FIFA released a statement saying they were looking to financially assist clubs hard-hit by a lack of matches due to the COVID-19 pandemic.

FIFA reportedly have a financial reserve of $2.745 billion.

"FIFA is in a strong financial situation and it's our duty to do the utmost to help them in their hour of need," said the organization. "FIFA is working on possibilities to provide assistance to the football community around the world after making a comprehensive assessment of the financial impact this pandemic will have on football."

The organization is also looking to create a program that would provide a financial lifeline for its member clubs.

"The football community around the world is experiencing, to a greater or lesser extent, serious financial problems on account of the coronavirus outbreak," FIFA said. "This threatens to disrupt and impair the ability of FIFA's member associations and other football organizations such as leagues and clubs to develop, finance and run football activities at all levels of the game, including professional, non-professional, youth and grassroots."

Dejan Lovren has drawn the interest of Arsenal, Tottenham, West Ham and Crystal Palace.

Lovren will be allowed to leave Liverpool this summer due to his good relationship with Jurgen Klopp.

The 30-year-old centerback is currently behind Virgil van Dijk, Joe Gomez and Joel Matip at the position.

Lovren is understood to want to move to London over the summer.

Josep Maria Bartomeu stated that while there will be less money overall in this summer's transfer market, Barcelona are still in a position to be able to sign a big player.

"I can't talk about names, but Barca will be making moves to do the deals we feel necessary," said Bartomeu. "We make more money than any other football club in the world, so of course we have the capacity [to make big signings].

"The club is not in danger. We're different from other clubs that [rely on] ticketing or television rights. We have other sources of income like the football schools, the museum. [So] the lockdown hits us more than others, but we will also be quicker to get back on track."

Barcelona have been linked with Lautaro Martinez and Neymar, though they will reportedly only be able to sign one of the strikers due to a lack of funds.

Bartomeu added that Barcelona were ahead of financial projections when the La Liga season was suspended.

"The predicted revenue for this season was €1 billion and we were flying in February, ahead of predictions. We will continue to be the biggest earning football club. All clubs have a drop in income right now and we are working quickly to act on that."

Tottenham will cut wages for its non-playing staff, with chairman Daniel Levy suggesting that players may be expected to sacrifice their wages in the future.

"When I read or hear stories about player transfers this summer like nothing has happened, people need to wake up to the enormity of what is happening around us," the club released in a statement. "With over 786,000 infected, nearly 38,000 deaths and large segments of the world in lockdown we need to realise that football cannot operate in a bubble.

"We maybe the eighth largest Club in the world by revenue according to the Deloitte survey but all that historical data is totally irrelevant as this virus has no boundaries."

Barcelona, Juventus, and Borussia Dortmund recently announced that players will reduce their wages during the pandemic.

The Premier League has been suspended til at least April 30th. 

The Bundesliga will likely finish this current season without supporters in the stadium, according to CEO Christian Seifert.

"Professional football can only function when we play," said Seifert. "When the time comes, we will be ready and prepared and we are looking forward to it.

"If we can play games, it is to be expected that they will be without fans for some time. Maybe even into the new season or until the end of the year."

Seifert added that the league will not return until April 30th at the earliest.

The CEO also said that the plan is to finish the season by June 30th, taking players to the end of their current contract. 

Manchester United will make a summer bid for Matthijs de Ligt, according to reports.

De Ligt rejected United for Juventus in a $82 million move to Italy last year.

The 20-year-old has started in 17 out of 26 matches under Maurizio Sarri.

If Juventus are not ready to sell de Ligt, United would turn their attention to Kalidou Koulibaly.

Roma are closely linked with a move for Porto forward Tiquinho Soares.

The 29-year-old forward has a $44 million release clause.

Reports claim that due to a combination of the COVID-19 pandemic and Soares' contract ending in 2021, Roma could purchase the striker for no more than $16.7 million. 

UEFA will meet on Wednesday to discuss the future of the Champions League.

Aleksander Ceferin, the president of European football's governing body, recently said that the season would be lost if it could not restart by June.

"UEFA has invited the general secretaries of its 55 members associations to a video conference on Wednesday 1 April at midday to share an update on the progress made by the two working groups that were created two weeks ago and to discuss options identified with regards to the potential rescheduling of matches," a UEFA statement said.

"The meeting will look at developments across all UEFA national team and club competitions, as well as discussing progress at FIFA and European level on matters such as player contracts and the transfer system."

The meeting will discuss the possibility of playing behind closed doors.

Both the Champions League and Europa League were suspended in the round of 16.

Real Madrid are linked with 21-year-old Sao Paulo attacker Igor Gomes.

Gomes has been described as an "improved version of Kaka" by the Brazilian press.

Barcelona and Sevilla, with Ajax are also linked with Gomes, who is valued at $55 million.

"It's not good to make comparisons, it puts too much pressure on him. But yes, it's true that he reminds me a lot of myself in terms of his style of play," said Kaka.

Boca Juniors sporting director Jorge Bermudez said that he is looking forward to Edinson Cavani joining his side "very soon."

"Knowing Riquelme and the distance to [former Uruguay international Diego] Forlan, and knowing the category of Cavani, hopefully it will be very soon. He would give us a great hand and be very supportive. I think he wants to come to Boca," said Bermudez.

Cavani is out of contract at the end of this season.

Inter Miami is also rumored to be a potential destination for Cavani.