Good evening and welcome to Sportskeeda's latest transfer news and rumours roundup. Despite the season now entering its final month, top clubs are keeping their eyes open on potential transfer targets.
And as always, there are stories which make headlines irrespective of the transfer window being open or shut. After scorching through papers and sources from all over Europe, we have managed to find transfer stories that made headlines on May 16, 2018:
La Liga
Real Madrid to activate release clause of Samuel Umtiti
In a sensational report by Diario Gol, it has been claimed that Real Madrid have set their sights on none other than FC Barcelona's Samuel Umtiti. The French defender is currently in a contractual standoff with the club as it is believed that everything is not right between Umtiti and Barcelona.
It has been claimed that Real Madrid supremo Florentino Perez has contacted Umtiti in the last 48 hours and has offered to pay him his desired amount. Real Madrid are now mulling over the idea of activating his €60 million release clause as soon as possible.
Atletico Madrid monitor Kieran Tierney
The Colchoneros are set to scout Celtic left-back Kieran Tierney in the Scottish Cup final. The Sun has reported that Atletico Madrid will compete against Manchester United and Spurs for the signing of the 20-year-old. He recently signed a six-year deal with the Hoops and is valued at €25 million.
Serie A
Real Madrid target Gianluigi Donnarumma
Don Balon has reported that Zinedine Zidane has vetoed in the goalkeeper to target this summer. In a surprise move, Zidane has opted for Gianluigi Donnarumma ahead of David De Gea and Thibaut Courtois.
It is understood that Real Madrid do not want to sell Keylor Navas and are willing to sign a young goalkeeper who will hone his skills alongside the Costa Rican.
Inter Milan want Ilkay Gundogan
If Inter qualify for the Champions League, Corriere Dello Sport has revealed that the Nerazzurri will pursue a move for Manchester City midfielder Ilkay Gundogan. With City closing in on Jorginho, Gundogan may be forced to leave the Etihad as Inter get ready to pounce on the German international.
Bundesliga
Ralph Hasenhuttl to leave RB Leipzig
After failing to qualify for the Champions League next season, Ralph Hasenhuttl is reportedly set to resign in the coming days, DW understands. The 50-year-old could only manage a sixth-place finish for his side.
Hasenhuttl joined Leipzig in 2016 and guided the club to a top-four spot last season. Marco Rose, RB Salzburg's manager, and Zeljko Buvac are now being linked to replace Hasenhuttl.
Caglar Soyuncu set to force through a move to Arsenal
According to Football London, Freiburg centre-back Caglar Soyuncu is keen on a move to England this summer with Arsenal tipped to be the favourites to land him. Soyuncu is regarded as one of the brightest talents in Bundesliga and has impressed Arsenal's head of recruitment Sven Mislintat.
Premier League
Pep Guardiola eyeing a move for Toni Kroos
After coaching Toni Kroos at Bayern Munich in the 2014/15 season, Pep Guardiola is now reportedly eyeing a reunion with him at Manchester City. Don Balon has claimed that Pep is keen on working again with Kroos and believes that the German midfield maestro will be a perfect fit in the Premier League.
Real Madrid are keen on holding on to their valuable asset but may well decide to offload him if City offer a big sum for a player on the wrong side of 30.
Newcastle United want Chelsea duo on loan
After a string of impressive performances since January, Newcastle have now asked Chelsea to let them sign Kennedy on a season-long loan. Teamtalk reports that Rafa Benitez has also enquired about the possibility of taking striker Tammy Abraham on loan with the Magpies set to sell two strikers in the form of Joselu and Aleksandar Mitrovic this summer.
Ligue 1
Mario Balotelli set to join Marseille
The Super Mario is set to stay in France after all and is closing on a move to Marseille. Tuttomercatoweb has reported that Balotelli and Marseille have reached an agreement which will see the mercurial striker play for the French giants. Marseille are in a strong position to qualify for next season's Champions League.
Chelsea favourites to sign Jean-Michael Serri
Arsenal are set to suffer a transfer blow early in the summer in the form of Jean-Michael Serri. The Mirror has reported that Chelsea are in advanced negotiations with the Nice midfielder and are set to sign him for £40 million. Arsenal had held talks with the Ivorian but it is Chelsea who are now in a pole position to sign him.