20:27. Mario Balotelli will not be on his way to Brazil with Flamengo after negotiations broke down.
18:37. Blaise Matuidi has no intention of leaving Juventus say L'Equipe, after the midfielder rejected a move to Monaco.
18:27. Valencia general manager Mateu Alemany has been clear on Rodrigo's situation: "There is no formal offer for the player." FULL STORY HERE
18:23. The Corriere dello Sport believe that Lazio could be the next destination for Spanish striker Fernando Llorente. The player is available on a free transfer.
16:45. The sought-after Rayo Vallecano goalkeeper Stole Dimitrievski has opted to remain at the Madrid club, with MARCA's Marcos de Vicente reporting that the Macedonian has agreed to a new five-year contract at Vallecas.
16:29. Girona midfielder Alex Granell, who was one of their standout performers in LaLiga Santander, has signed a new three-year contract with the recently relegated Segunda Division side.
15:37 Michy Batshuayi is clear that he wants to leave Chelsea this summer, despite the Blues wanting to keep hold of him, and reports in Italy state that the Belgian striker is already in negotiations with Roma.
15:19 Fabio Coentrao is a free agent after his contract with Rio Ave came to an end on June 30, and in the last few hours he has been linked with Parma.
14:03 Atalanta are considering a move for Club America striker Roger Martinez and could offer 15 million euros for him, according to Gianluca Di Marzio. If agreed, Villarreal would be due a sell-on fee. Martinez would be Atalanta's third Colombian forward if he arrives, with Duvan Zapata and Luis Muriel already at the club.
13:27 Cengiz Under has renewed his contract with Roma until 2023.
12:59 Rayo Vallecano are set to sign Malaga striker Michael Santos for a figure close to a million euros.
12:34 Atletico Madrid want to further strengthen and could make a 55 million euro move for Napoli midfielder Allan, according to Tuttosport. Napoli do not want the Brazil international to leave.
12:28 Sassuolo are on the verge of signing Zenit Saint Petersburg centre-back Emanuel Mammana on loan with an option to buy for 10 million euros, say Sky Sport Italia.
12:12 Ajax have offered 22 million euros plus 40 percent of a sell-on fee to Dinamo Zagreb for Spanish playmaker Dani Olmo, report BeFoot. Both clubs are negotiating and an agreement could be reached.
11:57 Negotiations between Paris Saint-Germain and Barcelona have not progressed as the Ligue 1 side are demanding at least 100 million euros cash, in addition to players, according to L'Equipe. The Blaugrana seem unwilling to meet that figure.
11:08 Should Roma fail in their attempt to sign Liverpool centre-back Dejan Lovren, they will go after his compatriot, Besiktas' Domagoj Vida, according to La Gazzetta dello Sport.
11:01 Augsburg striker Alfred Finnbogason has signed a new three-year contract with the club.
10:45 Manchester United will offer Victor Lindelof a contract extension until 2025, which will see him earn 150,000 pounds a week, report Sky Sports.
10:31 Monaco are negotiating a contract extension with Radamel Falcao, according to L'Equipe. The French newspaper states that although the Colombian has a big offer on the table from Galatasaray, he is keen on staying with Monaco. Falcao's only demand is that he is handed a three-year deal, which is what Galatasaray have offered.
10:19 Rodrigo Moreno has returned to Marcelino's orders and could play against Real Sociedad on Saturday. The Spaniard is waiting for his move to Atletico Madrid to be finalised.
10:08 AC Milan and Atletico Madrid are yet to reach an agreement over Angel Correa. The Italians have offered a fixed amount plus add-ons, but it is with the add-ons where there has been a difference of opinion.
10:02 Paulo Dybala seems set to stay at Juventus, according to reports in Italy. Although he seemed close to joining Tottenham Hotspur earlier in the window, the Old Lady regretted that decision and Dybala now seems more likely to stay than to go.
09:58 Mauro Icardi has asked Inter to not begin negotiations over his future just yet as he wants Juventus to generate the necessary funds first, according to La Gazzetta dello Sport. In addition, different media outlets in Italy have indicated that there is an anti-Juventus pact between Inter, Napoli and Roma to prevent the Argentine from joining the Bianconeri.
Good morning everyone! Welcome to Thursday's transfer blog. Make sure you check this page throughout the day to see the latest completed deals and hottest rumours. Let's get started!