22.06 BST: Sources have told ESPN that Arsenal are confident of signing Mesut Ozil to finally end their summer of difficulty in the transfer market, and have offered Real Madrid what would be a club record bid of €47m for the playmaker.
21.43 BST: Sky Sports report that Wigan Athletic have rejected a bid from Everton, and their former Wigan manager Roberto Martinez, for midfielder James McCarthy, while Crystal Palace are reportedly interested in winger Callum McManaman.
21.41 BST - DONE DEAL: Manchester City have, as widely predicted, signed defender Martin Demichelis from Atletico Madrid for a fee reported to be in the region of £4 million.
21.09 BST: More for Arsenal fans to enjoy after the derby win over Tottenham this afternoon: manager Arsene Wenger has said he remains confident that the Gunners will sign fresh talent before the transfer window closes on Monday night.
Wenger again stressed that he would only spend money to capture “super talents” after a summer of frustration chasing big names. Arsenal have seen ambitious bids to sign Luis Suarez, Wayne Rooney and Gonzalo Higuain fall through, but Wenger said: “I am not against spending money, and maybe in the next 24 hours I will surprise you."
20.44 BST: ‘Eye-watering’ is as good a term as any for the finances surrounding Gareth Bale’s move from Tottenham to Real Madrid. ESPN FC’s Sean Smith explains the workings of the deal.
20.26 BST: ESPN FC Tottenham blogger John Crace is going to miss Gareth Bale. “As a season ticket holder who also travels to more than half the away games, it's been a joy and a privilege watching Bale over the past three seasons. I've seen some great players at White Hart Lane over the years, but I've come round to the conclusion that he's the best of the lot. He can do everything. He can run, he can shoot, he can head the ball and he can tackle.”
20.19 BST: Breaking the world transfer record is a statement of a club's status, capabilities and future intentions. It is also a somewhat basic landmark for the economic landscape of the sport. But it is not a guarantee of success, says ESPN FC’s Miguel Delaney.
20.10 BST: By the way, elsewhere in La Liga Lionel Messi has given Barcelona the lead at Valencia. If Bale is worth €100 million, what would Messi fetch?
20.00 BST: Remember when Bale was a scrawny but promising Southampton player? That hat-trick against Inter Milan for Spurs? Those amazing goals last season? Take a pictorial trip through his career here.
19.50 BST: Here's the welcome:
19.40 BST: When it became evident as early as mid-June that Real Madrid wouldn't take no for an answer in their pursuit of Gareth Bale, Andre Villas-Boas and his highly-respected sporting director Franco Baldini got on with their plans to create a fresh, and even more thrilling chapter in Tottenham's history, says ESPN FC’s Kevin Palmer.
19.30 BST: It is reported that Bale’s wages will be somewhere in the region of £300,000-a-week. That makes him something of a recession-buster.
19.20 BST: And a little bit more from Bale: "Tottenham will always be in my heart, and I'm sure that this season will be a successful one for them. I am now looking forward to the next exciting chapter in my life, playing football for Real Madrid."
19.10 BST: Tottenham chairman Daniel Levy will, surely, be pleased with the fee his club have been paid for Bale, but he sounds as though he feels the Wales international has let him and the North Londoners down. "Gareth was a player we had absolutely no intention of selling as we look to build for the future,” he said. "He is a player whose career we have fostered and developed, and he was only a year into his new four-year contract."
19.00 BST: So, the eyes of the world will be on Bale -- he will be scrutinised as ever before. Is he ready for that? Yes he is, says ESPN FC’s John Brewin.
18.45 BST: Here’s what the man himself has had to say. Speaking to Tottenham’s official website, he thanked the White Hart Lane club and their fans, saying: "I have had six very happy years at Tottenham but it's the right time to say goodbye.
"We've had some special times together over the years, and I've loved every minute of it. I would like to thank everyone at the club -- the chairman, board, staff, coaches and players, and most of all the fantastic fans who I hope will understand this amazing career opportunity. I am not sure there is ever a good time to leave a club where I felt settled and was playing the best football of my career to date. I know many players talk of their desire to join the club of their boyhood dreams but, I can honestly say, this is my dream come true.”
