Beijing time (CEST) August 31 — 48 hours remain until the summer 2026 transfer window closes. Transfer journalist Fabrizio Romano has updated his podcast with the latest developments in the transfer market. Below are the main highlights from this podcast episode.

Multiple players leaving Tottenham: Souza, Moore, Danso, and Sarr
"Several surprising developments have emerged in the transfer market tonight. Portuguese top club Porto has reached an agreement with Tottenham to sign Brazilian left-back Souza. This is a pure loan deal, with Porto covering his entire salary. All terms have been finalized, and Souza will fly to Portugal today to join Porto."
"Another surprise tonight is Tottenham's talented young winger Moore, who will join Bundesliga club FC Köln. This deal is also completely finalized, and Moore will join FC Köln on a pure loan with no purchase option from Tottenham. Tottenham is currently streamlining their squad."
"Regarding departures from Tottenham, I also expect changes in the center-back position, as Danso could leave. Sunderland is very interested in this player and keen to sign him. Personal terms are not an issue at all, and Danso himself is eager to play regularly and doesn't want to remain a long-term substitute. If Tottenham can find a replacement, they are currently open to this deal. Therefore, negotiations for Danso to join Sunderland are real and ongoing. Danso could depart, and the list of players leaving Tottenham will grow."
"Regarding more potential departures from Tottenham, within the next few hours, I expect the Pape Sarr to Juventus deal to reach 'here we go' status. This agreement is in its final stages and will be a loan deal with Juventus covering wages and holding a purchase option. Under specific conditions, the purchase option could become a mandatory purchase obligation. If the purchase option is triggered, the transfer fee would be around €30 million. So while Tottenham waits to complete player acquisitions, several players are leaving one after another — if Danso departs, they will bring in a new defender, and they're also planning to bring in another winger for the manager."
Chelsea's moves: Adarabioyo, Mudryk
"Regarding defenders and players who could depart, closely monitor Chelsea's Adarabioyo. From what I understand, Adarabioyo could leave Chelsea before the transfer window closes, and transfer activity surrounding him remains very active. I've told people throughout the summer that he could leave, so keep watching."
"Additionally, there's Mudryk, and I think there will also be transfer activity around Mudryk. Leeds United is pushing hard for this deal, and there are other clubs competing. Let's see what happens with Mudryk; I think ultimately he'll remain in the Premier League, either with Leeds United or another club. There's a lot of movement here, and Mudryk could be one of the surprises in the coming hours or days."
Newcastle's departures: On Woltman
"Speaking of surprises, also closely monitor Nick Woltman, as he could leave Newcastle before the summer transfer window ends, and there's plenty of speculation around him. In the last 12 hours, Juventus has inquired about Woltman from Newcastle, and also asked about Zirkzee. Napoli previously showed interest in Woltman and contacted Newcastle and his representatives, but Napoli's problem is they need to sell players to free up wage space and a squad spot before they can sign Woltman, which hasn't happened yet."
"So Juventus is currently trying. Juventus has two attacking targets on their recruitment list, but ultimately will only sign one: either Woltman, or Manchester United's Zirkzee. I mentioned in tonight's video that Zirkzee rejected an offer to join Fiorentina, but he's open to joining Juventus, though this depends on negotiations between the two clubs. So Juventus will sign either Zirkzee or Woltman, one or the other. Let's see what happens next."
"This also depends on whether Canadian striker Jonathan David leaves Juventus, as Atlético Madrid is very interested in him. Atlético Madrid has sent an official offer to Juventus for a loan deal with a purchase option. Let's see how the negotiations continue; from what I understand, Atlético Madrid doesn't want to cover David's entire salary, so the two clubs need to negotiate on this point. But this is definitely something to monitor: Jonathan David to Atlético Madrid, and Juventus choosing between Zirkzee and Woltman, currently at 50-50 odds. Also, remember, as I said at the start of the video, Juventus is also signing Pape Sarr from Tottenham."
Benzema's departure and rumors of European return
"Regarding Benzema, I want to clarify some things. Don't expect any surprising European comeback for Benzema. I know there was news today that 'Benzema will leave as a free agent,' which caused quite a stir. Yes, Karim Benzema will indeed terminate his contract; this has been finalized and completed. But the termination is because Benzema wants to consider two paths: one is direct retirement, and the other is to stay in Saudi Arabia and continue playing."
"From my sources, Benzema will not return to Europe; he will not join any European club. He will either stay in Saudi Arabia or choose to retire, which is entirely Benzema's decision. We respect his choice and will wait to see."
Mac Allister and Manchester City
"There are also two other deals with many questions: one is Alexis Mac Allister, and the other is Balde. Since people always ask about these two players, I'll clarify the information here."
"Regarding Alexis Mac Allister, his father Carlos gave a clear answer about this possibility in an interview today and conveyed a very clear message. He stated that his son will not leave Liverpool, Mac Allister has absolutely no intention of leaving Liverpool, and he wants to stay at the club. Although there are currently no contract extension negotiations, the player's wish is to continue at Liverpool. Why did this news emerge? Because intermediaries suggested to Manchester City that if they face obstacles in signing Enzo Fernández, they could consider Mac Allister. But currently, Manchester City has made no significant progress, and the player's father has also clarified this situation in an interview."
Balde's departure is very difficult
"Regarding Balde, many questions have been raised. Manchester United believes this deal is too expensive. Manchester United inquired about all the transfer conditions surrounding Balde through Mendes on Sunday. Manchester United was initially interested in a loan deal with a purchase option (with the purchase option becoming mandatory under certain conditions), but Mendes clearly informed Manchester United that as of today, Barcelona will only accept a permanent transfer, otherwise no deal. At the same time, the player himself also wants to stay at Barcelona. This is the current situation. I will update you promptly if anything changes afterward, but I still expect Manchester United will sign a left-back; however, for Balde, completing this deal is very difficult from a financial perspective."
Barcelona told Alvarez's representatives they will sign him next summer; Arsenal still monitoring
"Many people also asked about Alvarez today. From what I understand, as of Sunday evening, Arsenal is still monitoring what happens with Alvarez, trying to understand if there's still room for negotiations with the player. But as of Sunday evening, Alvarez hasn't given Arsenal the green light, so there's been no significant progress yet, but Arsenal is still monitoring the situation closely."
"This entirely depends on the player's personal preference. By the way, Jesus has arrived at Barcelona to prepare to sign with Barcelona. Meanwhile, Barcelona told Alvarez's representatives: 'If you can complete a transfer in January or the summer 2026 transfer window, we're prepared to try to sign you again in summer 2027.' Let's wait and see; Arsenal is still waiting and still hopeful, but this entirely depends on the player himself."
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