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Richard Arnold will leave his role as Manchester United CEO ahead of Sir Jim Ratcliffe’s imminent arrival as a minority shareholder.

United released a statement confirming the news on Wednesday afternoon.

“It has been an incredible privilege to serve this great football club for the past 16 years,” Arnold said.

“Through highs and lows, the constant has been the dedication of our employees and fans. I would like to thank all of them for their loyalty and commitment, and wish everyone associated with the club the very best for the future.”

Current chief legal counsel Patrick Stewart will replace Arnold as interim CEO.

“Together with my leadership team colleagues, my job will be to ensure that the club’s foundations remain stable while we embrace changes that can make us stronger over the long term, on and off the pitch, and to support the search for a new permanent CEO,” Stewart said.

Ratcliffe’s £1.3 billion investment for a 25% stake in the club is close to being finalised.

Sources have told ESPN that football director John Murtough’s position is also under threat with Ratcliffe keen to bring in INEOS director of sport Sir Dave Brailsford.

Murtough was appointed in March 2021 and was heavily involved in the decision to bring in Erik ten Hag as manager in 2022. Paul Mitchell is one of the names in the frame to replace him.

Arnold took over the role of United’s most senior executive from Ed Woodward in February 2022.

His departure from the club will have to be announced to the New York Stock Exchange.

Ratcliffe is set to become a minority shareholder nearly a year after owners the Glazer family announced they would consider “strategic alternatives” including a full sale of accepting minority investment.

Ratcliffe is set to have influence over the football side of the business once his investment is confirmed.

Alejandro Garnacho has avoided a disciplinary sanction by the English Football Association (FA) for an Instagram post directed at Manchester United teammate André Onana, but the player has been warned about his use of social media.

Argentina winger Garnacho posted a picture of Onana accompanied by two gorilla emojis after the goalkeeper saved a stoppage-time penalty against FC Copenhagen which sealed a 3-2 Champions League Group A win last month.

Garnacho’s post prompted widespread criticism on social media and led to calls for the player to be charged by the FA for using a racial stereotype in his post about Cameroon international Onana, who quickly defended his teammate by saying he had not been offended by the message.

The FA has in the past issued suspensions and fines to former United forward Edinson Cavani and Manchester City midfielder Bernardo Silva for their use of what was judged to be racially-loaded language on social media.

But after studying the post and communicating with Garnacho, the FA has now confirmed that no action will be taken against the player.

“We have concluded an investigation in relation to a recent post on Alejandro Garnacho’s social media. We sought the player’s observations as part of our investigation, and he explained that the use of two gorilla emojis was intended to highlight the strength and power of his teammates — specifically André Onana and Harry Maguire — following the pivotal roles that they played in Manchester United’s win over FC Copenhagen,” an FA spokesperson said.

“We are satisfied with Alejandro Garnacho’s explanation and the context that it provides, so we will not be issuing disciplinary proceedings on this occasion.

“However, we have reminded the player of his responsibilities around social media posts and the use of emojis in particular which can be interpreted in different ways.

“We also intend to liaise with Kick It Out and the PFA to discuss other potential issues around the use of emojis and similar forms of messaging, and education that can be provided about them.”

There’s something melancholic about an English seaside town in winter. Whether it’s the shuttered shop fronts rusted by the salty air, the sickly green waves crashing against the vacant shoreline, or the wind buffeting rows of empty beach huts, there’s often a sense of stoicism, a need for hibernation and a yearning for better times.

However, for the residents of Brighton and Hove on England’s south coast, this year will be different. Those familiar doldrums will be shaken off as the city and its football club prepare for the team’s first European campaign in its 122-year history — a result of an incredible sixth-placed finish in the Premier League last season that handed them a spot in the UEFA Europa League.

– Stream on ESPN+: LaLiga, Bundesliga, more (U.S.)

It has been a long time coming, as Brighton fans have had to endure heartache over the years: From relegation from the top flight in 1983, the same year they lost an FA Cup final to Manchester United, to almost being relegated to the Football Conference and liquidated in 1997, to repeated failure in the Championship playoffs — they lost three times between 2012-2016, before finally achieving promotion to the Premier League in 2016-17.

Now things are different. Amid worldwide acclaim for their transfer business and tactical style under exciting head coach Roberto De Zerbi, Brighton’s rise to playing in Europe is quite a story.

The city relies on the summer “holiday season,” when its population swells as thousands of Londoners — or DFLs (“Down From London”) as the locals call them — take the roughly 50-mile trip to the seaside. On Thursday, it will welcome fans of Greece’s AEK Athens for the first group-stage game, before supporters from the Netherlands’ Ajax Amsterdam and France’s Marseille make the journey in October and December.

Brighton have always maintained a strong community ethos — CEO Paul Barber personally sent a letter of thanks to the 41 devotees who travelled to every home and away fixture in their first season in the Premier League — so as soon as the Europa League draw was made in Monaco earlier this month, supporters began organising flights and hotel rooms, determined to make the most of the opportunity to attend matches in Europe for the first time.

“It’s a tough group but I’m really happy with it,” Brighton local Kim Strudwick tells ESPN. “You want to play teams that you know and it’s going to be amazing to watch Athens and Marseille. We’ve booked flights for Amsterdam as well. It’s going to be a great experience. I want to make sure I live it and say I’ve been.”

