Jurgen Klopp has the support of friend and former colleague David Wagner as he bids to win the Premier League with Liverpool.
Alexander Nubel is considered the heir to Manuel Neuer and Schalke have handed the 22-year-old the captain's armband.
Germany midfielder Sebastian Rudy spent seven seasons at Hoffenheim earlier in his career and has re-joined the club on loan.
Schalke have extended club captain Ralf Fahrmann's contract, but he will spend the 2019-20 season on loan with Norwich City.
We round up the front and back pages across world football as Thursday sees the transfer rumour mill crank into gear once again.
Manchester United were linked with highly rated teenage defender Ozan Kabak, but he has instead opted to join David Wagner at Schalke.
Borussia Monchengladbach have signed Breel Embolo from fellow Bundesliga club Schalke.
Bayern Munich welcome Hertha Berlin for the opening fixture of the 2019-20 season, while newcomers Union Berlin tackle RB Leipzig.
Luka Jovic, Phil Foden and Houssem Aouar are among some of the players who are sure to make a splash at the Under-21 European Championship.
Bundesliga side Schalke had been set to face Liverpool at Anfield on August 6, but the game has now been postponed.