{"id":281922,"date":"2025-07-22T07:31:20","date_gmt":"2025-07-22T07:31:20","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/281922\/"},"modified":"2025-07-22T07:31:20","modified_gmt":"2025-07-22T07:31:20","slug":"the-transfer-dealsheet-latest-on-man-utd-arsenal-liverpool-real-madrid-and-more-3","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/281922\/","title":{"rendered":"The Transfer DealSheet: Latest on Man Utd, Arsenal, Liverpool, Real Madrid and more"},"content":{"rendered":"<p>Welcome to the eighth edition of The Athletic\u2019s Transfer DealSheet for the summer 2025 transfer window.<\/p>\n<p>Our team of dedicated writers, including David Ornstein, will take you inside the market to explain the deals being worked on. The mini transfer window for the Club World Cup has come and gone, but the regular summer slot is open and will run until September 1.<\/p>\n<p>The information found within this article has been gathered according to The Athletic\u2019s sourcing guidelines. Unless stated, our reporters have spoken to more than one person briefed on each deal before offering the clubs involved the opportunity to comment. Their responses, when they were given, have been included.<\/p>\n<p>We aim to bring you analysis you can trust about what is happening at Europe\u2019s leading clubs and the latest information we\u2019re hearing from across the market. This year, The Athletic\u2019s football finance writer, Chris Weatherspoon, will be adding to our analysis of the transfer market.<\/p>\n<p><a href=\"https:\/\/www.nytimes.com\/athletic\/6492733\/2025\/07\/15\/transfer-news-latest-liverpool-manchester-united-arsenal-real-madrid-analysis\/\" target=\"_blank\" rel=\"noopener\">In last week\u2019s edition, we had the latest on Liverpool\u2019s situation and their interest in Hugo Ekitike<\/a>. This week, we look at Manchester United\u2019s plans for the rest of the window and a Serie A side\u2019s push for Gio Reyna.<\/p>\n<p>This article is long but detailed, so enjoy it all \u2014 or search for the club or player you want to read about.<\/p>\n<p>David Ornstein\u2019s One To Watch<\/p>\n<p>Manchester United succeeded in their aim of bolstering Ruben Amorim\u2019s squad with two key signings before they head to the United States for a pre-season tour on Tuesday.<\/p>\n<p>Matheus Cunha arrived early in the summer market and despite Liam Delap favouring a switch to Chelsea, Bryan Mbeumo was another primary target United landed before their 2025-26 season kicks off.<\/p>\n<p>In the meantime, funds have been raised via sell-on clauses in the moves of Alvaro Carreras, Anthony Elanga and Maxi Oyedele, while Marcus Rashford\u2019s loan will also generate significant savings.<\/p>\n<p>Work to shift <strong>Antony, Tyrell Malacia<\/strong> and <strong>Jadon Sancho<\/strong> is continuing, which would give them even more room to manoeuvre financially and in squad space.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6500340 size-large\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/GettyImages-2190129534-1024x682.jpg\" alt=\"\" width=\"1024\" height=\"682\"  \/><\/p>\n<p>      Will Antony leave United this summer? (Michael Regan\/Getty Images)<\/p>\n<p>The structure and payment terms of United\u2019s deals so far help, too. United went through a drastic cost-cutting process, which included a major wave of redundancies, and that was in part aimed at investing as many resources as possible into the football side of their operation \u2014 including player recruitment.<\/p>\n<p>Attention, therefore, now turns to further strengthening, and the main areas of focus are up front, defensive midfield and the goalkeeping department.<\/p>\n<p>United tried to enter the race for <strong>Hugo Ekitike<\/strong> last week, but the Eintracht Frankfurt attacker had committed to Liverpool. They then enquired to Sporting Lisbon about <strong>Viktor Gyokores<\/strong>, though the striker has made clear he is interested only in joining Arsenal, and United do not intend to advance on anyone unless the desire is mutual.<\/p>\n<p><strong>Benjamin Sesko, Ollie Watkins<\/strong> and <strong>Nicolas Jackson<\/strong> are names that feature on recruitment lists at many leading clubs, and each has recently been linked to United. Talks have taken place in relation to that trio, which is normal, but they are not currently being actively pursued due to the costs involved.<\/p>\n<p>That can change as the window progresses, especially if their prices come down. However, United are placing greater emphasis on alternative options as things stand.<\/p>\n<p>Another No 6 is on the Old Trafford agenda, and if a keeper is acquired, it does not necessarily mean Andre Onana will depart.<\/p>\n<p>Where do Manchester United need to improve before the end of the window?<\/p>\n<p>In goal, both Andre Onana and Altay Bayindir are prone to occasional errors, and an upgrade would make sense.<\/p>\n<p>At the other end of the pitch, Rasmus Hojlund struggled last season while Joshua Zirkzee looked more at home in one of the No 10 positions. A new striker could prove valuable, but Matheus Cunha and Bryan Mbeumo will be expected to ease the pressure on Hojlund and Zirkzee with their goals and creativity.<\/p>\n<p>Left wing-back is another area to reinforce if Diego Leon is given time to develop without the pressure of too much first-team action and with Tyrell Malacia\u2019s future in doubt. Patrick Dorgu is United\u2019s first choice, with 18-year-old Harry Amass as his backup. United have previously shoehorned right-footed defenders into the left side of defence due to injuries or otherwise, and the results have been underwhelming.<\/p>\n<p>United lack an athletic ball-winner in central midfield, but have multiple options for those two positions, and reinforcing might require a sale or two.<\/p>\n<p style=\"text-align: right;\">Anantaajith Raghuraman<\/p>\n<p>What else we\u2019re hearing<\/p>\n<ul>\n<li>Barcelona have a \u20ac30million (\u00a326m) option to make <strong>Marcus Rashford\u2019s<\/strong> loan spell permanent. Rashford, 27, is on the cusp of joining the La Liga side in a season-long loan spell, having travelled to Barcelona on Sunday. The striker targeted as his ideal destination when it became clear he would leave United in January, and that ambition is now being realised. Barcelona will cover Rashford\u2019s salary \u2014 but he has taken a pay cut to the effect of between 15 per cent and 25 per cent, depending on factors including bonuses \u2014 during the loan, while United have taken him off their wage bill completely. Laurie Whitwell<\/li>\n<li>Parma have made the signing of Borussia Dortmund playmaker <strong>Giovanni Reyna<\/strong> a priority this summer. The club owned by the Krause Group, an American conglomerate, survived relegation from Italian top division Serie A on the last day of last season and are retooling the team for new coach Carlos Cuesta after Inter headhunted their former coach Cristian Chivu to replace Simone Inzaghi, who left for Al Hilal in the Saudi Pro League in the days following the Champions League final. Inter also signed Parma\u2019s highly regarded striker Ange Yoan Bonny for \u20ac23m, and some of the proceeds have been allocated to an offer for Reyna. Talks have progressed over the weekend, and Serie A\u2019s burgeoning USMNT contingent could increase as Reyna looks for the game time needed to win a place in the squad in a World Cup year. James Horncastle<\/li>\n<li><strong>Xavi Simons<\/strong> is among the multiple players Chelsea have enquired about as they consider various options in the event of departures this summer. There have been no club-to-club talks between Chelsea and RB Leipzig at this point over the 22-year-old. Any move would depend on exits. Bayern Munich are also interested in Simons and have held talks with the player\u2019s camp since Jamal