Transfer news LIVE! Arsenal plot Merino medical; Chelsea want Felix and Sancho; Man Utd, Liverpool latest

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Arsenal are closing in on the signing of Mikel Merino after reportedly reaching an agreement with Real Sociedad for Mikel Arteta's dream midfield signing. After a first bid was rejected, another closer to £30million appears to have been enough to make progress with a deal.

Chelsea are also hard at work - when are they not? - on summer deals, as they look to finally resolve Conor Gallagher's future with further talks over Joao Felix. A move for Victor Osimhen has not been ruled out, and now an audacious move for Jadon Sancho has been touted. Elsewhere, Manchester United have been given further encouragement in their pursuit of Manuel Ugarte, with current club Paris Saint-Germain looking to sign his replacement.