Brighton’s existence threatened

Seeing De Zerbi and his team take on European heavyweights is a fitting reward for the fans who have stuck by the club through thick and thin — most notably when it came within 28 minutes of relegation from the Football League in 1997.

Financially crippled from years of mismanagement, the club was left homeless and even came close to liquidation, with the board selling the Goldstone Ground to pay off debts. Seemingly doomed to the drop — it was 13 points adrift at the bottom of Division Three at one stage — the club rallied and faced what was effectively a one-match playoff against Hereford United in the final game of the season to determine who would be relegated to the Conference. In the end, a 62nd-minute equaliser from forward Robbie Reinelt secured the point Brighton needed to survive and keep the debt collectors at arm’s length.

“It was just one knockback after another at that time,” Kim’s father, and fellow Brighton fan, Steve Strudwick remembers. “You thought that Brighton could go out of existence. It would have been that way. Especially if we got relegated from the Football League. We were that close to being a semi-professional club.”

Knight in shining armour; Brighton Bloom

Four months later, on Sept. 2, 1997, local businessperson and dedicated supporter, Dick Knight — the man behind the infamous “Wonderbra” advertisement — led a consortium that took full control of Brighton from previous owner Greg Stanley and chairman Bill Archer for just £100.

The club, though, was still without a permanent home and, after two years sharing a ground at Gillingham’s Priestfield Stadium, relocated to the Withdean — an athletics stadium that had once been the site of the local zoo. It was there that the supporters, who watched on from rickety temporary stands, saw the first signs of the team’s growth as the Seagulls won back-to-back promotions after the turn of the Millenium.

“Seeing us play at Gillingham for a couple of years when we were towards the bottom of the old Tier Four … We were awful then,” Steve says. “We had to go 70-odd miles or so to get there every other Saturday. It was miserable and more often than not we’d lose anyway! I remember getting soaked at the Withdean on many occasions. The stand we sat in was in the open so there was no protection. You were also a long way from the pitch because of the running track.”

Brighton’s nomadism was brought to an end in 2009 with the takeover by local entrepreneur and sports betting magnate, Tony Bloom. Fresh investment was badly needed to push through plans for a new stadium in Falmer, on the edge of the South Downs National Park, and he has put in over £400 million of his own money. Those “Bloom or bust” years even spawned the charity single ‘We Want Falmer’ that raised awareness of the fans’ wish for a new home — it reached No. 17 in the UK singles charts. But with his takeover completed in 2009 and £93m finally secured for their first permanent home in 14 years — the American Express Community Stadium — Brighton’s new owner and chairman set about creating the modern-day incarnation of the football club.

“He [Bloom] is just a hero, he’s the man,” season-ticket holder Steven Meachin says. “I would say behind Dick Knight he’s the most important person in Brighton’s history, or at least the last 50 years or so. If we didn’t have Tony Bloom then we wouldn’t be going to Marseille next month, that’s for sure.”

Rise to the Premier League

In many ways, Bloom is the embodiment of the city of his birth, continually finding appeal in the niche and the under-appreciated. It’s an ethos he has ingrained into the club.

Brighton found success under Uruguay legend Gus Poyet to gain promotion to the Championship in 2010-11 and, after a few years of playoff heartache, eventually sealed their place back in the top flight for the first time in 34 years under Chris Hughton in 2016-17. Since then, the club’s player recruitment department, and their ability to see potential in traditionally overlooked and undervalued regions of the world, has set them apart from their competitors.

“They seem to be spotting gems in random leagues all over the place,” Brighton fan Ryan Newington says. “The way I sort of imagine it to be is like Football Manager [the video game], with some very intelligent data scientists going through various South American second divisions and seeing what they look like.”

It’s a process that has produced Premier League stars such as Mali’s Yves Bissouma [£30m, to Tottenham], Argentina’s Alexis Mac Allister [£35m, to Liverpool], Ecuador’s Moisés Caicedo [£100m, to Chelsea] and, most recently, the Republic of Ireland’s 18-year-old striker Evan Ferguson. But the accepted hierarchy of modern football means that for clubs like Brighton, it’s not just finding the right players; it’s about replacing them when the richer teams inevitably take them away. It’s something they seem to do better than any other club, but do the fans still get nervous whenever one of their heroes is moved on for a huge profit?

“I trust the board and I think lots of other Brighton fans feel that way,” Newington continues. “Yes, we’ll recruit players and yes, we’ll move them on for a profit and that is part of the system, but I feel like the money is reinvested well. Over the past two or three seasons it feels like the recruitment has got even better. You can’t be anything but happy with it.

“I have immense trust in the club’s leaders, Tony Bloom and Paul Barber. I suppose it’s because they’ve just made right decision after right decision after right decision for 10 years. Tony Bloom is a lifelong Brighton fan, he’s invested a lot of his own money. It’s all purely out of love.”

As a former professional gambler, Brighton’s owner is understandably secretive about how he consistency beats the odds, and the inner workings of his sports betting and analytics company, Starlizard, are shrouded in mystery.

Bloom’s secrecy extends to his football team. If you drive down the busy Old Shoreham Road into Worthing you’d be forgiven for overlooking the fact that Brighton’s training ground is nestled just out of view, hidden in the residential area to your left. There are remarkably few signs that mark its presence.

The results, however, are clear to see – the club have scored more goals than anyone else in the Premier League so far this season (15) after registering a £74m net profit from the summer transfer window and have even signed Lionel Messi’s one-time heir at Barcelona, Ansu Fati, on a season-long loan.