Musiala\u2019s injury, although they have also not initiated club-to-club talks. Arsenal have him on a list of possible targets, much like Eberechi Eze, although Ethan Nwaneri\u2019s pending renewal would reduce their need to bring in a player in Simons\u2019 position. Informal talks on both have slowed since talks over Nwaneri\u2019s contract reached the final stages. David Ornstein, Simon Johnson and Sebastian Stafford-Bloor<\/li>\n<\/ul>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6391162 size-large\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/GettyImages-2214940640-scaled-e1749723493642-1024x682.jpg\" alt=\"\" width=\"1024\" height=\"682\"  \/><\/p>\n<p>      Simons joined Leipzig in 2023 (Ronny Hartmann\/AFP via Getty Images)<\/p>\n<ul>\n<li>Crystal Palace youngster <strong>Ademola Ola-Adebomi<\/strong> is set to join Austrian side WSG Tirol after the two clubs agreed a deal. Ola-Adebomi has a year remaining on his contract at Palace, but a deal has been reached for the 21-year-old to leave on a free transfer with a sell-on clause attached. He will have a medical on Wednesday. The striker has been with the south London club since Under-8 level and was part of the Under-15 Floodlit Cup-winning team in 2019, but has failed to break into the first team. He played 14 times on loan for Burton Albion in League One in the 2023-24 season, before a six-month loan move to the Belgian top flight with SK Beveren last season. Matt Woosnam<\/li>\n<li>AC Milan are close to reaching an agreement with Brighton &amp; Hove Albion for defender <strong>Pervis Estupinan<\/strong> after making a second offer for the Ecuadorian. Brighton want to recoup at least the \u00a315million they paid Villarreal for Estupinan in August 2022, and while a final fee is still to be agreed, there has been progress in discussions between the clubs. James Horncastle<\/li>\n<\/ul>\n<p>Arsenal<strong>What has happened this week?<\/strong><\/p>\n<p>Quite a lot, and yet probably less than was expected. Arsenal have completed the signing of <a href=\"https:\/\/www.nytimes.com\/athletic\/6492803\/2025\/07\/18\/inside-noni-maduekes-transfer-to-arsenal-artetas-presentation-chelseas-data-bertas-new-dynamic\/\" target=\"_blank\" rel=\"noopener\">Noni Madueke from Chelsea for an initial \u00a348million<\/a>, but have not yet finalised planned moves for Sporting CP\u2019s <strong>Viktor Gyokeres<\/strong> and Valencia\u2019s <strong>Cristhian Mosquera<\/strong>.<\/p>\n<p><strong>Was Arsenal\u2019s squad in the shape Arteta would want it to be ahead of their tour?<\/strong><\/p>\n<p>Not quite \u2014 Arsenal have been busy in the market, but hoped to have Gyokeres and Mosquera signed up and on the plane to Singapore.<\/p>\n<p>They departed on Saturday evening with three signings on board: Kepa Arrizabalaga, Christian Norgaard and Martin Zubimendi. A fourth signing, Madueke, was eager to join the tour, but has been urged to rest after his participation in the Club World Cup with Chelsea.<\/p>\n<p>Arsenal\u2019s pursuit of Gyokeres has become protracted. Sporting are upset with the conduct of the player, who failed to return to training after insisting the club reneged on an agreement allowing him to leave this summer for \u20ac60million plus \u20ac10m in add-ons. The two clubs now have a broad agreement on a fixed fee of \u20ac63.5m with a further \u20ac10m in potential add-ons.<\/p>\n<p>The criteria for those add-ons, and how achievable they are, are the focus of the remaining negotiations.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6476046 size-full\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/GettyImages-2128353744-scaled.jpg\" alt=\"\" width=\"2560\" height=\"1707\"  \/><\/p>\n<p>      Gyokeres scored 39 league goals last season (Linnea Rheborg\/Getty Images)<\/p>\n<p>Although it has been a frustrating process, Arsenal remain confident that a resolution will be reached. Manchester United sources suggest they have made no bid for Gyokeres, and the player remains resolute in his desire to join Arsenal.<\/p>\n<p>Mosquera has undertaken medical tests and media ahead of signing, but there are still some outstanding issues to be resolved.<\/p>\n<p><strong>What positions\/players are they still looking at?<\/strong><\/p>\n<p>Arsenal are still attentive to the market and open to the idea of strengthening if an appropriate deal comes up. If there are any further additions, they are likely to be in attack.<\/p>\n<p>Arsenal admire left-wingers such as Real Madrid\u2019s <strong>Rodrygo<\/strong> and Newcastle\u2019s <strong>Anthony Gordon<\/strong>. The futures of existing wide options <strong>Gabriel Martinelli<\/strong> and <strong>Leandro Trossard<\/strong> may determine whether that interest develops further.<\/p>\n<p>They have also explored a move for Crystal Palace\u2019s <strong>Eberechi Eze<\/strong>. It remains to be seen whether a new long-term contract for 18-year-old <strong>Ethan Nwaneri<\/strong> \u2014 which Arsenal are in the process of finalising \u2014 may make a deal for Eze less of a priority.<\/p>\n<p>Arsenal\u2019s recruitment drive at academy level continues: the club have signed 17-year-old attacking midfielder <strong>Demiane Agustien<\/strong> from Derby, and have agreed a fee with Salford for 17-year-old striker <strong>Will Wright<\/strong> \u2014 although personal terms are yet to be agreed.<\/p>\n<p><strong>Which players could be leaving?<\/strong><\/p>\n<p><strong>Oleksandr Zinchenko<\/strong> and <strong>Reiss Nelson<\/strong> have both been named in Arsenal\u2019s 30-man tour squad, but both remain available in this window. With Zinchenko\u2019s contract expiring next summer, this is Arsenal\u2019s last chance to recoup some of their investment on the Ukrainian international. Fulham, who took Nelson on loan last season, remain interested in a deal for the 25-year-old. Arsenal\u2019s preference would be a sale rather than a second loan.<\/p>\n<p><strong>Karl Hein<\/strong> has been left out of the tour squad as he looks for a move away from the club \u2014 either on loan or on a permanent transfer. <strong>Fabio Vieira<\/strong>, who is on an extended break after his involvement in the Club World Cup with Porto, is also available for transfer.<\/p>\n<p style=\"text-align: right;\">James McNicholas<\/p>\n<p>Chelsea<strong>What has happened this week?<\/strong><\/p>\n<p>Two outgoings were officially finalised for a significant profit.<\/p>\n<p>Firstly, goalkeeper<strong> Djordje Petrovic<\/strong> completed a \u00a325million move to Bournemouth. The Serbia international joined Chelsea from New England Revolution for just \u00a313.6m (plus around \u00a31.7m in add-ons) in 2023.<\/p>\n<p><strong>Noni Madueke\u2019s<\/strong> transfer to Arsenal was officially announced on Friday. The winger has gone for an initial \u00a348.5m with the possibility of the fee rising to \u00a352m if add-ons are triggered. Chelsea bought the England international from PSV a couple of years ago for a fee in the region of \u00a329m.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6471370 size-large\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/NM-scaled-e1752851808865-1024x682.jpg\" alt=\"\" width=\"1024\" height=\"682\"  \/><\/p>\n<p>      Madueke became the latest player to leave Chelsea for Arsenal (Robbie Jay Barratt \u2013 AMA\/Getty Images)Are Chelsea any further forward on other exits?<\/p>\n<p>They are optimistic that there will be more departures soon.<\/p>\n<p>To start with, Chelsea have dropped their asking price by \u00a322m for <strong>Christopher Nkunku<\/strong>, who has admirers in the Premier League, Italy and Germany. The Athletic reported earlier this month that Bayern Munich had renewed their interest. In January, <a href=\"https:\/\/www.nytimes.com\/athletic\/6060813\/2025\/01\/14\/nkunku-chelsea-bayern\/\" target=\"_blank\" rel=\"noopener\">The Athletic revealed the London club valued the France international at \u00a365m.