Chelsea have signed Enzo Fernandez from Benfica after meeting his £106.8 million release clause. 

The deal breaks the previous Premier League record fee of £100m that Manchester City paid for Jack Grealish when he joined from Aston Villa in 2021.

The 22-year-old impressed for Argentina as they won the 2022 World Cup and was named the Young Player of the Tournament.

Benfica boss Roger Schmidt was not keen on seeing Fernandez leave, but had previously said their hands would be tied if a club paid the player's release clause.

Manchester United have signed Marcel Sabitzer on loan from Bayern Munich.

United moved for Sabitzer after Christian Eriksen was ruled out for at least three months with an ankle injury. 

"Marcel is a player that we have watched for a long time," Man United football director John Murtough said.

"The opportunity arose quickly, and we knew that he was someone with the ability and character to make an impact. He adds further quality to our squad and experience to the dressing room, and all of us are pleased to be welcoming him to Manchester United."

Arsenal have signed Jorginho from Chelsea for £12 million after they were unsuccessful in convincing Brighton to sell Moises Caicedo.

Arsenal had been looking to add depth in the midfield. 

“I was a bit surprised, but I took the opportunity of this amazing challenge,” Jorginho said. “It’s an important shirt. It’s an amazing club.”

Jorginho would have left for free in the summer. 

Bayern Munich is closing in on a loan move for Joao Cancelo of Manchester City.

Bayern wants the deal to include a buy option in the summer for €70 million. 

Cancelo's relationship with Pep Guardiola has broken down and he's keen to leave. Guardiola is open to letting Cancelo leave after being impressed with Rico Lewis' emergence and with Nathan Ake's performance at left-back.

Arsenal has submitted a £60 million ($74 million) bid to sign Moises Caicedo from Brighton.

Chelsea had a £55 million bid for Caicedo rejected. 

Mikel Arteta said this week he wanted a midfielder because of a knee injury to Mohamed Elneny. 

Newcastle has agreed to buy Anthony Gordon from Everton in a deal worth up to £40 million.

Gordon missed three days of training as negotiations continued and had wanted the move.

Chelsea was previously interested in Gordon as well, who has struggled this season.

Everton has hired Sean Dyche as manager after Marcelo Bielsa passed on the job.

Bielsa was first choice, but he didn't want to take over until the summer as he didn't want to take on a relegation battle.

Dyche has been out of work since being sacked by Burnley in April.

U.S. Soccer Federation sporting director Earnie Stewart is leaving his post to join PSV Eindhoven after the departure of men's national team general manager Brian McBride, a management shakeup that leaves the position of men's coach Gregg Berhalter in uncertainty.

Berhalter and McBride were hired by Stewart.

"While we are sad to see Earnie go, he has helped lay a strong foundation and build a strong sporting staff to ensure that the future of U.S. Soccer is bright," U.S. Soccer president Cindy Parlow Cone said in a statement.

"Today, we have a unique opportunity to bring in a new Sporting Director to build on this momentum. We are eager to engage new leaders who will match our ambitions and realize our vision for the future, taking our National Teams to the next level, including competing for a FIFA World Cup on home soil in 2026."

Anthony Gordon failed to report for training with Everton as he attempts to expedite a transfer to Newcastle.

Newcastle have made an initial enquiry about signing the player this month, but sources have said the club will not meet Everton's £60 million asking fee for the transfer of the highly-rated forward.

Everton rejected two offers of £40 million and £45 million from Chelsea for Gordon last August.

Gordon has had a difficult season with Everton, scoring just three goals in 18 appearances. 

Tottenham Hotspur has agreed to a loan move with Villarreal for Arnaut Danjuma.

Bournemouth initially expressed interest in Danjuma before a deal with Everton looked close.

Danjuma has scored 22 goals in 51 appearances for Villarreal since his move from Bournemouth in 2021.