18.35 BST: And so here it is: after Andre Villas-Boas let the cat out of the bag following his side’s defeat in the North London derby, Real Madrid have finally completed the protracted signing of Gareth Bale. For weeks, it has been simply a question of when and how much – we know when, but there is still no confirmation of the fee although it is believed to be a world record €100 million.
If that is the case, the move for Bale, 24, breaks the previous record of £80 million set when Madrid bought Cristiano Ronaldo from Manchester United in 2009. Bale has signed a six-year deal with Madrid and will be presented to the media at a press conference scheduled for 1300 CET on Monday.
18.31 BST: Andre Villas-Boas confirms that Gareth Bale is heading to Real Madrid: "He is a wonderful player, he is going to join Real Madrid so we wish him all the best," the Spurs manager says after the defeat at Arsenal. "He has left us with great memories." Who saw that one coming?!
18.01 BST: Sunderland appear to be going to the wire with their summer business. After a poor showing from Ji Dong-Won on Saturday, striker Fabio Borini is set to join the club on loan from Liverpool, a source close to the Wearsiders has informed ESPN. A compatriot of Di Canio's, is he the man to give the club an extra goal threat?
17:45 BST: Carlo Ancelotti left Mesut Ozil on the bench for today's 3-1 win over Atletico Bilbao but insists it has nothing to do with interest from Arsenal and Manchester United. Read the full story here.
17:31 BST: Man Utd manager David Moyes has told reporters he would be happy going into the rest of the season with the squad he currently has. Despite losing 1-0 to Liverpool today he said, "From what I saw of the players, I'm more than happy with the players I've got."
Deatils of Liverpool's offer for Leandro Damaio from Italian journalist Tancredi Palmeri.
Liverpool's bid for Leandro Damiao ws approx 20m €. Internacional so far rejected:25m€ requested (as rejected in past Tottenham's 22m € one)— Tancredi Palmeri (@tancredipalmeri) September 1, 2013
17:22 BST: Ghanaian forward Jordan Ayew is currently discussing a loan move to BAstia from current club Marseille according to GHANASoccernet.com.
Sunderland have contacted Napoli for fmr Liverpool df Dossena, according to Sky Italy— Tancredi Palmeri (@tancredipalmeri) September 1, 2013
17:10 BST: Mohamed Nagy "Gedo" is hoping to rejoin Hull City Tigers after they made a late bid to loan the striker from Al Ahly this season. Gedo was on loan at the Tigers last season and revealed on his Twitter account, "I received a loan offer from Hull. I'm awaiting the response of [Ahly's] football committee and technical staff. I hope they will accept the offer."
17:00 BST: New Livorno striker Innocent Emeghara has revealed he turned down offers from Champions League qualifiers Celtic and FC Basel in order to stay in Serie A because he loves Italy.
16:53 BST: DONE DEAL Verona again in the news and this time they have confirmed the signing of Atletico Miniero defender Raphael Marques.
16:40 BST: DONE DEAL Busy day for Parma as they secure the signing of 19-year-old Mory Kone from Le Mans. The fee is undisclosed but the French U19 international has signed a four-year deal in Serie A.
16:32 BST: Verona are the surprise leaders in the race to sign Porto forward Juan Iturbe. The Argentine forward had been very close to a move to Inter Milan but Gazzetto Dello Sport say Verona are now the front-runners.
16:23 BST: Arsenal double-winning captain Tony Adams has told Arsene Wenger via Talksport to sign English centre-back Eric Dier from sporting Lisbon.
Moyes is asked about transfers: "I couldn't give you a heads up either way at the moment." #MUFC— Daniel Taylor (@DTguardian) September 1, 2013
16:15 BST: According to Cadena Ser, PSG have made an offer for Real Madrid's Mesut Özil. No more detail than that unfortunately.
16:04 BST: Catania have sold Pablo Barrientos to Qatar-based club Al-Jaish for €6 million according to reports in Gazzetto Dello Sport. The deal has come as a surprise with the Argentine expected to be in the squad for the game tonight against Inter Milan.
Liverpool's transfer dealings should be rather predictable tomorrow.