<\/a> But it has now been cut to \u20ac50m (around \u00a343.3m).<\/p>\n<p><strong>Joao Felix<\/strong> is the subject of talks from one large club in Portugal and a few others from the Saudi Pro League. The Club World Cup winners are looking to sell the attacker for \u20ac50m, including add-ons. To get such a sum, the structure of the deal is likely to involve an initial sum paid up front, with more paid each year he is with the new side.<\/p>\n<p>Atletico Madrid have joined Bayern Munich and one Premier League club in the race for defender <strong>Renato Veiga<\/strong>. Chelsea want a minimum of \u20ac40m.<\/p>\n<p><strong>Raheem Sterling<\/strong> began pre-season training last week \u2014 and a Champions League club in Europe is keen to sign him. An offer of \u00a320m will be accepted.<\/p>\n<p>Keeper <strong>Mike Penders<\/strong> and defender <strong>Mamadou Sarr<\/strong> are joining Strasbourg on a season-long loan. <a href=\"https:\/\/www.nytimes.com\/athletic\/6304975\/2025\/04\/25\/chelsea-huijsen-guehi-branthwaite-transfer-centre-backs\/\" target=\"_blank\" rel=\"noopener\">The Athletic revealed in April that the plan for Sarr, who was signed in January from Strasbourg for \u20ac14m but only joined Chelsea last month, was to go back to the Ligue 1 side for another campaign<\/a>.<\/p>\n<p>Penders has also been earmarked for it and is expected to be the new first-choice goalie. Chelsea wanted the duo to get some experience of being with them at the Club World Cup first before sending them to France.<br \/>There is still one loan spot at Strasbourg, but it will not be going to defender <strong>Aaron Anselmino<\/strong> now. He has offers from Champions League and Europa League clubs in Europe.<br \/>Meanwhile, USMNT international <strong>Caleb Wiley\u2019s<\/strong> loan to Watford should be officially announced this week. <a href=\"https:\/\/www.nytimes.com\/athletic\/6437816\/2025\/06\/19\/usmnt-and-chelsea-defender-caleb-wiley-set-to-rejoin-watford-on-loan\/\" target=\"_blank\" rel=\"noopener\">The Athletic reported it had been agreed last month<\/a>.<\/p>\n<p>What positions\/players are they still looking at?<\/p>\n<p>As reported above, Chelsea have added RB Leipzig\u2019s <strong>Xavi Simons<\/strong> to their wishlist. The Transfer DealSheet made it clear last week that any arrival depends on exits, so nothing is imminent just yet, even though conversations may continue to take place.<\/p>\n<p>As has been documented in previous weeks, Manchester United\u2019s <strong>Alejandro Garnacho<\/strong> and Aston Villa\u2019s <strong>Morgan Rogers<\/strong> are also under consideration.<\/p>\n<p>Chelsea have also made a fresh enquiry for Ajax defender <strong>Jorrel Hato<\/strong>. Nothing has progressed yet, but the situation around the 19-year-old, who can play on the left side of defence, is said to be ongoing.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6507996 size-large\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/GettyImages-2205414852-1024x683.jpg\" alt=\"\" width=\"1024\" height=\"683\"  \/><\/p>\n<p>      Chelsea have made a fresh enquiry over Hato (Nicolas Tucat\/AFP via Getty Images)Which other players could be leaving?<\/p>\n<p><strong>Trevoh Chalobah<\/strong> has established himself as a first-team regular since returning from loan at Crystal Palace in January and started the Club World Cup final win over Paris Saint-Germain last week.<\/p>\n<p>However, his situation has not changed since the first Transfer DealSheet of the summer, with Chelsea open to offers. This is because Wesley Fofana is still considered ahead of him in the pecking order (once he returns to fitness after a hamstring injury). Chalobah may also decide his future is better served elsewhere, having earned his first England cap last month. If a move comes about, it will have to suit both parties.<\/p>\n<p>Striker <strong>Nicolas Jackson<\/strong> has attracted interest from teams in England and Europe. Chelsea do not regard him as an untouchable member of their squad.<\/p>\n<p>Returning loanees <strong>Axel Disasi, Lesley Ugochukwu, Ben Chilwell<\/strong> and <strong>Armando Broja<\/strong> are all up for sale.<\/p>\n<p>Chelsea want \u00a35m for defender <strong>Alfie Gilchrist<\/strong>. Several Championship clubs have asked about a loan with an option to buy, but Chelsea will only consider a permanent transfer.<\/p>\n<p>This does not apply to <strong>Marc Guiu<\/strong>, who was bought from Barcelona for \u20ac6m 12 months ago. Chelsea have rejected offers from clubs to sell the teenager to them. They are looking at a loan with their preference being for the striker to stay in England.<\/p>\n<p style=\"text-align: right;\">Simon Johnson<\/p>\n<p>Liverpool<strong>What has happened this week?<\/strong><\/p>\n<p>The big news coming out of Liverpool is around <strong>Hugo Ekitike<\/strong>.<\/p>\n<p>Liverpool have indicated they will pay an initial fee of \u00a369million ($92.8m), with potential add-ons worth as much as \u00a310m.<\/p>\n<p>The 23-year-old is expected to arrive in the UK today (Tuesday) to undergo a medical and sign a six-year contract and, if all goes to plan, he will then fly out to link up with <a href=\"https:\/\/www.nytimes.com\/athletic\/6505249\/2025\/07\/20\/federico-chiesa-liverpool-future-pre-season\/\" target=\"_blank\" rel=\"noopener\">the Liverpool squad in Hong Kong<\/a>.<\/p>\n<p>Other clubs, including Newcastle United, have targeted Ekitike, but it has always been the Frenchman\u2019s preference to join Liverpool.<\/p>\n<p>Bringing in a new striker is the priority for the Premier League champions, who also turned down a \u20ac67.5million bid for <strong>Luis Diaz<\/strong> from Bayern Munich last week and have no intention to sell. Diaz has made it clear he wants to leave and Liverpool are braced for a second bid, but the Colombian continues to train and was part of the squad who flew out to the Far East on Sunday for a 10-day pre-season tour of Asia.<\/p>\n<p>A 5-1 friendly win over Stoke City, where Darwin Nunez scored a hat-trick, helped the team warm up for the tour of Hong Kong and Japan. Florian Wirtz made his first appearance for the club and will feature heavily during the tour.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6501836 size-large\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/GettyImages-2182480015-1024x665.jpg\" alt=\"\" width=\"1024\" height=\"665\"  \/><\/p>\n<p>      Ekitike scored 15 Bundesliga goals last season (Alex Grimm\/Getty Images)<strong>Is Ekitike the missing piece of the puzzle?<\/strong><\/p>\n<p>Bringing in a young striker with the potential to represent the club for years ahead has been Liverpool\u2019s target. Ekitike fits the bill. He showed that last season by scoring 22 goals in all competitions and setting up 12 more.<\/p>\n<p>He\u2019s tall, quick and will offer a focal point for the full-backs and creative midfielders to work with. Head coach Arne Slot likes his centre-forward to work hard out of possession, and Ekitike will follow those orders while helping others offer a regular threat in the box through his clever movement.<\/p>\n<p>As my colleague Thom Harris points out: \u201cOnly Mohamed Salah registered more combined goals and assists from counter-attacking situations than Ekitike across Europe\u2019s top four leagues last season, while no team scored more than Liverpool\u2019s 14. His ability to both lead quick breaks with his smooth dribbling ability and finish them with his goal-scoring instinct makes him an exciting prospect at the top of another high-quality counter-attacking side.\u201d<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-6506673\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/ekitike_fast_breaks.png\" alt=\"\"\/><\/p>\n<p><strong>What positions\/players are they still looking at?