Paris St-Germain sign Kylian Mbappe on initial loan deal

French giants Paris St-Germain have signed Monaco wonderkid Kylian Mbappe on a season-long loan with an option to buy him at the end of it.

PSG’s deal with Monaco says that the option is for Mbappe to sign a contract until 2022 at the end of the loan period.

PSG have an ‘option’ to buy – but this is in all probability a way of complying with Financial Fair Play rules. After signing Neymar for £200 million earlier in the summer, signing Mbappe for anything up to £166 million – would mean the club wouldn’t comply with FFP rules. However, by signing him on loan, and then buying him next season, it means that the transfers are counted in different years.

But reports say that UEFA will look very closely at the deal, although you would expect PSG’s lawyers to have made the wording watertight with regard to any problems.

Mbappe has already spoken to PSG’s website about his excitement at joining. “It is with great joy and pride that I join the Paris Saint-Germain. For any young person from the Paris region, it is often a dream to wear the red and blue jersey and to taste the unique atmosphere of the Parc des Princes,” he said.

“I was seduced by the project of the club, it is one of the most ambitious in Europe. Along with my new teammates, I intend to continue my progression today while helping the team to achieve the very big objectives it has set itself. ”

With Neymar and Mbappe together up front, that is a scary front line – surely one to challenge those of Real Madrid and Barcelona. Expectations for PSG will now be sky-high – they will be expecting the French title and at least a Champions League semi-final, if not winning it.

Liverpool sign Alex Oxlade-Chamberlain for £35 million

Liverpool have signed Arsenal and England winger Alex Oxlade-Chamberlain for £35 million.

Earlier this week, it had seemed that Oxlade-Chamberlain, 24, would sign for Chelsea after a fee was agreed, but the winger rejected the move – which is when Liverpool came in with their bid.

Speaking briefly, Oxlade-Chamberlain, who is currently with the England squad, said: “I’m delighted to have signed for Liverpool.”

Speaking to Liverpool’s website, manager Jurgen Klopp said: “I am really, really happy we have got Alex signed. Since the last game I have been waiting and hoping we could make this transfer – and when I got the news he was ours it was fantastic.

“I remember the first time I saw him play live – it was at Dortmund in 2014 and he came on as a sub that day and made a big impact. He stood out immediately because of his pace and skills and his attitude in such a big game for a young player.”

This may not be the only deal Liverpool complete today. The club are in talks with Monaco over a £74 million move for Thomas Lemar, and they haven’t given up hope on signing Southampton defender Virgil van Dijk, who would cost about £60 million.

Arsenal target Julian Draxler to replace Alexis Sanchez

Arsenal are trying to sign Paris St-Germain forward Julian Draxler – and the deal could pave the way for Alexis Sanchez to move to Manchester City.

Manchester City are preparing to make a £60 million plus bid for Sanchez, having had earlier bids rejected. Sanchez has been clear that he wants to leave, with Manchester, and a reunion with Pep Guardiola, his preferred destination.

Arsenal’s move for Draxler would be a direct replacement for Sanchez, and, you would think, would help to quell any supporter unrest at another star player being sold.

Draxler has been on Arsenal’s radar for some time and PSG could be open to selling as the look to balance their books, following the £200 million signing of Neymar and apparently imminent arrival of Monaco’s Kylian Mbappe on a season-long loan before buying him next summer.

Arsenal want a replacement for Sanchez, which is why Raheem Sterling was mooted as a possible makeweight in the deal earlier in the week. However, Guardiola is known to prefer a straight cash deal.

Liverpool look to finalise £74 million deal for Monaco’s Thomas Lemar

Liverpool bosses are meeting with their Monaco counterparts in a bid to thrash out a deal for winger Thomas Lemar – thought to be worth £74 million plus sending Liverpool player on loan to Monaco.

It is thought that, as a sweetener, the Reds will let striker Divock Origi – who is surplus to requirements at Anfield – join Monaco on a season-long loan.

Liverpool’s initial bid was rebuffed by Monaco earlier this week, as the club – presumably sick of having their stars cherry-picked by rivals this summer – initially appeared determined to hold onto 21-year-old Lemar.

However, Lemar has indicated that he would be interested in a move to Liverpool, especially for the chance to work under Jurgen Klopp.
In addition, Monaco have signed Keita Balde from Lazio for £27 million, who could be seen as a replacement for Lemar – a possible indication that the club are preparing to let him go.

If a deal is to be done it may have to be rushed through as Lemar is part of the France squad preparing for a key World Cup qualifier against Holland this weekend.

Danny Drinkwater hands in transfer request after Chelsea bids

Leicester City midfielder Danny Drinkwater has handed in a transfer request, following two bids for him from Premier League champions Chelsea.

Chelsea have had both bids rejected by the Foxes, but are understood to be preparing another bid. Drinkwater’s move would seem to strengthen their hand.

However, Leicester’s management have been adamant that they don’t want to sell the player, who was an instrumental part in the side’s Premier League title win in 2015/16.

Chelsea view Drinkwater as a direct replacement for Nemanja Matic, who joined Manchester United in the summer. A move would also reunite him with N’Golo Kante, with whom he had a successful partnership at Leicester.

It is thought Chelsea will come back with a £40 million bid for Drinkwater, which may be enough to tempt Leicester, although with the transfer window shutting tomorrow, time is running out.