Rodgers hopes Sakho, Ilori & Moses deals will be completed tomorrow. Any others to come in? "Wouldn't have thought so" he smiles. #LFC— Wayne Veysey (@wayneveysey) September 1, 2013
15:50 BST: Sam Allardyce has told West Ham fans not to expect any dramatic late signings on deadline day. With the Hammers desperate for another striker, Allardyce told reporters, "Until he has put his signature on the paper he hasn’t signed for us even if he is in the building. It makes life extremely difficult for us, but it is also difficult to find players of the quality to play at this level."
15:36 BST: A year after leaving Ligue 1, L'Equipe say Samba Diakhite could end his QPR nightmare and return with Bordeaux interested in his signature.
15:23 BST: Rennes look to have signed Lunas Argentinian striker Silvio Romero from L'Equipe. They say his medical is about to be completed and the move will be confirmed before tomorrow.
Roughly translated this reads: We must face the facts there is no offer Bafé despite the British + Turks and The OL (Lyon) needs a player like him!
Il faut se rendre à l'évidence il n'y a pas d'offre que Bafé accepte malgré les anglais les Turcs et L'Ol a besoin d'un joueur comme lui !— Jean-Michel AULAS (@JM_Aulas) September 1, 2013
15:09 BST: Newcastle United's hopes of signing Bafetimbi Gomis have taken a turn for the worse as Lyon president Jean-Michel Aulas has declared the striker is no longer for sale via Twitter.
15:00 BST: DONE DEAL Werder Bremen have raided Italy and signed Palermo right-back Santiago Garcia on a one-year loan deal.
14:50 BST: Real Madrid youngster Denis Cheryshev is to join Sevilla on loan for the season. The Russian forward had been promoted to the first-team but was only ever going to play a peripheral role this season so has been farmed out to get regular first-team action.
14:38 BST: Tottenham may look to bring Manchester United's Chicharito in on loan if they fail to sign him on a permanent deal by tomorrow's deadline. Sports Direct News claim Spurs are looking to add firepower to their squad and see the Mexican as the ideal signing.
14:30 BST: DONE DEAL Inter Milan have officially announced Walter Gargano has left the club in a loan deal to Parma with an option to buy at the end of the season. The Uruguayan's role in the squad has been marginalised this summer and the switch to the Stadio Tardini is best for all parties.
14:21 BST: Fiorentina have made an offer for Atalanta goalkeeper Andrea Consigli. L’Eco di Bergamo say the deal will be a cash+player deal seeing Egyptian defender Ahmed Hegazy and Polish midfielder Rafal Wolski for the Italian goalkeeper but sources seem to think Atalanta have no interest in selling.
14:15 BST: Inter Milan have sent scouts out to Holland to watch PSV's highly-rated Adam Maher. Tuttosport say the attacking midfielder could be available for around €12-15 million but having only joined PSV two months ago, this could be a no-goer.
Kaka's dream move back to Milan might be coming true at this very moment...
Real Madrid and Milan entered right in this moment in a meeting for Kakà— Tancredi Palmeri (@tancredipalmeri) September 1, 2013
14:06 BST: Complicated one this but... Tancredi Palmeri on Twitter has just revealed that Arsene Wenger had a €9 million deal with Juventus agreed for Fabio Quagliarella last Friday. But when Antonio Conte fumed about Juve selling Alessandro Matri during a press conference, the board were in a meeting with Wenger about signing the striker. However, when they were informed of the outburst from their manager, decided to stop negotiating and keep Quagliarella.
13:57 BST: Shinji Kagawa has found himself out of the team at Old Trafford again and has today been linked by the Daily Star with a move back to Germany to Borussia Dortmund. It is said the Champions League runners up want to bring the Japanese back to Germany if David Moyes no longer sees him in his first team plans.
13:50 BST: Crystal Palace are hoping to bring Calum Mcmanaman to Selhurst Park. The Wigan winger could be available for around £5 million if Ian Holloway can thrash out a deal before the deadline according to the Daily Star.
13:40 BST: Carlo Ancelotti has confirmed Fabio Coentrao will not be leaving Real Madrid this summer. In his post match press conference today he said, "Fabio Coentrao will be at Real Madrid."
13:37 BST: With Celtic failing in a late bid to bring Alexander Buttner from Manchester United to Parkhead, Sunderland have now swooped and the Daily Express say are hopeful of bringing in the Dutchman if the English champions can lure Leighton Baines from Everton to Old Trafford.
