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Transfer news LIVE! Ugarte to Chelsea OFF; Arsenal to sign Rice and Caicedo; Man United, Tottenham latest

The summer transfer window is still not yet open but Chelsea, Arsenal, Tottenham and Manchester United are all busy chasing deals. Chelsea were closing in on their first signing of the Mauricio Pochettino era in the form of Manuel Ugarte, though reports overnight claim the club has sensationally withdrawn from the race to give Paris Saint-Germain a free run at the Sporting Lisbon midfielder.

Arsenal could make their first bid for West Ham star Declan Rice this week, and want to partner him with Brighton’s Moises Caicedo who they have reportedly already agreed personal terms with. Manchester City captain Ilkay Gundogan is another major midfield target. Tottenham are close to appointing Ange Postecoglou as their new manager after he told Celtic of his wish to leave, though Spurs may now have to contend with a mega £100million Real Madrid offer for Harry Kane.

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