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Luis Diaz is heading to Bayern Munich after a £65.5m deal was agreed with the German giants and Darwin Nunez and Harvey Elliott could follow him out of the door.
Follow Mirror Football's live blog to stay up to date with everything that's happening.
11:08KEY EVENTLiverpool to bid for Isak this week
Liverpool are reportedly preparing an offer for Alexander Isak this week.
Isak has told Newcastle he wants to leave this summer and Liverpool are his preference.
Watch this space.
(Image:George Wood/Getty Images)10:43Felix KeithReal drop Rodrygo asking price
Arsenal and Liverpool have both been linked with Real Madrid forward Rodrygo this summer - and now the Spanish giants are ready to do business.
Spanish newspaper AS says Xabi Alonso wants to get rid of five players in the coming weeks, with Rodrygo the most high profile.
Having previously valued him at €90million (£76.8m), they are now willing to do business for below that fee.
(Image:Stephen Nadler/ISI Photos/ISI Photos via Getty Images)10:13Dan MarshDoughty set for Millwall medical
Alfie Doughty is set to undergo a medical ahead of a permanent move to Millwall.
Mirror Football revealed yesterday that the Lions were in talks to sign the 25-year-old from Luton Town.
And a move for the versatile left-sided player has now moved a step closer.
Alfie Doughty (Image:Jess Hornby)10:07Felix KeithAntony targeted by Al-Nassr
Al-Nassr have snapped up one Premier League flop - and now they want another one!
Chelsea forward Joao Felix is heading to Saudi Arabia for an initial fee of £26million that could rise to around £43m with add-ons.
And now the club of Cristiano Ronaldo are targeting Manchester United winger Antony, who revived his career with a loan move to Real Betis last season.
Al-Nassr have made a bid for the Brazilian, whose agent has said he would be open to moving to the Middle East.
Ruben Amorim wants to sell Antony (Image:Alex Livesey/Getty Images)09:43Felix KeithIsak-Nunez swap not happening
Alexander Isak to Liverpool is still a possibility, but Darwin Nunez is unlikely to be going in the opposite direction as part of a swap deal.
Luis Diaz's move to Bayern Munich would appear to have put paid to that, with Newcastle looking at Benjamin Sesko as an alternative striker option.
09:11Felix KeithBayern making room for Diaz
Luis Diaz is on his way to Bayern Munich for £65.5million and the German club are clearing a path for him.
Sky Sport Germany says that Bryan Zaragoza is heading to Celta Vigo on loan with an obligation to buy, just 18 months after arriving from Granada.
The winger has not made an impact at Bayern and will return to Spain.
And that has seen a couple of Premier League sides sit up and take notice.
Gianluigi Donnarumma could potentially be available this summer (Image:Getty Images)07:52Dan MarshSaliba to sign new Arsenal contract
William Saliba says he will hopefully sign a new Arsenal contract "soon".
The comments were made to AFTV after the Gunners' pre-season game with Newcastle on Sunday.
The Frenchman has been linked with Real Madrid in recent months but Arsenal are keen to tie him down with fresh terms.
07:30Felix KeithLiverpool selling Diaz to Bayern Munich
Luis Diaz is getting his exit from Liverpool after Bayern Munich agreed a deal worth £65.5million.
Diaz has been agitating for a move all summer and had been keen to join Barcelona.
He's now left Liverpool's pre-season tour to go and complete his transfer to Bayern.
Luis Diaz was left out of Liverpool's pre-season defeat to AC Milan (Image:Nikki Dyer - LFC, Liverpool FC via Getty Images)06:53KEY EVENTArsenal's Eze swap deal unlikely
Arsenal had hoped to use Reiss Nelson as a makeweight in a deal with Crystal Palace for Eberechi Eze, but that now seems very unlikely.
Nelson spent last season on loan with Fulham and is in talks over a move back to Craven Cottage.
Arsenal hope they can still land Eze and believe a £60million deal is doable, despite his release clause being £68m.
(Image:Offside via Getty Images)06:42Felix KeithGood morning
And welcome to another day of transfer news.
We're fast hurtling towards the start of the Premier League season and the clock is ticking on clubs to get their business done.
For more news relating to Arsenal, visit our sister site AFC Latest Live.