“When you compare where we are now to those days [at Gillingham and the Withdean] I do think it gives you genuine pride,” Newington adds. “With where we are now and the success of qualifying for the Europa League you’re like: ‘oh my God, we’re actually good!'”

De Zerbi leads European charge

Supporters, though, are keen to stress that they’re not getting too ahead of themselves as the club makes its first foray into Europe this week.

“I think from the fans’ point of view there’ll be no pressure at all,” Meachin says. “I think everyone expects us to get through the group, but worst-case scenario, finish third, and get in the [Europa] Conference League. Brighton fans don’t expect a lot. Most fans are kind of just kind of happy with going on the ride at the moment.”

The lack of ruthlessness that saw Brighton suffer so badly when faced with the intensity of Championship playoff games was a feature that De Zerbi quickly rectified after taking over from Graham Potter [who joined Chelsea] in September last year.

Potter was derided for the way in which his team consistently underperformed against their Expected Goals (xG) — in three games towards the end of February 2021, the team had a total xG of 7.79 but scored only once. Under De Zerbi this season, Brighton have scored 15 goals from an xG of 12.16. But the Italian hasn’t just improved his team in front of goal, many Brighton fans feel as though his influence on the club has been underappreciated from the outside.

“De Zerbi has changed more than what people give him credit for,” Meachin claims. “He is a different level but I can’t see him staying around for more than another year or two [because a bigger team will hire him]. I mean Potter did well, but I think De Zerbi is just a clear step up.”

“A lot of people don’t realise what it was like up until the March of the season before he [Potter] went. There were still a lot of question marks with the fanbase. We lost at home to Wolves in December of 2021 and a lot of people were saying ‘he’s got to go, we’re not progressing.’ It wasn’t until that March when we won at Tottenham that it started to properly come together.”

Even Bloom has admitted to being surprised by De Zerbi’s influence.

“I didn’t quite realise the impact he would have when he came in,” Bloom told BBC Radio Sussex Sport. “He has been hugely influential for so many players. He is so good at improving them. The quality of the play and the risk taking at the right times to create opportunities for the players to create chances and his tactical abilities are superb.”

Brighton have come such a long way in a short space of time. When they kick off against AEK Athens on Thursday night, you can guarantee that everyone associated with the club will take a moment to contemplate just how much they’ve achieved. Twenty-six years after Reinelt’s goal kept Brighton alive, they’re heading off to Europe in search of the good life.

The summer transfer window in Europe enters its final week, but there’s plenty of gossip still swirling around. Transfer Talk brings you all the latest buzz on rumours, comings, goings and, of course, done deals!

TOP STORY: Chelsea, Roma on verge of Lukaku deal

Chelsea and AS Roma have reached an agreement over a deal involving striker Romelu Lukaku, according to Calciomercato.

The clubs are said to have agreed on a straight loan until the end of the season for a fee of €5 million, with no clauses included that would enable the Serie A side to make the move become permanent.

The 30-year-old is reported to have accepted a salary worth €7.5m-per-season to make the switch to the Stadio Olimpico, where he will return to Italy’s top flight after last season’s loan stint at Internazionale.

Inter were keen to bring Lukaku back but withdrew their interest after he was linked with a move to rivals Juventus. That proposal fell through following sources told ESPN last week that Lukaku became frustrated at the amount of time it took Juventus to negotiate with Chelsea.

Speaking to Belgian newspaper HLN on Saturday while at his son’s first youth game for Anderlecht, Lukaku said: “Tomorrow, I will fly to Rome to sign.”

It is believed that the Belgium international is set to arrive on Monday to undertake his medical before the move can be announced by manager Jose Mourinho’s side.

Lukaku’s impressive record in the Serie A has seen him contribute to 76 goals in 97 appearances for Inter, where he played in three seasons across two loan spells.

– Stream on ESPN+: LaLiga, Bundesliga, more (U.S.)

PAPER GOSSIP

– Manchester City have proposed a new deal for Wolverhampton Wanderers midfielder Matheus Nunes, according to Fabrizio Romano. City’s second approach for the 25-year-old’s signature is believed to be worth a total of €60 million, with growing optimism from the club hierarchy that they can get a deal over the line. It is said that personal terms have already been agreed with him.

– Bayern Munich are interested in a loan move for Manchester United midfielder Scott McTominay, reports Bild. Bayern manager Thomas Tuchel is believed to be keen on the 26-year-old, and amid ongoing talks, it is reported that the Bundesliga champions could also be open to a player exchange deal that involves midfielder Ryan Gravenberch. The 21-year-old Netherlands international has also been linked with Liverpool as uncertainty over his future at the Allianz Arena continues to grow.

– West Ham United technical director Tim Steidten has traveled to Brazil to undergo talks with Corinthians over a move for Yuri Alberto, reveals Sky Sports. The 22-year-old winger, who has been linked with a number of Premier League clubs this summer, is reported to be keen on the switch to the Hammers, and it looks as though they have stepped up their approach to sign him before the transfer window closes. He has contributed to six goals in 19 Brazilian league games this season.

– Nottingham Forest are set to propose an offer for Leicester City midfielder Wilfred Ndidi, according to Fabrizio Romano. Personal terms are reported to have already been agreed with the 26-year-old, leaving just an agreement over a fee required before he can undertake his medical. Ndidi, a Nigeria international, is said to be the Premier League side’s priority option as they look to acquire a defensive midfielder.

