Transfer Rumors Today — July 24, 2026

Welcome to your daily transfer gossip fix. Eight stories from this morning's back pages, WhatsApp groups, and the darkest corners of Football Twitter — filtered so you do not have to read 40 "EXCLUSIVE" tweets that all say the same thing.

1. City Prepare £120M Musiala Bid — "Confident" of Agreement

The Athletic's David Ornstein dropped the bomb at 8am: Manchester City are preparing a formal £120M bid for Jamal Musiala and are "growing in confidence" that Bayern will negotiate. The 23-year-old has rejected two contract extension offers and his camp is now actively engaging with City's sporting director Txiki Begiristain. Bayern's public stance is defiance, but privately they are scrambling to identify replacements. If this goes through, it is the biggest Premier League signing since Declan Rice.

2. Osimhen "Agrees Personal Terms" With Chelsea — Napoli Hold Firm on Price

Multiple Italian outlets report that Victor Osimhen has agreed the framework of a 5-year contract with Chelsea worth €250K/week after tax. The problem? Napoli's Aurelio De Laurentiis is refusing to accept anything below the €110M release clause. Chelsea's latest offer stands at €90M plus add-ons. ADL apparently told intermediaries: "Pay the clause or stop calling." This one could drag until deadline day.

3. Trent "Stalling" on Liverpool Contract — Madrid Circle

Liverpool's attempts to extend Trent Alexander-Arnold's contract (expires 2027) are reportedly "not progressing as hoped." The right-back is said to be waiting to see what Real Madrid do this summer before committing. Madrid view him as their top right-back target and are prepared to wait until later in the window to make their move. Liverpool insiders insist they are "relaxed" — but fans on social media are anything but.

4. Arsenal Target Benjamin Šeško as "Plan A" Striker

Arsenal have identified RB Leipzig's Benjamin Šeško as their primary striker target after missing out on Osimhen. The 23-year-old Slovenian scored 22 Bundesliga goals last season and has a €65M release clause that activates next summer — but Arsenal want to do business now at around €75M to avoid competition. Leipzig are reluctant but could be tempted if the price is right.

5. Barcelona Want Nico Williams — Athletic Club Dig In

Barcelona's pursuit of Nico Williams is getting messy. The Athletic Club winger has a €58M release clause, but Barça need to sell before they can buy. Deco has reportedly told Williams' agent to "be patient" while the club tries to offload Raphinha. Athletic Club's president publicly stated: "Nico is happy here and we want him to stay." The player himself has said nothing — which is telling.

6. PSG Eye Rashford as Mbappé Replacement

L'Equipe reports that PSG have made Marcus Rashford their "priority target" to fill the Mbappé-sized hole in their attack. United value Rashford at £80M but PSG believe £60M is more realistic given his inconsistent form last season. Rashford's camp has not ruled out the move, though the player has always maintained he wants to succeed at United. Interesting subplot: PSG manager Luis Enrique specifically requested a left-sided forward who "works defensively" — not exactly Rashford's reputation.

7. Bayern Chase Florian Wirtz — But Leverkusen Say "2027 at Earliest"

Bayern Munich are preparing for life after Musiala by targeting Leverkusen's Florian Wirtz. The problem? Leverkusen have made it crystal clear: Wirtz will not be sold before 2027. His contract runs until 2028 and the club hierarchy views him as the centerpiece of their project under Xabi Alonso. Bayern might try anyway — they always do — but this feels like one for next summer at the earliest.

8. Quick Hits

Fulham eye Emile Smith Rowe: Marco Silva wants the Arsenal midfielder on loan with an obligation to buy. Arsenal would prefer a permanent deal at £30M. Negotiations ongoing.
West Ham close on Jhon Durán: The Aston Villa striker is "keen" on the move. Villa want £35M. West Ham offering £28M plus add-ons.
Al-Nassr make €40M Casemiro approach: United would accept. The question is whether Casemiro wants Saudi Arabia or one more season in Europe.

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