Declan Rice will prioritise a move to a Premier League side ahead of German champions Bayern Munich, with Arsenal and Manchester United among the frontrunners for the West Ham star's signature. (Daily Mail)

Arsenal have made a 'lucrative' offer to sign Spanish wonderkid Ivan Fresneda from Real Valladolid but will face competition from Borussia Dortmund, who are on the hunt for a replacement for Jude Bellingham. (Bild)

Bayern are planning to hijack Bayer Leverkusen's move for midfielder Granit Xhaka, who is expected to leave north London after failed talks over a new contract. (4-4-2)

READ THE TRANSFER RUMOURS OF THE PAST WEEK HERE

Representatives from Galatasaray recently travelled to England to talk with clubs including Arsenal over a potential transfer for young defender Sacha Boey. (The Times)

Arsenal will return to Brighton to bid for Moises Caicedo after a failed January move. The Seagulls are now confident the Gunners will match their asking price of £75m, though Chelsea and Liverpool are also strong admirers of the Ecuadorian. (FootballTransfers)

Folarin Balogun is 'leaning towards' a permanent exit from Arsenal as the young striker is not interested in another loan spell. (Sky Sports)

One side who could move to sign the 21-year-old is Napoli, who expect Victor Osimhen to leave and will challenge Serie A rivals AC Milan for his signing this summer. (Mirror)

Arsenal do not want to sell academy graduate Emile Smith Rowe this summer despite the 22-year-old's lack of game time this season. (Sun)

LISTEN NOW

On this week's edition of Talking Transfers, part of the 90min podcast network, Scott Saunders is joined by Toby Cudworth and Graeme Bailey to discuss Harry Kane, Declan Rice, Jude Bellingham, Alexis Mac Allister, Karim Benzema, William Saliba & more!

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This article was originally published on 90min as Arsenal transfer rumours: Rice's preferred destination; 'lucrative' offer for Spanish star.