Transfer news LIVE: Man Utd deal approved, Man City told fee, Chelsea agreement

Birmingham City have confirmed that Tony Mowbray will not return to manage them in League One next season as he continues to battle illness. Mowbray was appointed by the Blues in January, shortly after he was sacked by Sunderland, but was forced to step back from the role after less than a month in charge.

The club confirmed on Tuesday that Mowbray will not be returning to the dugout next season, saying in a statement: “Birmingham City can confirm that Tony Mowbray has informed the club of his decision to stand down as men’s first team manager with immediate effect.

“Mowbray, who temporarily stepped away from his on-site management duties in February before taking a formal medical leave of absence in March, has decided to focus on making a full recovery from his surgery and spending time with his family.”

Burnley manager Vincent Kompany has been savaged by Bayern Munich board member Uli Hoeness after reportedly being contacted about the prospect of replacing Thomas Tuchel at the Allianz Arena.

When quizzed about Kompany on Monday, Bayern’s former president and vice-chairman Hoeness appeared to be under the impression the 38-year-old was being linked to the club as a player rather than as their manager.

“Vincent Kompany? You journalists pull a new name out of your nose every other day. No thank you, we are very happy with [Matthijs] De Ligt and [Eric] Dier,” he exclaimed.

The likes of Manchester United and Arsenal will be able to prise Stuttgart striker Serhou Guirassy away from the Bundesliga for just £15million this summer due to a release clause in his contract, according to transfer guru Fabrizio Romano.

The 28-year-old bagged 14 goals in the first eight Bundesliga matches of the campaign before ending the season with 28 league goals. But his Premier League suitors will face competition from Borussia Dortmund, who have made the player their priority signing, according to Sky Germany.

Chelsea have a verbal agreement in place with Romelu Lukaku after telling the striker he will be sold this summer, according to transfer expert Ben Jacobs. The 31-year-old spent the 2023/24 campaign on loan at Roma, where he bagged 21 goals in all competitions.

There is no release clause in Lukaku’s contract, but the Blues will demand £38million for the Belgium international. There is interest from Saudi Arabia, while Napoli have also been linked with the ace.

Manchester City will need to pay £60million in exchange for Wolves winger Pedro Neto, according to TEAMtalk. The Citizens are prepared to take a chance on the 24-year-old, despite the fact he endured an injury-hit campaign during the 2023/24 season.

Neto, who contributed two goals and nine assists in 20 Premier League appearances, will be a man in demand this summer, with Newcastle also said to be in the mix for his signature.

Manchester United chiefs and scouts have 100 per cent approved a deal for Crystal Palace winger Michael Olise, according to transfer guru Fabrizio Romano. But the Red Devils will face competition for the 22-year-okd’s signature as a whole host of clubs are interesting in prising him away from Selhurst Park.

Olise was a shining light for Palace during the 2023/24 campaign and bagged 10 goals and six assists in 19 Premier League appearances as his side finished 10th in the table.

Good morning and welcome to our live transfer blog. Manchester City have won the Premier League title again, which means their rivals will be more desperate than ever to bring in fresh talent this summer. So stick around to follow all the latest transfer news throughout the day.