LIVE Transfer Talk: Chelsea join race for Sergio Reguilon as low-cost alternative to Chilwell

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Don Hutchison says Frank Lampard has to address the club's back line amid links to Jose Gimenez. (1:22)

The coronavirus pandemic has made the transfer market uncertain -- and you can find out when the windows open here -- but here are the rumours floating around Europe's big leagues and beyond.

TOP STORY: Chelsea join race for Reguilon

Chelsea have joined the race to sign Real Madrid defender Sergio Reguilon, Sky Sports reports.

The 23-year-old has been at the heart of great interest from across Europe, with the Blues' fellow Premier League side Everton submitting a bid of around £18 million last week. The Madrid academy star hit the headlines during his loan tenure with Sevilla, when he was voted as the best left-back in La Liga, and now his future likely lies away from the Bernabeu.

Chelsea's interest will almost certainly raise some questions regarding their continued pursuit of Leicester City sensation Ben Chilwell.

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08.57 BST: Valencia winger Ferran Torres is set to undergo a medical this morning in a Barcelona clinic before signing a five-year contract with Manchester City, according to Onda Cero.

Sources told ESPN's Rob Dawson last week that Torres, 20, will join City for a reported €23m plus add-ons after City beat Juventus and Manchester United to land the Spain under-21 star.

City executives Ferran Soriano, Omar Berrada and Txiki Begiristain will accompany Torres in Barcelona. Torres, who has a year left on his contract with Valencia, refused to sign a contract extension.

08.32 BST: Borussia Dortmund chief Michael Zorc has hit back at former Bayern Munich president Uli Hoeness, who had called the club's transfer policy "not smart" in an interview with German broadsheet FAZ.

Hoeness had said that young players at Dortmund were regarded as nothing but an "object for sale" and couldn't commit to the club. Dortmund have this year signed teenagers Erling Haaland and Jude Bellingham, while they are also in the middle of negotiations to sell 20-year-old winger Jadon Sancho to Manchester United.

"When Dortmund buys a highly talented player and he plays well, you can hear only a few months later, either from within the club or from the outside, that he will eventually be an object for sale.

"How can a player take in the club's DNA 100% if he gets the impression that he is an object for sale?"

Zorc responded to the comments on Monday and said Bayern benefitted from having a larger budget.

"Those are pretty arrogant statements and some of them are also factually wrong," he told reporters. "If you have €250m more in your pocket every year, it is just easy to brag."

08.00 BST: Chelsea are running out of time to avoid Willian leaving on a free transfer as the winger continues to hold out for a three-year contract, sources have told ESPN's James Olley.

Willian, 31, had been expected to announce whether he is leaving the club this week but sources have told ESPN he will now wait until after Saturday's Champions League round-of-16 second leg at Bayern Munich before deciding his future.

Blues head coach Frank Lampard wants Willian to stay and has been pushing the club to find a breakthrough in negotiations which have been deadlocked for months.

Willian is happy in London and willing to sign a new deal but Chelsea have so far only offered him a two-year extension. Sources have told ESPN that the Brazilian is adamant he will not accept less and will depart in search of a new club if Chelsea are unwilling to match his demands.

PAPER TALK (by Harry Kettle): Man United to wait on Grealish move

Manchester United are happy to take a wait-and-see approach when it comes to a deal for Aston Villa playmaker Jack Grealish, according to the Daily Mail.

In the wake of Villa avoiding relegation on the final day, attention has turned toward the future of the 24-year-old captain. United have been tracking his progress for quite some time, but the report states that he is still not viewed as the club's main priority.

With Villa wanting offers in excess of £80 million, the Red Devils will take a back seat and allow the potential Jadon Sancho deal to play out before going in for Grealish.

Spurs want £23m for Aurier

The Daily Mail writes that Tottenham Hotspur want to make their money back on defender Serge Aurier this summer.

AC Milan are keen to sign the Ivory Coast international, but they hoped to land him for a fee of around £12m. Spurs paid £23m to sign him from Paris Saint-Germain in 2017, and with two years remaining on his contract, it appears as if that's the minimum the North Londoners are willing to accept.

Tottenham are said to be working on a limited budget, and this deal clearly factors into that.

Tap-ins

- Arsenal are attempting to tie Emiliano Martinez to a long-term deal, the Sun reports. Despite his joining the club in 2011, it is only in the past few months that the popular goalkeeper has been able to make a real impact in North London. After being sent out on loans six times during his Gunners career, his Premier League and FA Cup heroics appear to have given him a new purpose under Mikel Arteta.

- Borussia Dortmund could be closing in on the signing of Manchester City prospect Jamie Bynoe-Gittens, according to the Daily Mail. At the age of 15, he is already being tipped to be the next Jadon Sancho, and though Paris Saint-Germain might also be interested in his talents, Dortmund are reportedly much further along with their offer.

- Brentford winger Said Benrahma isn't thinking "at all" about his future ahead of the Championship playoff final, Sky Sports reports. The 24-year-old said his mind is focused on completing the season with the Bees on Tuesday, despite interest from a string of top European clubs.