Transfer news live: Man Utd save £42m, Liverpool enter talks, Arsenal lock down winger | Football | Sports

Arsenal have yet to lock in and make concrete moves for PSV ace Johan Bakayoko.

The Gunners are still assessing their options as Bakayoko is being targeted by a number of clubs this summer – with the Belgian starlet known to be available for a transfer.

Talking to Givemesporttransfer expert Fabrizio Romano has confirmed that Arsenal are biding their time.

While Arsenal have been known to be monitoring the youngster for some time, the deal at this stage remains something that is considered ‘not imminent’.

They need to start spending as soon as possible, but United has made strong progress in saving money.

As the clock turned to midnight on July 1, the contracts of six Manchester United players expired, wiping around £42 million from the club’s annual wage bill.

And the end of the PSR 2023/24 window on the same night gave Sir Jim Ratcliffe more freedom to make the first signs of his regime.

United are believed to have remained in line with the Premier League’s Profitability and Sustainability (PSR) rules over the past year.

But while INEOS have been active in the background, they have undoubtedly been held back from making any concrete moves in the first few weeks of the summer transfer window.