Real Madrid finally confirmed the signing of Eden Hazard in a deal which could rise to £150m while Daniel James’ long-anticipated move from Swansea to Manchester United was confirmed for £18m.
Speculation over the future of Ajax centre-back Matthijs de Ligt continues to rumble with PSG moving ahead in the race for the 19-year-old while Romelu Lukaku looks to force a move to Serie A after becoming disenchanted with life at United. Follow all of the latest news below:
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Welcome to The Independent's live coverage of all Wednesday's latest transfer news, rumours, gossip and done deals. We'll cover every breaking story throughout the day, starting with Romelu Lukaku hinting at his impending exit from Manchester United while on international duty with Belgium yesterday.
Romelu Lukaku gave a huge hint that he'll be making his Manchester United exit this summer. Inter Milan and Juventus are both keen on the striker who will meet his agent in the coming days to discuss his future.
Jonathan Woodgate is set to be announced as new Middlesbrough manager today.
The 39-year-old has long been a preferred candidate to replace Tony Pulis and The Sun report that the boyhood Boro fan may attempt to prise Robbie Keane from the Ireland set-up to serve as his assistant manager.
As Ole Gunnar Solskjaer continues to attempt to overhaul his frail defence, Harry Maguire has re-emerged as one of the club's preferred candidates, with Napoli's Kalidou Koulibaly ruled out due to the exorbitant fee he would command.
Rio Ferdinand has admitted he is keen in becoming United technical director but says the role is yet to be totally defined by the club.
"It all depends on the shape of the job," Ferdinand said. "I don't think it's all been outlined at Man United in terms of 'that's the job and this is the description'. I think there's a lot to talk about within that.
"To be fair to Man United, in that kind of role, the responsibility that comes with that, you can't lie and say that that's not a turn-on.
"Because you are helping to shape the fortunes of a club of that stature. That's a huge job."
Paulo Dybala is set to be forced out of Juventus this summer, according to Sky Sport.
The Argentinian winger has struggled to adapt to a wide role since Cristiano Ronaldo's arrival and has suffered as a result. A number of clubs have been keeping tabs on the 25-year-old, including Manchester United.
Ferdinand backs Lampard to success Sarri at Chelsea
Rio Ferdinand has thrown his weight behind his former England teammate, claiming Frank Lampard is the "perfect choice" to take charge at Chelsea.
Lampard's derby narrowly missed out on promotion the Premier League last season while Maurizio Sarri's departure to Juventus appears to be on the finishing line.
"He is the perfect choice. People talk about experience and what-not but what experience did Pep [Guardiola] have when he went into Barcelona's first team? He trained the younger kids at the club," added Ferdinand.
"Frank knows the club and he knows the players and the players will respect him. You can see he can carry himself in a particular way in front of the media and in the football club and he can change things within a season.
"If Chelsea are going to get a ban transfer-wise I don't think they can look anywhere but Frank if I'm honest. Because he and Jody [Morris, Derby assistant manager] they know all the kids from 16 upwards. They know what they can all do."