Paris Saint-Germain have completed the signing of midfielder Vitinha from Porto for a reported fee of €40million, marking their first new arrival of the transfer window.

Barring the permanent capture of Nuno Mendes – who spent last season on loan in Paris – Vitinha is the club's first signing of a new era, with Christophe Galtier widely expected to succeed Mauricio Pochettino as head coach.

Luis Campos, the hugely successful former Monaco and Lille sporting director, has already come in to drive PSG's transfer business – including this first buy.

Vitinha has signed a five-year contract at the Parc des Princes.

The 22-year-old Portugal international returned from a disappointing loan spell with Wolves to play a key part in Porto's Primeira Liga triumph last season, scoring two goals and providing three assists as the two-time European champions finished six points ahead of Sporting CP.

PSG are set for a busy window, having already secured Kylian Mbappe to a lucrative new contract, having fended off Real Madrid's long-standing interest in the France forward.

Further signings are expected in the French capital, with the club reported to have serious interest in Inter defender Milan Skriniar and Lille midfielder Renato Sanches.

PSG begin the 2022-23 season in the Trophee des Champions against Nantes in Israel on July 31, before the Ligue 1 campaign commences the following week, with the defending champions on the road against Clermont.

Sven Botman considered Newcastle United "a little better" than Milan as he weighed up his transfer options, settling on a "dream" Premier League move.

Lille defender Botman is expected to complete his move to Newcastle on Friday, with a deal in principle announced earlier this week.

That reported £31.8million (€37m) agreement brought to an end a long-running saga, with the centre-back the subject of interest from both Newcastle and Milan.

Botman discussed the merits of signing for both clubs following a January window in which neither could convince Lille to sell.

Milan initially seemed favourites to finally land their man following the 2021-22 season, but they could not match Newcastle's offer.

And Botman explained to De Telegraaf: "Newcastle's great project and the chance to play in the Premier League were two decisive aspects in making a decision.

"Milan had also given me good feelings, but Newcastle more so; they seemed a little better.

"I've been dreaming of the Premier League all my life and now this dream comes true."

Botman revealed he was concerned after missing out on a January transfer, believing such opportunities "only pass once".

But he was ultimately pleased to stick around, face Chelsea in the Champions League and depart Lille "in the right way", still joining Newcastle.

Lille president Oliver Letang has denied there have been discussions with Paris Saint-Germain regarding Renato Sanches.

The 24-year-old Portugal international has been heavily linked with a move to the French capital as he is poised to enter the final 12 months of his contract.

Reports have suggested Sanches is closing in on a move to Paris, who are expected to appoint former Lille boss Christophe Galtier as Mauricio Pochettino's successor, with it suggested the midfielder had arrived in the city on Thursday to finalise a transfer.

However, those claims have been rebuffed by Letang as he offered an olive branch to other interested clubs – confirming one offer from an unnamed side.

Milan appeared favourites for Sanches' signature for a long time. They were interested in his Lille team-mate Sven Botman, too, but saw the defender instead head for Newcastle United.

"There are players who can leave and there are players who can't leave. Without naming them today, we want to keep a competitive team," Letang told a press conference after Lille appointed Paulo Fonseca as their new coach.

"Renato is one of the boys who still has a year left on his contract. Renato could or should have gone to Barcelona last summer, before he injured his meniscus. 

"As of today, we've had no contact with PSG. We have seen lots of rumours about offers, but we've received no offer from PSG. 

"Other clubs are interested, especially one great European club, who have already made us offers. That’s the situation with Renato."

Inter have completed the signing of Kristjan Asllani on loan from Empoli with an obligation to buy.

The 20-year-old has signed a contract until June 2027 and will cost Inter €14million, with €4m of that identified as the fee for the initial loan.

A central midfielder, Asllani came through Empoli's youth system and enjoyed a breakout season in 2021-22, featuring 23 times in Serie A as the Tuscans comfortably avoided relegation.

He scored his only goal of the season in a 4-2 defeat to Inter on May 6.

While the youngster is unlikely to be a regular starter initially – rather a back-up to Marcelo Brozovic – he will bolster Inter's midfield following the departure of Matias Vecino and expected exit of Stefano Sensi.

Asllani was present at the club on Wednesday, when Romelu Lukaku completed his loan return from Chelsea, and the Belgium striker was central to a slightly bizarre announcement video.

