Live Transfer Updates: 1 July

RMC: Man City have made an £85m bid (transfer fee plus wages over a five-year contract) for Kevin de Bruyne. #WOB #MCFC
— Bundesliga Spotlight (@BundesligaSpot) June 30, 2015

The Vargas to Arsenal reports came from Sportmediaset, who yesterday said Higuain had told Napoli to listen to offers from Liverpool.
— Sport Witness (@Sport_Witness) June 30, 2015

ATTENTION: Juventus have reached NO agreement with Barcelona for Pogba. Whatever decision is postponed after presidential election
— Tancredi Palmeri (@tancredipalmeri) July 1, 2015

DEAL DONE: Álvaro Negredo has signed on a permanent deal with Valencia for a huge €30m. (Source: @MCFC) pic.twitter.com/lCPeAyvJiy
— Transfer News Live (@DeadlineDayLive) July 1, 2015

Chelsea are expected to confirm the loan signing of AS Monaco striker Radamel Falcao later this week. (Source: Evening Standard)
— Transfer News Live (@DeadlineDayLive) July 1, 2015

Juventus have rejected Barcelona's €80m for Paul Pogba, club director Giuseppe Marotta told Gazzetta dello Sport.

Juventus have rejected Barcelona's €80m bid for Paul Pogba. pic.twitter.com/T2QnoXRBY2
— Sportskeeda (@Sportskeeda) July 1, 2015

İlkay Gündoğan has signed a contract extension with Borussia Dortmund that will expire in 2017. pic.twitter.com/mSE6tsm8ec
— Sportskeeda (@Sportskeeda) July 1, 2015

Tuttosport - Juventus wants Cuadrado, Chelsea are open [to letting him leave] #CFC #Juve pic.twitter.com/XQnwFYiHBl
— ChelsTransfer (@ChelsTransfer) July 1, 2015

Bundesliga champions Bayern Munich are not very sure about Bastian Schweinsteiger's future.

Bayern Munich director Matthias Sammer: "Bastian Schweinsteiger has clearly expressed that he is an important part of the team, but let's see. We're still waiting."

AC Milan will pursue Juventus striker Fernando Llorente if their attempts to sign former player Zlatan Ibrahimovic is to fail. (Tuttosport)

Arsenal now stand as the main contender to sign Eduardo Vargas from Napoli with Alexis Sanchez convincing his Chilean teammate to go ahead with the move. £11.3 million is said to be the fee. (Metro)

PSV Eindhoven midfielder Georginio Wijnaldum says he is now ready to move to Ligue 1 side Paris Saint-Germain, having earlier rejected a move last year. (ESPN)

While TalkSport report that Aston Villa have agreed to a deal with Liverpool for their striker Christian Benteke, Liverpool Echo suggests otherwise.

Chelsea inch closer to signing Atletico Madrid's Arda Turan with a £29-million offer in place. (Daily Mail)

A €17 million deal is said to have been agreed between Stoke City and Inter Milan for Xherdan Shaqiri. The Swiss International is yet to agree to the move. (Sky Sports)

Inter Milan confirm their signing of Brazilian centre-back Miranda from Atlético Madrid. pic.twitter.com/jSbXmQkx6C
— Sportskeeda (@Sportskeeda) July 1, 2015