The transfer window has already seen some massive moves, with plenty of big money business taking place throughout the world of football.
Liverpool have played their part in the market, with moves for Alexis Mac Allister and Dominik Szoboszlai handing them an impressive start. However, their rivals are catching up - with Arsenal in particular set to seal the signings of Declan Rice and Jurrien Timber to outline their growing influence in the market.
Meanwhile, Harry Kane's future continues to be a source of debate, with Bayern Munich seemingly emerging as the favourites to sign him, although Spurs are set to make a last-gasp attempt to retain him.
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Here is the latest transfer news from Liverpool's rivals:
Harry Kane
Bayern Munich manager Thomas Tuchel has reportedly met with Harry Kane with regards to persuading the England captain to join him at Bayern Munich.
This is according to Bild, who claim that the move has angered Daniel Levy due to a fee not having been agreed between the two clubs for his prized asset.
This has resulted in Spurs responding with a new contract offer for the England captain - with improved terms on his current £200,000 per week deal having been offered according to the Guardian.
Moises Caicedo
Chelsea are reported to be making a bid for one-time Liverpool target Caicedo, with the Blues reported to be preparing an £85 million offer to sign the Brighton midfielder.
Arsenal failed in a move to sign the 21-yea-old in January, but Ecuadorian journalist Diego Arcos (via Football.London) reports that an initial £75 million is being offered with potential add-ons of £10 million.
Harvey Barnes
Newcastle are believed to be in the market for Leicester City winger Harvey Barnes, with the recently relegated Foxes set to lose their star assets this summer.
The Guardian report the Magpies interest in the England international, who looks set to join James Maddison and Youri Tielemans out the exit door in the East Midlands.
Aston Villa, Tottenham and West Ham are also reported to be interested in the signing - with the winger's 13 league goals last season an impressive tally given Leicester's struggles.
