Summary
June 30 described as 'unofficial transfer deadline day' because of PSR accounting rules
Several Premier League clubs expected to do business before end of day
Juventus sign Aston Villa midfielder Douglas Luiz in £42.3m deal
Leeds reject £40m offer for Archie Gray from Brentford
Liverpool turn down chance to sign Newcastle's Anthony Gordon
Brighton agree a £30m fee with Newcastle for forward Yankuba Minteh
More money spent in last week than all of January 2024 transfer window
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Live Reporting
Craig Nelson
Get Involvedpublished at 13:44 30 June
13:44 30 June
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Aston Villa fans, we want to hear from you!
Are you sad one of your star midfielders departs, or happy with the £42.3m fee?
Or maybe a bit of both?
Juventus pay Villa £42.3mpublished at 13:41 30 June
13:41 30 June
Juventus say they and Aston Villa have a greed to a £42.3m deal (€50m), payable in four financial years - with "additional charges of €1.5m (£1.27m)."
Douglas Luiz joins on a five-year contract.
More on Luizpublished at 13:37 30 June
13:37 30 June
Douglas Luiz leaves Aston Villa after making over 150 appearances for the West Midlands club.
He joined from Manchester City in 2019 and was a key part of this season's side who qualified for the Champions League.
Luiz joins Juventus confirm Villapublished at 13:34 30 June
13:34 30 JuneBreaking
You wait for one transfer and then two come at once!
Aston Villa have confirmed Douglas Luiz has joined Juventus.
Lyon make Benrahma loan stay permanent - West Hampublished at 13:33 30 June
13:33 30 JuneBreaking
West Ham United have posted on X, external to confirm that Algeria winger Said Benrahma has completed a permanent move to French side Lyon for an undisclosed fee.
Benrahma, 28, joined the Hammers from Brentford initially on loan in October 2020 before making the move permanent three months later, and his current contract was due to run until 2026.
He joined Lyon on loan at the end of the winter transfer window in a deal that included an option to make the move permanent in the summer.
Image source, Getty Images
Get Involvedpublished at 13:22 30 June
13:22 30 June
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It’s criminal that clubs wanting to push for Europe or looking to survive at the other end are being forced into selling academy graduates to comply with PSR. If the £105m limit set in 2012 had kept pace with inflation then it would be £146m today. Yet costs, including players wages, have all escalated in the same period.
DH, Berkshire.
Newcastle in bid to sign Forest goalkeeper?published at 13:12 30 June
13:12 30 June
Talking about clubs that have been active, Newcastle certainly fall into that bracket today.
As well as working on reported deals to sell 19-year-old Gambia forward Yankuba Minteh to Brighton and Scottish midfielder Elliot Anderson, 21, to Nottingham Forest, the Mail's Sami Mokbel reports, external that the Magpies are also trying to negotiate a deal to sign Forest's Greek international goalkeeper Odysseas Vlachodimos, 30.
Image source, Getty Images
Spurs working on deal to sign Gray from Leedspublished at 13:00 30 June
13:00 30 June
An update on Leeds midfielder Archie Gray - the Athletic's David Ornstein is reporting that Tottenham are now working on a deal to sign the 18-year-old after Brentford had a £40m offer turned down by the Elland Road outfit.
"Talks ongoing with expectation on all sides agreement can be reached but nothing finalised yet," posted Ornstein on X, external.
Image source, Getty Images
Which clubs have been active?published at 12:53 30 June
12:53 30 June
Aston Villa, Everton and Chelsea have been busy since the window opened on 14 June.
Villa recorded a loss of £119m in their last accounts, dating 31 May, 2023, so needed to move quickly to avoid any breach.
Everton were docked six points last season for two separate breaches while Chelsea have spent around £1bn since the Todd Boehly-led consortium's takeover in 2023.
The majority of those Chelsea signings were signed to at least six-year deals to spread payments across a long period, limiting the losses per year to help meet PSR requirements.
Why are some deals under the spotlight?published at 12:41 30 June
12:41 30 June
The Premier League has written to every club after “a significant number requested clarification” following a spree of recent swap deals.
Some clubs are concerned that rivals could be looking to sell each other players in order to exploit any loopholes in PSR and therefore limit their losses.
There is no suggestion clubs have broken the rules but they have been told by the league’s director of governance that part of a transfer fee would have to be returned by the selling club if it decides a fee had been “inflated”.
What deals have already been done?published at 12:30 30 June
12:30 30 June
Aston Villa and Everton have done business with each other, Lewis Dobbin moving to Villa Park and Tim Iroegbunam joining the Toffees, each for reported fees of about £9m.
Villa have also sold Omari Kellyman to Chelsea for £19m two years after signing him from Derby for £600,000. The midfielder made six appearances for Villa.
Ian Maatsen, meanwhile, Chelsea’s defender who spent the second half of last season on loan at Borussia Dortmund, has moved to Villa for £35m.