Speaking to club owner Steven Zhang in the clip, Lukaku said: "I spoke to this guy, the new guy, Asllani... I like his mentality. You'll be surprised. He's only 20, but he speaks like a 27-year-old."

As part of the deal, promising Uruguayan striker Martin Satriano is expected to join Empoli on loan for the upcoming season.

Bruno Fernandes has addressed speculation Cristiano Ronaldo is seeking to leave Manchester United, saying he "doesn't believe" such a move will materialise.

Ronaldo returned to Old Trafford from Juventus last year and finished as United's highest scorer in the Premier League with 18 goals – only behind Tottenham's Son Heung-min and Liverpool's Mohamed Salah in the division (both 23).

However, it was a disappointing season for United as Ole Gunnar Solskjaer lost his job and Ralf Rangnick failed to steady the ship, with the club missing out on a top-four finish and Champions League football.

Recent speculation has suggested Ronaldo is unhappy with United's direction and is seeking a move, and Chelsea have reportedly shown an interest.

Fernandes does not believe a departure will follow, however, and expects to see his compatriot in United training when the pair return from holiday next week.

"From what I've talked to him – we're both on vacation still, and no-one bothers friends on holiday – I hope in four days to find him to train there. I'm not expecting more than that," he told reporters on Thursday.

"As far as I know, there's nothing more to it than that, but everyone takes care of their future. I do not believe that the club is willing to lose an asset like Cristiano."

Fernandes was then asked about the possibility of Ronaldo returning to Sporting CP, where his career began, and acknowledged he was hopeful such a move would happy in the future.

"It would be a great moment for Sporting, almost everyone expects this; I'd like that to happen," Fernandes, also a former Sporting man, added.

"He has the ambition to continue playing for many years. We will see what he will decide, I hope, when the contract with United is over, but the ambition and dream of the fans would be to see Ronaldo playing with the Sporting jersey."

Barcelona have given themselves a major financial boost that should see their salary cap increase significantly after selling 10 per cent of their LaLiga TV rights for the next 25 years to an investment firm.

Last week, club president Joan Laporta promised to activate the "levers" that would ease Barcelona's financial concerns, and Thursday's announcement is the first such step.

The deal sees Barcelona generate capital gains totalling €267million, with Sixth Street Partners making an initial investment of €207.5million.

The investment group will subsequently receive 10 per cent of Barca's domestic TV rights revenue until 2047.

Barca's need for a financial injection was urgent due to their financial year ending on June 30 – their accounts at the end of Thursday would have impacted the salary cap for the upcoming season.

Last year, Barca's financial woes saw their salary cap slashed by €280m to just €97m for the 2021-22 campaign – to put that into context, six clubs had larger wage limits. Real Madrid were top of the pile with a cap of €739m.

That was ultimately the reason they could not sign Lionel Messi to a new contract, but the capital injection on Thursday will allow Barca to end this financial year with a profit, thus ensuring a salary cap increase that should be significant.

The club are also expected to sell almost 50 per cent of the Barca Licensing and Merchandising (BLM) part of the business, but that is now less urgent.

Speaking after the TV rights deal was announced, Laporta said: "We are activating economic levers and executing on our patient, sustainable, and efficient strategy to strengthen the club's financial footing.

"Sixth Street is a proven supporter of football, an experienced investor across global sports and media, and a partner that will contribute significant knowledge and resources while allowing us to independently manage our operations."

Barca are still yet to confirm the arrivals on free transfers of Andreas Christensen and Franck Kessie, who have been strongly tipped to join.

The club are also keen on signing Bayern Munich striker Robert Lewandowski, while Manchester City's Bernardo Silva and Sevilla centre-back Jules Kounde are reportedly key targets.

Thursday's news should allow the club greater room for manoeuvre in the transfer market.

Alvaro Morata has returned to Atletico Madrid after Juventus failed to strike a deal that would keep the Spaniard in Turin.

Juve signed a loan agreement with Atletico back in September 2020, but the finances of the deal always looked to be on the expensive side.

Although initially a one-year loan agreement worth €10million and with a purchase option of €45m, Juve had the right to extend the temporary stay by another season for an extra €10m, which would bring the release clause down to €35m.

But Juve had reportedly been trying to negotiate the purchase figure down since the end of the season, with stories from Italy suggesting they offered €15m, at least €11m less than Atletico's asking price.

