Transfer Talk: Arsenal eye Leicester's James Maddison, keep Madrid's Martin Odegaard on radar

The Copa America and Euro 2020 are over, and the summer transfer window has opened. This leaves Europe's largest clubs free to make a splash on the market. You can find all the official deals and gossip here.TOP STORY - Arsenal eyes Maddison, keep Odegaard in radarArsenal might have given Emile Smith Rowe their No. Sky Sports suggest that the Gunners are interested in James Maddison, Leicester City's playmaker.The Foxes are not keen on letting one of their talismanic figures go from the King Power Stadium. They will need to offer over 70 million to allow the 24-year-old to leave.Arsenal's problems are made worse by the fact that Leicester have no obligation to sign Maddison's contract, which runs until 2024.Arsenal is keeping an eye on Martin Odegaard, who was loaned to the Emirates from Real Madrid for the second half last season.Spain has been suggesting that Los Blancos might allow the Norwegian midfielder to leave in order to continue their search for funds. The deal is good until 2023 so this could be an option.Arsenal could need to transfer players in order to make a move for Maddison due to the high fees involved.Stream ESPN FC Daily on ESPN+ (U.S. Only)- ESPN+ viewer's Guide: Bundesliga, La Liga and MLS, FA Cup, and many moreArsenal's interest is fended off by Leicester. Plumb Images/Leicester City FC via Getty ImagesPAPER GOSSIPAccording to Calciomercato, AC Milan hope to sign Chelsea's Hakim ziyech on loan. The deal can be made permanent. Both clubs enjoy a strong relationship with Fikayo Tomori (and Olivier Giroud) having both moved to the Serie A side. However, it is reported that AC Milan are only currently considering a permanent deal, or a loan, which would require the Moroccan international to be signed. Milan could offer more than 25m if the 28-year old is signed on loan by them first.Fabrizio Romano announced that Dejan Joveljic will join LA Galaxy from Eintracht Frankfurt. The 21-year old will sign a contract to remain with the MLS side for the next four-and-a half seasons. All paperwork is now signed. The youngster from Serbia played last season on loan to Wolfsberger in Austria, scoring 18 league goals.Calciomercato reports that Napoli is looking for a midfielder to replace Diego Demme, who has been out of action for some time. Borussia Monchengladbach's Denis Zakaria is one option. They are currently working on a loan agreement with the right to sign the man at 20m. Sander Berge is also being considered, as his transfer price may be lower after Sheffield United's demotion from the Premier League.According to Matteo Moretto, Manchester City and Hellas Verona have begun talks to allow Ivan Ilic to move permanently to Italy. The player was on loan from Verona last season. According to Fabrizio Romeo, the fee will be approximately 8 million. Verona has also asked Bayern Munich to loan Joshua Zirkzee.According to the Daily Mail, Crystal Palace and Newcastle United are monitoring Angelo Fulgini's performance as an Angers midfielder. The 24-year-old, who was previously linked to Everton as well as Southampton, is being monitored by AS Monaco and other Spanish outfits.