Paris Saint-Germain has reportedly agreed a 155 million euros fee with AS Monaco for the transfer of rising superstar Kylian Mbappe.

As per the Guardian, the Parisians have agreed a five year deal with Mbappe with enough add-ons that could increase the fee to around 190 million euros. However, this move might still fall through if PSG does not comply with UEFA's Financial Fair Play rule. The capital club has already bought FC Barcelona's Neymar Jr. for 222 million euros, subsequently breaking the world transfer record previously set by Paul Pogba when he moved from Juventus to Manchester United in the summer of 2016.

The report suggests that the PSG and Monaco have also discussed the possibility of a season long loan deal with an option to make it permanent at the end of the loan. UEFA president Aleksander Ceferin is adamant that the fair play rules work and the European football's governing body will punish those who infringe it.

When quizzed whether this was regarding PSG's transfer business this summer, he added: "I am not talking about PSG. I am talking about every club in Europe. We are monitoring the situation, the transfer window is not closed yet. Trust me, we are working on it."

Inter close in on Balde

Serie A giants Inter Milan are close to securing the services of Lazio forward Keita Balde, according to reports from CalcioMercato, an Italian football transfers outlet.

English Premier League side Tottenham Hotspur also monitoring his situation at Lazio but it is understood that Inter is the favourites to land the Senegal international. As per Calcio Mercato, the 22-year-old will move to Inter on a two-year loan deal with an option to make it permanent on completion.

Barcelona still negotiating with Coutinho

FC Barcelona is still trying to sign Philippe Coutinho from Liverpool this summer despite having two bids rejected already.

The Brazilian international had put in a transfer request earlier this month. Barcelona sporting director Robert Fernandez confirmed to BeIN Sports that they are continuing negotiations with the Merseyside club.

"Coutinho? We are continuing the negotiations. We do not want and we do not have the right to say what we are doing. We want to get to a favourable situation, but for this to happen it is necessary to have a lot of discretion on the part of the clubs and the player," he said.

It still remains to be seen if Coutinho makes the move to Catalonia, as manager Jurgen Klopp and Liverpool's club officials have been adamant from the beginning that he is going nowhere.