TRANSFERS: Welbeck doing medical at Arsenal- Reports

Arsenal have activated Klaas-Jan Huntelaar's £12.75m release clause and could be on his way to the Emirates.

Lewis Holtby has joined Hamburger SV on a season-long loan from Tottenham Hotspur.

Atlético de Madrid have signed Alessio Cerci from Torino FC

French midfielder Benjamin Stambouli has passed his medical at Tottenham Hotspur to seal a move from Ligue 1 outfit Montpellier.

Arsenal have had a £40million bid for Marco Reus rejected by Borussia Dortmund.

Danny Welbeck is at Arsenal's training ground and will try to force through a move. Prefers Arsenal over Tottenham. According to sky sports official news, Welbeck is currently doing a medical at Arsenal.

Javier Hernandez to Real Madrid on loan

Juventus have once again rejected Manchester United's "last" bid for Auturo Vidal.

Manchester United have agreed a loan deal for Radamel Falcao, subject to the Monaco striker passing a medical and personal terms being agreed.

Falcao, who cost Monaco €60 million (£47.4m) last summer, is set to join Louis van Gaal's squad according to ESPN

United will reportedly have to pay a £12m loan fee for Falcao, who had also been a target for Real Madrid and had been linked with Arsenal and Manchester City

This news has been further confirmed by BBC sport official Twitter handle as well as the Mail online official Twitter handle

#MUFC have agreed a loan deal for Monaco striker Radamel Falcao, subject to medical and personal terms #bbcdeadlineday

BREAKING: Falcao signs for Manchester United on a season-long loan deal

Falcao is set to sign a one year deal with United according to other media reports . The deal will see the 29-year-old Colombian striker picking up £200,000-a-week in wages