Deadline day 2026 hinges on Julian Alvarez's Atletico stand-off, with Chelsea racing to replace Enzo Fernandez and Jadon Sancho still searching for a home.
Transfer deadline day 2026 is here. Julian Alvarez's stand-off with Atletico Madrid dominates the headlines, with Arsenal sensing an opening despite the Argentine's clear preference for Barcelona. Chelsea, meanwhile, look set to lose Enzo Fernandez to Manchester City and are already working the phones for a midfield replacement, with two separate names, Manu Kone and Lamine Camara, now in the frame. Elsewhere, Jadon Sancho's search for a club drags into a third window since leaving Manchester United, while Newcastle and Arsenal both have irons in the fire further down the market. With the 23:00 BST cut-off looming, here's where the smart money sits on the deals still live, and the confirmation on those already done.
Transfer Deadline Day Odds
Julian Alvarez Next Club Odds
Alvarez's situation has deteriorated into open conflict with Atletico, who left him out of Saturday's win over Sevilla after he missed multiple training sessions. Diego Simeone's insistence that the striker "wasn't well enough" reads as a diplomatic cover for a deeper rift, yet Atletico's refusal to sell to Barcelona, his stated preference, hands Arsenal a route in if they move fast. Atletico's reported £128m (150m euro) valuation is the real obstacle, not player intent.
Atletico are strong 2/11 favourites to keep him beyond the window, with Arsenal next at 4/1 and Barcelona drifting to 16/1.
Jadon Sancho Next Club Odds
Sancho's saga has become an annual deadline-day fixture, and this year he enters it as a free agent for the first time, no fee to negotiate, only wages and a club willing to gamble on fitness. His underlying numbers from his first Dortmund spell remain the strongest argument for a reunion: 94 goal contributions in 118 Bundesliga appearances is top-tier output, even accounting for the drop-off since. Dortmund's need is now serious after Giannis Konstantelias's ACL injury on his senior debut, though they have secured Ethan Nwaneri as a loan alternative.
Bookmakers make any German club 6/4 joint-favourite alongside a Saudi Arabian move, with a return to Dortmund specifically priced at 7/4.
Malick Fofana Next Club Odds
Arsenal's interest in Fofana is real but not unanimous within the club, and that internal split is the key detail here. The 21-year-old has two goal involvements in six league games this season and offers the kind of left-sided versatility Arsenal lack following Martinelli's £56m exit to Al-Hilal, but his omission from Belgium's World Cup squad after an injury-hit campaign will have registered internally as a risk factor.
Arsenal are priced at 4/9 to complete the deal, comfortably clear of Tottenham (5/2), PSG (5/1) and RB Leipzig (17/2).
Manu Kone Next Club Odds
Chelsea's move for Kone is a direct consequence of Enzo Fernandez's expected exit. Two goals and three assists in 29 Serie A appearances last season for a 25-year-old holding midfielder is a solid return. Gian Piero Gasperini's denies that any departure is imminent but Chelsea have already made contact with Kone's representatives.
The market makes Chelsea clear 1/3 favourites, with Roma next at 13/10 to retain him.
Lamine Camara Next Club Odds
Camara is arguably the sharper statistical profile of Chelsea's two midfield targets. French journalist Matt Spiro's described the €45m (£38.5m) fee as "crazily low". Monaco are reportedly keen to keep their player: Camara started and played the full 90 minutes against Marseille just 48 hours before the deadline, and head coach Filipe Luis has already stated: "I hope to keep him".
Chelsea are 8/13 favourites, with Liverpool the nearest challenger at 15/8.
Done Deals and Closed Markets
Iliman Ndiaye - Manchester City. City have agreed a deal worth up to £65m (£60m plus £5m in add-ons) for the Senegal winger, a move that only materialised after Tottenham's parallel plan collapsed. Spurs had agreed terms with Everton on Friday contingent on Richarlison moving the other way, but Richarlison couldn't agree personal terms on a return to his former club despite their £35m offer, freeing City to step in. A tidy piece of opportunism from Pep Guardiola's recruitment team on the back of a deal falling through elsewhere.
Enzo Fernandez - Manchester City. Fernandez has been left out of Chelsea's last two matchday squads, the clearest possible signal that his exit is now a matter of when rather than if. City have opened formal talks and a fee in the region of £120m is being discussed, with Enzo Maresca keen to reunite with a player he previously managed at Chelsea. The remaining question is purely logistical, whether the paperwork can be completed before Tuesday's 23:00 deadline, given City have already committed a club-record £117m to Elliot Anderson this summer.
Tosin Adarabioyo & Mykhailo Mudryk - Tottenham. Both deals moved fast overnight, with personal terms agreed and medicals starting this morning: Tosin arrives permanently, Mudryk on loan. Roberto De Zerbi's prior working relationship with both players, Tosin at Brighton and Marseille, Mudryk at Shakhtar Donetsk, gives Spurs' business a clear tactical throughline rather than late-window panic buying.
Robert Sanchez - Como. The Chelsea goalkeeper is expected to complete a move to Como, continuing the club's squad turnover under Enzo Maresca as they reshape the goalkeeping department.
Matias Fernandez-Pardo - Newcastle. Lille manager Davide Ancelotti's decision to exclude the 21-year-old from both the PSG matchday squad and subsequent training was a strong tell. Newcastle have reportedly been long term admierers of Fernandez-Pardo and they have seem to finally have their man for a reproted €60m fee plus add-ons.
Ilyas Ansah — Hull City. The German striker joins from Union Berlin in a five-year deal reported at €15m (£12.8m) plus €12m (£10.2m) in add-ons — a significant outlay for a Championship club and a clear statement of ambition from Hull's recruitment team ahead of the new season.
Mikey Moore — Cologne (loan). Tottenham's 19-year-old academy graduate heads to the Bundesliga for regular first-team football. Moore already has a Premier League debut against Manchester City on his CV along with Under-17/18 Cup double and Europa League winner's medals, making this a classic pathway loan for a player Spurs clearly still rate highly.
Hugo Larsson — Fulham (imminent). Marco Silva's side are closing in on the Eintracht Frankfurt midfielder in a deal worth around €25m, with the 22-year-old set for a medical before signing. A tidy piece of business if confirmed, adding Bundesliga-tested midfield quality to Craven Cottage.
Stefan Bajcetic — Celta Vigo. The Liverpool midfielder returns to his boyhood club permanently, five-and-a-half years after leaving for Anfield's academy. Bajcetic's promise under Jurgen Klopp — including a senior debut at 17 — never translated into consistent opportunities, with injuries restricting him to spells at Red Bull Salzburg and Las Palmas since. A pragmatic reset for player and club alike.
Omari Hutchinson — AC Milan (loan). Nottingham Forest allow the forward to leave on loan with an option to make it permanent, just twelve months after his £37.5m arrival from Ipswich. Only 17 Premier League starts under four different managers last season tells its own story about a difficult year at the City Ground.
Jack Grealish — Everton (loan, developing). The Athletic's David Ornstein reports City are set to re-loan Grealish to Everton for a second season, though full confirmation is still awaited.
Nick Woltemade — Juventus (loan). Newcastle's £69m record signing joins the Italians on a season-long loan worth £3.5m, with no option to buy included. Juventus turned to Woltemade after talks over Manchester United's Joshua Zirkzee stalled and Jonathan David's move to Atletico Madrid progressed separately — Woltemade won out on cost and flexibility. Newcastle's parallel deal for Lille's Matias Fernandez-Pardo, worth up to £55m, effectively cleared the path for this exit.