A third year on loan had emerged as an option, but seemingly Juventus opted to walk away from the deal as they confirmed on Thursday the striker's second spell at the club is over.

As part of a farewell note on their website, Juventus said: "Alvaro Morata's adventure at Juventus has come to an end.

"The Spanish forward, on loan from Atletico Madrid over the last two seasons, leaves the Bianconeri for the second time and returns to the ranks of Los Colchoneros."

Although Morata's Atletico contract expires next year, rumours at the end of the season suggested the club saw him as a potential short-term solution to Luis Suarez leaving.

The Uruguayan did not have his contract renewed and is expected to join River Plate in Argentina.

Paul Pogba is seemingly closing in on a return to Juventus after the club's CEO claimed talks are progressing "very, very well".

Manchester United confirmed at the start of June that Pogba was set to leave at the end of his contract, with former club Juventus his likeliest next destination.

His United contract officially expired on Thursday, and although he has not already reached an agreement with another club, it would appear to be a formality.

Nevertheless, reports suggest Pogba will be paid significantly less than he was at United, with Juve said to be the only club taking an interest in him.

As such, Juve chief Maurizio Arrivabene seems confident a deal is likely, and the Frenchman will be considered a major signing from a "commercial" perspective.

"We are talking to him, things are evolving very, very well," he told Tuttosport. "[The idea came about] in our meetings, when names are mentioned.

"It was like that with [Dusan] Vlahovic. You open the door, throw a name and everyone looks at you like you're crazy. Then, little by little, the machine starts up and the operation is built.

"[The idea of] Pogba was born this way. His presence will also be fundamental from a commercial point of view, even if my dream is to have an Italian player who is internationally recognised, like a [Francesco] Totti, a [Alessandro] Del Piero, a [Gianluigi Buffon] Buffon."

Arrivabene also expressed regret over last year's departure of Cristiano Ronaldo, who returned to Manchester United.

Ronaldo spent three years at Juve and has been tentatively linked with a move back to Turin – Arrivabene appeared to dismiss that idea, even if he believes the club needs experienced players to guide their more promising youngsters.

"He was not fully exploited because of COVID [the pandemic], but I am convinced that Juve goes beyond every player," he said.

"125 years of history are not written by a single player; the team is more important than individuals, and here everyone has to respect the rules.

"It's not a change of course, but we need points of reference. I saw the Ronaldo effect on our young players, now players like [Nicolo] Fagioli, [Matias] Soule and [Fabio] Miretti must have players to learn from."

Matthijs de Ligt "wants to leave" Juventus according to chief executive Maurizio Arrivabene, who defended the club's conduct over Paulo Dybala's departure.

De Ligt signed for Juve from Ajax in 2019 and has made 87 appearances in Serie A since then, but has struggled to find his feet in Italy, amid high expectations that came with an €85million price tag.

The 22-year-old has been linked with a move away from Serie A with Chelsea said to be interested in striking a deal, and Juventus are reportedly eyeing his transfer as a means to finance new signings.

In an interview with Tuttosport, Arrivabene conceded De Ligt himself is keen to leave Turin, but his departure will ultimately be a matter of satisfying all parties.

"De Ligt? Today it is impossible to keep a player who wants to leave," Arrivabene told Tuttosport. "But it is always a question of numbers, it is not that if one wants to go away you answer, 'Please, take a seat.'

"It is difficult to keep a player, but from the negotiation table all three have to get up satisfied."

Meanwhile, the 65-year-old executive defended Juve's actions that led to Dybala's departure after a protracted renegotiation that ultimately failed to materialise.

The breakdown in contract talks punctuated a tumultuous period between Juve and Dybala upon Cristiano Ronaldo's arrival, following a long-term injury layoff and near exit, with the Argentine breaking down in tears after his final home game for the club against Lazio.

Effectively telling Dybala he was not wanted after Dusan Vlahovic's signing in January, Arrivabene said no player is bigger than the club.

"There was an agreement, then there was the capital increase, we all took a break, of which the prosecutors were informed, and agreed to carry out evaluations within the board of directors," he said.

"We met again and we said that the terms had changed, because we wanted to move in a different way. So from a four-year contract with certain figures, which I would like to avoid mentioning to avoid further controversy, we moved on to another strategy. Also, everyone knows who arrived in January, don't they?

"I hope that Dybala will find the team and the satisfactions he deserves. From our point of view, things have a beginning and an end. Juventus is above everyone who have left a profound mark, but the Juventus name is more important."

