Transfer rumors: Price rises for Arsenal target Mustafi; Klopp won't panic buy

Keep up with the latest transfer news and rumors in the final days of the summer transfer window in Europe.
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The summer transfer season is in full swing, with European powers loading up for the campaigns that have either already begun or are on the horizon with the summer's international competitions in the rear-view mirror.

Manchester United (Paul Pogba, Zlatan Ibrahimovic, Henrikh Mkhitaryan, Eric Bailly) and Manchester City (John Stones, Leroy Sane, Nolito, Ilkay Gundogan, Gabriel Jesus, Marlos Moreno) have already spent big, while their competitors both in England and abroad position themselves as well. Early results and injuries are also playing and will continue to play into team's decisions for the remainder of the month.

Despite some of the biggest names on the market already switching clubs and settling into their new surroundings, a number of others are still slated for moves as the countdown to the deadline continues.

Here is the latest buzz from the summer transfer window:

Monday, August 22

Mustafi price rises: Arsene Wenger has confirmed Arsenal's interest in Valencia's Shkodran Mustafi, and the Spanish club appears to be taking full advantage. His asking price has reportedly risen to £50 million, with Valencia sensing the Gunners' desperation.

Klopp won't panic buy: Liverpool's defense has leaked five goals in two matches, but following a 2-0 loss to Burnley manager Jurgen Klopp says he would be "an idiot" if he let one result influence his opinions on his squad. Klopp, for one, is not a fan of the transfer mania sparked by the deadline, saying at his Monday press conference, "I really wait for the day when finally the transfer window is closed because I can’t believe how obsessed you all are with this and that you don’t believe for a second in improving things on the training pitch."

Bravo-Hart-Cillessen domino effect: Claudio Bravo's move to Manchester City and Joe Hart's subsequent move away from the Etihad are reportedly contingent on Barcelona being able to lure Jasper Cillessen away from Ajax. The Dutch goalkeeper is slated for a £12 million permanent move to Camp Nou. According to reports, Bravo's move to City could be done as soon as Thursday. 

West Ham wants Bony: Amid his club's injury crisis, West Ham manager Slaven Bilic wants to add another forward, and Manchester City's out-of-favor Wilfried Bony is reportedly on his wish list.

Chiellini to Chelsea? Antonio Conte knows first-hand what Giorgio Chiellini can do, both on the club and international level, and Chelsea is reportedly mulling a £25 million bid for the Juventus defender. This comes amid reports that primary center back target Kalidou Koulibaly is 90% certain to stay at Napoli, according to Sky Sports.

Juventus optimistic over Cuadrado: Juventus's president says he's hopeful a move for Juan Cuadrado can be completed in the next few days. After starring on loan at Juve last year, Cuadrado is expected to go on loan for another season in Turin before making the move permanent for £19 million. 

Everton in talks with Brahimi: The Toffees are eyeing Algeria and Porto striker Yacine Brahimi, who has been left out of the Portuguese club's midweek squad for its Champions League playoff. He reportedly wants to be at a club in the Champions League, though.

Ex-Arsenal duo heading to Turkey: Mathieu Flamini and Emmanuel Adebayor are set to join Caykur Rizespor in Turkey, the top-flight club's coach announced. Agreements in principle with both players have been reached.

Borthwick-Jackson heads out on loan: Manchester United's Cameron Borthwick-Jackson, 19, will spend the season on loan at Wolverhampton. The young fullback made 14 appearances with the first team under Louis van Gaal last season.