– Manchester United have made an enquiry to Barcelona over wing-back Marcos Alonso, writes Bild’s Christian Falk. The 32-year-old, who arrived at the La Liga side from Chelsea, has one year remaining on his contract at the club, but talks are now said to be ongoing over a potential return to the Premier League.

Once again, in spite of a global financial crisis, the men’s soccer clubs around Europe spent an incredible amount of money to sign players in January, and this summer might not be any different.

Indeed, clubs spent a record $1.57 billion (£1.27bn) on transfers in the January transfer window, according to FIFA, with the Premier League doing most of the heavy lifting at 57.3% of the total. But with two giants of the game in Cristiano Ronaldo (Al Nassr) and Lionel Messi (Inter Miami) now taking their careers outside of Europe, who will step up?

Here are grades for all the major summer transfers in the men’s game, with each day’s moves listed in order of highest fee.

All fees are reported unless confirmed with an asterisk (*).

Aug. 15

Brentford: B+
Arsenal: C+

With a contract that expires in 2024, Raya had the cards in his favour over a move. Brentford did well to get an initial £3m loan fee and £27m obligatory fee next summer, designed to help Arsenal with financial fair play concerns.

I’ll be honest, I don’t get it. Aaron Ramsdale is No. 1 and has been one of the main reasons for the club’s success. Raya could push him, and it’s good to have competition, but even though he has arrived on loan, spending £27m to sign a backup goalkeeper is silly. It probably won’t end well for one of them.

Aug. 14

Brighton: A+
Chelsea: A

Brighton are so good at this. They signed the Ecuador international for around £4m in 2021 and have made a huge profit. They held on to their midfield star amid interest from Chelsea and Arsenal in January, then managed to get what could turn out to be a British transfer record for his services. Wow.

Chelsea had to pay more than they wanted, which was around £80m, as Liverpool made a bid of £111m. They were lucky the player wanted to move to Stamford Bridge, and once again they’ve landed one of the top young players in world football. He could be a world-class addition.

Chelsea: D
Real Madrid: B+

Chelsea signed a new No. 1 in Robert Sanchez, but sending the world’s most expensive goalkeeper out on loan isn’t a good look. He could have stayed and fought for his place, but Mauricio Pochettino clearly didn’t rate him. What a waste of €80m.

Signing David de Gea on a free transfer seemed like an easy win for Real Madrid, but Kepa will do a job while Thibaut Courtois recovers from his ACL injury. His form has been patchy over recent years, so they will hope he lands on his feet.

Aug. 12

HARRY KANE
€100m (£86.4m, $110m)

Tottenham: A-
Bayern: A

Backed into a corner by the fact Kane’s contract was expiring next year, Tottenham had to let him go. They didn’t want to, but picking up €100m, with another possible €20m in add-ons, is pretty good for a 30-year-old.

Finally, Bayern have replaced Robert Lewandowski with a world-class striker. The club aren’t usually ones to pay over the odds, but the England international is worth every penny and should thrive in the Bundesliga.

Barcelona: C-
PSG: B+

Barca were forced to act as they had to agree to this low release clause when he signed his contract. A fee of €50m is super low for Dembele, and Barca were caught out. Although they will gladly take the money and might look back on his questionable injury record for comfort.

PSG are planning for the future and made use of the clause before it doubled to €100m. Well done to them, and it’s a surprise other clubs didn’t try the same. The France international can flourish in Paris, but he will need to show he can overcome his previous injury issues.

Aug. 9

Arsenal: B
Nottingham Forest: B+

Turner served as backup to Aaron Ramsdale and made just seven appearances — all in cup competitions — so it’s no surprise to see him leave. The Gunners signed him for £5m and moved him on for £10m a year later, so it’s decent business.

Forest needed a new No. 1, and Turner cemented his position as the first-choice goalkeeper for the USMNT even though he wasn’t really playing at the Emirates. He should get a chance to show what he’s capable of.

Aug. 8

Wolfsburg: B+
Tottenham: B

The German club have made a ten-fold profit on the young defender, a €4m signing from Volendam in 2021. They will miss him, but that kind of money will go a long way to rebuilding the squad.

Almost a midfielder disguised as a defender, with strong passing, dribbling and running skills, Van de Ven could be key to starting Spurs’ attacks from the back. He’s flown somewhat under the radar during his career, so €40m seems a lot, but he’s shown that he has some potential.

Southampton: B+
Newcastle: B

After Livramento failed to make a breakthrough at Chelsea, Southampton snapped him up for £5m in 2021 and have made a big profit given he missed over a year of football with a knee injury.

The right-back has only one full season under his belt, so Newcastle are gambling on his potential. It’s a huge fee for a 20-year-old with a questionable injury record, and it may come back to bite them. But he can learn from Kieran Trippier and is highly rated by those who have watched him play for years.

Aug. 7

Benfica: D
PSG: A-

When you put a release clause of €120m into a player’s contract, you should only really accept offers that come close to it. And allowing your guy to move on loan first, that’s just silly. An option to sign permanently for €65m, plus €15m in add-ons, makes the total fee a potential €80m, but the 22-year-old should be worth more in this market and certainly shouldn’t be leaving on loan.

Ramos is the goal scorer whom PSG need and a versatile attacker who could help replace Kylian Mbappe in the long term. How PSG managed to negotiate a loan first to help with their financial fair play issues is incredible, and if they do opt to sign him permanently, then it’s a decent price for one of the top young forwards in Europe. He should do well in Ligue 1.