Get Involvedpublished at 12:23 30 June
12:23 30 June
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Lots of discussion on how unfair it is for Newcastle to be selling Elliot Anderson. Rewind the clock 12 months and Forest had to do the same with Brenan Johnson to comply with rules. Forest chose not to sell cheap and have had the fall-back of that decision this season. Newcastle could chose not to sell. as well.
Anon
Chelsea sign Aston Villa's Kellyman in £19m dealpublished at 12:11 30 June
12:11 30 June
Image source, Getty Images
Chelsea completed the signing of Aston Villa midfielder Omari Kellyman on Saturday in a deal that could rise up to £19m with add-ons.
The 18-year-old, who made just six appearances for Villa's first team, has signed a six-year deal at Stamford Bridge that includes the option of a further 12 months.
Kellyman, capped twice for England Under-20s, joined Villa's academy in 2022 after 10 years with Derby County.
The teenager's move to London is the second deal between the two clubs in 24 hours after left-back Ian Maatsen completed a £35m move to Villa Park on Friday.
Morocco winger Hakim Ziyech joined Galatasaray from Chelsea on a permanent basis earlier this week after spending last season on loan at the Turkish club.
Click here for the full story.
Get Involvedpublished at 12:01 30 June
12:01 30 June
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To sell Yankuba Minteh for £33m after scoring a few goals in a very poor Dutch league is a fantastic piece of business for Newcastle.
Hywel, Newcastle
ICYMI: Leeds reject £40m Brentford offer for Graypublished at 11:47 30 June
11:47 30 June
Nizaar Kinsella
BBC Sport football news reporterImage source, Getty Images
Leeds have rejected a £40m offer from Brentford for teenage midfielder Archie Gray.
The 18-year-old travelled to the Premier League side for a medical on Saturday, but the two clubs have failed to come to an agreement over how the deal would be structured.
Gray was a near ever-present for Leeds last season, playing 52 matches in all competitions - primarily in midfield but occasionally at right-back - and he signed a new long-term deal in January.
The Brentford transfer would have made Gray, an England Under-21 international who also qualifies for Scotland, a record signing for the west Londoners.
Liverpool, Chelsea and Tottenham are also believed to be interested in the West Yorkshire club's academy graduate.
Leeds will need to sell players in the close season after narrowly missing out on promotion to the Premier League, losing to Southampton in the Championship play-off final.
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11:39 30 June
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Get Involvedpublished at 11:29 30 June
11:29 30 June
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Tom: No-one is missing the point of PSR, what people are wondering is how it’s a good business model that if anyone spends to try and break the status quo they are then punished and the best way to solve that is to sell academy products. It is competitive ring-fencing at its best to stop any change for the big clubs.
Andrew: How are clubs supposed to match the squad City have assembled...? Obviously Newcastle aren’t going to go bust, they’re the richest club in the league. The double standards are what is winding up fans.
David, Birmingham: Sustainability is about looking to the future. Rules forcing kneejerk sales of assets under value are not promoting sustainable practice and aren't working. It would be far better to adopt the La Liga approach of restrictions on player registrations to force teams back into sustainable practice.
Anderson move to Forest 'a straight sale' - reportspublished at 11:18 30 June
11:18 30 June
Newcastle United
Image source, Getty Images
As you can probably gather, today's transfer activity could be described as a "fluid" situation.
The proposed move for Newcastle's academy graduate Elliot Anderson to Nottingham Forest is a case in point.
Some outlets have reported that the 21-year-old Scottish midfielder's move will see Forest's Swedish winger Anthony Elanga heading in the opposite direction, but Sky Sports News reporter Keith Downie reports that Elanga is not part of the deal.
Downie, in a post on X, external, says that Newcastle will receive "in the region of £35m from Forest for Anderson" and that it is a "straight sale".
Get Involvedpublished at 11:00 30 June
11:00 30 June
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Many here are missing the point regarding PSR. If the clubs didn't overspend in the first place, they wouldn't have to sell their academy players.
Josh
Newcastle are having to sell now, not because they’re a plucky upstart but because they spent a fortune to both stay up and then to get Champions League football within a year. It’s the proverbial pigeon coming home to roost.
Anon
So what are the PSR rules?published at 10:50 30 June
10:50 30 June
This seems like the right time to try to explain the Premier League's profit and sustainability rules in more detail.
Simply put, the rules dictate that clubs cannot lose more than £105m over a three-year period – and even less if they have spent some of that period in the Championship.
Several clubs are believed to need to sell and last weekend about £75m in deals were agreed, more than the £30m spent on transfer deadline day in January - and close to the £100m outlay across the Premier League in the whole of January 2024.
Selling academy players generates 100% profit for clubs to put into their accounts, while the amount paid by the buying club is spread out - using an accounting practice called amortisation - over the length of the contract.
So if two clubs agree to sell players to each other, especially academy players, it provides a significant financial boost.
Click here to read BBC Sport's article, first published on 28 June, explaining the profit and sustainability rules in more detail.