Transfer news LIVE - Latest on Sterling, Koulibaly and De Jong plus Arsenal news

Raheem Sterling is on the verge of moving to Chelsea after the Blues agreed a £50million deal with Manchester City.

The England international has agreed a long-term contract with the Blues and just needs to complete a medical to finalise the deal before joining Thomas Tuchel's side on their pre-season tour of the United States. The move could be announced on Wednesday.

Chelsea have also made progress in their pursuit of Napoli defender Kalidou Koulibaly and are reportedly considering a move for Bayern Munich winger Serge Gnabry.

Elsewhere, Newcastle are considering breaking their transfer record for Real Sociedad striker Alexander Isak and Barcelona are closing in on signing Raphinha from Leeds... and there's plenty more news to come!

Stick here with us on Mirror Football for all of Wednesday's transfer news and gossip.

08:12Tom Blow

PSG can't afford Ronaldo wages

Paris Saint-Germain are not interested in signing Cristiano Ronaldo, according to ESPN.

The veteran forward wants to leave Manchester United but PSG haven't got enough room in their budget to afford his wages.

08:06KEY EVENT

Arsenal's double exit

Arsenal academy manager Per Mertesacker has hinted Reiss Nelson and Ainsley Maitland-Niles could leave the club this summer.

Both players had loan spells last season and aren't expected to be part of Mikel Arteta's starting XI this term.

"To see them in the leagues of Europe, they went to Holland, they went to Italy," said Mertesacker. "Fantastic experience for them, hopefully they will benefit from it.

"Whether that's here with us or whether they need to go somewhere else, that's obviously the decision of Edu and Mikel."

07:39KEY EVENT

Chelsea interested in Gnabry

Chelsea are weighing-up a move for Bayern Munich star Serge Gnabry, according to the Daily Mail.

The Blues have reportedly identified the former Arsenal star as an alternative to Raphinha, who's on the verge on joining Barcelona.

07:09KEY EVENT

Latest on Sterling

Raheem Sterling is nearly a Chelsea player.

The Blues have agreed a transfer fee with Manchester City and personal terms with the England international... and his medical isn't expected to be a problem.

The transfer is expected to be announced today!

We'll keep you posted with all the latest news on Sterling's move to Chelsea.

06:43KEY EVENT

Newcastle weighing-up record Isak bid

Newcastle are considering making a £50million bid for Real Sociedad striker Alexander Isak, according to The Telegraph.

The 22-year-old scored 10 goals in all competitions last season and was one of the stars of Euro 2020.

If a £50m deal is completed, it would be Newcastle's transfer record.

06:08Tom Blow

Good morning!

Hello and welcome to our live transfer blog!

We'll provide you with all the latest news and gossip throughout the day.

Stay tuned!

22:48Josh O'Brien

Goodnight!

That concludes today's transfer live blog - return to the same place, same time tomorrow for more gossip as the rumour mill hots up!

22:25Josh O'Brien

Raphinha to travel to Barcelona

Leeds United winger Raphinha will travel to Barcelona on Wednesday to finalise his summer switch to the Camp Nou.

The Athletic report that communication between the two clubs over the weekend proved decisive and Raphinha will now be able to fulfill his dream of playing for Barcelona.

22:05Josh O'Brien

Hammers eye surprise Scamacca bid

West Ham have thrown their hat in the ring for Sassuolo striker Gianluca Scamacca amid interest from Paris Saint-Germain.

Gazzetta dello Sport claim the Hammers have lodged an offer of £34m plus £6m in add-ons to try and secure his signature.

Talks are thought to be at an advanced stage between the two parties and David Moyes could oversee one of the more surprising transfers this summer.

21:33Josh O'Brien

Juventus forced out of Koulibaly race

Italian giants Juventus have been blocked from signing Napoli defender Kalidou Koulibaly due to club president Aurelio De Laurentiis refusing to sell to Serie A rivals.

Instead, the defender's representatives are reportedly in Milan trying to thrash out the final stages of his deal to Chelsea.

20:42KEY EVENT

Raphinha Barca-bound

After one of the longer running transfer saga's this summer, Raphinha looks set to complete his move to La Liga titans Barcelona.

Despite interest from both Arsenal and Chelsea, the Brazilian only ever wanted to move to the Camp Nou.

Barcelona's offer of £58m plus £9m in add-ons is thought to have been enough to tempt Leeds into sanctioning his sale.

20:12KEY EVENT

Rooney's return

DC United have confirmed the appointment of Wayne Rooney as their new manager, with the club explaining he has already shown his managerial qualities since hanging up his boots.