Aug. 5

RB Leipzig: A+
Man City: A+

How do they keep doing it? Leipzig landed the Croatia international for just €19m from Dinamo Zagreb in 2021. Now his transfer is worth five times that amount. It helped that he had a good World Cup, but the club can just find another young star and do the same.

City have signed arguably the best young central defender in the world. At 21, he has room to grow and can slot in at left-back as well. It’s a lot to spend, almost a world-record amount for a defender, but he’s worth it. And there are no add-ons to pay either.

Atalanta: B+
Man United: C+

Financially, this doesn’t feel like a good deal for either team. Atalanta wanted €100m and got €75m, albeit with €10m in add-ons potentially arriving. And Man United are overpaying for an unproven 20-year-old.

The step up to the Premier League might be too quick for Hojlund, given he is just starting his career. But United are gambling on a lot of potential and it could backfire.

Brighton: A-
Chelsea: B-

A £25m fee for a backup goalkeeper? Brighton have done it again, and have already signed his replacement in Bart Verbruggen.

It doesn’t feel like a very “Chelsea” signing right now. For starters, Sanchez is 25 and not 18. They’ve signed a new No. 1 goalkeeper for a cheap fee given that Kepa is going to go out on loan, but he might find himself replaced soon.

Aug. 4

Monaco: B+
Chelsea: B

The France international defender, who can play at centre-back or right-back, had been tracked by Man United and Newcastle. Monaco got the fee they wanted, so all credit to them.

You have to hope that Chelsea didn’t sign Disasi just because Wesley Fofana was ruled out for an extended period. He will face plenty of competition for his place in the side and surely the move spells the end of Trevoh Chalobah’s career at the club.

Valencia: C+
AC Milan: B

Valencia signed Musah as a youth player in 2019 from Arsenal, so it’s all profit. But you have to feel that a 20-year-old with such obvious growth potential should have fetched a little more in terms of transfer fee. The club wanted €25m, but had to negotiate down.

Having signed Christian Pulisic already, the addition of his USMNT teammate is an interesting one. Milan needed to replace Sandro Tonali and did so with a couple of players, so maybe it will work out. And if it doesn’t, then they haven’t spent much to sign Musah.

Aug. 1

Bayern Munich: C+
Al Nassr: A+

Yes, Bayern recouped virtually what they paid Liverpool to sign Mane a year ago. But there’s an embarrassment factor here. The German champions would not have wanted things to end this way. They were just afforded the best option to move on.

Al Nassr made waves when signing Cristiano Ronaldo, but Mane could have just as much impact. He’s 31 and has signed a four-year deal. Of all the players to move to Saudi Arabia outside Ronaldo, he could be the best.

July 25

Wolves: C-
Fulham: B

With a huge €38m fee back in 2019, the move didn’t reach expectations despite the Mexico international scoring 57 goals in 166 games. Wolves could have picked up a bigger fee, but it feels like they have been planning for life without the Jiménez for while.

At Fulham, Jiménez will look to revive the attacking form that has been severely impacted by a life-threatening head injury suffered in late 2020. He’s 32, so he doesn’t have long left in his career, but for such a cheap fee he seems a good replacement for Aleksandar Mitrovic.

July 24

Bayern: C+
Dortmund: B-

A free transfer signing from RB Leipzig, the Austria international managed only two goals in 54 competitive appearances for Bayern, as he couldn’t cement his place in the first XI. A loan to Man United last season didn’t do much either, so Bayern did well to get a decent fee.

He’s no replacement for Jude Bellingham, but he has all the tools to be a success in the Bundesliga if he can recapture some of his old form. It’s relatively rare to see a player move the other way from Bayern to Dortmund, but it made sense.

July 22

Bayern Leverkusen: A-
Aston Villa: A

With 49 goals and 48 assists from 173 games, Diaby has been a real star for the German side. He will be hard to replace, but €60m was too much to turn down.

Villa broke their club record — previously £33m to sign Emiliano Buendia from Norwich in 2021 — and it’s money well spent. Diaby is a class act and his skills down the wing should bring an extra dimension to the attack. Alongside the £31.5m signing of Villarreal centre-back Pau Torres, Villa are spending quite a bit this summer.

July 21

Inter Milan: B-
Man United: A

It’s a decent fee, but Onana has been key to Inter’s success in recent years and letting him go near his prime isn’t super smart given he has a contract until 2027. But they need the money and could get another €4m in add-ons.

Man United needed a goalkeeper who is good with the ball at his feet and they don’t come much better than Onana. His issues with Cameroon at the World Cup aside, United have signed a dependable and top quality No. 1 for the next five years at least.

July 19

ORIOL ROMEU
€8m ($9m)

Girona: B
Barcelona: B

It’s a decent amount of money for a 31-year-old and Girona also get Barca midfielder Pablo Torre, 20, on a season-long loan as part of the deal.

Romeu returns to the club where he spent seven years as a youth-team player before moving to Chelsea in 2011. Make no mistake, if Barca had any money at all they would have looked elsewhere, but the need to fill the defensive midfield vacancy left by Sergio Busquets, coupled with his fine performances with Girona last season and his knowledge of the club, made it happen.

July 18

Napoli: A-
Bayern: B+

One of the best defenders in Serie A last season as Napoli ended their long wait for the Scudetto, Kim was signed from Fenerbahce for €18m a year ago. Napoli wanted his €50m release clause and they got it.