<\/strong><\/p>\n<p>Central defence is the only real issue now as the squad is light on cover following Jarell Quansah\u2019s move to Bayer Leverkusen.<\/p>\n<p>Slot would ideally like another senior centre-back to call on alongside Virgil van Dijk, Ibrahima Konate and Joe Gomez, as his preference is to have two senior players fighting for every position.<\/p>\n<p>Watara Endo could be used in times of need, but Liverpool are planning on using the market to fill the gap. Several options, including Crystal Palace\u2019s <strong>Marc Guehi<\/strong>, are under consideration.<\/p>\n<p><strong>Which players could be leaving?<\/strong><\/p>\n<p>Liverpool are open to offers for <strong>Nunez<\/strong> and <strong>Federico Chiesa<\/strong>, while Diaz has outlined his desire to leave.<\/p>\n<p>Chiesa was left out of the squad with a minor fitness issue and is expected to discuss a move away in the weeks ahead. Nunez, valued at around \u00a370million, has interest from Saudi Arabia.<\/p>\n<p><strong>Harvey Elliott<\/strong> and <strong>Tyler Morton<\/strong> are both attracting Premier League interest and their future remains uncertain. Fit-again <strong>Ben Doak<\/strong> has the opportunity this pre-season to impress Slot or put himself in the shop window for a move elsewhere.<\/p>\n<p><strong>Luca Stephenson<\/strong>, meanwhile, is expected to agree a contract extension before moving out on loan again for next season. His current deal expires at the end of next season, but after an impressive loan at Dundee United in 2024-25, Liverpool see the value of monitoring the 21-year-old\u2019s progress for at least another campaign and have taken him on the pre-season tour.<\/p>\n<p><strong>James McConnell<\/strong> is also discussing a new contract ahead of a loan move next season. He missed out on the tour, as did Stefan Bajcetic, who continues his rehabilitation programme at the AXA Training Centre following surgery.<\/p>\n<p style=\"text-align: right;\">Gregg Evans<\/p>\n<p>Manchester City<strong>What has happened this week?<\/strong><\/p>\n<p><strong>Sverre Nypan<\/strong> officially joined Manchester City from Rosenborg, after The Athletic revealed in early June that he had chosen the Etihad as his destination.<\/p>\n<p>The 18-year-old Norwegian midfielder had travelled in January to visit Aston Villa and Arsenal, but City entered the race and were able to convince the player and family that a switch to the Etihad Stadium was the right move for him this summer.<\/p>\n<p>He is expected to go out on loan in his first season.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6279262 size-large\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/GettyImages-1610062131-e1744661363330-1024x681.jpg\" alt=\"\" width=\"1024\" height=\"681\"  \/><\/p>\n<p>      Sverre Nypan was in demand but ultimately chose City (Mark Scates\/SNS Group via Getty Images)<\/p>\n<p>In terms of outgoings, <strong>Maximo Perrone<\/strong> made his loan spell at Como permanent. The Argentinian midfielder joined from Velez Sarsfield in 2023 for a fee of around \u00a38million but only made two appearances during his time in Manchester.<\/p>\n<p>He was an important member of Cesc Fabregas\u2019 team last season and the Italian club have paid \u20ac13million guaranteed with a potential \u20ac2 million in add-ons. City have also negotiated a 30 per cent sell-on clause and buy-back option.<\/p>\n<p>In a market they have excelled at in recent years, City have now brought in another medium-sized fee for a player who was not involved in the first team.<\/p>\n<p><strong>What positions\/players are they still looking at?<\/strong><\/p>\n<p>Right-back remains one area where City could potentially add a new face, but Newcastle\u2019s Tino Livramento is not someone who is a realistic target this summer for City.<\/p>\n<p>A goalkeeper could be on the cards, however, if <strong>Ederson<\/strong> or <strong>Stefan Ortega<\/strong> leave the club. The Brazilian goalkeeper has been a mainstay for nine years but was the subject of interest from Saudi Pro League clubs last summer. He stayed and said last month that any talk of him leaving was \u201cfake news\u201d, but clubs are interested in him.<\/p>\n<p>City have not received any offers yet, but if they lose one, then attention could turn to bringing back Burnley goalkeeper <strong>James Trafford<\/strong>, who they sold for around \u00a319million in 2023.<\/p>\n<p>He excelled last season as part of a promotion-winning defence that only conceded 16 league goals in 46 games. He would be on the short list of goalkeepers City would consider.<\/p>\n<p>Newcastle are interested in Trafford, but as of yet, no bids have been made.<\/p>\n<p><strong>Which players could be leaving?<\/strong><\/p>\n<p>The lack of exits means City are carrying a very large squad. Buyers are still to be found for England duo <strong>Jack Grealish<\/strong> and <strong>Kalvin Phillips<\/strong>, while the future of Ederson has been thrown into doubt.<\/p>\n<p><strong>James McAtee<\/strong> is another who is expected to depart, with Eintracht Frankfurt and Nottingham Forest keen.<\/p>\n<p>It was thought that some of the younger players could be loaned out due to numbers, but it is very unlikely that <strong>Nico O\u2019Reilly<\/strong> or <strong>Oscar Bobb<\/strong> will leave the club this summer as things stand.<\/p>\n<p style=\"text-align: right;\">Jordan Campbell<\/p>\n<p>Manchester United<strong>What has happened this week?<\/strong><\/p>\n<p>Finally, action after several weeks of apparent stasis. United broke their stalemate with Brentford over <strong>Bryan Mbeumo<\/strong> by agreeing a fee of \u00a365m plus \u00a36m in add-ons. Mbeumo was at Old Trafford on Saturday and Carrington on Sunday to go through his medical, carry out media, and sign paperwork. He officially joined on Monday.<\/p>\n<p>United also agreed terms with Barcelona on <strong>Marcus Rashford\u2019s<\/strong> loan. United will save the entirety of his salary during the campaign, with Barcelona covering. Sources close to the deal, speaking anonymously to protect relationships, have told The Athletic that Rashford has initially taken a 25 per cent pay cut for the duration of the loan, before bonuses are taken into account. He can earn more based on his performances. His gross annual salary at Barcelona is about \u20ac14m a year (before bonuses). Barcelona also have a \u20ac30million (\u00a326m) option to make his loan spell permanent.<\/p>\n<p>A summit in Iceland, where Sir Jim Ratcliffe, chief executive Omar Berrada, and director of football Jason Wilcox held face-to-face talks, helped accelerate matters.<\/p>\n<p>United were back on the pitch, drawing 0-0 with Leeds in their first pre-season friendly in Stockholm. The squad fly to Chicago for their U.S. tour on Tuesday.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6499707 size-large\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/bryan-mbeumo-scaled-e1752757721552-1024x683.jpg\" alt=\"\" width=\"1024\" height=\"683\"  \/><\/p>\n<p>      Mbeumo is finally a United player (Mike Hewitt\/Getty Images)<strong>Have Man Utd got a priority now that Mbeumo is done?<\/strong><\/p>\n<p>After committing to a combined spend of \u00a3133.5m on two forwards, United\u2019s focus is on sales. They can afford the outlay on Mbeumo and Matheus Cunha, but need to balance the books to further reshape Ruben Amorim\u2019s squad.<\/p>\n<p>Finding clubs for <strong>Alejandro Garnacho<\/strong>, <strong>Jadon Sancho<\/strong>, <strong>Antony<\/strong> and <strong>Tyrell Malacia<\/strong> is paramount, given they are training separately from the first-team and are not part of Amorim\u2019s plans at all.