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Transfer Talk: Real Madrid turn sights from PSG's Mbappe to Dortmund's Sancho

Raphael Honigstein assesses the possibility that Jadon Sancho will leave Borussia Dortmund this summer.

The transfer window for Europe's biggest clubs is closed, but you can click here to review all the deals. Transfer Talk will continue to scour the world's media and set correspondents loose to see what's on the agenda for the summer.

TOP STORY: Zidane sanctions move for £180 million-rated Sancho

Another day, another report suggesting that Jadon Sancho could be on his way out of Borussia Dortmund in the summer.

The latest comes from Bild, which says Real Madrid are interested in the 19-year-old winger.

Although PSG star Kylian Mbappe is a reported target for Madrid boss Zinedine Zidane, there is an acceptance that Paris Saint-Germain are unwilling to part with him -- and Zidane has reportedly told club president Florentino Perez to bring in Sancho instead.

Dortmund have insisted that Sancho is not for sale, but Bild says the England international could be bought for the right price.

They are said to be ready to do business should an offer reach €180 million, a price that would make Sancho the joint-second most expensive footballer in history.

LIVE BLOG

23.04 BST: That's going to bring Thursday's live edition of Transfer Talk to a close. Be sure to check back very shortly as we return with the latest gossip pulled from Friday's back pages.

22.35 BST: The Liverpool Echo cites the Mirror as reporting that Everton are interested in a move for Chelsea's Tammy Abraham, who's scored 26 goals in the Championship with Aston Villa this season -- assuming the Blues have no use for him and he doesn't spend a second season at Villa Park.

21.19 BST: Arsenal are monitoring Barcelona midfielder Andre Gomes with a view to rivalling Everton for the Portugal international's signature this summer, sources have confirmed to ESPN FC.

20.03 BST: El Confidencial reports that Chelsea are among the interested parties in Philippe Coutinho -- assuming they can delay their transfer ban -- when the Brazilian is expected to leave Barcelona this summer. The La Liga champions-elect are said to want at least €100m for a player they paid €120m for little more than a year ago, so desperate are they to get his €14m annual wages off the books, which could be a perfect price for the West London club, who themselves should receive €100m or more for Eden Hazard when the Belgian completes his expected move to Real Madrid.

18.47 BST: Add Richarlison to the list of players Manchester United are considering for their summer spending spree, as the Telegraph reports that the 21-year-old Brazilian has been discussed as a potential target. Although, having just signed for Everton in a £50m deal last summer, Richarlison may prove difficult to get to Old Trafford.

17.31 BST: Real Madrid have rejected multiple offers of up to €180m for Marco Asensio, with neither the club nor player having had any intention of taking them up, the Spain international's agent has told ESPN FC.

16.15 BST: And staying with Bayern, German football magazine kicker believes they will not exercise their €42 million option to make a permanent move for Real Madrid's James Rodriguez.

It says Rodriguez "lacks pace and coach Niko Kovac would like to have him stronger in defence," concluding that he is not the right type of player for Bayern's approach.

15.43 BST: Bayern Munich remain interested in Callum Hudson-Odoi despite the Chelsea winger's Achilles tendon injury, president Uli Hoeness told reporters on Wednesday.

Hudson-Odoi failed to force through a January move to Bayern with a formal transfer request, and Hoeness said: "I think we'll continue to look at him."

15.22 BST: Liverpool manager Jurgen Klopp has ruled out a rumoured move for Napoli striker Lorenzo Insigne, telling a news conference ahead of his side's game against Huddersfield: "He is a very good player, but he has a long-term contract at Napoli. We will not even try it."

14.51 BST: Samuel Umtiti wants to stay at Barcelona despite falling out of favour with coach Ernesto Valverde, French newspaper L'Equipe says. Other reports in France say the defender has told his agents he will not accept offers from any other club.

14.23 BST: La Gazzetta dello Sport suggests Milan directors Leonardo and Paolo Maldini have visited the Milanello training base today where they will meet manager Gennaro Gattuso.

The World Cup-winning midfielder is under pressure following the defeat in the Coppa Italia semifinal to Lazio, and recent results have put their hopes of a top four finish in jeopardy.

13.31 BST: Liverpool, Arsenal and Everton have all been linked with a move for Ajax attacker David Neres, but he has told reporters: "We will see what the future holds, but I have a contract here and I am satisfied here."