Bayern love to spend big on a centre-back. Having splashed out on Lucas Hernandez (€80m), Dayot Upamecano (€42m) and Matthijs de Ligt (€77m) in recent years, the German champions have done it again. Kim will replace Hernandez, who is likely to move to PSG, so it’s a decent move.

July 16

Inter Miami: A+

The MLS secondary window opened on July 5, and Messi was finally announced as an Inter Miami player weeks later. It seems incredible, but the 36-year-old GOAT made it clear why he didn’t want to return to Barcelona or head to Saudi Arabia after leaving PSG this summer. America is a new challenge and one he will relish. It was a complex deal to pull off, but David Beckham-owned Miami did it, with a little help!

Inter Miami: A-

Not content with just signing Messi, the MLS side also bagged his former Barcelona teammate Busquets, 34. He negotiated with Saudi sides Al Nassr and Al Hilal but had always wanted to play in the United States. A rare breed of midfielder, Miami won’t see the best of him at his age, but he should still show his class.

July 15

West Ham: A+
Arsenal: A

Arsenal offered £75m plus £15m add-ons. West Ham said they wanted £100m up front. Man City bid £80m plus £10m add-ons. West Ham said they wanted £100m. Fair play. They got the price they wanted. They’ll miss Rice, but £100m goes a long way to adding depth to their squad and they kept their word in letting him go.

Arsenal had to spend big to land their top target, and they did (plus another £5m in add-ons). Rice, 24, is a player who can do everything in midfield and will only get better. It’s a super deal.

July 14

Ajax: B+
Arsenal: B+

As usual, Ajax take a youngster and turn him into a superstar. It’s pure profit on the deal, and while the club will lose one of their best players, they are used to dealing with this. Ajax held out for a bigger fee and they got it, plus a potential €5m in add-ons.

Timber is not the tallest defender (at 5-foot-10), but he’s quick and versatile enough to cover a number of positions. Squad depth is key for the Gunners, and his signing will help them a lot.

July 13

Chelsea: C-
AC Milan: B+

Signing the U.S. international for €62m in 2019, it’s clear Chelsea would have expected more, and they’ve taken a big loss. The move to London didn’t work out for him. Still, even though the club are targeting younger players now, he could have brought some valuable experience if he had stayed and extended his contract.

Milan were able to negotiate down from Chelsea’s demands for €25m (although they could pay an extra €2m in add-ons) and have landed a 24-year-old who can make a difference in the final third. He won’t be able to play on his favoured left wing, given Rafael Leao is there, but he can do well as either a No. 10 or a right winger in Serie A.

July 12

Lazio: C-
Al- Hilal: A+

The Serbia midfielder has been linked with a move away from Lazio every single year for ages, but the club always wanted at least €100m. They did not get that, as his contract was expiring next summer, but they will regret not accepting one of the many offers they’ve had.

The likes of Arsenal, PSG, Juventus, Chelsea and Manchester United have been linked with Milinkovic-Savic recently, so Al-Hilal have done incredibly well to persuade him to move to Saudi Arabia. He’s 28, so is still in his prime. This transfer came out of the blue and is a real statement.

July 9

Bayern: C+
PSG: B

An €80m signing from Atletico in 2019, Hernandez is being allowed to leave for just over half that amount. His injury history and the fact his contract expired in 2024 played a part, but Bayern could have managed things better. Though they have agreed to sign his replacement, Kim Min-Jae, already.

PSG’s fans might not be too pleased, given his links to rivals Marseille, but Hernandez should strengthen the side. If he can stay fit then his versatility will certainly help them; if not, it’s a big-money gamble.

July 7

Sporting CP: A
PSG: A-

Ugarte signed for Sporting for €6.5m (for half of his economic rights) in 2021, and he’s gone on to repay that tenfold. The club did what they do best, which is to sign a young player and move him on a few years later for a massive profit. He had a €60m release clause, so they got what they wanted.

A tough defensive midfielder who impressed for Uruguay at the World Cup, Ugarte is exactly what PSG need. A ball winner who can hold on to possession and pick a pass, he has plenty of potential to develop. The French champions may have overpaid, but he’s an exciting talent.

FC Augsburg: C
PSV Eindhoven: B

This was a bad move by Augsburg, who landed Pepi for €16m in January 2022 and, when he didn’t impress, then sent him on loan to FC Groningen where he scored 13 goals in 31 appearances in all competitions last season. They took a gamble and had to let him go for less.

For PSV, the gamble is still there. But the USMNT striker has already shown he can score in the Eredivisie and at 20 years old has time on his side. It’s not a huge fee, so they they aren’t taking too much of a risk.

July 6

Fenerbahce: D
Real Madrid: B+

You don’t let one of the best young players to come through the academy leave for such a low fee. The fact it was a release clause suggests that the Turkish side didn’t consider that big clubs might come in for him so soon. Big mistake.

A possible generational talent, if you believe the hype. It will be a steep learning curve for the 18-year-old midfielder, but Guler seems to be worth the trouble. It’s not a massive outlay, and the rewards for Madrid could be huge if he delivers on his potential.

Real Madrid: D+
PSG: A

Once considered the future of Real Madrid, Asensio’s stock has dropped in recent years and he decided to leave in search of more regular first-team football. But he still played 51 times last season, scoring 12 times, so will be missed. And Madrid shouldn’t allow a player of his class to leave for nothing.