<\/p>\n<p>United have at least been helped financially through sell-on clauses for former players moving on. After <strong>Alvaro Carreras<\/strong> and <strong>Anthony Elanga<\/strong> netted United nearly \u00a313m, ex-youth midfielder <strong>Maxi Oyedele\u2019s<\/strong> transfer from Legia Warsaw to Strasbourg added \u00a32.1m to the club\u2019s bank account courtesy of a 40 per cent sell-on clause.<\/p>\n<p><strong>What positions\/players are they still looking at?<\/strong><\/p>\n<p>As my colleague David Ornstein reports in his One To Watch, United have several strikers on their list of potential targets, although none are advanced. Spending significantly on a centre-forward would require <strong>Rasmus Hojlund<\/strong> leaving, and that possibility remains open into the second half of the window.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6362664 size-large\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/GettyImages-2215466753-1024x683.jpg\" alt=\"\" width=\"1024\" height=\"683\"  \/><\/p>\n<p>      Will Hojlund make way for United to sign another striker? (James Gill \u2013 Danehouse\/Getty Images)<\/p>\n<p><strong>Benjamin Sesko<\/strong>, 22, is among those United have kept tabs on \u2014 having first looked at signing him aged 16 from Domzale in Slovenia \u2014 and talks were held last summer, with communication open this year, but he is not currently the subject of serious attention. The cost of signing Sesko due to the fee inevitably demanded by RB Leipzig, plus his wages, is deemed incompatible with United\u2019s budget and his performances in the Bundesliga last season.<\/p>\n<p>Over the weekend, reports in Portugal put United as being close to an agreement with Sporting CP over <strong>Viktor Gyokeres<\/strong>. But United sources insisted the club had not made a bid and would not be doing so. Amorim likes Gyokeres, but the player\u2019s focus has been Arsenal, with a deal close \u2014 albeit there is some wrangling over the make-up of the \u20ac10m add-ons.<\/p>\n<p>United have looked at several midfielders, with Amorim wanting the position strengthened, but conversations are at a preliminary stage.<\/p>\n<p>United are looking at goalkeepers, but Andre Onana\u2019s hamstring injury is not thought to impact the process. Onana is due to fly to Chicago with his team-mates to be around camp while he continues his recovery, and he aims to be back in time for the game against Arsenal on the opening weekend.<\/p>\n<p><strong>Which players could be leaving?<\/strong><\/p>\n<p>Aside from the four players currently exiled from the senior setup, plus Hojlund, as outlined, <strong>Harry Amass<\/strong> is due to go out on loan. Amass, 18, broke into the first-team at the end of last season but stayed in Manchester instead of travelling to Stockholm for United\u2019s friendly against Leeds and will also miss the U.S. tour as talks progress on his next move.<\/p>\n<p>The aim is to get him regular minutes rather than flit in and out of the team with United having Patrick Dorgu, Luke Shaw, and new signing Diego Leon in his position. Amass is attracting interest from several clubs in the Championship, League One and Europe, but there is no rush to decide his destination.<\/p>\n<p style=\"text-align: right;\">Laurie Whitwell<\/p>\n<p>Why Rashford\u2019s loan move makes financial sense for United<\/p>\n<p>While United won\u2019t get a fee for Rashford\u2019s departure \u2014 or at least not yet \u2014 they\u2019ll still save a chunky wad of cash this season. Rashford\u2019s \u00a3325,000 weekly wage after bonuses, plus employment costs, translates to an annual bill of \u00a319.4m for United. His guaranteed wage is unknown but plainly sizeable. A reasonable estimate puts the cost to United still at around \u00a315m per year.<\/p>\n<p>By any club\u2019s measure, that\u2019s a lot of money; it\u2019s a particularly large amount to pay for an unwanted player at a club who are already taking the hit of no European football this year.<\/p>\n<p>That level of saving shouldn\u2019t be sniffed at. Though United would have preferred to get a fee for him, that might yet happen. The deal includes an option for Barcelona to buy Rashford for \u20ac30million (\u00a326m) over the next year.<\/p>\n<p>On the face of it, that doesn\u2019t represent particularly great value for a player some talked of being worth multiples more not too long ago. Indeed, it\u2019s a big drop in just six months; Aston Villa\u2019s option to buy him, which became moot the moment they too missed out on Champions League qualification, was set at \u00a340m in January.<\/p>\n<p>There are plenty of reasons why Rashford\u2019s value has tumbled and, with United unable to change the past, it\u2019s worth considering whether that \u20ac30m option is about as much as they can hope to get for him now.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6505509 size-large\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/GettyImages-2209920581-1024x716.jpg\" alt=\"\" width=\"1024\" height=\"716\"  \/><\/p>\n<p>      Rashford\u2019s last game for United came in December (Neville Williams\/Aston Villa FC via Getty Images)<\/p>\n<p>Using data from Twenty First Group (TFG), a sports intelligence firm, provides interesting context. TFG quantify player worth in two ways: price and value. Price is an estimate based on market factors (e.g. Rashford\u2019s contract length, the presence of Barcelona as the buyer); value is an intrinsic measure, based solely on Rashford\u2019s existing ability, assessed by TFG.<\/p>\n<p>They put Rashford\u2019s intrinsic value today at \u20ac33m, or not all that far off the purchase option Barcelona will hold. On a market basis, the value is higher; they reckon buying Rashford today should cost Barcelona \u20ac46m, or \u20ac37m in a year\u2019s time.<\/p>\n<p>All those figures exceed the option in place. They are just one firm\u2019s view, but they suggest United have fallen short, in turn reflecting their position as sellers with minimal bargaining power.<\/p>\n<p>Whether or not a deal actually goes through will depend on how well Rashford\u2019s year in Spain goes. Barcelona have taken several players on season-long loans in recent years, only for them to return to their parent clubs afterwards, though that doesn\u2019t mean a good season won\u2019t pique others\u2019 interest in the England international.<\/p>\n<p>United\u2019s ideal would have been to sell Rashford for a fee this summer. Unable to do so, they\u2019ve gone with an option which at least removes any costs related to him for a season. As an academy graduate, Rashford\u2019s book value, and therefore his annual amortisation costs, are minimal.<\/p>\n<p>The alternative \u2014 keeping him around, highly paid and not played \u2014 would have been worse. Rashford\u2019s wage meant potential suitors comprised a narrow field. He has got the move he wanted. United will enjoy the eight-figure saving and will hope that, for all parties, he thrives in Spain.<\/p>\n<p style=\"text-align: right;\">Chris Weatherspoon<\/p>\n<p>Newcastle United<strong>What has happened this week?<\/strong><\/p>\n<p>A lot \u2014 but, after a week or so of uplifting news with <strong>Anthony Elanga<\/strong> signing and then Newcastle stepping up their ambitious pursuit of <strong>Hugo Ekitike<\/strong>, the narrative has returned to one of negativity and frustration.<\/p>\n<p>Newcastle launched a bid worth around \u20ac75million for Ekitike and, while Eintracht Frankfurt have suggested an agreement was not reached, some on Tyneside felt a deal was close to being struck. That is before Liverpool entered the bidding and Ekitike \u2014 like Bryan Mbeumo, Dean Huijsen, Liam Delap and Joao Pedro before him \u2014 opted to go elsewhere, rather than move to Tyneside, as Newcastle believe the Frenchman\u2019s camp had indicated he was willing to do.<\/p>\n<p>To compound the situation further, not only did Newcastle miss out on Ekitike, but <strong>Alexander Isak\u2019s<\/strong> future came under intense scrutiny. Liverpool communicated an interest in acquiring the Sweden international for around \u00a3120m, though Newcastle have been adamant for months that Isak is not for sale.