Another signing from around Europe confirmed. This time Standard Liege bringing back Mehdi Carcela.
13:30 BST: The Liverpool Echo seem to think Chelsea and Liverpool have come to an agreement aboutthe loan-signing of Victor Moses. They say a medical is scheduled for tomorrow and the deal should be completed along with those of Tiago Ilori and Mahmadou Sakho.
13:23 BST: Spurs don't ever want to stop spending. They've launched an €8 million bid to sign Blackpool's hotshot winger Tom Ince according to the Daily Mail.
Post match reaction from Ernesto Valverde about Ander Herrera's future. He doesn't know really.
Valverde on Herrera "As far as I understand he is staying. I think its pretty simple"— Phil Kitromilides (@PhilKitro) September 1, 2013
13:15 BST: Manuel Pellegrini has told Gareth Barry is in his plans and wants the Englishman to stay at the Etihad this season, all but ruling out a move to Everton.
Signings in France!
13:08 BST: Paolo Di Canio just loves options and is looking to make his 12th signing of the summer by bringing in Liverpool's Fabio Borini in on loan. The Metro say the Italian manager wants his compatriot to end his Liverpool nightmare and join him at the Stadium of Light.
13:00 BST: Arsenal are set to return to Newcastle with a £15 million bid for Yohan Cabaye as Arsene Wenger has told his backroom team he needs a playmaker. The Daily Star say the Gunners are desperate for a high-profile signing and will attempt to push this through before the deadline tomorrow.
The transfer merry-go-round continues and The Times' Jonathan Northcroft thinks most deadline day moves will be linked to other going through.
If Everton sell Fellaini, Martinez wants McCarthy (£15m). But Newcaslte may move for him if sell Cabaye. It's like housing market - chains.— Jonathan Northcroft (@JNorthcroft) September 1, 2013
12:51 BST: BREAKING ESPN FC's man in Germany Stephan Uersfeld has alerted us that Schalke have called a press conference at 2pm today with Julian Draxler said to be the cause of it. Watch this space.
12:49 BST: Hull City Tigers boss Steve Bruce has not ruled out bringing Nicklas Bendtner to the club before the transfer window shuts. However, his high wages could prove a stumbling block as the Dane is not keen on a pay-cut, even in exhange for regular first-team football.
12:40 BST: Despite spending £100 million on seven players already this season, Tottenham look set to pursue Fabio Coentrao despite Real Madrid u-turning and saying he is not for sale. Goal.com say Spurs will try to bring the Portuguese to White Hart Lane for £15 million before the deadline tomorrow.
12:33 BST: David Moyes has five midfielders on his radar as he looks to lure one to Old Trafford before the transfer window closes. The Daily Star say he is looking to bring in any of Daniele De Rossi, Ander Herrera, Luka Modric, Marouane Fellaini or Ilkay Gundogan.
12:25 BST: Julian Draxler has opened up a world of possibilities by claiming he would be open to a move from Schalke if his club accept a bid for him. The 19-year-old told reporters he wouldn't kick and scream if a bid wasn't accepted but if it was, he wouldn't say he was desperate to stay either. Arsenal, take note.
It is official, Chelsea have signed Christian Atsu from Porto and he will go to Vitesse Arnehm on loan for the season.
12:11 BST: Porto look set to sell Silvestre Varela to West Ham as they try and offload the winger before the deadline tomorrow. A Bola understands West Ham are interested in securing his services and are the only club to have made an official enquiry.
12:03 BST: Borussia Dortmund and Manchester United have missed out on 17-year-old hotshot David Henen to Monaco who L'Equipe say are very close to confirming the signing.
11:54 BST: Atletico Madrid defender Martin Demichelis is flying to Manchester to undergo a medical at Man City to rejoin former boss Manuel Pellegrini at the Etihad. While the Argentine leaves Madrid, an Italian, Adriano Galliano, is reported by Gazzetta Dello Sport as on his wya to Madrid to tryand bring Real Madrid's Kaka back to AC Milan with him.
11:43 BST: Everton boss Roberto Martinez is set for a deadline day splurge as they prepare for the departures of Leighton Baines and Marouane Fellaini. Should the pair leave, the Sunday Mirror say Wigan's James McCarthy, Chelsea's Ryan Bertrand and Feyenoord's Bruno Martins Indi will be brought in for a combined £30 million.
