Chile international striker Alexis Sanchez has agreed to join Arsenal Football Club on a long-term contract.
Sanchez has just returned from the World Cup in Brazil, where he scored two goals in four appearances.
Arsenal manager Arsène Wenger said: “As many people have seen during the World Cup this summer, Alexis is a fantastic footballer and we are delighted that he is joining us at Arsenal Football Club."
It is expected that Sanchez will make his first Arsenal appearance at the Emirates Cup, which takes place at Emirates Stadium on Saturday, August 2 and Sunday, August 3.
Arsenal are edging closer to signing 25-year-old Chile striker, Alexis Sanchez.The North London team have put in a £32 million pound bid with Barcelona and are hoping to seal the deal within the next 48 hours.
However, this sale may well be dependent on the Spanish team acquiring Liverpool's top striker, Luis Suarez.
Goalkeeper Mark Schwarzer has signed a new one-year contract with Chelsea. The former Australia international headed to Stamford Bridge last summer on a free transfer from Fulham.
Schwarzer made 12 starts and a single substitute appearance - in the Champions League semi-final first leg against Atletico Madrid. Earlier this week, Chelsea confirmed the departure of Portuguese goalkeeper Hilario at the end of his contract.
Defender Ashley Cole also leaves Chelsea this summer, along with England midfielder Frank Lampard.
Rio Ferdinand has reportedly agreed a deal to sign for Queens Park Rangers.
Ferdinand would be reunited with Harry Redknapp who gave him his professional debut at West Ham in 1996.
The deal is expected to be confirmed by the club within the next 24 hours, reports suggest.
England captain, Steven Gerrard, believes anyone who dodges international duty is wrong and he called on Redknapp to name the players in question. He said: "I don't know who he means. Is it five years ago? 10 years ago? We need names. If it's the case, it's disgusting."
When I was at Tottenham, when full internationals came around, there were two or three players who did not want to play for England.
They would come to me 10 days before the game and say, 'Gaffer, get me out of that game, I don't want to play in that game'. I'd say, 'you're playing for your country, you should want to play'.
(They would say) 'Nah, my girlfriend is having a baby in four weeks, I don't want to play' and that is the truth, so it makes you wonder.
Steven Gerrard has called on Harry Redknapp to name and shame the former Tottenham stars who he claims skipped England duty.
Redknapp claimed some English players asked him to pull them out of national games when he was in charge at White Hart Lane.
Ian Wright said his family are "safe" as he arrived home from Brazil, adding: "All I want to say, really, is that my missus, my girls, everyone's safe. The police are trying to get on doing what they are doing. She's feeling good that I am back."
Police are investigating an aggravated burglary at what is believed to be the home of ITV football analyst Ian Wright.
Wright's north-west London house was reportedly burgled last night, with his wife and two children held at knifepoint during the raid.
A Scotland Yard statement said: "We are investigating an aggravated burglary at an address in north-west London after we were called at 9.20 last night.
"Personal possessions were stolen. The suspects are described as four black men aged between 18 and 25, with London accents, wearing dark clothing and hoodies obscuring their faces."
Football analyst Ian Wright last night tweeted "You won't get away with it!" in what may have been a message to the men who reportedly burgled his home while holding his family at knifepoint.
You won't get away with it!
The Sun reports that Wright's manager Steve Kutner said: “It was a terrifying ordeal. They marched Ian’s wife from room to room."
He also thanked ITV for returning him home from Brazil immediately after he learnt of the incident.