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Bayern Munich have signed James Rodríguez from Real Madrid in a two-year loan deal. Bayern have an option to buy the Colombian at the end of the loan deal for €40m.

In addition, Bayern will pay Real Madrid €5m per season for Rodríguez and they will also pay all of his wages, believed to be €8m for the first year and €8.2m for the second.

The 25-year-old, signed a six-year contract at Real after joining from Monaco for £71m in July 2014.

Arsène Wenger has insisted that Alexis Sánchez has not told him he wants to leave Arsenal.

There are whispers that Sanchez, and Aaron Ramsey has agreed to new contracts, and Wenger did not dismiss these stories saying that he believes that Sánchez’ will stay at the club.

“The players come back and we expect them to respect their contracts,” Wenger said on Tuesday.

Asked whether Sánchez had told him he wanted to leave, the Frenchman said:

Premier League Summer Transfers

With the 2016/17 Premier League finished, the summer transfer window is now open, with clubs able to announce deals that will, in the case of those from outside England, be ratified from 10 June, 2017.

This summer’s window will close on 31 August and we will bring all the latest signings made from the Premier League as the 20 clubs are expected to spend over £1.5B this summer. s.

Sead Kolasinac (Schalke, free)
Alexandre Lacazette (Lyon, £53m)

Yaya Sanogo (released)
Stefan O’Connor (released)
Chris Willock (Benfica, free)

Manchester United’s all-time leading goalscorer Wayne Rooney has returned to Goodison Park on a two-year contract, 13 years after leaving for Old Trafford in a £26.5 million deal.

Manchester United let Rooney out of his contract one year early so that he could return to his boyhood club and United players and staff have been full of praise Rooney who won 11 major trophies for the club and will go down as one of the legends of his generation.

Straight after the transfer was sealed, former United team-mate Gary Neville said on Twitter:

Arsenal striker Olivier Giroud has been included in a 25-man squad for the club’s two-week tour of Australia and China that will see the 2017 FA Cup holders play four matches.

Speculation had been rising Everton were interested in signing the forward – who has hit 98 league and cup goals for the Gunners – as a direct replacement for Romelu Lukaku who signed for Manchester United in a fee worth £75 million.

However, the trip to the southern hemisphere puts on hold any talks with Giroud from possible suitors – at least until he returns.

Inter Milan manager Luciano Spalletti would like to speak with star midfielder Ivan Perisic, who he says has become “distracted” by interest from Manchester United.

United manager Jose Mourinho has identified the Croatia international as a key target in his summer rebuilding program at Old Trafford, and sources confirmed to ESPN FC’s Mark Ogden that the Europa League winners and Inter discussed the player’s valuation at the beginning of last month.

Despite Inter later telling United that they would not drop their €55 million (£48m) asking price for the winger, reports of Perisic’s desire to join the Premier League club have persisted, and the former Roma boss has promised to meet with the Croatia international in hopes of clearing the air.

Chelsea Sign Antonio Rudiger From Roma

Hours after missing out on the striker that manager Antonio Conte desperately wanted, Chelsea announced the signing of defender Antonio Rudiger from Roma in a deal worth £31m. With add-ons the fee could rise to as much as £35m.

The 24-year-old has signed a five year deal with the Premier League champions.

After the move, Rudiger told Chelsea’s official website:

‘It’s a great feeling because not every player has the opportunity to join a huge club like this.

‘I am looking forward to meeting up with my new team-mates and I’m very proud to officially become a Chelsea player.’

To nobody’s great surprise, Cristiano Ronaldo has undergone a change of heart over his future and has decided to remain at Real Madrid.

Madrid president Florentino Perez admitted Ronaldo was left ‘angry and hurt’ after accusations from the Spanish authorities that he had evaded £12.9million in tax.

Ronaldo informed the club that he would leave if he was convicted of tax fraud and even held a secret meeting with Paris Saint-Germain president Nasser Al-Khelaifi, just hours before scoring twice in the Champions League final win over Juventus.

Manchester United’s stars have arrived in Los Angeles, but United’s 27-man party is missing one stat as Romelu Lukaku is expected to join his new teammates at UCLA for training in the next couple of days.

United have held off officially announcing Lukaku’s world record £90 million transfer from Everton so that former captain Wayne Rooney can enjoy the spotlight for 24 hours as he returns to his boyhood club from United.

Jose Mourinho has named an strong squad for the tour, including key players Pogba, De Gea, Antonio Valencia, Daley Blind and Henrikh Mkhitaryan in his travelling party.

Lyon’s president has confirmed that Arsenal target Alexandre Lacazette still wants to leave the club, but has insisted that he will not be sold until a suitable replacement is found.

On Monday the French side signed young Chelsea striker Bertrand Traore in a £10m deal, leading many to speculate that the club were paving the way for Lacazette’s departure.

But Jean-Michel Aulas has said that the club do not see Traore as a like for like replacement and would only sell Lacazette when they have recruited another forward – thought to be Real Madrid’s Mariano Diaz.