Manchester United and Arsenal set to battle it out for Real Madrid superstar and other transfer news and rumours of the day - 24th July 2017

Hello and welcome to Sportskeeda's latest transfer news and rumours roundup. Today's stories feature the latest update on some of the major happenings in world football which may change the complexion of a few clubs.

So let's head right in and take a look at the major happenings across Europe that made headlines on July 24, 2017:

Premier League

Arsenal and Manchester United to battle it out for Marco Asensio

The Premier League giants are impressed with the progress made by Asensio at Real Madrid and are ready to break the bank for him, Don Balon understands. Asensio is a target for many top clubs this summer but Real Madrid have made it clear that the player features in their long term plan.

Meanwhile, Asensio wants to be rewarded with a big new contract for his performances and is longing for a major role in the team under Zinedine Zidane.

Chelsea step up their interest in Alex Oxlade Chamberlain

After refusing to sign a new deal with the Gunners, Chamberlain is garnering interest from Chelsea. Daily Express has claimed that Chelsea are in the race for the versatile midfielder and are expected to put in a formal bid in the next 48 hours.

The Blues will offer him a higher wage structure than at Arsenal and hope that the attraction of Champions League football might tempt him to join the champions.

Swansea City approach Manchester City for Wilfried Bony

Wales Online has reported that the Swans have already agreed on terms with Manchester City to re-sign Wilfried Bony. Fernando Llorente will be leaving Swansea this summer with Paul Clement identifying Bony as a perfect replacement.

But Swansea are concerned about the Ivorian's wages with the striker demanding a weekly wage of £130,000.

Serie A

AS Roma want to sign the Frenchman

AS Roma chasing Samir Nasri

After failing to convince Leicester City for the sale of Riyad Mahrez, Roma have decided to go for the Manchester City outcast - Samir Nasri. The Mirror reports that Nasri is unwanted by Pep Guardiola and even his teammates at Manchester City are irked by the Frenchman's bad attitude. Roma are willing to pay close to £20 million for the wide player with this deal expected to be completed in the next week.

Juventus call off a move for Nemanja Matic

The Italian giants have deemed Chelsea's asking price of £40 million too high for the Serbian midfielder and hence have pulled out of the negotiations. According to Corriere Dello Sport, Juventus will pursue other options now while this has cleared the way for Manchester United to get their man.

Antonio Conte has no issues on Matic being sold to a rival but owner Roman Abramovich might not sell Matic to the Red Devils.

Bundesliga

The German right back is wanted by Tottenham Hotspur

Hoffenheim close to losing Jeremy Toljan

The highly rated German full back has been targeted by Tottenham Hotspur and they are expected to close the deal soon, the Record has revealed today. Toljan has just a year left on his deal with Hoffenheim and has not yet been offered a new contract.

Benfica are also interested in Toljan who can play at right back as well as at left back. Toljan will command a high fee after seeing his stocks rise after a colossal performance for the Euros U-21 winning German side.

Cologne want Georges-Kevin N'Koudou

The Sun has revealed that the Bundesliga side is desperate to land the Spurs winger in this transfer window. The 22-year-old has failed to live up to the expectations in England as the Lilywhites are looking to offload him as quickly as possible.

Cologne are willing to take him on a season long loan with a view to make it permanent in the following season.

La Liga

Luis Suarez and Lionel Messi have convinced Neymar to stay put

Lionel Messi and Luis Suarez convince Neymar to stay

Despite various reports emerging out of Europe that the Brazilian is closing in on a move to Paris Saint Germain, Lionel Messi and Luis Suarez have stepped in to stop that from happening.

Sport claims that the duo have convinced Neymar to stay put at Barcelona with Gerard Pique also posting a photo with Neymar on Instagram with the caption, "He's staying". PSG were ready to pay the £222 million release clause for the poster boy of world football but might have to look for other options.

Deportivo La Coruna offer a bumper deal to Lucas Perez

AS claim that Deportivo have offered Lucas Perez a stunning ten-year contract to join them this summer. Perez joined Arsenal last season but due to limited opportunities, is keen on a return to Spain.

Deportivo are eager to bid in the range of around £10 million for the 28-year-old and will also offer him a post retirement position at the club.

Rest of the world

Jack Wilshere is wanted by Turkish side, Antalyaspor

PSG end their interest in Alexis Sanchez

According to Le Parisien, PSG have ended their interest in the Chilean after failing to come to terms with the player's financial demands. Sanchez wanted £500,000 per week to sign for the Paris side which was deemed too high by PSG.

Earlier in the month, PSG sporting director Antero Henrique had travelled to London for the Sanchez deal but was left disappointed by the Gunners' reluctance of selling their main man.

Turkish side make a move for Jack Wilshere

Antalyaspor have decided to make an audacious move for Arsenal midfielder, Jack Wilshere. The Daily Mail understands that Wilshere is open on a new challenge this summer and has just a year left on his Arsenal contract.

The Gunners are demanding at least £20 million for their homegrown player which might be too big a task for the Turkish club to offer. Club president Ali Safak Ozturk revealed to Turkish football that, "We made an enquiry and are in talks but Arsenal want a lot for Wilshere. It will be a difficult move to pull off."