The big day is here. Follow all the latest transfer news on Deadline Day, including updates on the futures Alex Oxlade-Chamberlain and Alexis Sanchez.
00:12
COUTINHO ‘VERY CALM’
Barcelona target Philippe Coutinho is not letting mounting speculation over his future distract him from his international duties, insists Brazil goalkeeping coach Claudio Taffarel.
"I am seeing him (in) great serenity," former World Cup winner Taffarel told SporTV. "He is very calm, very calm.
"The player is accustomed, in this period, to live in this type of situation. I also experienced that.
"Each (player) has an entrepreneur, a person who takes care of the business. He's in here, totally back, with his head in the games. I've seen him training very well."
00:49
EARLY PAPER TALK
A look ahead to the biggest transfer stories making the back pages on Deadline Day...
Manchester City have sent a delegation to Chile in anticipation of finalising a deal for Alexis Sanchez. (Daily Telegraph)
Arsenal midfielder Jack Wilshere is being lined up for a dramatic deadline day switch to West Ham. (The Sun)
Arsenal are attempting to seal a last-minute swoop for Paris Saint-Germain forward Julian Draxler — or they will block Alexis Sanchez’s move to Man City. (Daily Mirror)
Liverpool chiefs are flying out to Monaco to push through a deal for Thomas Lemar. (Daily Mail)
Mauricio Pochettino is weighing up a late move for Chelsea-target Fernando Llorente. (The Sun)
Manchester City have still to meet West Brom’s £30m asking price for defender Jonny Evans. (Daily Mirror)
Tottenham are locked in a transfer deadline day battle with West Ham to sign Andre Gomes on loan from Barcelona. (Daily Telegraph)
00:53
PREMIER LEAGUE LOANS
Should this become a Deadline Day talking point, here’s the rule…
These are officially called temporary transfers. Under Premier League rules, there are restrictions on how many players Premier League clubs can loan from other Premier League/English clubs. They are:
Premier League clubs may not register more than two players on loan at any one time;
The maximum number of loans registrable in the same season is four, and, under no circumstances, shall more than one be from the same club at any one time;
Premier League clubs cannot loan to another Premier League club a player they have acquired in the same transfer window;
A Premier League club may loan not more than one of its goalkeepers to another Premier League club;
With the exception of Welsh clubs competing in the competitions listed under Rule V.6.2, loans from a club in membership of another National Association do not count towards the above quotas (international loans are governed by FIFA under separate regulations)
01:06
THAT'S ALL FOLKS!
In 24 hours, everything will be a lot clearer...
Join us at 6am for all the latest news and rumours from the window. With A LOT of business still to be done.
Until then...
06:59
DEADLINE DAY!
The big day is finally here.
There’s just seventeen hours left for clubs to make any last minute buys – oh yes, its deadline day... and it's going to be a busy one.
Let’s waste no time, you’re here for transfer fun and we’ve got a developing line to bring you straight away….
07:02
BREAKING NEWS
Leicester winger Riyad Mahrez given permission to leave Algeria squad to complete transfer to a new club.
07:06
BREAKING NEWS
Nani has arrived in Rome ahead of completing a move to Lazio from Valencia.
07:11
MAHREZ UPDATE
Let’s get more on the significant overnight news which concerns Riyad Mahrez.
The Algerian FA has released the Leicester forward from the squad so he can complete a move to a new unnamed club.
Mahrez was training with Algeria in preparation for the World Cup qualifier against Zambia on Saturday but he's been given permission by head coach Lucas Alcaraz and the Algerian Football Federation to travel to Europe to formalise his transfer away from Leicester to a new club today.
Who could that unnamed club be? Arsenal and Roma have both been linked with the winger during this transfer window.
07:17
WHAT TO EXPECT?
Follow LIVE on Sky Sports News - channel 409. We'll have reporters at every Premier League club from 6am to bring you the inside track and the big developments.
Paul Merson, Guillem Balague, Jamie Carragher, Phil Thompson and Charlie Nicholas will be in the studio.
Soccer AM's Laura Woods and Adam Smith will be live on Facebook and YouTube from 6pm-6:30pm to review the latest done deals.
If you're out and about, be sure to follow @SkySportsNews for breaking news and use #DeadlineDay to get involved!
07:22
DEADLINE DAY: YOUR GUIDE
The summer transfer window shuts at 11pm on Thursday and Sky Sports will guide you through the deals and the drama right up to the deadline and beyond.
The futures of Philippe Coutinho and Diego Costa remain up in the air, while Alexis Sanchez could be on the move and Kylian Mbappe is closing in on a big-money move to Paris Saint-Germain.
With the 2017/18 campaign up and running, who'll make a last-ditch bid to strengthen their squad? Will your club steal a march on a rival, bring in an old head or take a punt on an unknown? And will that precious paperwork be filed on time?
07:23
PAPER TALK
Manchester City have sent a delegation to Chile in anticipation of finalising a deal for Alexis Sanchez, in the event they can first persuade Arsenal to sell the wantaway striker. (Daily Telegraph)
Tottenham are locked in a transfer deadline day battle with West Ham to sign Andre Gomes on loan from Barcelona. (Daily Telegraph)
Chelsea striker Diego Costa has edged closer to getting his wish of a move back to Atletico Madrid, with the clubs heading towards a deal over the fiery frontman. (Daily Mirror)
Wolves are sweating on a £10m-plus offer for PSV Eindhoven's Jurgen Locadia. (Daily Mirror)
07:29
DEADLINE DAY QUESTIONS
Another record-breaking summer transfer window is almost at an end but there are still plenty of potential deals yet to be concluded ahead of another exciting Deadline Day.
All eyes are on Alexis Sanchez, Philippe Coutinho, Virgil van Dijk, Diego Costa and plenty of others heading into the final day of the window - but what about some of the lesser known elements of last-minute deals?
When does the window actually shut and what does that mean for Europe's top leagues? Do medicals have to be completed before the window slams shut?
07:30
THE BIG PLAYERS
Alexis Sanchez: Arsenal have rejected one bid of £50m from Manchester City. Sanchez is due to play in a World Cup qualifier 30 minutes after the window closes. So how is his state of mind?
Alex Oxlade-Chamberlain: A fee that could rise to £40m was agreed yesterday - and people close to the deal are telling us he had a medical at St George's Park last night. So we could get developments on that any time now.
Philippe Coutinho: He's still keen on joining Barcelona, who haven't come back YET since a fourth bid of £138m was rejected. This one could drag on as Spain's window closes tomorrow.
Virgil Van Dijk: Plenty of clubs are linked with him - including Liverpool, Chelsea, Arsenal and Manchester City.
Diego Costa: He's determined to leave Chelsea - in fact he still hasn't returned to the club from Brazil - and is desperate to join Atletico Madrid. Will a deal be done today?
Jonny Evans: Manchester City, Leicester and Arsenal are all possible destinations for him.
07:34
THE COUNTDOWN IS ON
Sky Central - the hub of our base here at Sky - is keeping our workforce aware of who is going where today.
Love,
Igor Nikitovic