11:35 BST: West Brom are looking to sign Tottenham's Jermain Defoe and Sunderland's Stephane Sessegnon according to the Sunday Mirror. Steve Clarke has been worried all window about possibly not signing any more new recruits but it seems the Midlands club will go on a deadline day trolley-dash to sign their targets.
Sky Sport Italia journalist Gianluca Di Marzio says Arsenal are close to signing someone!
11:22 BST: Southampton manager Mauricio Pocchetino has told Fulham Jack Cork is not for sale. The 24-year-old has only played five minutes of football this season as Victor Wanyama has taken his place in the first-eleven but the Argentine coach says he is in his long-term plans.
11:15 BST: Florian Thauvin has been subject to plenty of interest from Marseille and Newcastle but Telefoot now seem to think Tottenham and Arsenal are ready to make a move for the unsettled Lille striker.
11:09 BST: Liverpool look set to have signed Tiago Ilori from Sporting Lisbon as the player's agent told Record the Portuguese has signed a five-year deal with the Reds. The fee is said to be around the €8 million mark and the defender will earn approximately €1 million per year.
11:00 BST: Juventus have given up the chase of Manchester United winger Nani after sporting director Guiseppe Marrotta revealed the Portuguese winger has signed a new deal at the English champions.
Sky Sports Spanish football expert Terry Gibson revealing some shocking history about Ander Herrera. He would've been ice and cheap a few years back.
A load of Prem clubs were interested in Herrera at Zaragoza but wouldn't pay the €8m for a player of that age! Profit time for Athletic!— Terry Gibson (@TerryGibson88) September 1, 2013
10:53 BST: Hilarious update on the Gareth Bale saga. Apparently, according to El Confidencial, Spurs are demanding Real Madrid pay them an extra €10 million on top of the world record fee they're already paying if they sell the Welshman to an English club within four years. Levy is also quoted as 'throwing all kinds of clauses' at the Spanish giants.
Football industry expert Tor-Kristian Karlsen says Man Utd should not baulk at Bilbao's valuation of Ander Herrera.
Slightly surprised Manchester United didn't move earlier, but the way the market has turned out £31M (release clause) isn't too outrageous— Tor-Kristian Karlsen (@karlsentk) September 1, 2013
10:45 BST: Everton have had a bid for Wigan's James McCarthy rejected. Sports Direct News say the Toffees offered around £10 million for the Irish international as Roberto Martinez looks to snap up yet another of his former players from the Latics.
10:41 BST: Carlo Ancelotti has blocked the sales of Fabio coentrao and Angel di Maria to Tottenham and Arsenal respectively as he says the pair still have a future at the club. Goal.com say Ancelotti will tell the pair that Gareth Bale's arrival will have no impact on the amount they will play this season.
10:30 BST: Arsenal are set to hijack Cardiff City's move for Ecuador's Jefferson Montero if they fail to land one of their big-name targets. The Sunday Mirror say Arsene Wenger is aware high-profile transfers are difficult on the last day of windows and sees the Ecuardorian striker as a back-up option should they not land their top targets.
10:20 BST: AC Milan boss Massimiliano Allegri has welcomed the idea of bringing former player Kaka back to the club. Speaking after unveiling the signing of Valter Birsa, Allegri said, "If he was to come, AC Milan would be stronger because he is a player with great quality." Milan's Luca Antonini has gone in the other direction to Birsa and joined Genoa as part of a swap deal.
10:16 BST: Atletico Madrid's summer spending looks set to continue as BeIn Sport have reported St Etienne's Joshua Guilvogui looks set to be pulled from their game tonight amid rumours a bid has been made. Bad news for Arsenal who were said to be interested in the midfielder.
10:05 BST: DONE DEAL Celtic have allowed rising-star Tony Watt, who scored one of the most famous goals in Scottish football history when he netted the winner against Barcelona last season, to go on loan to Belgian club Lierse. The 19-year-old is still highly thought of by Neil Lennon and will return to Celtic next season.
ESPN FC's European correspondent Andy Brassell tells of PSG fans' farewell for Mahmadou Sakho.