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6497315 size-large\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/Alexander-Isak-Ekitike-Liverpool-Newcastle-United-transfer-1024x683.jpg\" alt=\"\" width=\"1024\" height=\"683\"  \/><\/p>\n<p>      Isak is a wanted man\u2026 but Newcastle are determined to keep him (Serena Taylor\/Newcastle United via Getty Images)<\/p>\n<p>When the 25-year-old was then left out of the squad for the deflating 4-0 friendly defeat at Celtic on Saturday \u2014 Eddie Howe, the head coach, stressed the striker\u2019s minutes are being managed during pre-season, though he admitted that at least part of the reason behind his omission was the constant speculation \u2014 the rumour mill went into overdrive.<\/p>\n<p>Yet the message from the top of the club that has been reiterated is that Isak is not for sale \u2014 contract-extension talks, which had been postponed, are still planned to resume later this summer \u2014 and that he will travel to Singapore and South Korea later this week as part of Newcastle\u2019s pre-season tour party.<\/p>\n<p><strong>Sean Longstaff<\/strong>, meanwhile, completed his transfer to Leeds United, which is worth an initial \u00a312m with a potential \u00a33m more in add-ons.<\/p>\n<p>Newcastle are close to completing another elite-pathway signing, too, with <strong>Seung-soo Park <\/strong> present in the stands at Celtic Park on Saturday. The 18-year-old winger is set to join from Suwon Bluewings, following the arrival of Antonio Cordero from Malaga earlier this summer.<\/p>\n<p><strong>Would Yoane Wissa be a good alternative to Ekitike?<\/strong><\/p>\n<p>Newcastle are reassessing their options across multiple positions, given they have missed out on their top targets.<\/p>\n<p>One of those is in attack, where a younger, versatile profile such as Joao Pedro or Ekitike was being sought. Now, Newcastle are considering alternatives, with Brentford\u2019s <strong>Yoane<\/strong> <strong>Wissa<\/strong> among them, even though he was not under active discussion as a target 10 days ago.<\/p>\n<p>Wissa scored 19 Premier League goals last season and has the versatility to play across the frontline. He is experienced in the top flight and would be able to deliver immediately, so, in that regard, moving for the DR Congo international makes a lot of sense.<\/p>\n<p>However, Wissa turns 29 in September, so he is significantly older than the preferred age profile for recruits of 24 and under, while he may miss a significant portion of the season in early 2026 due to the Africa Cup of Nations. Brentford\u2019s asking price could also be a major hurdle.<\/p>\n<p>Moves for other Premier League and European strikers are also being explored \u2014 <strong>Dominic Calvert-Lewin<\/strong>, a free agent after leaving Everton, is one, though Aston Villa\u2019s <strong>Ollie Watkins<\/strong> is not presently under consideration \u2014 but Newcastle are keen not to rush into making a signing for the sake of it.<\/p>\n<p>Although they are confident they will make additions this summer, despite receiving multiple knockbacks so far, there is a recognition that Newcastle cannot afford to bring just any player in. Howe believes they must remain calm and ensure they spend money on the \u201cright players\u201d who will improve the squad.<\/p>\n<p>No bid has yet been made for Wissa, though Newcastle may formalise their interest soon if they determine he is their next-best option.<\/p>\n<p><strong>What positions\/players are they still looking at?<\/strong><\/p>\n<p>Goalkeeper, centre-back, and a forward to replace Callum Wilson are the priority positions, while a midfielder to replace Longstaff would also ideally be recruited.<\/p>\n<p>Newcastle have pursued <strong>James Trafford<\/strong> for more than a year but have struggled to make substantive progress during negotiations with Burnley this summer, given their divergent respective valuations of the goalkeeper. Manchester City, his former club, have Trafford on a list of possible goalkeeper options. Newcastle risk losing out on another key target.<\/p>\n<p>Should Newcastle fail to sign Trafford, there is no guarantee they will move for another goalkeeper, despite scouting Lille\u2019s <strong>Lucas Chevalier<\/strong>, among others.<\/p>\n<p>Centre-backs based in the Premier League and across Europe have been discussed during recruitment meetings. Newcastle remain interested in <strong>Marc Guehi<\/strong>, the Crystal Palace and England defender who is in the final year of his contract, having failed in a month-long pursuit last August. Atalanta\u2019s <strong>Giorgio Scalvini<\/strong> and Marseille\u2019s <strong>Leonardo Balerdi<\/strong> have also featured during transfer discussions.<\/p>\n<p>While their long-term need for a new right-sided centre-back is acute, Newcastle have struggled to find an available option of suitable quality so far. Chelsea\u2019s <strong>Axel Disasi<\/strong> is not under consideration, despite reports to the contrary, while Juventus\u2019 <strong>Nicolo Savona<\/strong> is not an active option, either.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6058278 size-large\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/GettyImages-2192428117-1-1024x682.jpg\" alt=\"\" width=\"1024\" height=\"682\"  \/><\/p>\n<p>      Guehi is admired by those at St James\u2019 Park (Julian Finney\/Getty Images)<strong>Which players could be leaving?<\/strong><\/p>\n<p><strong>Isak<\/strong> will not be departing, Newcastle insist \u2014 though it is not just their star striker who they have no need or appetite to sell. The consistent and firm message has been that Newcastle will rebuff interest in <strong>Sandro Tonali, Bruno Guimaraes, Anthony Gordon<\/strong> and <strong>Tino Livramento<\/strong>, who is repeatedly linked with Manchester City.<\/p>\n<p>However, <strong>Odysseas Vlachodimos<\/strong> is available, most likely for a loan given the PSR ramifications of selling the Greece international who Newcastle paid \u00a320m for, and Real Betis are among the clubs interested in the 31-year-old. Newcastle would likely need to cover a significant portion of Vlachodimos\u2019 wages, should he be loaned out. Vlachodimos was not included in the Newcastle squad for Saturday\u2019s defeat at Celtic.<\/p>\n<p><strong>Martin Dubravka<\/strong> had been expected to leave and may still do so, though the Trafford situation and lack of progress in agreeing a deal with Burnley mean that it is not certain another goalkeeper will be signed. In that eventuality, Dubravka is likely to stay.<\/p>\n<p><strong>Matt Targett<\/strong> is available, despite starting at Celtic, and so is <strong>Isaac Hayden<\/strong>, whose current deal expires next summer.<\/p>\n<p><strong>Joe Willock<\/strong> has two years left on his contract and has been linked with moves elsewhere, though Howe would ideally like to keep the former Arsenal midfielder, especially following Longstaff\u2019s exit.<\/p>\n<p style=\"text-align: right;\">Chris Waugh<\/p>\n<p>Tottenham Hotspur<strong>What has happened this week?<\/strong><\/p>\n<p>Even if it has been a slow week in the transfer market, this was the week that felt like the Thomas Frank era truly began at Tottenham Hotspur.<\/p>\n<p>The whole squad are now back in pre-season training, and Frank took his first friendly in charge when Spurs beat Reading 2-0 on Saturday. The pre-season Asia tour, the UEFA Super Cup and then the start of the Premier League will be here before we know it.<\/p>\n<p>In the transfer market, it has been a quieter week than the previous one.