Danny Drinkwater is the surprise target for Chelsea following the departure of Nemanja Matic to Manchester United. Elsewhere, Roma and AC Milan have joined Inter Milan and Arsenal and in the race for Juventus winger Juan Cuadrado, while Arsenal planned summer clear out has hit the buffers with unwanted players refusing to take pay-cuts to move on. Here's a full report of these transfer updates:

Chelsea list Danny Drinkwater as potential replacement for Matic

Chelsea manager Antonio Conte is in the transfer market for another holding midfielder with Everton's Ross Barkley, Arsenal's Alex Oxlade-Chamberlain and Bayern Munich's Renato Sanches are all said to be on the Blues' wish list.

But now, according to Metro, Conte has surprisingly listed Leicester City's Danny Drinkwater as a potential replacement for Nemanja Matic, who recently signed a three year deal with Manchester United. The England international is said to be keen on the move, but fears he would end up being a “peripheral figure.” Danny Drinkwater was an integral player in the Leicester City memorable run to the 2015/2016 EPL trophy alongside N'Golo Kante and was subsequently called up to the England national team in 2016.

Roma and AC Milan shows interest in Juan Cuadrado

The Serie A duo are now in the race to snap up Juan Cuadrado's signature this summer, according to Daily Cannon. Both Roma and AC Milan are said to be ready to pay the $35.4m asking price fee for the Colombia international.

Earlier in the summer, Inter Milan and Arsenal are the two clubs linked with Juan Cuadrado, but it is suggested that the both club sides remain favorites to land the 29-year-old. Both Roma and Inter Milan are looking for reinforcements out-wide, and they've spotted the Colombia international as one of their top transfer targets this summer.

Meanwhile, Juventus are hoping the money from the Colombian's sale can apparently fund their next move for Lazio's Keita Balde Diao.

Arsenal set to clear out squad this summer

Mathieu Debuchy, Calum Chambers, Lucas Perez, Carl Jenkinson, Kieran Gibbs, David Ospina and Jack Wilshere are all on the exit list, but so far all remain Arsenal Football Club players.

According to Telegraph, Arsenal Football Club will save about $25m a year if they eventually release these players this summer. However, the only option facing Arsenal is to slash the transfer fees for those who will be heading out the door. Galatasaray, Fulham and Watford are the clubs hoping to sign one of the “fringe players” away from the Emirates but only if agreements can be made on wage demands. So far only Wojciech Szczesny has left Arsenal Football Club joining Italian champions Juventus FC for around $13.1m and the Gunners still want to land AS Monaco star Thomas Lemar.