In PSG v Guingamp analysis, quite rightly pointedout how much vocal support there was for departing Mamadou Sakho from Parc des Princes.— Andy Brassell (@andybrassell) September 1, 2013
09:57 BST: QPR boss Harry Redknapp looks set to have won the race to sign Tottenham midfielder Tom Carroll. The youngster is highly rated at Spurs and Andre Villas Boas wants to loan him out to give him more first team opportunities. The Sunday Mirror say Watford and Crystal Palace were interested but it looks like Carroll's former boss Redknapp has done enough to lure the England U21 international to Loftus Road.
09:50 BST: The Daily Mail say Spurs supremo Daniel Levy has delayed Gareth Bale's move to Real Madrid in order to derail any ambitions Arsenal had of signing Mesut Ozil, Karim Benzema or Angel Di Maria from Los Blancos.
09:45 BST: Atletico Bilbao's Ander Herrera has told the club he wants to join Man Utd and he has already agreed a five-year-deal according to El Correo. The fee is believed to be around the €36 million mark even though reports in the UK suggest David Moyes doesn't want to spend that amount on the player.
09:37 BST: Manchester United have left their business late and Belgian newspaper Sport Wereld says Marouane Fellaini will join the Red Devils on deadline day for €28 million.
09:28 BST: Arsenal are hoping to buy Juan Mata from Chelsea but only if the player himself demands a transfer. The Sunday Mirror say Mata's future at Chelsea is in doubt after he has been left on the bench for much of the start of this season and Arsenal are now hoping to take advantage of the situation.
09:16 BST: Man Utd starlet Nick Powell could be sent on a season-long loan to Wigan in order to aid his development and get his fitness levels up after missing pre-season. The Daily Mail say David Moyes sees Powell in his long-term plans but sees the short-term move to the Championship as key to his development.
09:07 BST: DONE DEAL Crystal Palace have followed up their first Premier League points of the season with the signing of Jimmy Kebe this morning. The deal had been in place for a few days now but the Mali international will join the Eagles for €2 million from Reading as announced on the Premier League website.
It wouldn't be a transfer blog without kicking things off with a bit about Gareth Bale's move to Real Madrid now would it?
Tottenham sources adamant Bale fee will be world record & £78m briefing from Real Madrid is to keep Ronaldo happy.Deal still not done anyway— Greg Stobart (@gstobart) September 1, 2013
08:13 BST: Western Sydney Wanderers striker Mark Bridge has signed a three-year contract extension, keeping him at the A-League club until 2013/13.
Reports in the British press suggest the Blues will be paid £1 million for the move, with Moses eager to move away from Stamford Bridge following the signing of Brazilian playmaker Willian. It is believed Moses would have been granted few playing opportunities under Jose Mourinho this summer, with Chelsea's midfield depth forcing the Nigerian to look elsewhere. West Brom, Southampton and Everton were also keen to recruit Moses but Liverpool's transfer fee gave them a significant advantage in the race and the 23-year-old is expected to move to Anfield on Monday.
Everton are proving tough negotiators as Manchester United look to sign Toffees forward Marouane Fellaini. According to the Mirror, Everton are hopeful of getting promising United youngster Jesse Lingard as part of a £36 million deal for Fellaini. United initially hoped to sign Fellaini and Baines for less than that, but Roberto Martinez's side will come out on top if the cash-plus-player move is successful. Lingard was one of the most impressive player's in United's pre-season tour of the Far East and Australia.
United defender Alex Buttner will join the exodus from Old Trafford, with the Dutchman in line for a move to Sunderland, the Daily Star reports. Paolo Di Canio is hopeful of adding Buttner to his ranks, but David Moyes may be reluctant to sign the 24-year-old if United are unsuccessful in their move for Everton's Baines. Although Buttner has been an understudy to Patrice Evra, United would rather have him as back-up, given the large number of games the Red Devils can expect to play this season.
Crystal Palace are prepared to leave their hatred behind, by making a move for Brighton striker Leonardo Ulloa, the Sun says. Palace and Brighton are fierce rivals, particularly after the former had excrement smeared on their dressing room walls during the Championship play-offs last season. Ian Holloway's side have bid £5 million for Ulloa, with the 27-year-old expected to leave Falmer Stadium.