Arsenal would consider sending goalkeeper Aaron Ramsdale out on loan if they cannot find a permanent buyer.
Ramsdale is keen to leave north London this summer after losing his No.1 status at the Emirates Stadium to last season's Premier League Golden Glove winner David Raya.
The England international only signed a new contract last May, weeks before Raya's arrival.
And his wages, well in excess of £100,000-a-week, coupled with Arsenal's £35million valuation are a big barrier for any potential suitors.
Former Bournemouth star Ramsdale was on Newcastle's radar earlier this summer and has been heavily linked with newly-promoted Southampton, but talkSPORT understands he is not currently close to joining any club.
Chelsea cashing in?
West Ham and Crystal Palace are among the clubs interested in signing Chelsea outcast Trevoh Chalobah.
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As talkSPORT exclusively revealed on Monday, Chalobah has been left out of the Blues' travelling party for their pre-season tour of America.
That is a pretty big indication that the Stamford Bridge hierarchy are looking to sell their academy graduate, despite his impressive form at the back end of last season.
West Ham are ready to move for Chalobah if they can offload one or both of Kurt Zouma and Nayef Aguerd.
Palace are also eyeing Chalobah with doubts over the long-term future of England Euro 2024 star Marc Guehi.
Newcastle deal off
Eddie Howe appears to have won his first power battle with Newcastle's new sporting director Paul Mitchell.
As talkSPORT reported last week, a Newcastle delegation held face-to-face talks with Nice defender Jean-Clair Todibo even though Howe was not keen on signing the centre-back.
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It seems Howe has got his way, with Newcastle unlikely to pursue their interest in West Ham and Juventus target to Todibo.
Howe had an agreement with former Toon director Amanda Staveley that he would have the final say on any transfer and it will be interesting to see if that continues now she has left St James' Park.
The Magpies chief remains high on the FA's shortlist to replace Gareth Southgate as England manager.
Second chance
Everton are ready to offer Kalvin Phillips a Manchester City escape route.
The Toffees are in the hunt for a new midfielder after selling Amadou Onana to Aston Villa for £50m.
Sean Dyche is keen to sign Phillips, although the Merseysiders are only likely to be able to finance loan deal for the former Leeds star.
Phillips is back at City after enduring a miserable spell on loan at West Ham in the second half of last season, culminating in losing his place in England’s Euros squad.
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Fulham are also monitoring the 28-year-old as a potential replacement for Joao Palhinha, who has left Craven Cottage to sign for Bayern Munich.
Top transfer stories on talkSPORT.com:
- Manchester United want Spain Euro 2024 winner with £50m release clause who is compared to Xabi Alonso
- Arsenal-bound Riccardo Calafiori suffered career-threatening injury and was cast aside by Jose Mourinho before becoming the Italian John Stones
- Chelsea rip up contract of forgotten man who played eight league games in four years on £100k-a-week
- Aston Villa line-up ex-Chelsea star once worth £113m as replacement for Moussa Diaby
- Tottenham told to consider £80m raid on Manchester United to sign Marcus Rashford
- Chelsea leave Trevoh Chalobah out of pre-season squad for USA tour with defender set to be sold