Marcus Edwards is not the required quality to play as our wide forward on the left, if we are spending 15m on a left back we can do much better than Rico Henry, I think the other three players you have ear marked are debatable (but lets face it so is everyone's)
As for the outs I definitely agree on Engels he is to slow and he turns like an oil tanker, I of course agree on the others listed but not our existing wide forwards as they need to be squad players for the upcoming season.
I have listed my preferences here before but as you are doing it, I guess I will too and just as an FYI I want to play a 4-2-3-1
Here is my shortlist so to speak.
For the forwards I would go for one of Edouard (35m), Iheanacho(25m), Watkins (25m)
Wide forwards two of Buendia (20m), Sarr (30m), Rashica (25m), Benrahma (25m), (Eze 20m)
One midfielder which would have been Weston McKennie after seeing all the recommendations on here I checked him out, but there are alternatives in James McCarthy (5m), Loftus-Cheek (20m or loan)
Left back I would sign Owen Wijndal (10m) from Az in Holland
Right back Max Aarons (20m)
1 Centre back from John Stones (20m), Ethan Ampadu (20m) although there are quite a number to choose from.
So I would probably go for .
Stones, Aarons, Wijndal (50m)
Loftus-Cheek, Buendia, Rashica (65m)
Edouard (35m)
That is roughly what we spent last year and I would TRY and get rid of .....
Kalinic, Nyland, Engels, Taylor, Elmo, Bree, Lansbury, Jota, and Hogan raising 10 - 15 million and I would probably throw half of that at stoke for Jack Butland in the hope he hasn't become Joe Hart MkII
I see that team being inside the top half and an excellent base to reassess next summer to trim players not up to the task of finishing every year in the top half.
Ps I could have traded Loftus-Cheek for McCarthy or taken him on loan if possible and got Eze