Transfer Deadline Day Live: Breaking down all the major deals, rumors

Find the biggest stories from across the soccer world by visiting our Top Soccer News section and subscribing to push notifications.

Transfer deadline day is in full swing. We’re providing live, quick-hit analysis of the biggest deals and rumors until tonight’s 6 p.m. ET deadline.

Give Chelsea all of your money

Chelsea are the headline act again at the transfer deadline – but playing a different role entirely. Languishing in 10th place in the Premier League standings and without Champions League football on the horizon, the cash-guzzling Blues desperately need funds to comply with Financial Fair Play regulations ahead of the 2024-25 season. Armando Broja and Conor Gallagher are reportedly up for sale, not because they’re angling to leave but because they offer the juiciest profit margin. Chelsea are raising academy graduates for financial slaughter, having pawned off Lewis Hall, Ruben Loftus-Cheek, and Mason Mount for tens of millions of pounds in pure profit over the last six months. Fulham are interested in taking Broja off Chelsea’s hands, just not at the quoted £50-million asking price, according to BBC Sport’s Phil McNulty. A loan deal could be a welcome compromise.

Bayern getting instant relief

Bayern are closing out the window strong. Signing Sacha Boey from Galatasaray for a reported €30 million solves a crisis at the right-back position, where midfielder Konrad Laimer and left-back Raphael Guerreiro have split time as square-peg-round-hole replacements for the injured Noussair Mazraoui. Further injuries to wingers Serge Gnabry and Kingsley Coman forced Bayern to bring in 22-year-old Granada winger Bryan Zaragoza six months ahead of his expected move to the Bavarians. The deals give Bayern the depth they need to continue competing on all fronts. Given their sputtering form and a surprisingly sustained challenge from Bundesliga title rivals Bayer Leverkusen, they need all the help they can get.

No place like home for Hojbjerg

Pierre-Emile Hojbjerg’s future at Tottenham Hotspur has been up in the air since Antonio Conte left the club in March 2023 – and it’ll be suspended in motion for a while longer. Hojbjerg, one of former manager Conte’s soldiers in midfield, has made just five Premier League starts under Ange Postecoglou. And while he remains on the periphery of Postecoglou’s plans, Hojbjerg remains committed to the cause. He doesn’t lack options – Juventus, Napoli, Ajax, and Lyon reportedly expressed interest in the midfielder – but still feels part of something big in north London. Credit to Postecoglou for making a player with such limited minutes feel connected to the cause.

Forest keep wheeling and dealing

Nottingham Forest are sticking to their usual deadline-day formula. Having closed out the 2023 summer transfer window with an incredible seven signings, Forest are back to juggling negotiations. They’ve completed the signing of highly rated Portuguese striker Rodrigo Ribeiro from Sporting CP and Gio Reyna on loan from Borussia Dortmund. Forest are also reportedly flying in Strasbourg goalkeeper Matz Sels after abandoning talks with Crystal Palace over shot-stopper Sam Johnstone. They’re allowing some departures, too, with Serge Aurier expected to leave for Galatasaray and Orel Mangala heading for Lyon.