Liverpool have signed Darwin Nunez in the biggest transfer of the summer so far... but what else is happening in the market?
Sadio Mane looks set to leave Merseyside following Nunez's arrival, with Bayern Munich expected to come back with a third bid for the Senegal international shortly.
Arsenal, meanwhile, have announced the signing of Brazilian teenager Marquinhos from Sao Paulo - yet the deal is not without drama. Wolves are seeking legal advice after believing they had already signed a pre-contract agreement with the teenager.
Elsewhere, Manchester United's summer rebuild continues as they look to agree a deal with Barcelona for Frenkie de Jong and sign free agent Christian Eriksen amid competition from Tottenham and Brentford.
Stay tuned as Mirror Football brings you all the latest news, rumours and gossip from the transfer market.
06:23KEY EVENT
Raphinha attracting interest
Arsenal and Tottenham are both interested in signing Leeds winger Raphinha, according to the Daily Mail.
The Brazil international, 25, is being tipped to leave Elland Road this summer after scoring 11 Premier League goals last term.
Barcelona are also believed to be keen on Raphinha but are struggling to afford him.
06:21Tom Blow
Good morning!
Hello and welcome to our live transfer blog!
We'll keep you updated with all the latest news and rumours.
Stay tuned!
22:00Daniel Orme
Goodnight!
Unfortunately, that's all we've got time for tonight.
Make sure you come back bright and early for even more transfer news and rumours from Mirror Sport.
21:31Daniel Orme
Chelsea eye Lazio goalkeeper
Chelsea are reportedly considering making a move for Lazio goalkeeper Thomas Strakosha this summer.
He is available on a free transfer having left the Stadio Olimpico and as per Fabrizio Romano, he could potentially be welcomed to Stamford Bridge as a replacement for Kep Arizabalaga - the Spaniard having been linked with an exit from Stamford Bridge.
TWEET
20:59Daniel Orme
Torreira slams Fiorentina failure
Arsenal midfielder Lucas Torreira has slammed those acting 'in a bad way' after his permanent switch to Fiorentina collapses.
Taking to Twitter, the Uruguayan wrote: "Know I did my best to continue forming part of this club [Fiorentina]. But unfortunately there were those acting in a bad way.
"According to my understanding, they managed to stop this happening and that's why I must go."
20:43Daniel Orme
Darwin Nunez selects Liverpool shirt number
Liverpool have confirmed that Darwin Nunez is set to wear shirt number 27 after his potential club record deal was sealed on Tuesday.
The Reds have secured the signing of the Benfica striker for a fee believed to be in the region of £64m, whilst a number of add-ons could take the total value of the deal to an eye-watering £85m - surpassing the huge fee that the Merseyside outfit paid for the signing of Virgil van Dijk from Premier League rivals Southampton back in January 2018.
Read the full story here.
20:00Daniel Orme
Barcelona apology issued
Barcelona president Joan Laporta has reportedly been forced to apologise to long-serving midfielder Sergio Busquets after reports emerged that he would have to have his wages cut due to the poor financial situation at the Camp Nou.
Catalunya Radio suggest That both Laporta and Mateu Alemany have called Busquets to apologise and promise that his contract will not be touched.
19:34Daniel Orme
Darwin's Liverpool surprise
More on the news that Liverpool have secured the signing of Darwin Nunez now and the Uruguayan striker has admitted his "surprise" by the success of the club having visited their training ground.
Speaking to the club's official website, he said: "When I arrived at the training ground, I was really surprised to see the set-up and the structure and all the trophies here. You can then imagine yourself winning more trophies and then later on when you come here again and see the trophies on display, you can say, 'Look, I was a part of that, I was there at that time, winning trophies.'
"That's one of the reasons why I came here to Liverpool - to win trophies and titles. I want to win a lot of trophies at Liverpool."
18:59KEY EVENT
Liverpool confirm Darwin deal
Liverpool have announced that they have secured the signing of Benfica striker Darwin Nunez.
The striker becomes the Reds' first addition of the summer window and could potentially join the as the club's record signing.
Read the full story here.
18:33Daniel Orme
Man City extend Scott Carson contract
Manchester City have announced that veteran goalkeeper Scott Carson has penned a new one-year contract at the Etihad Stadium.
The former Derby County man joined the club on-loan for the 2019/20 and 2020/21 seasons. City then signed him on a permanent deal after his contract with the Rams expired.
He will now stay with the club until the end of 2022/23.
