The Montreal Impact have completed their signing of Didier Drogba.

Because of MLS rules, Drogba initially signed with the Chicago Fire, who then traded him to Montreal for allocation money.

Drogba is believed to have signed a contract worth more than $3 million per season.

"It's an honor to welcome Didier Drogba to the Impact," said Impact president Joey Saputo in a club statement. "From the first conversation I had with him, I felt that he really wanted to play in Montreal. This is one of the biggest days in club history and his arrival to the club will be beneficial in every aspect."

The New York Red Bulls have signed Shaun Wright-Phillips.

Wright-Phillips, 33, was a free agent after his release by Queens Park Rangers at the end of the season.

Wright-Phillips will join his brother Bradley with the Red Bulls.

Wright-Phillips played at Manchester City and Chelsea earlier in his career.

Red Bulls sporting director Ali Curtis told the club's official website: "Shaun is a proven player who has played on soccer's largest stage.

"He can play a number of positions for us and is an excellent fit in our locker room. When we evaluated the unique set of circumstances along with the quality that Shaun has, it became apparent that we needed to be aggressive about adding Shaun to our club.

"We are pleased that he will be wearing a Red Bull jersey and we can't wait for him to take the field."

Raheem Sterling has signed a five-year contract with Manchester City earning £200,000 per week.

Sterling will wear the No. 7 shirt for City.

Pellegrini said: “Raheem Sterling is one of the best attacking players in world football, and I am very much looking forward to him joining our squad out in Australia later this week.

“He is a young player with outstanding ability, and I am sure the Manchester City fans will be very excited about seeing him in action for the team.”

Brendan Rodgers addressed the media about the move on Monday in Thailand.

“I spoke to Raheem at length yesterday, there is no issue. Two clubs have agreed a deal and subject to a medical he will move on,” Rodgers said. “It’s important for us to improve and build the squad for this season coming. We are pleased with the players we have brought in. It’s the overall team that is important. We aim to be stronger than last season that will be reliant on everyone.”

Lyon has extended the deals of Nabil Fekir, Anthony Lopez and Corentin Tolisso until 2020.

The trio all came through the club's youth system and played key roles as Lyon finished second in Ligue 1 last term. 

Fekir has been linked with Arsenal and Paris Saint-Germain.

Mikel Arteta has signed a one-year deal with Arsenal.

Arteta and Arsenal had agreed upon the deal months ago, but there was no official contract signed.

Arteta, who had received lucrative offers from Spain, has committed himself and will be on the club's pre-season trip to Singapore after returning to training.