Romelu Lukaku declared "it's like coming home" after he returned to Inter from Chelsea on Wednesday.

Lukaku completed a season-long move back to San Siro on Wednesday less than a year after leaving the Nerazzurri to become Chelsea's record signing for a fee of £97.5million.

The Belgium striker only scored eight goals in 26 Premier League appearances for the London club in the 2021-22 campaign.

Lukaku found the back of the net 64 times in 95 games during his first spell with Inter, winning the Serie A title last year before signing for Chelsea for a second time.

The 29-year-old, who has picked 90 as his new shirt number, had made no secret of his desire to play for Inter again and feels he is back where he belongs.

He told the club's official website: "It's like coming home. My family and I were so happy here thanks to the people, the fans and my team-mates. From the first day I arrived here, everyone helped me settle in.

"I'm very happy. I kept my home here when I went to England, so that means something. I'm pleased to be back and now I can't wait to get out there with my team-mates."

Belgium's record goalscorer is determined to put a miserable season with Chelsea behind him.

He added: "It's an amazing feeling. What we achieved here a year ago was fantastic. That goes for the team, the fans and also me personally.

"Inter have given me so much and I hope to do even better than last time. It's now time to work hard as a squad and hopefully do even better than before."

Lukaku also expressed his gratitude to Inter president Steven Zhang for getting the deal done.

"We spoke about so many things and how it seemed impossible for me to come back here, but we managed it and I'm grateful to him for the way he kept pushing and believing it was possible," he said. "We managed to do it in the end and I'm delighted to be back."

Romelu Lukaku has returned to Inter on loan after a disappointing first season back at Chelsea.

The Belgium striker only scored eight goals in 26 Premier League appearances after his club-record £97.5million move back to Stamford Bridge last August.

Lukaku's second spell at Chelsea took another turn for the worse when he said stated in an interview with Sky Italia late last year that he was not happy with his role at the London club.

The  29-year-old declared: "I know I will return to Inter, I really hope so. I am in love with Italy."

He has now got his wish, sealing a switch back to San Siro for the 2022-23 season less than a year after leaving for a huge fee.

"We're back baby. I'm very happy, thanks for the compliments. Remember three years ago, we were here? We're back," he said in a social media video alongside Inter chairman Steven Zhang.

Asked by Zhang whether he promises to 'score lots of goals at San Siro', he added: "That's what we're here for. I keep my promises."

Lukaku will try and help Inter wrestle back the Serie A title from city rivals Milan after he played a huge part in their Scudetto triumph in the 2020-21 season, scoring 24 goals in 32 league games.

During his previous two-year spell, no Nerazzurri player scored more goals (64), provided more assists (17) or created as many chances (133) in all competitions.

The former Manchester United and Everton frontman formed a fearsome partnership with Lautaro Martinez under Antonio Conte as Inter lifted their first league title in 11 years.

Lukaku is likely to also be joined by forward Paulo Dybala, who will reportedly join Simone Inzaghi's side after leaving Juventus as a free agent.

Lautaro Martinez will not leave Inter and is pleased by the return of Romelu Lukaku, his agent says.

The Argentina forward has been linked with a host of clubs as former strike partner Lukaku returns to San Siro, including Tottenham and Chelsea, with Inter's attacking ranks having the potential to be bolstered further with the addition of free agent Paulo Dybala.

However, despite considerable competition, Martinez's agent Alejandro Camano has made it clear his client will remain at the Nerazzurri and is delighted to reunite with Lukaku.

"There's a link between them, that's evident. Wearing this shirt isn't for everyone," he told Gazzetta dello Sport. "It's a great thing.

"Lautaro is happy in Milan, he feels like he's at the centre of things, he's loved.

"Why would we want to leave? To where? We're already at the top."

Martinez was Inter's leading scorer in Serie A last season, when they finished second behind rivals Milan, and his tally of 21 goals was only bettered in the division by Lazio's Ciro Immobile (27) and Juventus' Dusan Vlahovic (24), who joined from Fiorentina in January.

Inter commence their Serie A campaign on August 14 away to Lecce, with their first home game at San Siro coming the following week against Spezia.

Romelu Lukaku has arrived in Milan as he prepares to complete a return to former club Inter.

Lukaku began a second stint at Chelsea last August after the Blues broke their transfer record to bring him back to the Premier League for £97.5million (€115m).

