Sports Mole rounds up all of the latest transfer news in La Liga on Monday, July 27.

Monday morning's La Liga transfer talk news roundup:

Marc-Andre ter Stegen told by Josep Maria Bartomeu to take a pay cut

Barcelona president Josep Maria Bartomeu has informed Marc-Andre ter Stegen that he must take a pay cut if he is to sign a new deal at Camp Nou.

The Germany international has two years to run on his existing contract and has recently emerged as a rumoured target for Chelsea.

Barca have prioritised talks with Ter Stegen over fresh terms, but the 28-year-old will have to accept a reduced salary as the Catalan giants adapt to the financial effects of the coronavirus pandemic.

Asked about the club's priority this summer in terms of new contracts, Bartomeu told Mundo Deportivo: "For me, Marc-Andre ter Stegen.

"Not just for his quality as a goalkeeper, but also for his personality as a player, his manner and the way he relates to people.

"He's a mainstay in the dressing room and for the future. For a goalkeeper, he's very young and he's already in the elite. At 28, he's one of the three best in the world.

"He understands what is happening in society and he knows that with the decrease in income at clubs like Barca, he will have to adjust his salary. All the players are doing it and we are working on that."

Messi is also due to become a free agent at the end of next season, but Bartomeu is confident that the superstar forward will not be leaving the club.

Borussia Dortmund 'open talks for Jadon Sancho replacement'

Borussia Dortmund have reportedly put plans in place for Jadon Sancho's departure by opening talks with Lille attacker Jonathan Ikone.

Sancho has been tipped to depart the Westfalenstadion this summer on the back of a campaign that saw him register 20 goals and 18 assists in all competitions.

Manchester United are the strong favourites to snap up the England international, while Real Madrid and Barcelona have also previously been credited with an interest.

BVB are standing firm on their hefty valuation for Sancho, believed to be in excess of £80m, but The Times claims that the club are now preparing for his possible sale.

Lille star Ikone is said to have been eyed up as Sancho's direct replacement after impressing in Ligue 1 in 2019-20.

The 22-year-old, capped four times by France at senior level, is supposedly available for around £41m.

More transfer news from La Liga:

Josep Maria Bartomeu has "no doubt" Lionel Messi will stay at Barcelona
Josep Maria Bartomeu remains optimistic that Lionel Messi will see out his career at Barcelona, despite recent reports that the superstar forward is looking to leave. Read more.

Liverpool end interest in Wolverhampton Wanderers forward Adama Traore?
Liverpool reportedly end their interest in Adama Traore after Wolverhampton Wanderers rejected any advances for the winger. Read more.

Chelsea weighing up £27m Marc Cucurella bid?
Chelsea reportedly weigh up a £27m bid for Getafe's Marc Cucurella, who is seen as an ideal alternative to Leicester City's Ben Chilwell. Read more.

Antonio Conte dismisses Lionel Messi rumours
Inter Milan boss Antonio Conte denies rumours that his team could sign Barcelona attacker Lionel Messi next summer. Read more.

Kepa Arrizabalaga willing to take pay cut to seal Chelsea exit?
Chelsea goalkeeper Kepa Arrizabalaga will reportedly accept a drop in wages as he seeks a move away from Stamford Bridge. Read more.