The Portland Timbers have signed Liam Ridgewell to a multi-year contract as the club's third Designated Player.

“Liam is a proven defender at the highest level and brings strong leadership qualities along with a wealth of experience,” said Gavin Wilkinson, general manager of the Timbers. “After attending a recent match at Providence Park, Liam was incredibly taken by the fans and atmosphere generated here in Portland and, despite receiving several attractive offers to stay in the Premiership, chose the Timbers due to his belief in the vision and football philosophy of the organization. He is keenly committed to helping this club exceed its already lofty goals this season, and for seasons to come.”

Ridgewell has played in more than 250 matches over 11 English Premier League seasons spent with Aston Villa, Birmingham City and West Bromwich Albion.

Barcelona has reached agreement to sign Claudio Bravo to a four-year deal.

Bravo comes from Real Sociedad and is currently playing in the World Cup with Chile.

Bravo will become the club's second goalkeeping recruit of the summer after Marc-Andre ter Stegen's arrival from Borussia Monchengladbach.

Atlético Madrid has lost several key players from their La Liga champion side, but they have agreed to extensions with Koke and Juanfran.

The new deal for Koke extends until 2019, while Juanfran is now signed through 2018.

Koke is a homegrown midfielder from Atleti's academy, while Juanfran has become one of the world's best right-backs since coming from Osasuna.

Diego Costa's side will likely lose Diego Costa, Thibaut Courtois and Filipe Luis to Chelsea, while Miranda is expected to go to Manchester United.

Diego Godín is expected to be next up for an extension with Atleti.

Rio Ferdinand has agreed to sign with Queens Park Rangers one month after being let go by Manchester United.

Ferdinand joined United from Lees in July 2002.

Ferdinand is 35 and will give QPR a veteran presence on their backline after being newly promoted to the Premier League.

The Portland Timbers have signed Fanendo Adi to a multi-year, designated player contract.

Originally acquired on a three-month loan May 13 from FC Copenhagen, Adi has wowed the team by scoring four goals — with two two-goal games — and adding two assists in six games.

At 6'4, Adi brings a physical presence to the Timbers' attack up front.

"Adi has made an immediate impact with our club," Portland coach Caleb Porter said in a written statement. "He has proven to be an ideal fit in our system and possesses qualities that will make him a very effective striker in this league."

Adi joins Diego Valeri as the Timbers' designated players.

Antonio Valencia has signed an extension with Manchester United through the 17-18 season.

The Ecuadorian winger made his debut for the club in August 2009. Since then he has made 191 appearances, scoring 21 goals. He has won two Premier League titles and a League Cup winner's medal.

Assistant manager Ryan Giggs said: "I'm really pleased Antonio has signed a new contract. His contribution to the team since he joined the club in 2009 has been fantastic.

"Antonio is a very powerful player with great speed and versatility. He is very professional in his approach to training and I am delighted he has committed his future to the club."

Valencia said: "My time at Manchester United has been like a dream come true. To be the first Ecuadorian player to win the English Premier League was a very proud moment for me and for my country.

"I am so happy to have signed a new deal and am looking forward to working with Louis van Gaal. There is great team spirit within the club and we are all determined to get back to winning ways."

Kaka has signed with Orlando City of the MLS.

The club won't begin play until the 15-16 season, which will allow Kaka to go on loan to his boyhood club of São Paulo.

Kaka was most recently with AC Milan.

Lazio has ended a co-ownership with Udinese of Antonio Candreva in order to secure his future with the club.

The 27-year-old is under contract until 2018, but had attracted interest from Liverpool, Paris St-Germain and Juventus.

Candreva was initially on loan at Lazio from Udinese but played his second year with them under a co-ownership deal.

Reports in Italy suggest Lazio value the player at £27 million, but reacting to suggestions that he could be sold, club president Claudio Lotito told Italian radio station Radio Due: "Candreva is not for sale.

"We have not spoken to anyone from PSG and we have not received any offers."

Candreva was RealGM's Man of the Match for Italy's win on Saturday over England.

Manchester City have completed the long anticipated signing of Bacary Sagna to a three-year contract.

Sagna arrives on a free transfer from Arsenal.

City fought off competition from Inter Milan and Napoli to secure the signature of the 31-year-old right-back.

Sagna becomes the fifth player to move directly from the Emirates to the Etihad Stadium in recent seasons, following Emmanuel Adebayor, Kolo Toure, Gael Clichy and Samir Nasri.

Chelsea has acquired Cesc Fàbregas on a $44.8 million transfer from Barcelona.

Fàbregas will be on a five-year contract with Chelsea and wear No. 4.

Fàbregas struggled to make a full impact during his time with Barcelona after returning to his boyhood club in 2011 from Arsenal.

"Firstly I would like to thank everyone at FC Barcelona where I enjoyed three wonderful years," said Fàbregas. "It was my childhood club and I will always be proud and honoured that I had a chance to play for such a great team.

"I do feel that I have unfinished business in the Premier League and now is the right time to return.

'I considered all the other offers very carefully and I firmly believe that Chelsea is the best choice. They match my footballing ambitions with their hunger and desire to win trophies. They have an amazing squad of players and an incredible manager. I am fully committed to this team and I can't wait to start playing."