Latest transfer news and rumors: Chelsea alerted as Garnacho price plummets

The transfer window is open throughout Europe, and the rumor mill is in overdrive. Check in every day for the latest buzz from across the soccer world.

👉 Analysis and grades for every major summer signing

Top story: Garnacho valuation slashed by £30M

Manchester United have dropped their asking price for Alejandro Garnacho from £70 million to £40 million. The Argentine international has made it clear that he'd prefer to play for a Premier League team, with Chelsea and Aston Villa both interested. Still, he'd also like to participate in the Champions League, which gives the Blues the upper hand.

Chelsea will need to usher players out of the exit before signing Garnacho, with Christopher Nkunku and Nicolas Jackson among those who could be sold this summer. (ESPN)

Other rumors

July 22

Cheeky Dibu offer snubbed: Manchester United will need to pay £40 million to sign Aston Villa goalkeeper Emiliano Martinez. The Red Devils' audacious loan offer for the World Cup winner was promptly rejected. (The Mirror)

New team for Raheem: Raheem Sterling isn't in Enzo Maresca's plans at Chelsea and can leave the club this summer. Erik ten Hag's Bayer Leverkusen are among a group of European sides interested in the winger. (BBC Sport)

Former bosses battle: Morten Hjulmand has drawn interest from two ex-Sporting CP figures. Ruben Amorim's Manchester United and Manchester City, who now have Hugo Viana as sporting director, both want him. (A Bola)

Gas left in the Muller motor: Thomas Muller will continue his career in Major League Soccer following his release from Bayern Munich. Los Angeles FC and another unnamed MLS club are in the frame. (Sky Sport Germany)

Wissa watch: Yoane Wissa left Brentford's preseason training camp in Portugal amid speculation over his future. He'll meet with director of football Phil Giles to discuss interest from Newcastle United, Tottenham Hotspur, and Nottingham Forest. (BBC Sport)

Player pushed for Palhinha: Tottenham Hotspur need to offload at least one midfielder before brokering a deal for Bayern Munich's Joao Palhinha. Yves Bissouma could be sacrificed. (football.london)

Liverpool still looking: The Reds haven't necessarily finished their summer business after the expected arrival of Hugo Ekitike. Arne Slot would like another center-back. Several options are under consideration, including Crystal Palace's Marc Guehi. (The Athletic)

Juve hit pause: Juventus have put their approach for Manchester United winger Jadon Sancho on hold until they sell at least one player. Nico Gonzalez and Timothy Weah are close to leaving. (Gianluca Di Marzio)

Toffees track Takefusa: Everton are prioritizing the signing of a right winger and have contacted Real Sociedad over the possibility of signing Takefusa Kubo. It's understood he's available for around €40 million. (TEAMtalk)

Xhaka back in EPL: Granit Xhaka has asked Bayer Leverkusen to quickly close a deal with Sunderland so he can move to Wearside. The 32-year-old has already agreed to personal terms with the Black Cats. (The Athletic)

July 21

Liverpool could lose Luis: Bayern Munich have already reached an agreement with Luis Diaz over his transfer. The club executives are set to meet to prepare an offer that they're confident that Liverpool will accept. (Bild)

Itching for Italy: Victor Osimhen has negotiated a way out of Galatasaray in his contract with the Turkish champions. The paperwork following his €75-million move from Napoli will include a clause regarding a possible sale to Serie A clubs for the next two seasons. (Gianluca Di Marzio)

Simons on sale: Xavi Simons' price tag has dropped below €70 million as he enters the final two years of his RB Leipzig contract. Arsenal, Bayern Munich, and Chelsea are interested in the wantaway attacker. (Fabrizio Romano)

Costly Costa: The potential departure of Ederson has opened up the possibility of Manchester City signing FC Porto goalkeeper Diogo Costa. The English club could table a €60-million bid. (maisefutebol)

Antony to Atleti: Atletico Madrid are emerging as front-runners to sign Manchester United outcast Antony. The winger should be available for upwards of £30 million. (The i)

Veiga ready to go: Renato Veiga has approved a move to Atletico Madrid. Los Colchoneros now need to reach an agreement with Chelsea over the fee. The Blues value him at €40 million, including bonuses. (Matteo Moretto)