Another great move for PSG as they took advantage of his contract situation to snap the 27-year-old up for free. He’s not a replacement for Lionel Messi, but will contribute plenty to the cause and is still yet to reach his full potential.

Inter Milan: D
PSG: A-

Inter didn’t want him to leave and they don’t get a transfer fee to ease their financial issues, so it’s a bad grade given they spent around €20m bringing him in from Sampdoria in 2017. The only thing in their favour is that he suffered with injuries last season.

Gosh PSG are good at landing players on free transfers. Skriniar is a fine defender and will add some great depth if he can stay fit.

July 5

Chelsea: B
Man United: A

Chelsea wanted at least £70m, so they have compromised in order to get a deal done and help balance the books, but £55m is still a large amount for a player whose contract expires in a year. Still, he joined Chelsea as a six-year-old so this departure will hurt.

A great move for United as the England international’s versatility will boost their attack no end. At 24, Mount has the quality to add depth and can provide rotation options alongside Christian Eriksen and Bruno Fernandes in midfield.

July 3

AC Milan: C+
Newcastle: A

For an initial outlay of €25m in signing him from Brescia in 2021, Milan have made a huge profit in moving on the 23-year-old. It feels slightly odd as he seemed destined to become a club legend and the fans are upset, but money talks.

Newcastle have landed themselves one of the top young midfielders in Europe. Tonali has plenty of time to develop and will relish playing in the Premier League. A statement signing to kick off the new season!

July 2

RB Leipzig: A
Liverpool: A-

Leipzig continue to own the transfer market as they signed Szoboszlai for €20m in 2020 and have made a huge profit. They will miss him, but you get the feeling that they have another youngster ready to step in.

Liverpool paid the Hungary captain’s release clause and it is a lot of money. But he’s capable of playing in a number of positions across the forward line, is 22 years old, and is a set-piece specialist. If he can steer clear of injury then he will improve the side a lot.

July 1

Dortmund: C+
Real Madrid: A+

OK, Dortmund signed him for €30m and have made a huge profit in three years as he has become one of the best midfielders around. But the fee still seems on the small side for a 19-year-old with such potential. A 30% add-on clause makes the total outlay only €134m, which puts him fifth in the all-time list. Dortmund surely could have got at least a baseline fee of around €120m, with add-ons up to €150m.

A wonderful deal for Madrid, who beat out Man City, Liverpool and every other top club in Europe. Their midfield is set up for the next decade, and they’ve landed a generational talent who will surely become a world star in LaLiga.

RB Leipzig: B+
Chelsea: A-

Leipzig did what they do best: sign a player for a cheap fee and move them on for a huge profit. Nkunku reportedly had a release clause in his contract, so that’s the fee Leipzig got. But they signed him for a mere €13m from PSG in 2019 and turned him into a superstar.

Nkunku is not the No. 9 striker that Chelsea sorely need, but he is a fine operator up front who can fill a number of positions. His 23 goals in 36 games last season show he can hit the back of the net and he’s a more than capable replacement for Kai Havertz if he departs for Arsenal. Though this deal was agreed on as early as last September.

PEDRO PORRO
€45m (£39.5m, $48.7m)

Sporting CP: A
Tottenham: B+

Sporting triggered Porro’s release clause of €8.5m after a two-year loan from Man City last summer and have now made a huge profit, as they held out for his new release clause of €45m. It’s classic good business from one of the best clubs in the transfer market.

Tottenham have spent big to sign the 23-year-old right-wing-back, having had him on loan since January, but a bit more forward planning could have seen them avoid such a big outlay. Still, he impressed as the season wore on and he should do well under Ange Postecoglou.

FC Salzburg: B
RB Leipzig: A-

Salzburg are a feeder club; they sign young talent, then move them to Leipzig for a bigger fee when they impress. Sesko’s 18 goals in 41 games have shown what the teenage striker is capable of and he has the potential to go far.

Leipzig ensured they had this deal wrapped up last year, as Man United and others were sniffing around. It’s a good move and the 20-year-old should settle well given the similarities between the two clubs.

Lille: B
Juventus: B-

Weah joined Lille from Paris Saint-Germain for €10m in June 2019 and contributed eight goals and eight assists in 107 games. Not a stellar record, but at least they made a minor profit on the deal.

There will be high expectations in Italy for the United States winger, who is a son of AC Milan legend George Weah. But he’s unlikely to have the same impact as Angel Di Maria, the man he is replacing.

Espanyol: D-
Real Madrid: A

For some reason Espanyol included a clause in Joselu’s contract that allowed him to move on loan to another club if they were relegated. Then they were relegated. Now they’ve lost their top scorer and have no transfer fee to compensate for his departure.

The 33-year-old striker played for Real Madrid Castilla from 2010 to 2012, so this is a dream move for him. Having scored 16 times in LaLiga last season, he will help fill the void left by the departures of Mariano and Karim Benzema without any financial outlay. A great deal for a man in form, and Madrid have an option to make it permanent.

Al Ittihad: A+

Wow. Nobody expected the 35-year-old Benzema to leave Real Madrid on a free transfer and head to Saudi Arabia. But money talks, and his two-year deal worth €400m was clearly a major factor. Cristiano Ronaldo moving to the league at 37 was one thing, but Benzema is the Ballon d’Or holder. This is huge!

