Paris Saint-Germain have announced the signing of Monaco forward Kylian Mbappe on a season-long loan with an option to buy next summer.
Real Madrid, Arsenal, Manchester United and Barcelona were all interested in the teenager this summer but PSG have won the race for his signature.
Mbappe is expected to complete a £162 million switch on a permanent deal next summer in what has been viewed as a controversial ploy to navigate the Financial Fair Play (FFP) regulations.
“It is with great joy and pride that I join the Paris Saint-Germain,” Mbappe told the club’s website.
“For any young person from the Paris region, it is often a dream to wear the red and blue jersey and to taste the unique atmosphere of the Parc des Princes.
“I was seduced by the project of the club, it is one of the most ambitious in Europe. Along with my new teammates, I intend to continue my progression today while helping the team to achieve the very big objectives it has set itself. ”
The 18-year-old scored 26 goals in 44 matches for Monaco last season, winning Ligue 1, and is one of the hottest prospects in Europe.
Alexis Sanchez is almost certain to stay at Arsenal despite suggestions earlier in the week and even on Thursday, transfer deadline day, that the Chilean forward would be granted his wish to leave the club.
Arsenal were only willing to sell Sanchez, who was the subject of two bids from Manchester City, if they were able to find a replacement, with Monaco’s Thomas Lemar the first preference.
The Gunners were ready to meet Monaco’s €100 million asking price, with a bid of that value said to have been accepted by the French club.
However, with the bid coming so late on deadline day, it’s likely that Arsenal don’t have the time to agree terms with Lemar in order to complete the transfer.
The player is in France’s squad for the national team’s game against Holland later on Thursday, making negotiating a contract and completing a medical difficult.
Lemar reportedly would prefer a move to Liverpool in any case.
With the Lemar transfer looking nearly impossible, Sanchez will not be allowed to leave this summer.
Borussia Dortmund have signed highly-rated England youth international Jadon Sancho from Manchester City, the Bundesliga club have announced.
Press Association Sport understands the German club have paid around £8 million for the 17-year-old in a deal which also guarantees City will receive a substantial sell-on clause should he move on again.
The winger has been tempted to move by the prospect of first-team football in Germany and will wear the number seven shirt recently vacated by Ousmane Dembele at Dortmund.
Sancho was one of the star players during the recent Under-17 European Championship, in which England finished runners-up, and had attracted interest from Manchester United, Arsenal and Tottenham.
City had hoped to persuade their Academy product to stay but he turned down the offer of a new contract.
Dortmund sports director Michael Zorc told the club’s website, www.bvb.de: “We are very pleased that Jadon Sancho, who is currently one of the greatest talents in European football, will definitely play at BVB.
“We are convinced that we can help this very young player continue to develop his game and become a real asset for our team.”
— Borussia Dortmund (@BVB) August 31, 2017