Chelsea are set to sign Baba Rahman from Augsburg after submitting a €25 million bid for the 21-year-old defender.

After Filipe Luís was sold back to Atlético Madrid after just one season at Stamford Bridge, José Mourinho has stepped up his search for a replacement left-back this week.

“Both clubs are still working on fine-tuning but we hope the agreement will be finalised soon,” Rahman’s agent, Sascha Empacher, told Guardian sport.

Paris Saint-Germain is closing in on a £40 million deal with Manchester United for Angel di Maria.

United paid £59.7 million for Di Maria last summer from Real Madrid.

Ed Woodward, the executive vice-chairman of United, is in final negotiations and it would be a surprise if the Argentina international did not depart the club. 

“You know negotiations are in tandem [ongoing] and as Paris Saint-Germain [and United] are both big clubs, that can be difficult," said Laurent Blanc. "But we feel we are close to the end.”

PSG initially offered £28.5 million to United.

Rickie Lambert is finalizing a move from Liverpool to West Bromwich Albion, though no fee has been agreed upon by the two clubs.

Lambert joined Liverpool for £4.5 million from Southampton last summer.

Albion have opened talks with Liverpool over the striker’s future and are firm favorites to sign Lambert, who has also been linked with Leicester City, Crystal Palace and a possible reunion with the former Southampton manager Mauricio Pochettino at Tottenham Hotspur.

Zlatan Ibrahimovic insists he remains "very happy" at Paris Saint-Germain, but he could leave next summer when his contract expires.

Ibrahimovic has previously expressed his desire to play in the MLS someday.

“Where I go next, it will be a surprise, a very big surprise,” said Ibrahimovic.

“I’m very happy at PSG. You don’t see that on the field?” Ibrahimovic said.

“I have another year on my contract with PSG and I am very happy. Things are getting better. We are a strong team, we can do much more than we have been doing so at the moment but I am very happy.”

Sergio Ramos and Real Madrid have agreed upon an extension through 2020.

Ramos' existing deal was set to expire in 2017 and he sought a move to Manchester United.

Ramos was bought by Real Madrid in 2005 for €27 million after coming up through Sevilla's academy.

With Iker Casillas' departure this summer, Ramos will assume captain duties for Real Madrid.

Bologna would like to give Mario Balotelli another opportunity in Serie A.

Balotelli is still just 24 and his position at Liverpool is uncertain following their acquisition of Christian Benteke.

Sampdoria have already expressed their interest in bringing Balotelli back to the league where he has represented both Inter and AC Milan, and now Bologna’s director of sport, Pantaleo Corvino, has hinted at a loan deal.

“I would take him, he would be highly motivated here,” Corvino told the Corriere dello Sport. “Of course, Bologna have to respect certain financial parameters, but for the right price I would even look at the possibility of buying him outright.”

Manchester United are increasing their efforts to sign Pedro from Barcelona.

Pedro would like to join United in search of more playing time.

Pedro has a £22 million release clause with Barcelona.

Paris Saint-Germain have offered £28.5 million to buy Angel di Maria from Manchester United.

The fee is less than half the British record £59.7 million United paid Real Madrid for Di Maria 12 months ago. Ed Woodward, the executive vice-chairman, is thought to be resisting PSG’s offer as he seeks a higher price.

Louis van Gaal had wanted Di Maria to remain with the club.

Di María’s location continues to be unknown. He was expected to arrive at United’s base in San Jose, California, on Saturday after the 3-1 tour victory against Barcelona but failed to do so.

Schalke has rejected a £15.5 million offer from Juventus for Julian Draxler.

Draxler is valued at £21.3 million by Schalke.

“We have checked the offer, which was out of the question for us,” said Schalke’s sporting director, Horst Heldt.

Draxler has three seasons remaining on his contract at Schalke and is no longer subject to a release clause.

“In a very realistic way, there are many proposals in the market. Today we presented an offer based on our evaluations and I think there’s still a big gap,” the Juventus director Beppe Marotta told Sky Sport Italia.

“That was one of the many proposals we have put forward during this market. The player belongs to Schalke 04, so obviously it ultimately depends on them.

“We are in no rush but the squad at [Massimiliano] Allegri’s disposal is solid and we are trying to add a few cherries to the cake. We are working on a playmaker, or at least a midfielder with certain characteristics, and a left-back who can act as an alternative to Patrice Evra while Kwadwo Asamoah recovers from his injury.

“We are looking for eclectic players, who can allow us to set out the team in various different ways. We are looking for a midfielder with certain characteristics.”

Florentino Perez told Sergio Ramos he will not be sold by Real Madrid under any circumstances during a long meeting in China.

Five weeks remain in the transfer window.

Ramos has not agreed a contract renewal at the Bernabéu and it is not yet clear whether he has finally given up on the move.

Manchester United have made two formal bids for Ramos, who has two seasons remaining on his deal.

Pérez sought to rebuild bridges, aware that his relationship with Ramos has become difficult, but more significant was his refusal to budge.