Football transfer rumours: Mbappe's Real Madrid contract revealed; Liverpool ready to sell Diaz

90min rounds up the latest transfer news, rumours and gossip circulating around the world...

Kylian Mbappe will accept a pay cut to join Real Madrid from Paris Saint-Germain. He has agreed an annual wage of €15m but, by retaining 80% of his image rights, he could double that income every year. (AS - Spain)

Tottenham Hotspur are prepared to join the race for Brentford striker Ivan Toney and are readying a bid worth £45m for the England international. (GIVEMESPORT)

A new goalkeeper is high on Chelsea's summer wish list and the Blues are ready to reignite their long-standing pursuit of AC Milan's Mike Maignan. (Fichajes - Spain)

Manchester United are willing to let Raphael Varane leave on a free transfer when his contract expires this summer. (Mirror)

Also on the chopping block at Man Utd is midfielder Christian Eriksen, who could be sold to one of several suitors in Turkey. (ESPN)

Bayern Munich are among the sides keeping an eye on Barcelona centre-back Mikayil Faye, who they hope will struggle for first-team minutes after Pau Cubarsi's emergence. (Florian Plettenberg - Germany)

Real Madrid are interested in signing Manchester City midfielder Bernardo Silva at the end of the season, when a €50m release clause in his contract will become active. (Fichajes - Spain)

Barcelona are keen on Liverpool winger Luis Diaz, who is a source of frustration at Anfield as club officials are "losing patience" with his performances. (Mundo Deportivo - Spain)

But Barcelona are not worried about losing teenage superstar Lamine Yamal after his agent, Jorge Mendes, informed Paris Saint-Germain that he is not for sale. (AS - Spain)

Liverpool have informed Chelsea they are prepared to sign centre-back Levi Colwill if the Blues need to sell him to avoid Profit & Sustainability sanctions. (TBR Football)

Alphonso Davies' potential move to Real Madrid this summer has cooled because the Spanish side are currently focused on signing a new centre-back. The current plan is to sign the Bayern Munich left-back on a free transfer next year. (Relevo - Spain)

AC Milan are keen on Aston Villa centre-back Diego Carlos, who has impressed scouts since his return from a serious injury. (SPORT - Spain)

READ THE TRANSFER RUMOURS OF THE PAST WEEK HERE