<\/p>\n<p>The <strong>Morgan Gibbs-White<\/strong> situation remains unresolved. No other players have come in. The only solid news has been departures. <strong>Alfie Dorrington<\/strong> has gone back to Aberdeen on loan, while Republic of Ireland goalkeeper <strong>Josh Keeley<\/strong> has joined League One Luton Town on a permanent deal.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6353134 size-large\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/GettyImages-2212266351-scaled-e1752161626338-1024x680.jpg\" alt=\"\" width=\"1024\" height=\"680\"  \/><\/p>\n<p>      Gibbs-White\u2019s Forest future remains unclear (Alex Pantling\/Getty Images)<strong>Is Gibbs-White going to happen, or are Spurs going to have to move on?<\/strong><\/p>\n<p>After a dramatic end to the previous week, when it felt as if Gibbs-White was right on the brink of becoming a Tottenham player, things have certainly slowed down over the last week.<\/p>\n<p>Gibbs-White played for Forest in their friendly against Monaco this weekend and was due to be part of the Forest squad that went to Portugal for a pre-season camp this week, but did not travel on Monday due to private reasons.<\/p>\n<p>His team-mate Ola Aina said that Gibbs-White was \u201ckeeping it professional\u201d at Forest this week. But ultimately Gibbs-White\u2019s future remains uncertain. Forest were certainly frustrated that Tottenham\u2019s \u00a360m bid matched a confidential release clause in Gibbs-White\u2019s contract. But the situation has been stuck in limbo for the last week.<\/p>\n<p>The question is whether the combination of Tottenham\u2019s interest and the clause is enough to get the deal done. Or whether Spurs eventually have to shelve this particular idea and look in another direction.<\/p>\n<p><strong>What positions\/players are they still looking at?<\/strong><\/p>\n<p>Many fans will ask if they still need an upgrade in the middle of the pitch. Regardless of what happens with Gibbs-White, the bigger issue Spurs have had for the last few years is in the No 6. Against Reading, they started with Rodrigo Bentancur and Pape Matar Sarr in front of the defence, with Yves Bissouma coming on at half-time.<\/p>\n<p>The one name in that area of the pitch that Spurs have been linked with is <strong>Joao Palhinha<\/strong>, the Bayern Munich midfielder. He is available this summer, but Spurs\u2019 preference would be for a loan rather than a permanent move.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6506428 size-large\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/GettyImages-2223582500-1024x695.jpg\" alt=\"\" width=\"1024\" height=\"695\"  \/><\/p>\n<p>      Could Palhinha solve Spurs\u2019 problems at No 6? (Kevin C. Cox\/Getty Images)<\/p>\n<p>Spurs look secure at centre-back now, with Luka Vuskovic impressing against Reading, and Kota Takai still to come into the mix too. They could still want some more depth at full-back, although Kyle Walker-Peters, with whom they were linked, has gone to West Ham United.<\/p>\n<p><strong>Which players could be leaving?<\/strong><\/p>\n<p>There are still question marks over the future of two of Spurs\u2019 highest-profile players, captain <strong>Son Heung-min<\/strong> and vice-captain <strong>Cristian Romero<\/strong>. Son only has one year left on his contract after Tottenham triggered an extension at the end of last season. Romero has two years left and has been the subject of interest from Atletico Madrid, although they have decided this month to turn their attention to other targets, believing that Spurs want to keep Romero and would like to extend his contract.<\/p>\n<p>Frank picked both Son and Romero for his first friendly as Spurs manager. Romero started as captain before Son took the armband for the second half. And when Frank gave his pre-match press conference \u2014 his first public engagement in his new role \u2014 he kept his cards close to his chest regarding the futures of those two players.<\/p>\n<p>\u201cIf a player has been at a club a long time, then there will always be a decision for the club to take,\u201d Frank said when asked about Son. \u201cRight now, he\u2019s here, that\u2019s what I\u2019m focusing on,\u201d Frank said of Romero. \u201cHe\u2019s here and very committed. I know he\u2019s looking forward to the season.\u201d<\/p>\n<p>Beyond those two, it also remains to be seen what will happen in the cases of\u00a0Bissouma,\u00a0Bentancur and <strong>Richarlison<\/strong>, experienced players whose roles under the new manager remain unclear.<\/p>\n<p style=\"text-align: right;\">Jack Pitt-Brooke<\/p>\n<p>Barcelona<strong>What has happened this week?<\/strong><\/p>\n<p>Barcelona have agreed a deal to sign <strong>Marcus Rashford<\/strong> on loan for the season. The agreement was struck on Saturday between all parties and will include a buy option. Manchester United will not be covering Rashford\u2019s salary at all, with the player taking a pay cut in order to facilitate his arrival at Barcelona.<\/p>\n<p>Rashford landed in Barcelona on Sunday and went through the medical checks at the Joan Gamper training complex the next day. He is expected to join the team\u2019s training session this week and to travel to South Korea and Japan for Barcelona\u2019s pre-season tour. Barcelona have an option to buy Rashford for \u20ac30million (\u00a326m).<\/p>\n<p>Hansi Flick men completed the first week of training sessions, with <strong>Marc-Andre Ter Stegen<\/strong> still to feature in them. The goalkeeper has a back injury, which is stopping him from training with the rest of the team, and increases the uncertainty around his future.<\/p>\n<p>Club sources admit Barcelona have had surgery on the cards as a potential procedure for Ter Stegen. This could potentially rule out a departure of the 33-year-old this summer, but at the same time allow the registration of one new player if his injury keeps him sidelined for at least four months. Barcelona could apply for the long-term injury exception allowed for in La Liga\u2019s salary limit rulebook and use a chunk of Ter Stegen\u2019s salary to sign a new player.<\/p>\n<p>When it comes to off-field issues, Barcelona also confirmed last week the suspension of their return to the Camp Nou, which was scheduled for August 10 to play the Joan Gamper pre-season trophy game.<\/p>\n<p><strong>Is Rashford\u2019s imminent arrival the only sort of signing Barcelona can afford?<\/strong><\/p>\n<p>Well, on paper, Barcelona can\u2019t really register any new signing now, unless they offload some of the current players on the wage bill and find new sources of income. So yes, any signing beyond Rashford will only add another problem in that department for the Catalans.<\/p>\n<p>Club sources told The Athletic they don\u2019t expect any other major piece of business once the signing of a new attacker is completed. With Rashford on his way in, this box has been ticked.<\/p>\n<p><strong>What positions\/players are they still looking at?<\/strong><\/p>\n<p>Not many, as the main demands from Flick have been handled with the arrivals of Joan Garcia and Marcus Rashford.<\/p>\n<p>Now the German manager believes the team is well-equipped up front and in midfield, where he has plenty of options with the return of Marc Bernal.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6349641 size-large\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/GettyImages-2213233633-1024x683.jpg\" alt=\"\" width=\"1024\" height=\"683\"  \/><\/p>\n<p>      Flick has most of his Barca squad needs already sorted (Denis Doyle\/Getty Images)<\/p>\n<p>You can make a case that there are more weaknesses to be dealt with in the defensive line, but with no current departure expected for the likes of <strong>Andreas Christensen<\/strong> or <strong>Ronald Araujo<\/strong>, they won\u2019t happen.<\/p>\n<p><strong>Which players could be leaving?