Al Ittihad: A-

With wages around the €100m-a-year range, it’s easy to see why Kante chose to move to Saudi Arabia. The 32-year-old’s career has been blighted by injury in recent years and he hasn’t been the force he once was in midfield, so the club aren’t getting a player in his prime. Chelsea offered him a new deal, but Al Ittihad’s money made the difference. You just have to wonder what one of the most down to earth people on the planet is going to spend it on.

Barcelona: A

Man City are foolish to let Gundogan, their captain and leader, leave for nothing. Just look at the impact he had from midfield, scoring crucial goals in the final weeks of the season to help them win the treble. Barcelona need goals and experience from the centre of the pitch, and right now there are few better players in that position in world football. Yes, he’s 32, but the Germany international will have a big impact in LaLiga over the next few years and will strengthen the Barca dressing room too.

Inter Milan: B+

Poor from Gladbach to let one of their top stars depart for nothing, but Inter snapped him up, and they should be pleased. The 25-year-old has scored 44 goals and registered 29 assists in 134 appearances, so he knows how to make an impact in the final third, and his versatility will come in handy for sure.

Aston Villa: B+

Given the number of top clubs linked with the Belgium international as soon as Leicester went down, Villa have done very well to snap him up. At 26, Tielemans still has some development potential and was one of Leicester’s best players before he struggled this season. Villa are a good club for him to continue his career.

June 30

Villarreal: A-
Chelsea: B+

With 12 goals from 26 games in his breakthrough season in LaLiga, Jackson has quickly risen to prominence. Villarreal can be pleased with the fee for the 22-year-old Senegal international and can use it to rebuild.

Chelsea have been looking for a No. 9 striker, and now they have one who can hold up the ball and run in behind defenders. He is still learning the game, so don’t expect fireworks immediately, but the Blues are used to gambling on potential.

June 28

Chelsea: A-
Arsenal: B

Chelsea have all but made their money back on the fee they paid Leverkusen to sign Havertz in 2020. That’s pretty good business considering they have already signed his replacement in Christopher Nkunku for €60m.

This one is tough. On the face of it, Arsenal’s need for a player like Havertz isn’t clear. He’s not really a striker, and the Gunners have plenty of quality attacking midfielders already. But coach Mikel Arteta clearly has a plan, and the Germany international’s versatility will help. Still, it’s an awful lot of money (plus another £5m in add-ons) to spend on a guy with just 32 goals in 139 games.

Leicester: B
Tottenham: A-

His 10 goals and nine assists from 30 games last season, despite Leicester’s relegation, marked him out as one of the best attacking midfielders in the Premier League. But Leicester could have picked up an extra £10m if they’d let him join Newcastle a year ago.

It’s a fair transfer fee for the 26-year-old England international, who can offer a lot going forward. His style of play should be a good fit under manager Ange Postecoglou, and he can hit the ground running.

June 27

Chelsea: C-
Man City: A

Chelsea were forced to accept a lower fee in order to get the deal done by June 30 and therefore make it count towards the first full tax year and help comply with UEFA’s Financial Fair Play rules. Otherwise they’d have held out for £35m or more. The Blues have lost a quality player on the cheap.

City have done well to snap him up for £25m, with another £5m possible in add-ons. The Croatia international is experienced, at 29, and has the quality to bolster Pep Guardiola’s squad depth. A solid replacement for Gundogan.

June 25

Chelsea: D+
Al Hilal: B+

Chelsea spent £32m to sign the Senegal international from Napoli last summer, and it didn’t work out. The 32-year-old was brought in as a replacement for Antonio Rudiger but struggled as the Blues suffered their worst season since 1994. They had to take a massive loss to move him on and were lucky to find a Saudi suitor.

Koulibaly will be a class addition to the backline and should have no trouble dealing with the quality of opposition he’ll face on a weekly basis, but you can’t help feel that Al Hilal could have spent their money elsewhere. He’s not going to sell many tickets but should help them keep clean sheets.

June 23

Wolves: A+
Al Hilal: A

Given that it was clear Neves was going to depart, Wolves did incredible business by persuading the Saudi club to shell out £47m. There’s no chance any club in Europe (especially not Barcelona, who were most linked) would have paid even half that.

At 26, Neves represents a different age of player to be tempted by the Saudi millions. It’s not quite a coup of the level of Bernardo Silva (if a club manages to pull that off) but the Portugal international is a quality player and is young enough to run the show for years.

June 14

Brighton: C-
Liverpool: B+

If you believed a lot of the reports after the World Cup, Brighton weren’t going to let the Argentina midfielder depart for less than £80m. However, it appears he had a release clause in his contract. Though Brighton may net another £20m in add-ons, it’s a very cheap way to lose one of their best players.

Liverpool have netted themselves a bargain and can rebuild their midfield with Mac Allister. The 24-year-old was one of the best midfielders in the Premier League last season and should bring a lot to Jurgen Klopp’s side with his passing, creativity and pressing.

Watford: B-
Brighton: B

The Brazilian forward scored 11 goals in 35 Championship games last season, but it wasn’t enough to help Watford to promotion. Could the club have held out for more money from a side like Newcastle? Possibly. But Watford needed to let him go.

Brighton are transfer market gurus, so when they make a move it usually works out. This time, though, they have splashed out a club-record fee. The 21-year-old is certainly an exciting prospect and his transfer could be worth twice that amount in a couple of years if he succeeds on the south coast.