted to leave the North London club but now he will be staying for at least one more year. But with age against him, perhaps his chance for a big move has now gone...

Chelsea were after Borussia Dortmund striker Erling Haaland this summer but were priced out of a move for the Norway star after his agent Mino Raiola demanded massive fees for himself as well as Premier League record wages for the 21-year-old in the £275m package. The Blues ended up signing Romelu Lukaku from Inter Milan instead for £97.5 million and he got off to a dream debut by scoring the first against Arsenal in a 2-0 win last week.

Man City coach Pep Guardiola could leave the club when his deal runs out after the 2022-23 season. He may take a break from football and then return by becoming a national team boss.

Arsenal coach Mikel Arteta is still in danger of losing his job despite the Gunners' 6-0 win against West Brom in the Carabao Cup last night. But, they have made a poor start to the Premier League season face champions Man City next. Former Chelsea and Inter Milan coach Antonio Conte could replace him.

Having already signed striker Tammy Abraham from Chelsea, Roma manager Jose Mourinho is planning a £13.5m bid for Blues midfielder Ruben Loftus-Cheek. The 25-year-old briefly worked with Mourinho during the Portuguese's second stint at Stamford Bridge.

Barcelona and Atletico Madrid have both expressed an interest in signing Manchester City's Portuguese midfielder Bernardo Silva this summer. Both clubs are said to favour a loan deal for the 27-year-old.

Barcelona and Spain midfielder Sergio Busquets has agreed to take a further pay cut and wage deferral to help the Spanish giants reduce their wage bill.

Everton's Brazil striker Richarlison could be heading to Paris St-Germain as a replacement for Kylian Mbappe and the Toffees may look to fill the void by snapping up Joaquin Correa. But the 27-year-old forward - who scored 11 goals and got six assists last season - is also wanted by Inter Milan.