Follow the latest transfer news live as we bring you all the done deals, rumours and gossip throughout the summer. Fresh from sealing their £50m signing of Aaron Wan-Bissaka, Manchester United will continue their squad revamp with planned moves for Bruno Fernandes and Sean Longstaff.
But any plans for a big signing at Arsenal look to have taken a hit after Crystal Palace put a £100m price tag on Wilfried Zaha in an attempt to price the Gunners out of the market. Liverpool meanwhile are rivalling both Arsenal and United in the race to sign Borussia Dortmund forward Jacob Bruun Larsen, with the 20-year-old attracting attention from all over Europe.
Tottenham are understood to have contacted Real Madrid over their interest in midfielder Christian Eriksen, while in France Kylian Mbappe looks to by trying to engineer a future move to Real Madrid. Follow the latest news live below.
Welcome to The Independent's transfer live blog, where we'll bring you the latest news, rumours and done deals throughout the summer window.
There's no doubting that the transfer market is hotting up, with Manchester United ready to pounce on more than one target and both Arsenal and Liverpool nearing moves as they look to strengthen. Manchester City could be on the verge of signing England defender Harry Maguire for £80m that would smash the world record transfer fee for a defender, while Neymar continues to look for a way out of PSG.
Without further ado, let's get underway.
We start this morning with Arsenal's attempts to sign Wilfried Zaha from Crystal Palace.
The Gunners are known to be looking at ways they can fund a move for the Ivory Coast forward, but their plans have been hit by Palace's latest valuation of Zaha that prices him at £100m, almost certainly ruling out the prospect of Arsenal launching a summer move for the 26-year-old.
According to the Daily Mail, Palace chairman Steve Parish is reluctant to let Zaha leave the club and will force Arsenal to up their offer considerably or pull out of talks, even though Zaha has told the club he would like to leave for the north London side.
Ed Woodward, the Manchester United executive vice-chairman, has emailed all staff at the club to reveal what their new approach will be in the transfer market.
Fresh from the £50m signing of Aaron Wan-Bissaka, United are looking to sign "more exciting" players who fit the "long-term vision" of the club, according to The Telegraph.
It adds that United fans should expect more arrivals before the 8 August deadline, and that these players will fit the "philosophy" of the club that Ole Gunnar Solskjaer is trying to introduce.
Marcus Rashford is set to sign a new contract at Manchester United that will see him paid a huge £250,000 a week.
The Telegraph claims that the England international will receive a huge pay rise on his current £80,000-a-week salary, with performance incentives increasing that number to nearly £300,000 if he reaches his goals set by the club.
Rashford has caught the eye of clubs across Europe including Barcelona, meaning United have been forced to shell out more than initially thought to secure his long-term future.
But the club are ready to announce the agreement, which will see the 21-year-old commit his future to United until 2023 with the option of an additional year.
Real Madrid have reportedly been told that it will cost them a whopping £150m to sign Paul Pogba this summer.
The Mirror claims that Manchester United's executive vice-chairman Ed Woodward is so determined to not let Pogba go just yet that he will hold out for £150m for the Frenchman, which could scare Madrid off for another year.
To make matters worse, United have told Madrid officials that the fee must be paid in its entirety up front, with the club unwilling to budge on negotiations.
Liverpool are ready to rival Manchester United and Arsenal in the battle to sign Jacob Bruun Larsen.
The Borussia Dortmund youngster has caught the eye of a number of clubs after making 30 appearances for the German side last season despite his young age.
The Daily Mail reports that the three English giants are all keeping an eye on the 20-year-old, though Dortmund are keen to hang on to the forward.
Tottenham are starting to prepare for the prospect of Christian Eriksen running down his contract and leaving on a free transfer.
Spanish newspaper Marca reports that Spurs chairman Daniel Levy has already been in touch with Real Madrid over their interest in the Dane, who is refusing to extend his contract the expires next summer.
As a result, the central midfielder is expected to leave Spurs this summer to follow Luka Modric and Gareth Bale in swapping north London for Madrid.
The future of Kylian Mbappe appears to be becoming clearer by the day, and it doesn't seem to be at Paris Saint-Germain - at least for the long-term.
Spanish newspaper Marca is reporting that Mbappe has made it clear to PSG that he will not sign a new contract, meaning that PSG must sell him before the summer of 2022 or allow him to leave on a free transfer.
Real Madrid are leading the race for Mbappe and have already made their interest in him known, but having already shelled out considerably this summer after signing Eden Hazard, they are not in a position to sign the Frenchman this year.
But Madrid are keen on him next summer and have already made Mbappe their priority signing for 2020, meaning PSG can either sell him for big money in 12 months' time for a fee that will be in excess of the €180m they committed to buying him from Monaco in 2017, or hold on until 2021 and sell him for a reduced fee.
Manchester United are looking to make two more signings this summer on top of their completed deals for Daniel James and Aaron Wan-Bissaka.
United's interest in Sporting midfielder Bruno Fernandes has been longstanding, and the 24-year-old is looking certain to leave Lisbon this summer.
According to the Evening Standard, United believe they are the frontrunners in securing Fernandes' signature, and hope to reach a breakthrough in talks in the coming days.