18:03Daniel Orme
Dybala 'agrees' Inter Milan switch
Argentine forward Paulo Dybala has reportedly 'agreed' a move to Inter Milan despite links with Premier League clubs.
Arsenal and Man Utd were reportedly interested in a move for Dybala after he announced he was set to leave Juventus. However, according to reports from the forward's homeland, he has agreed on a switch to the San Siro.
17:32Daniel Orme
Antony pictured with agent
From one Brazilian winger to another now as Man United continue their pursuit of Ajax star Antony this summer.
He took a picture with his agent in Amsterdam - that image being shared to Pedroso's Instagram page. It is unclear whether the meeting was one arranged to discuss the player's future or not.
Read the full story here.
17:02Daniel Orme
Tottenham and Arsenal go head-to-head for Raphinha
North London rivals Arsenal and Tottenham Hotspur are reportedly set to compete for the signing of Leeds United star Raphinha.
According to The Athletic, both clubs are interested in a move amid doubts over whether Barcelona will be able to secure his services. The Catalan giants have long been linked with a switch.
16:36Daniel Orme
Lazio close to deal
Lazio are reportedly close to sealing a deal for AC Milan's Alessio Romagnoli this summer.
The Italian is out of contract at the San Siro, with Corriere dello Sport reporting that a switch to the Stadio Olimpico is close.
He has of course been linked with a move to the Premier League in the past.
15:59Daniel Orme
Osimhen gives update on future
Nigeria striker Victor Osimhen has given an update on his future amid talk over a move to Arsenal.
"My future? I know there are many rumours about Spain and England," Osimhen told Il Corriere dello Sport.
"But I don't think it's the right time to talk about it now that I'm with the national team. I don't know what the future has in store for me, I know that anything can happen. Now, I want to go on holiday now and recharge and then we'll think about the rest."
15:18Colin Millar
Tchouameni explains Real Madrid move
Aurelien Tchouameni says he rejected Liverpool and Jurgen Klopp because as soon as Real Madrid came calling he "didn't hesitate".
The French international Tchouameni was at the top of the Reds' wanted list amid links with a move to both Anfield and Madrid. But Tchouameni, who had also been touted as a target for Manchester United, Paris Saint-Germain and Chelsea, has decided on a move to the European champions.
At his unveiling as a Real Madrid player on Tuesday, the midfielder explained why he had no interest in joining any other club: "As soon as Real Madrid arrived on the scene, I did not hesitate. I want to leave a mark on football and the best club for this is Real Madrid. It's the best decision for me."
Click here to read more
14:53KEY EVENT
Man Utd make Eriksen offer
Manchester United have offered a contract to Christian Eriksen, according to The Athletic.
The Denmark international, 30, is available on a free transfer after his Brentford contract expired.
Brentford are still trying to persuade Eriksen to stay and Tottenham are also believed to be interested in re-signing him.
14:30Tom Blow
Matic joins Roma
Nemanja Matic has joined Roma and expressed his delight at playing under Jose Mourinho again.
The Serbian midfielder, 33, was handed a free transfer by Manchester United after five years of service. He joined the Red Devils from Chelsea in the summer of 2017 while Mourinho was in charge and went on to make 189 appearances but failed to win silverware.
It is the third time Mourinho has signed Matic, who's agreed a one-year deal in the Italian capital. Mourinho is hoping to achieve sustained success at Roma after winning the inaugural Europa Conference League last season - the club's first major European trophy.
Click here to read more
13:58KEY EVENT
Bayern's new Mane bid
Bayern Munich are set to make a third bid for Liverpool forward Sadio Mane.
It's believed the Senegal international, 30, wants to leave Merseyside this summer and Bavaria is his preferred destination. The Reds have already rejected two offers of £25million and £30m from Bayern for Mane, who has just 12 months left on his existing deal.
As reported by German outlet BILD, Bayern are solely focusing on signing Mane this week. They will offer €35m (£30.3m) plus another €5m (£4.3m) in add-ons. That is still significantly short of Liverpool's valuation, believed to be £42.5m.
Click here to read more
13:23Tom Blow
Kenny joins Berlin
Everton defender Jonjoe Kenny has joined Hertha Berlin.
The right-back, 25, has signed a three-year deal with the German side.
Kenny made 68 appearances for the Toffees.
13:20Joseph McBride
Man Utd share prices drop
Manchester United's share prices are at an all-time low ahead of one of their most important transfer windows to date.