EPL Transfer News Latest: Chelsea Target Filipe Luis, Arsenal Want Alexis Sanchez, Cristian Tello, Liverpool to Lose Out on Kevin Volland?

Chelsea target Filipe Luis, Arsenal eye Alexis Sanchez and Cristian Tello, while Liverpool might not get Kevin Volland.

Over at Stamford Bridge, Chelsea boss Jose Mourinho is looking to sign Filipe Luis from Atletico Madrid, Marca reports.

Mourinho is looking for a replacement left-back for Ashley Cole, and Filipe Luis seems impressive enough to warrant the “Special One’s” attention.

Atletico are supposedly only willing to let the 28-year-old go if his €25 million ($33.8 million) release clause is released.

Meanwhile, after seeing his protege Cesc Fabregas choose Chelsea over a return to the Emirates, Arsenal boss Arsene Wenger may do a raid on Barcelona by signing Alexi Sanchez and Cristian Tello, according to CaughtOffside.

Arsenal suffered in the 2013/2014 season due to a lack of replacements for their wingers Lukas Podolski and Theo Walcott. Both were out for long stretches of time, and the Gunners’ performance suffered in their absence.

Wenger is expected to fork out £26 million ($44 million) for Sanchez and £10 million ($17 million) for Tello. Whether either leaves depends largely on new Barca boss Luis Enrique’s plans.

At Merseyside, Liverpool are once against looking to be beaten in the transfer market.

The Daily Mirror reports that Liverpool’s transfer target Kevin Volland is about to be poached by Real Madrid.

The 21-year-old striker had an impressive season at Hoffenheim, scoring 12 goals and notching up 9 assists.

Volland’s contract has a release clause of £15 million ($25.4 million), but given the Reds’ general unwillingness to loosen their wallet strings, the youngster might just end up at Madrid.