Welcome to Sports Mole's live transfer blog on Wednesday, July 22.
There's only a handful of weeks remaining before the football season gets underway on UK shores and abroad, but transfer news continues to dominate the headlines.
The window will be open for business until September 2, meaning that there is plenty of time for clubs to strengthen their squads further.
Rest assured that we will keep you up to date with all the latest developments as they happen.
And on that Arsene Wenger-related note, we bring a close to the blog. We'll be back at 7am with all the latest news from the transfer window, and as the new season creeps ever closer, we're expecting more and more deals to be pushed through...
Arsenal boss Arsene Wenger has been speaking about his movements in the transfer market. We'll have that full story to you before close of play at 2am...
West Ham United have seen an offer for Kevin Mirallas rejected by Everton earlier this summer, and a new report has claimed that the Hammers have tabled an improved bid for the Belgium international. The full story is here.
Manchester United winger Ashley Young has revealed that he is in preliminary discussions with the club over a new contract. The ex-Aston Villa man is a key member of Louis van Gaal's squad, and is now in talks over a contract extension. The full story is here.
Queens Park Rangers boss Chris Ramsey has given the latest on reports linking Charlie Austin with a move away from the Championship. We'll have that story shortly.
Here's more from Origi and what he feels Benteke will bring to Liverpool this season. You may be forigven for Origi being disappointed to see his compatriot arrive through the door at Anfield, but the ex-Lille man thinks that the former Aston Villa man has the lot and he has backed him to be a success for Brendan Rodgers's side.
Divock Origi has been talking about his new Liverpool teammate Benteke and what he feels his Belgium international colleague with bring to Anfield. We'll have that full story shortly.
A large chunk of Benteke's fee would have been taken out of the sum received from the sale of Sterling, which in turn has knocked Stevan Jovetic down the Manchester City pecking order. It's the transfer merry-go-round in full swing, and the next stage looks like being Jovetic leaving to join Inter Milan.
DONE DEAL! Big news coming out of Anfield as the signing of Christian Benteke from Aston Villa has finally been completed. Find that developing story by clicking here.
Man City have already made one of the biggest signings of the summer in Raheem Sterling, but they don't seem to be content with breaking the English transfer fee. They could break the British record of £59.7m too if they are to bring Kevin de Bruyne to the Etihad as reports suggest.
Mark Warburton's Rangers signed their seventh player of the summer a little earlier and you'll have to click here to find out who it is .
Liverpool have been linked with a move for Inter Milan's Mateo Kovacic, but it doesn't sound like the midfielder will be leaving the Nerazzurri this summer.
Goalkeeper Sam Johnstone has never made a competitive appearance for Manchester United, but he has featured for the Red Devils in their pre-season tour of the US recently. Preston want to sign him again after a successful loan spell last term, but the stopper isn't sure where he features in Louis van Gaal's plans at this time.
After breaking the news of Mauro Lanzini's arrival earlier, West Ham co-chairman David Gold has revealed which position he next wants to strengthen at the East London outfit.
7PM UPDATE! It's been another busy day of deals and rumours and our evening update is just what you need to catch up.
DONE DEAL! Another move on the continent as Ricardo Quaresma moves back to Besiktas after his release by Porto.
DONE DEAL! Atletico Madrid confirm that Mario Suarez has joined Fiorentina as part of the deal that took former Manchester City defender Stefan Savic to the Vicente Calderon. More here.
Will David de Gea and Victor Valdes still be Manchester United goalkeepers by the end of the summer transfer window? If not, Sergio Romero might be the new number one at Old Trafford.
Reading have announced that Stephen Kelly is now a free agent after failing to agree terms on a new contract with the Royals. More here.
Watford have made their second signing of the day with the capture of Jose Manuel Jurado from Spartak Moscow. The 29-year-old has signed a three-year contract at Vicarage Road and joins Miguel Britos in becoming a Hornet today.
Stoke City have reportedly re-ignited their interest in Barcelona youngster Adama Traore, who is expected to leave the Catalan outfit on loan this summer. The 19-year-old has been with Barcelona since 2004 and scored his first senior goal for the club in their Copa del Rey clash with Huesca last season.
Fulham have reportedly made an improved third offer for Brighton & Hove Albion defender Lewis Dunk. Recent speculation has suggested that the Londoners have recently seen £2.5m and £3m bids for the 23-year-old rejected by their Championship counterparts.
Chelsea have confirmed that Wallace has left the club on a season-long loan deal. Find out where the 21-year-old has gone here.
Inter Milan have reportedly agreed a deal with Wolfsburg for the signing of Croatian international Ivan Perisic on a long-term contract. The 26-year-old joined Wolfsburg from Borussia Dortmund in 2013 and has netted 20 times in 84 games for the German outfit.
Aston Villa are reportedly interested in signing Bordeaux striker Diego Nolan. The Premier League outfit are expected to be in the market for a new striker this summer when Christian Benteke finally completes his move to Liverpool.
Everton manager Roberto Martinez has reportedly identified Udinese's Thomas Heurtaux as his main defensive target this summer, amid speculation that John Stones is bound for Chelsea. You can read more about that development here.
Experienced German international Kevin Grosskreutz has admitted that he could leave Borussia Dortmund this summer. The 27-year-old's current deal at BVB expires next summer and with no fresh contract on the horizon, the midfielder's future is unclear.
Norwich are very interested in signing Robbie Brady from Hull this summer, but Steve Bruce has insisted that he won't be sold for less than the club's valuation.