Chelsea chuck Chuk offer: Chelsea will only entertain a permanent transfer for Carney Chukwuemeka. Borussia Dortmund have been trying to re-sign the midfielder on loan for weeks with no success. (Fabrizio Romano)

Pervis pursuit done: AC Milan and Brighton & Hove Albion have verbally agreed to a deal worth €17 million plus €2 million in add-ons for left-back Pervis Estupinan to swap the Seagulls for the Rossoneri. (Fabrizio Romano)

Gio wants to go: Parma are yet to reach an agreement with Borussia Dortmund over a fee to sign Giovanni Reyna. The American winger is open to joining the Serie A club. (Gianluca Di Marzio)

McAtee fee: Manchester City's £35-million valuation of playmaker James McAtee could prove too costly for Borussia Dortmund, Eintracht Frankfurt, Nottingham Forest, and West Ham United. (The Telegraph)

Inter snub interest: Inter Milan won't sell Francesco Pio Esposito. The Nerazzurri rejected Manchester United's approach for the striker in January, and Atalanta got a similar response over the past few days. (Football Italia)

Flamengo call Saul: Ex-Atletico Madrid midfielder Saul Niguez was joining Trabzonspor on a four-year contract before he canceled his medical in Turkey. He's now verbally agreed to a three-year deal with Flamengo. (Fabrizio Romano)

July 20

Vini issues: Real Madrid are starting to consider selling Vinicius Junior since his form has tailed off. His outbursts are also irritating his teammates and supporters. His representatives' demands for him to be the best-paid player at the club are also nudging him closer to the exit. (Sport)

Randal race: Manchester United and Newcastle United have identified Randal Kolo Muani as an ideal No. 9 signing. Juventus are working hard to sign the striker on a permanent basis after last season's loan from Paris Saint-Germain. (Foot Mercato)

Nico natter: Manchester United have held talks with Nicolas Jackson's agent, Ali Barat, over a potential transfer. The Red Devils would need to offload some players before brokering a deal for Chelsea forward Jackson. (BBC Sport)

Bayern's backup: Bayern Munich could try to sign 20-year-old winger Malick Fofana from Lyon if their new offer for Liverpool's Luis Diaz is rejected. (Fabrizio Romano)

Evan heading out: Evan Ferguson is expected to arrive in Rome on Sunday to complete his loan move. Roma have finalized a season-long arrangement for the Brighton & Hove Albion striker with an option to buy for just under €40 million. (Gianluca Di Marzio)

Auba is back: Pierre-Emerick Aubameyang is set to return to Marseille after a year with Al-Qadsiah in the Saudi Pro League. Marseille made contact with Aubameyang around 10 days ago to inquire about his availability. (L'Equipe)

Forest bidding: Nottingham Forest submitted their first offer to Bologna for Dan Ndoye. The Swiss winger, 24, has already approved the move, so it's now up to the clubs to reach an agreement over his transfer. (Fabrizio Romano)

July 19

Osimhen saga almost over: One of the summer's most protracted sagas is nearing an end after Galatasaray finally met Napoli's financial demands for Victor Osimhen. They'll pay €40 million now, plus another €35 million next year to sign the Nigerian striker on a permanent basis. (Fabrizio Romano)

Bayern not deterred: Despite Liverpool's rejection of a €67.5-million offer earlier this week, Bayern Munich will return with a new bid for Luis Diaz. The Colombian wants to join the German club. (Fabrizio Romano)

Forest eyeing Sancho: Nottingham Forest are preparing a bid to sign Manchester United's Jadon Sancho. The English winger has been heavily linked with Juventus all summer, but Forest view Sancho as a replacement for Anthony Elanga and could close a deal quickly. (The Sun)

'Keeper coming home?: Manchester City are considering re-signing goalkeeper James Trafford from Burnley. The 22-year-old, who came through City's academy, will only return if Ederson or Stefan Ortega leaves. (Sky Sports)

Nwaneri staying put: Arsenal are taking a brief break from signing new players to focus on retaining one of their own. The Gunners agreed to a five-year contract extension with rising star Ethan Nwaneri. (The Telegraph)

