Transfers: Philippe Coutinho to force Liverpool exit as Real Madrid end interest in Manchester United star

Keep up to date with all the latest deals and reports from the summer transfer window

Premier League transfer round-up: Liverpool resist Coutinho bid

After a long, long summer, the Premier League is finally back!

Arsenal beat Leicester on Friday night at the Emirates to kick off what promises to be another season of entertainment.

Still, the transfer market remains very much alive and kicking ahead of deadline day later this month.

Barcelona remain fixated on landing Liverpool playmaker Philippe Coutinho, though the Reds are insistent their prized possession is not for sale.

Arsenal look no closer to resolving the Alexis Sanchez saga while Antonio Conte's search to strengthen his 'small' squad continues.

Further abroad, PSG are said to be closing in on Monaco's Kylian Mbappe in a £163m deal - a mere week after forking out nearly £200m for Neymar.

Another day in the summer transfer window... follow the latest deals and reports below!

Follow the live blog below...

Please allow a moment for the blog to load.

[12 August 2017 09:21 · Jack Austin]

Good morning and welcome to The Independent's live transfer coverage for Saturday 12th August!

Keep with us throughout the day to stay up-to-date with all the latest transfer news, gossip, rumours and updates from the Premier League and around the rest of Europe. 

[12 August 2017 09:30 · Jack Austin]

Here are the stories making the back pages this morning:

Liverpool priced Brazil international Coutinho at 150m euros (£136.5m) during negotiations this week. (Daily Record)

Borussia Dortmund and France forward Ousmane Dembele remains Barcelona's top target, with the Spanish side set to return with an improved 140m euro (£127m) bid for the 20-year-old. (AS)

If Barcelona fail to sign Dembele or Coutinho, they could pursue 28-year-old Inter Milan and Croatia winger Ivan Perisic, who is a long-term target for Manchester United. (Sport Italia via Football Italia)

Paris St-Germain midfielder Angel di Maria, 29, has emerged as a surprise target for Barcelona as they seek to replace Neymar following his move to the French club. (Sport)

PSG have offered 18-year-old forward Kylian Mbappe an annual salary of 18m euros (£16.4m) over five years to convince him to leave Monaco. (L'Equipe - in French)

Mbappe is keen on a move to PSG but no deal has been reached and the transfer may not happen this summer. (ESPN)

Real Madrid and Spain midfielder Isco, 25, now has a release clause of 700m euros (£637m) after signing a four-year deal with the option of a further season. (AS)

Real Madrid have ended their interest in Chelsea goalkeeper Thibaut Courtois, 25, and Manchester United counterpart David de Gea, 26. (Don Balon)

[12 August 2017 09:37 · Jack Austin]

Jurgen Klopp has hinted that Liverpool will not let Philippe Coutinho leave the club to join Barcelona because it is too late in the transfer window to replace him. The Reds have so far rejected two approaches from the La Liga giants for the playmaker and were forced to release a statement on Friday morning insisting they would not let Coutinho leave the club.

[12 August 2017 09:45 · Jack Austin]

After a mostly admirable comeback like that, a jubilant Arsene Wenger was in the right kind of mood for an admission about match-winner Olivier Giroud he might not have otherwise made.  “I opened the door for him at some stage because I know it's important for him to play…”

[12 August 2017 10:05 · Jack Austin]

Jose Mourinho has confirmed Manchester United are in talks with Zlatan Ibrahimovic about signing for the second part of the new season. The 35-year-old scored 28 goals in his debut season at Old Trafford before suffering cruciate knee-ligament damage in United’s Europa League quarter-final second-leg win over Anderlecht last April. 

[12 August 2017 10:25 · Jack Austin]

Liverpool are standing firm and “100 per cent” determined to keep Philippe Coutinho at the club this summer, despite the player’s emailed transfer request as he seeks a move to Barcelona, who also see Tottenham Hotspur’s Christian Eriksen as an ideal alternative.

[12 August 2017 10:45 · Jack Austin]

Barcelona’s ongoing pursuit of Philippe Coutinho may be the biggest current saga of the summer transfer window, but Liverpool manager Jurgen Klopp has warned the Catalan giants they risk losing their own star player too.  

[12 August 2017 11:05 · Jack Austin]

Arsenal have been relatively quiet on the transfer front this summer, although the business they have done looks shrewd enough. 

[12 August 2017 11:25 · Jack Austin]

Jurgen Klopp has insisted that Liverpool will only sign their first-choice transfer targets and if they fail to do so, will not go for a “plan B, C or D”. The Reds have already brought in Mohamed Salah, Andrew Robertson and Dominic Solanke but have been left frustrated in their pursuits of their other top targets.

[12 August 2017 11:45 · Jack Austin]

Liverpool have published a statement insisting that Philippe Coutinho will not be sold this summer. The Brazilian playmaker has been repeatedly linked with a move to Barcelona and PSG, but the club's owners have reiterated that they have no desire to sell the player. “We wish to offer clarity as regards our position on a possible transfer of Philippe Coutinho,“ the statement read.