12.51 BST: Kenedy's spell on loan at Newcastle from Chelsea has hardly been a dazzling success, but the Chronicle reports that any chance of making the deal permanent is unlikely unless there is a "dramatic drop" in Chelsea's £30 million asking price.

12.30 BST: Liverpool midfielder Marko Grujic, on loan at Hertha Berlin, has said he would like to stay if possible. Sources told ESPN FC this week that the Reds have valued him at €40 million amid interest from Atletico Madrid, but he told reporters: "It's too much money. Even I wouldn't pay that for myself."

11.40 BST: Thibaut Courtois is happy at Real Madrid and relaxed about his long-term future at the Bernabeu, sources have told ESPN FC.

Reports in Spain had suggested that the former Chelsea goalkeeper could leave after coach Zinedine Zidane picked Keylor Navas having won a behind-the-scenes battle with president Florentino Perez.

But sources told ESPN FC that Belgium international Courtois is not aware of any tensions and does not believe that Madrid would have signed him only to change their minds 12 months later.

10.52 BST: Tottenham defender Danny Rose has said it is essntial for the club that playmaker Christian Eriksen signs a new contract. "It's obviously vital," the Guardian reported him as saying.

"If you look over the five years that the manager's been here, Christian has played the most games and that says a lot. When Christian doesn't play, there are questions that we don't look the same. He links everything up for us. The lads in the changing room trust the people upstairs to hopefully get him to sign."

10.01 BST: Teenage Real Madrid attacker Pedro Ruiz plans to leave because he does not see a path to the first team, a source has told ESPN FC.

Ruiz, 19, has scored 25 goals for Madrid's youth sides this season, but feels that he needs a move to take the next step in his career. Bundesliga side Eintracht Frankfurt are one of a number of clubs to have shown strong interest, with several La Liga sides also thought to be keen.

09.31 BST: The agent of €40 million-rated Getafe centre-back Djene Dakonam has told ESPN FC he will not comment on Spanish media speculation that Atletico Madrid are considering a move for the Togo international.

Radio station Cadena Ser claimed Atletico could make a bid for Djene, 27, who has also interested Arsenal in the past.

08.47 BST: Bundesliga club RB Leipzig have been linked with Roma striker Edin Dzeko, who is reported to have turned down a move to West Ham, as they prepare for the departure of Timo Werner.

08.15 BST: Brazil international Filipe Luis has said his priority is to stay at Atletico Madrid, but that is in the hands of the club.

The 33-year-old full-back has yet to put pen to paper on a contract extension, with his deal ending on June 31, and is a reported target for Barcelona and Borussia Dortmund.

"I hope I can continue here next season. I want to and I've already made that clear," Marca reported him as saying. " My desire is to continue here. It depends on the club, whether they want me to stay. It's in their hands."

PAPER TALK: Old Trafford days numbered for Alexis, Rojo 

It's all go at Manchester United, with "go" being the operative word. According to the Sun, United are readying an emergency pay-off fund to ensure that they can usher Alexis Sanchez and Marcos Rojo towards the exit.

Both are among the highest earners at United but have struggled this season.

Rojo earns £150,000 a week but has played just 192 minutes of Premier League football this season. He has two years left on his contract and reportedly wants £6 million to leave in the next transfer window.

Sanchez is on £505,000 a week at Old Trafford and, given that he appears to have no United future, seems destined to move on.

City tempted by punt on Luis

He has played only four matches for Benfica, but Manchester City have seen enough to make Florentino Luis a summer target.

The Guardian reports that the 19-year-old defensive midfielder is at the top of City's wishlist, with the club ready to meet his €60 million release clause.

Benfica, meanwhile, want to get Luis on a new deal soon so that clause jumps to more than €100 million, with his existing deal running until 2023.

Born in Lisbon, Luis is viewed by City as a potential long-term replacement for 33-year-old Fernandinho.

Tap-ins

-- Martin Odegaard arrived at Real Madrid with considerable fanfare, but now reports claim he could leave having made just a single appearance for Los Blancos.

De Telegraaf (via Talksport) suggests that Odegaard could be playing for Ajax next season after impressing on loan for Vitesse in the Eredivisie this season.

-- The Daily Telegraph says Darren Fletcher could be set for a return to Old Trafford as part of a revamped recruitment strategy under Ole Gunnar Solskjaer. 

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