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Transfer news LIVE: Man Utd close on Jadon Sancho and eye Jack Grealish, Arsenal wait on Philippe Coutinho, Chelsea near Kai Havertz

Jack Grealish was all smiles after helping Villa stay up: EPA
Jack Grealish was all smiles after helping Villa stay up: EPA

Follow the latest updates live from the second day of the summer transfer window as Manchester United, Chelsea and Arsenal all look for reinforcements to close the gap on Liverpool and Manchester City.

The Independent exclusively revealed that United are now close to completing a deal for Jadon Sancho, Borussia Dortmund's assist machine who aged 20 is already an England regular and one of Europe's hottest properties. And United are so confident of the Sancho deal they have now turned their attentions to the Aston Villa captain Jack Grealish, whose brilliant goal on the final day of the season helped keep his boyhood club in the Premier League.

Arsenal are being linked with Philippe Coutinho, whose time at on loan Bayern Munich is up and who is thought to be seeking another loan move away from Barcelona, while Chelsea are thought to have opened serious negotiations for Bayer Leverkusen's Kai Havertz having now sealed their qualification for next season's Champions League. Follow the live news below.

Liverpool are also keen on Schalke centre-back Ozan Kabak. The 20-year-old Turkey international is rated around the £40m mark, but Schalke could sell him for less due to financial difficulties. The Reds will likely have rivals for his signature, with Manchester City, Juventus and Borussia Dortmund having been linked to Kabak in the past.