Sunderland splashing cash: Sunderland, who've already made a handful of signings this summer, are now adding Armand Lauriente from Sassuolo. The Black Cats will pay £17.5 million for the French winger. (Sky Sports)

Race for Rios: Benfica have entered the mix for midfielder Richard Rios. Roma still haven't reached Palmeiras' €30-million valuation, opening the door for Benfica to swoop in. (Fabrizio Romano)

July 18

Al-Hilal monitoring Isak: Al-Hilal are considering tabling a massive offer for Newcastle's Alexander Isak. The Saudi club thinks a potential transfer could be facilitated by them sharing an owner with the Magpies in Saudi Arabia's Public Investment Fund. (Gianluca Di Marzio)

Zab grab: Tottenham Hotspur are prepared to pay €70 million for Bournemouth's Illya Zabarnyi. However, Paris Saint-Germain are still interested, and the defender would prefer to join them. (Gianluca Di Marzio)

Hammer haggling: Jack Grealish would need to accept a pay cut from his £300,000 weekly salary at Manchester City to join West Ham United, who have registered their interest in the out-of-favor winger. (talkSPORT)

Ederson headed for exit: Brazilian goalkeeper Ederson's Manchester City career is at a crossroads as he enters the final year of his contract. Galatasaray are trying their luck with a €3-million bid. (L'Equipe)

Rasmus musing: AC Milan are exploring the possibility of signing Rasmus Hojlund from Manchester United. The Rossoneri are on the lookout for a striker after Tammy Abraham and Luka Jovic left. (Gianluca Di Marzio)

Gibbs-White wants resolution: Morgan Gibbs-White is seeking clarity over his future before the weekend's over. Nottingham Forest have accused Tottenham of making an illegal approach for him. (The Mirror)

Sargent's major transfer: Wolfsburg are close to reaching an agreement with Norwich City over the signing of Josh Sargent. The American striker could cost £21 million and is keen on the move. (Sky Sports News)

July 17

Hijacking Hugo deal: Liverpool have quickly moved ahead of Newcastle United in the race for Hugo Ekitike's signature. The Reds' offered package exceeds €80 million and personal terms shouldn't be an issue. (The Athletic)

Magpies move on: Newcastle United are expected to step up their interest in Brentford's Yoane Wissa after missing out on Ekitike. Nottingham Forest and Tottenham are also interested in the Congolese international. (BBC Sport)

Donnarumma rumblings: Manchester City and Bayern Munich are eyeing Gianluigi Donnarumma. Paris Saint-Germain offered to renew his contract at a lower salary. The goalkeeper's terms expire in June 2026. (Nicolo Schira)

Rogers raid: Chelsea could submit an offer for Morgan Rogers if Aston Villa make an approach for Nicolas Jackson. Both clubs are performing financial gymnastics this summer. Rogers would cost at least £80 million. (The Sun)

Continassa-bound Conceicao: Juventus will sign Francisco Conceicao on a permanent basis after agreeing to pay at least €30 million to FC Porto over four installments. He spent last season on loan at Juve. (Fabrizio Romano)

Jhon deal done: Wolves have reached an agreement to sign 27-year-old Colombian winger Jhon Arias from Club World Cup semifinalists Fluminense. The transfer will cost €22 million. (ESPN)

July 16

Ademola looking elsewhere: Inter Milan are ready to submit a €40-million offer for Ademola Lookman. Atalanta would prefer at least €50 million. Lookman is keen on the move. (Gianluca Di Marzio)

Weah on his way: Marseille are in advanced talks to sign Timothy Weah from Juventus. The American is likely to join the Ligue 1 club on loan with an obligation to buy. The eventual fee is yet to be determined. (Fabrizio Romano)

Spurs spar with Inter: Tottenham Hotspur are competing with Inter Milan for the signature of Belgian center-back Koni De Winter. Genoa could accept just £22 million for the 23-year-old. (The i)

Capital clubs clash: Brentford and West Ham United have both inquired about Sassuolo's Andrea Pinamonti. The striker, who spent last season on loan at Genoa, has also drawn interest from Bundesliga clubs. (Evening Standard)

Bees buzz around Omari: Brentford are expected to make another attempt to sign Omari Hutchinson after Ipswich Town rejected their £35-million offer for the 21-year-old winger. (Fabrizio Romano)