The former England international striker arrives shortly after confirming his departure from Derby County. Rooney spent two seasons as a player with the Major League Soccer side before hanging up his boots, and has now completed a return to the US.

Rooney left Derby after their relegation from the Championship at the end of last season. He was spotted boarding a plane to the States over the weekend and has now been confirmed in his new role.

19:40Josh O'Brien

City to rival Chelsea for defender

Manchester City have entered the race for RB Leipzig centre-back Josko Gvardiol, also a target of Chelsea's.

BILD report that while Pep Guardiola is a fan, the Blues are still leading the charge.

However, both could miss out as remaining in Germany appears his most likely option.

19:10Josh O'Brien

Bale opens up on transfer options

Gareth Bale has admitted he was not short of potential suitors before he decided to join MLS outfit LAFC.

"I had options," Bale said.

"I'm obviously not going to go into details, but I did have some options, but for me, this (LAFC) felt the right place and I'm excited to be a part of this project."

18:20Josh O'Brien

Josh Cullen enjoys Kompany reunion

Former West Ham midfielder Josh Cullen has joined Burnley after two seasons spent with Belgian giants Anderlecht.

His path crossed with Kompany's there and the pair will reunite at Turf Moor next term.

Burnley boss Kompany said: "We are delighted to welcome Josh to the squad, he's a hard-working and brave player, that will give everything for the team and the club."

17:52Josh O'Brien

United confidence grows in Martinez pursuit

Manchester United are reportedly confident that they can secure the signature of Ajax defender Lisandro Martinez over fellow admirers Arsenal.

The Argentine is thought highly of by both Premier League giants, but his relationship with United boss Erik ten Hag from their shared time in Amsterdam looks to have worked in the Red Devils favour.

17:21Josh O'Brien

Roma eye Dybala deal

Jose Mourinho's Roma are thought to be interested in signing former Juventus talisman Paulo Dybala.

Italian outlet La Repubblica claim Roma will properly pursue the Argentine if they can offload their own forward in Nicolò Zaniolo.

Dybala is currently without a club after leaving Juventus at the end of his contract.

16:50Josh O'Brien

Shrewd Wolves business

Republic of Ireland international Nathan Collins has joined Wolves from recently-relegated Burnley for an undisclosed fee.

Collins is comfortable with the ball at his feet and can be deployed as a right-back if needed, though his natural position is at the heart of the defence.

Collins contract sees him tied to the Molinuex for the next five years.

16:21Josh O'Brien

Josh King set for career revival in Turkey

Former Bournemouth, Everton and Watford striker Josh King has agreed a deal with Turkish giants Fenerbahce.

Once linked with Manchester United, the striker is now ready for a spell in the Turkish Super Lig.

A statement from the club included: "The player will be in Istanbul this evening to pass the health checks and for further transfer negotiations."

15:50KEY EVENT

Eriksen move near

Christian Eriksen is thought to be incredibly close to sealing his switch to Manchester United and could link up with his new teammates in Australia later this week.

The Athletic report that the Denmark international is in the process of agreeing the final details of his deal but no obstacles are expected before he puts pen to paper.

Eriksen would become United's second signing of the summer after left-back Tyrell Malacia.

15:25Josh O'Brien

Other Magpies targets

It is not only Alexander Isak that Eddie Howe is a keen admirer of, Newcastle are also thought to be keeping tabs on Espanyol striker Raul de Tomas.

De Tomas was previously touted with a potential switch to Arsenal in January but could instead find his Premier League switch come at Newcastle.

The forward will cost £60m as a result of his release clause, but that is unlikely to deter Newcastle with their newfound wealth.

14:51Thomas Bristow

Newcastle weigh up club record bid

Alexander Isak has emerged as the perfect signing for Newcastle, it has been claimed.

According to The Telegraph, the club's board have unamiously decided that the Swedish striker is the right man to go after this summer.

The only issue is that his arrival would likely use up the reamining summer budget...which would be a club record fee.

14:28Thomas Bristow

Done deal

Wayne Rooney 's son, Kai, has followed up on a sensational season in Manchester United 's academy by signing a deal with Puma.

The 12-year-old hotshot scored a whopping 56 goals for his Red Devils youth team last term, putting his name on the map in a bid to follow in his father's legendary footsteps. Dad Wayne, who's currently in the United States after agreeing to become D.C. United 's new manager, has seen his son put pen to paper on a contract of his own, with the giant sportswear brand snapping him up.