Arsenal transfer news and rumours live: £1.5m wonderkid deal close, Thiago boost, Torreira exit

Hello and welcome to the Arsenal transfer blog.

The Gunners are back in action tomorrow afternoon when they return to Wembley for the Community Shield clash against champions Liverpool.

Off the pitch, Mikel Arteta’s side are pushing to complete several signings before the 2020/21 Premier League campaign gets underway against

Defender Gabriel Magalhaes thought to be set to join from Lille in a £27m deal, while Bayern Munich midfielder Thiago and Barcelona’s Philippe Coutinho have also been linked in recent weeks.

There’s also news of some potential outgoings with the likes of Sead Kolasinac, Lucas Torreira, and Rob Holding all possible candidates to leave.

In addition, yesterday it was confirmed that wonderkid Sam Greenwood is close to joining newboys Leeds United with Arsenal set to pocket a fee of around £1.5 million, although add-ons could take the fee up to £3 million.

Scroll down for the latest updates throughout the day on all the latest transfer updates.