But he was unable to recapture the form that persuaded Chelsea to secure his return, with injuries initially derailing his adaptation.

Lukaku then struggled to suitably fit into Thomas Tuchel's tactical setup, with Kai Havertz ultimately preferred to the Belgian in attack towards the end of the season.

His relationship with Chelsea and the club's fans was not helped by an interview he did with Sky Sports in December, during which he revealed frustration at his first few months back at Stamford Bridge and professed his love for Inter.

Ever since, rumours of a potential return to San Siro have not gone away, and in the past few weeks a deal has looked likely.

Reports recently began to suggest the two clubs had agreed a deal for Lukaku to return to Inter on loan for the upcoming 2022-23 season, and it would appear confirmation is imminent.

Lukaku was filmed leaving Milan airport on Wednesday, posing for photographs with an Inter scarf before getting into a car.

Inter are reportedly set to pay at least €8m (£6.9m) to take Lukaku on loan for the season.

Xavi Simons has turned down a new contract with Paris Saint-Germain, with confirmation on Tuesday he will leave for PSV on a permanent basis until 2027.

Simons, who made 11 senior appearances for PSG since signing in 2019, was reportedly set to leave on a loan with the intent to develop and find an opportunity for regular first-team minutes.

That reported loan deal had PSV as the eventual destination upon renewing with the Ligue 1 champions but, after spending his youth career at Barcelona and PSG, the talented 19-year-old will return to the Netherlands on a free transfer.

The Eredivisie club confirmed Simons had the opportunity to extend with PSG but chose to work under new boss Ruud van Nistelrooy instead.

"He was able to extend in France, but the youth international prefers PSV to the French champion, for whom he played nine games last season," a club statement said.

"We have seen almost all the matches this season where he appeared at the kick-off," PSV director of football John de Jong added. "Besides all the international matches he played for the Oranje squad, we saw him live in the Youth League in Leipzig, Paris, Bruges, Manchester and against Sevilla.

"In this he convinced us. Xavi has everything to grow into an important player for PSV. He would like to walk the path there with us."

Simons is the latest in a long line of youth products to leave PSG instead of establishing themselves in the first team, joining the likes of Kingsley Coman, Christopher Nkunku and Moussa Diaby, along with less successful stories in Adil Aouchiche and Jean-Kevin Augustin.

"After three wonderful years at the club, it’s time to say goodbye," Simons posted on Twitter. "I am very grateful to the coaches, the staff, my team-mates, and all the staff.

"PSG will always be in my heart. For the fans: from the bottom of my heart, Thank you. I love you!"

Chelsea boss Thomas Tuchel is eager to bring in two attacking players this off-season following their third-place Premier League finish last term.

The club's new owners are set to back Tuchel's plans, with the Blues linked to Raheem Sterling, Barcelona's Ousmane Dembele and Everton's Richarlison.

However, Chelsea could be set for their first splash of the window by signing a superstar from Elland Road.

TOP STORY – CHELSEA TO WIN RAPHINHA RACE

Chelsea are set to win the race to sign Leeds United's Brazilian forward Raphinha claims The Guardian.

Raphinha is being pursued by Arsenal and Barcelona along with the Blues, who are set to complete a £55million deal for the 25-year-old.

The winger is contracted with Leeds until 2024 and may follow Kalvin Phillips out of Elland Road with the England midfielder set to complete his move to Manchester City.

ROUND-UP

- The Mail reports Chelsea are also interested in a move for Inter defender Milan Skriniar who has been linked with Paris Saint-Germain. L'Equipe claims that PSG's initial offer for the Slovakian was worth €50m.

- Portugal midfielder Renato Sanches is eager to join PSG from Lille according to Le Parisien, with a €10m offer on the table. Sanches has one year remaining on his contract.

- Univision reports that LAFC are not pursuing Atletico Madrid forward Luis Suarez amid speculation linking the Uruguayan with the MLS club after they recently landed Gareth Bale and Giorgio Chiellini.

- Milan are looking into swooping to sign Juventus' Paulo Dybala who has been heavily linked with Inter, claims RadioRadio.

- Liverpool's Divock Origi is set to join Milan on a four-year deal pending a medical as widely reported by the Italian media.

- Argentinean outlet Relevo reports that Angel Di Maria is set to sign a deal with Juventus on Wednesday, having left PSG as a free agent.