United's fourth and final target of the summer is current Newcastle midfielder Sean Longstaff, who only broke into the Magpies squad last season.
The 21-year-old is wanted by Ole Gunnar Solskjaer as someone who fits the bill for his preference for emerging talent, and the Standard also reports that United are in pole position to sign him this summer.
Paul Pogba's future at Manchester United remains up in the air with the club determined to keep him and the player wanting out this summer.
The Sun reports that Pogba will return from holiday next week to hold talks with Ole Gunnar Solskjaer, where he will make it clear to the United manager that he wants to leave the club in the next two months.
Manchester City are eyeing Real Madrid star Isco to bolster their attacking options next season.
According to the Express, Pep Guardiola sees Isco as the perfect replacement for David Silva, who is set to depart the Etihad next summer.
Zinedine Zidane prefers Isco to Gareth Bale and would ideally like to keep the Spain international, but knows he needs to recoup funds after the club splashed out on Eden Hazard, Luka Jovic and others early in this window.
Somebody at Chelsea may be in for a bit of a telling off...
The club are currently in talks to sign Matteo Kovacic on a permanent deal from Real Madrid after his loan spell at Stamford Bridge.
But Chelsea appear to have accidentally confirmed the move after posting the news on their official club app, before removing the post once the error was spotted.
Arsenal have received some pushback in their hopes to sign Celtic full-back Kieran Tierney.
The 22-year-old left-back is high on the Gunners' wanted list but Celtic manager Neil Lennon has demanded they must pay "a lot more" if they are to land their man, according to the Telegraph.
Arsenal had a £15m bid rejected earlier this month with Celtic said to be holding out for at least £25m.
Tottenham supporters will be growing increasingly nervy at the news that Christian Eriksen's family have been spotted house-hunting in Madrid.
The Denmark international is wanted by Real Madrid with a view to freshening up their aging midfield, and The Timesclaims that his partner Sabrina Kvist Jensen has been seen looking at various properties in the Spanish capital.
Unsurprisingly, Spurs will dig their heels in if any approach is made though, with the former Ajax star valued at £100m and Daniel Levy insisting he will not lower that price tag under any circumstances.
Ajax goalkeeper Andre Onana will not be leaving the Netherlands anytime soon despite several Premier League clubs, including Manchester United said to be interested in signing him.
The goalkeeper says he wants to continue playing for the Champions League semi-finalists.
“It is important to me that I play at a good level and that I can continue to develop,” Onana told Voetbal International.
“I am still young and with Ajax we have just proved how much we can achieve with this club.
“It will not be easy to surpass that. But I want to fight for new success with Ajax.”
PSG and France superstar Kylian Mbappe has reportedly turned down a new contract offer from the his club, prompting further speculation about his future.
Mbappe and Neymar were told by the PSG ownership to buck up their ideas and be ready to leave if they don't following another disappointing season in the Champions League.
It's now been reported by Spanish newspaper Marca that the French forward has rejected an extension on his current contract that expires in summer 2022, sparking chatter that he could be sold next summer so PSG can cash in on maximum value.
Adrien Rabiot will have a medical at Juventus tomorrow, according to Sky in Italy.
The French midfielder will become the second player to join the French champions for free, following Aaron Ramsey's move from Arsenal.
Rabiot let his PSG contract expire and was subject to interest from many top clubs in Europe, including Barcelona.
Lille have signed United States international winger Timothy Weah from rivals Paris St Germain on a five-year contract, the French Ligue 1 side said in a statement.
Financial terms of the deal were not disclosed but L'Equipe reported that Lille had paid PSG about 10 million euros ($11.37 million) to secure the services of the 19-year-old.
Weah, the son of former AS Monaco and AC Milan player and current Liberia president George, joined PSG in March last year and made six appearances for the French champions before being loaned to Scotland's Celtic in January.
He scored four goals in 17 appearances for the Scottish champions last season. Lille CEO Marc Ingla said the French side had beaten several other suitors to get his signature.
"We are very pleased to have signed Timothy Weah; many good clubs were courting him and Timothy chose our proposal," Ingla said in a statement on Lille's website.
Lille qualified for next season's Champions League after finishing runners-up in France last season and Weah said the chance to play in Europe's elite club competition had helped to make up his mind.
"For me, (Lille) is the best choice to progress and get playing time. It's a young and ambitious team," he said.
"Joining LOSC is a big deal, this team had a great season last year, finishing second is a great performance, playing in the Champions League is also a dream that I will be able to achieve.
"I want to score goals in my new colours and help this club to win games and trophies."
This should put an end to speculation working out where Adrien Rabiot will be playing next season.
Juventus have beaten Barcelona and a host of Premier League clubs to the former PSG midfielder's signature and are picking up a talented player without spending a penny on transfer fees.
It is good business to add to the deal to bring Aaron Ramsey to Turin for nothing. Juventus also appear to in pole position to sign Matthijs de Ligt, who attracted attention from Barcelona, Manchester United and PSG after revealing he wants to leave Ajax.
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Elsewhere, the father of Juventus striker Moise Kean, 19, who is a target for Everton, has said his son wants to switch to the San Siro and join Inter.
