Carlos Tevez is set for a new country, while Isco is set for a new club.
Two major European transfers have been completed in quick succession, and they lead this Thursday edition of the B/R Summer Transfer Window Gossip roundup.
Inside, we also have updates on Thiago Alcantara, Cristiano Ronaldo, Edinson Cavani and more. Keep reading for the details.
Real Madrid have reached an agreement with Malaga for the transfer of 21-year-old attacking midfielder Isco, as revealed on RealMadrid.com.
Per the announcement, Isco has signed a five-year deal with Real. He will undergo a medical July 3 before being introduced at the Bernabeu.
Isco is the first signing for new Real Madrid manager Carlo Ancelotti. The transfer cost £23 million, according to BBC Sport.
Last season, Isco scored nine goals in 37 league appearances with Malaga. This summer, he scored three goals as Spain won the Euro Under-21 title.
Argentine striker Carlos Tevez has completed his transfer from Manchester City to Juventus, per the Italian club's Twitter account.
Tevez has signed a three-year deal, and the transfer cost about £10 million, per Sky Sports. Tevez, 29, scored 11 league goals in 34 appearances last season for City, whom he joined from Manchester United in 2009.
Tevez will wear the No. 10 shirt at Juventus, per the club's official website. “I’ve always wanted to play here," Tevez said. "It’s one of the toughest leagues and I’m motivated by the challenge. I’ll need to get used to the rhythm of the game over here and preseason will be the ideal period in which to adjust.”
Barcelona's Spain Under-21 international midfielder Thiago Alcantara has agreed to personal terms ahead of a potential £17 million transfer to Manchester United, per the Daily Mail.
According to the report, Thiago would earn £5.5 million per season with United, who are "confident" of completing the signing.
Thiago, 22, started 15 league matches last season for Barcelona. He scored a hat-trick in the Euro Under-21 Championship final as Spain defeated Italy to retain the trophy.
"He has two years of contract left," Perez said. "He is happier every day here. He has no wish to leave Real Madrid and wants to end his career here. He wants to go into history as someone very important at Real Madrid."
Ronaldo, 28, joined Real from Manchester United in a world-record £80 million transfer in 2009. Spanish newspaper El País (h/t Yahoo! Eurosport) previously reported that Ronaldo was set to meet with Manchester United this week to discuss a potential return.
Ronaldo, a Portugal international, scored 34 goals in 34 league appearances last season for Real Madrid.
Uruguay international striker Edinson Cavani is set to hold talks about his future with Napoli president Aurelio De Laurentiis, according to The Independent.
Cavani, 26, led Serie A with 29 goals last season and has been linked with a move away from Napoli. Chelsea, Manchester City and Manchester United are among the interested teams in England, according to the Independent's report, and Cavani reportedly favors United among those options.
De Laurentiis, however, is unwilling to let Cavani leave for less than the full €60 million (about £53.6 million) in his release clause.
Cavani is quoted as saying:
I love Naples. It's my town and my heart is there. But when I was here in Brazil I've heard untrue rumours and things about me. For this reason, now I want to talk as soon as possible with president De Laurentiis. We must clear ourselves. I'll talk with him, as it's done between men, really soon.
The Guardian, meanwhile, has reported that Cavani's first choice is Real Madrid.
Cavani scored Uruguay's lone goal in a 2-1 loss to Brazil on Wednesday in the FIFA Confederations Cup semifinals.
Liverpool officials are "furious" after reports emerged from Marca that striker Luis Suarez has agreed to personal terms ahead of a move to Real Madrid, per the Daily Telegraph.
Russian attacker Andrey Arshavin has returned to Zenit St. Petersburg on a two-year contract after Arsenal declined to offer him a new contract this summer, per BBC Sport.
After selling Carlos Tevez to Juventus, Manchester City have renewed their interest in Borussia Dortmund forward Robert Lewandowski, according to the Daily Mirror.
Tottenham Hotspur technical director Franco Baldini will hold talks with David Villa this week as Spurs continue their interest in the Barcelona forward, per the Daily Mail.
Arsenal have "put together a package" to sign Manchester United forward Wayne Rooney, according to the Daily Star. Club officials hope signing Rooney will convince manager Arsene Wenger to sign a contract extension.
Liverpool have 10 days to complete the £25.5 million signing of Shakhtar Donetsk midfielder Henrikh Mkhitaryan, per the Daily Star.
Real Madrid have made an official bid, including both cash and players, for Tottenham Hotspur midfielder Gareth Bale, according to the Daily Mirror.