<\/strong><\/p>\n<p>The first name on the list is <strong>Ter Stegen<\/strong>. The club would like him to leave this summer. Flick has already told the German he won\u2019t start as his number one choice next season, but the money he is owed in the next three years of his current deal \u2014 which includes salary deferrals \u2014 point towards a contract termination as the only potential way for Barcelona to part ways.<\/p>\n<p><strong>Andreas Christensen<\/strong> is another player Barcelona are open to letting go, but the player wants to stay for the last year of his contract \u2014 even though he might be the fifth-choice centre-back.<\/p>\n<p><strong>Pau Victor<\/strong>, 23, is expected to be on the move. Multiple European clubs have enquired about his situation, but Barcelona have set a \u20ac10m price tag that prevented any progress from being made. The player is open to leaving, especially after the arrival of Rashford.<\/p>\n<p style=\"text-align: right;\">Pol Ballus<\/p>\n<p>Real Madrid<strong>What has happened this week?<\/strong><\/p>\n<p><a href=\"https:\/\/www.nytimes.com\/athletic\/6487745\/2025\/07\/14\/real-madrid-complete-signing-of-alvaro-carreras-from-benfica\/\" target=\"_blank\" rel=\"noopener\"><strong>Alvaro Carreras<\/strong> was officially presented last Tuesday<\/a>, arriving for \u20ac50million from Benfica. With the signing of the Spanish left-back, the club has now invested more than \u20ac180million this summer, including the arrivals of Franco Mastantuono (\u20ac63.2m), Dean Huijsen (\u20ac58m) and Trent Alexander-Arnold (\u20ac10m).<\/p>\n<p><a href=\"https:\/\/www.nytimes.com\/athletic\/6232543\/2025\/07\/17\/lucas-vazquez-real-madrid\/\" target=\"_blank\" rel=\"noopener\">Defender <strong>Lucas Vazquez<\/strong> gave his official farewell last Thursday<\/a> at an event, accompanied by president Florentino Perez. According to sources close to the 34-year-old, his idea is to continue competing at an elite level. Segunda side Deportivo de la Coruna (the club of his hometown, Curtis, in the region of Galicia) would love to see him in their shirt in a move that would be similar to Santi Cazorla at Oviedo.<\/p>\n<p><strong>Madrid have lost experience this summer \u2014 is this a concern?<\/strong><\/p>\n<p>Yes, and it is a worry that is not new. From the start of last season, it was apparent within the dressing room that Madrid had lost leadership with the departures of Karim Benzema, Toni Kroos and Nacho Fernandez in recent years.<\/p>\n<p>Although he was less talkative, the departure of <strong>Luka Modric<\/strong> to Milan has only exacerbated this situation.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6375521 size-full\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/GettyImages-2201504291-scaled-e1747928962885.jpg\" alt=\"\" width=\"2560\" height=\"1280\"  \/><\/p>\n<p>      Modric leaves Madrid after 13 seasons (Mateo Villalba\/Getty Images)<\/p>\n<p>Nevertheless, there are players within the squad who are considered to be capable of carrying the baton in the coming seasons.<\/p>\n<p>As Jesus Vallejo (who was at Madrid until last season) acknowledged in a recent interview with The Athletic, both Dani Carvajal and Federico Valverde can now lead the team.<\/p>\n<p>The club has specialised in recent years in signing promising young players and those whose contracts are due to expire. Madrid may try to sign some experience from outside, although nothing else is understood to be advanced for this summer.<\/p>\n<p><strong>What positions\/players are they still looking at?<\/strong><\/p>\n<p>Club sources believe that, for the moment, the squad will remain as it is \u2014 pending the presentation of Mastantuono, which is planned for mid-August when he turns 18.<\/p>\n<p>However, sources close to the first team believe there is an \u201coverbooking\u201d of forwards and there could still be some exits. For example, in the coming weeks it we should follow closely the situation with <strong>Rodrygo<\/strong>. <a href=\"https:\/\/www.nytimes.com\/athletic\/6445808\/2025\/06\/24\/rodrygo-real-madrid-transfer-future\/\" target=\"_blank\" rel=\"noopener\">As reported last month, the Brazilian\u2019s future at the club is unclear<\/a>.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6445814 size-full\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/GettyImages-2220353449-scaled-e1750696209989.jpg\" alt=\"\" width=\"1635\" height=\"1092\"  \/><\/p>\n<p>      Rodrygo has been linked with a move away from the Bernabeu (Robbie Jay Barratt \u2013 AMA\/Getty Images)<strong>Which players could be leaving?<\/strong><\/p>\n<p>After the renewal of Thibaut Courtois\u2019s contract until 2027, it remains to be seen what his alternative in goal, <strong>Andriy Lunin<\/strong>, will do. The Ukrainian has commented on several occasions at Valdebebas that he wants to stay at Madrid, and everything indicates he\u2019s staying, but his agents are still keeping an eye on the market.<\/p>\n<p>It is also interesting to see what happens with <strong>Fran Garcia<\/strong>. His camp feels the club wants him to stay despite the arrival of Carreras. Club sources say he has a contract until 2027 and that it makes no sense for players in that situation to be told that they have to stay.<\/p>\n<p>Twenty-year-old central defender <strong>Jacobo Ramon<\/strong> is close to signing for Como. If the deal goes through, the Serie A side will follow the same strategy as they did when they signed Nico Paz from Madrid last summer. They will buy 50 per cent of his rights, and Madrid will keep the other 50 per cent. According to sources at the Italian team, the deal is valued at \u20ac2.5million plus add-ons.<\/p>\n<p>But he is not the only player from Madrid\u2019s academy who is close to trying his luck elsewhere. <strong>Mario Martin<\/strong>, the 21-year-old midfielder, has strong interest from several teams, especially Getafe, who hope to close the deal in the next few days.<\/p>\n<p><strong>Dani Ceballos<\/strong>, as he publicly acknowledged last week, is open to leaving the club. Although he has always been linked with Real Betis, it remains to be seen whether they will make a formal offer because the 28-year-old midfielder has a contract until 2027. Sources close to the situation think there could be news in the next few days.<\/p>\n<p style=\"text-align: right;\">(Top image: Illustration: Dan Goldfarb \/ The Athletic; Alex Pantling\/UEFA, Stefan Matzke\/sampics \/ Getty Images)<\/p>\n","protected":false},"excerpt":{"rendered":"Welcome to the eighth edition of The Athletic\u2019s Transfer DealSheet for the summer 2025 transfer window. Our team&hellip;\n","protected":false},"author":2,"featured_media":281923,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8815],"tags":[161,199,21116,748,1614,885,1925,393,4884,179,886,98,12283,3047,101,544,10031,201,16,15,46400],"class_list":{"0":"post-281922","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-liverpool","8":"tag-arsenal","9":"tag-barcelona","10":"tag-brighton-hove-albion","11":"tag-britain","12":"tag-champions-league","13":"tag-chelsea","14":"tag-crystal-palace","15":"tag-england","16":"tag-great-britain","17":"tag-liverpool","18":"tag-manchester-city","19":"tag-manchester-united","20":"tag-mls","21":"tag-newcastle-united","22":"tag-premier-league","23":"tag-real-madrid","24":"tag-soccer","25":"tag-tottenham-hotspur","26":"tag-uk","27":"tag-united-kingdom","28":"tag-us-mens-national-team"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114895722107301831","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/281922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=281922"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/281922\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/281923"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=281922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=281922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=281922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}