Veteran midfielder David Dunn left Blackburn this summer and is currently without a club. That might be about to change, though, with a nearby Lancashire outfit said to be keen on him.
A couple of lines involving the champions from Germany and Italy - first, Xabi Alonso has said that Arturo Vidal would be a great signing for Bayern Munich, but it looks like the move could also involve Mehdi Benatia going the other way to Juventus.
DONE DEAL! Another deal done in the Championship as Huddersfield Town bring in free agent Martin Cranie. All the details here.
DONE DEAL! You've heard of Vahid Hambo right? Well, if not then you'll have to click here to see exactly who Championship side Brighton & Hove Albion have signed.
Giorgio Chiellini is one of the best no-nonsense defenders in the business, but it doesn't sound like we'll be seeing him in the Premier League in the twilight of his career.
Filipe Luis's first season at Chelsea wasn't a hugely successful one and he is soon to be confirmed as an Atletico Madrid player again, according to the Spanish club's president.
DONE DEAL! ANOTHER new face at Watford as the Hornets complete the signing of Miguel Britos from Napoli. Developing story here.
Derby have been heavily linked with a move for former defender Jason Shackell this summer and now Rams boss Paul Clement has spoken about the possibility of him moving back to the iPro Stadium.
The club haven't announced it yet, but co-chairman David Gold says that West Ham have signed Manuel Lanzini. Developing story here.
Arsenal poached the impressive Hector Bellerin from Barcelona and they might be about to raid the Catalan club again.
Ipswich Town boss Mick McCarthy reveals that he wants to sign two or three more players this summer. The Blues lost in the Championship playoff semi-finals last season and have since lost first-choice left-back Tyrone Mings to Bournemouth.
With Blackburn Rovers under a transfer embargo, teams will have to pay a big wedge if they want to sign either of the Lancashire club's star strikers. Rudy Gestede arguably outshone Jordan Rhodes last season and the Beninese striker could be joining Watford if you believe the latest speculation.
After signing Aleksandar Mitrovic earlier this week, could Newcastle United be about to raid Belgian side Anderlecht for another player? More here.
Esteban Cambiasso will surely attract interest from many sides following his decision to leave Leicester City are just one season. One of those sides is said to be West Ham United, who, according to a newspaper report, want to sign the 34-year-old to bolster their defensive midfield options.
Queens Park Rangers have reportedly made an approach to Crystal Palace for midfielder Adlene Guedioura. The Algerian has struggled to hold down a regular first-team spot at Selhurst Park in the two seasons that he has been with the Eagles.
Liverpool boss Brendan Rodgers has spoken publically for the first time regarding the future of Mario Balotelli. The Italy striker has been linked with a move away from Anfield after just one season with the Reds, and Rodgers has hinted that the 24-year-old could leave Merseyside this summer.
MK Dons could be on the verge of bringing Ryan Hall to the club on a permanent basis. The winger has previously had two loan spells with them, and Bolton boss Neil Lennon has confirmed that the Dons are close to striking a deal.
DONE DEAL! Over to Germany for a moment, where Wolfsburg have added to their squad ahead of the new campaign. The Bundesliga outfit have signed Francisco Rodriguez from FC Zurich for an undisclosed fee.
More from the Championship, where Charlton Athletic have tied down Johann Berg Gudmundsson to a new contract. The Iceland international has penned an extension that will keep him at The Valley until 2019. More here.
Into the Championship now and some news that will please Leeds United fans. Whites head coach Uwe Rosler has insisted that right-back Sam Byram will not be sold by the club this summer, following speculation linking him with Everton and Swansea City.
Zlatan Ibrahimovic has fuelled speculation over his future with Paris Saint-Germain by refusing to respond to rumours linking him with a move away from the French capital. The Swede has insisted that his future is in the hands of his agent. More on this story here.
Charlie Austin's future has been the subject of much speculation throughout the summer, and Crystal Palace co-chairman Steve Parish has given a clue over the striker's next destination. Parish believes it is unlikely that Palace will sign the Queens Park Rangers man because he expects him to join a bigger Premier League club. More here.
More now on the story that broke yesterday, which saw Patrick Bamford move to Crystal Palace from Chelsea on a season-long loan deal. The striker has been speaking about his move to Selhurst Park, stating that it was an easy decision for him to link up with the Eagles.
Liverpool fans, this one's for you! As you well know, Christian Benteke is closing in on a move to Anfield after the Reds reportedly agreed to pay Aston Villa the striker's £32.5m buyout clause last week. According to Sky Sports News, the transfer will be completed today. The 24-year-old Belgian will become Liverpool's seventh signing of the summer if everything goes to plan.
It appears as though the arrivals of Raheem Sterling, Fabian Delph and Patrick Roberts aren't enough for Manchester City midfielder Samir Nasri. The Frenchman has called on his club to sign a "couple more" players. Time will tell if Nasri gets his wish.
Do you want all the latest transfer stories in one place? Of course you do! So, click here to rummage through all the speculation that emerged over the last 13 hours.
Manchester United boss Louis van Gaal never fails to surprise in his press conferences. After his side's 3-1 win over pre-season opponents San Jose Earthquakes in California, the Dutchman told the gathered media that the club is NOT on the verge of signing a new striker. He suggested earlier this week that a 'surprise' forward was on his way to Old Trafford, but now Van Gaal has said that he meant something else. Hmmm...
Good morning all! What is in store for us today then? No club is yet to spend more than the £49m handed to Liverpool from Manchester City for youngster Raheem Sterling, but it's still relatively early days in the transfer window. A September 2 deadline means that plenty more activity is likely to come our way.
