8pm Deadline Day news: Blind deal done, Falcao arrives and Welbeck-Arsenal latest

Radamel Falcao

We bring you all the latest news from the most recent hour of the summer transfer deadline day.

Breaking news

Despite rumours of a medical for Danny Welbeck at Arsenal, the Gunners have 'categorically denied' that that is the case.

DONE DEAL! Ajax have confirmed that midfielder Daley Blind has joined Manchester United in a £14m deal.

Staying with Manchester United, midfielder Tom Cleverley is the subject of interest from Everton - and Roberto Martinez is hoping to push through a deal by 11pm.

Jermain Defoe had been the subject of reported interest from Arsenal and QPR today, but Toronto have confirmed that the former England international will stay in Canada after rejecting a number of bids.

Valencia are determined to land Manchester City striker Alvaro Negredo, with the Spaniard slipping behind Sergio Aguero, Stevan Jovetic and Edin Dzeko in the pecking order at the Etihad Stadium.

With Negredo targeted, Valencia have made way for the former Sevilla man by releasing ex-Spurs striker Helder Postiga.

Upon Neil Warnock's return to Selhurst Park, Crystal Palace striker Glenn Murray is set to leave as he undergoes a medical at Reading.

Aston Villa had targeted a move for Valencia playmaker Sergio Canales, but the former Real Madrid midfielder has turned down a switch to Villa Park.

Chelsea youngster Islam Feruz has joined OFI Crete on loan after seeing a move to Russian side Krylia Sovetov fall through.

Monaco are believed to have made a late bid to sign Wilfried Bony from Swansea, but the Ivorian is set to stay in South Wales.

Ongoing developments

The Danny Welbeck saga continues, as Arsenal look to bring the Manchester United striker to the Emirates Stadium. It's believed that Tottenham and one other club are also interested in the England international, with the Red Devils asking for £3m for a season-long deal or £18m to buy him.

Welbeck's departure will pave the way for Monaco striker Radamel Falcao to arrive at the club. The Colombian international is poised to complete a season-long loan deal worth £346,000-per-week in wages and up to €10m in loan fee. Now, Falcao has arrived at Carrington in order to complete his medical and become a United player.

QPR have been linked with a move to sign Tottenham midfielder Sandro throughout the day, and now manager Harry Redknapp has confirmed that the Brazilian is undergoing a medical.

Done deals

Hull City have confirmed the signing of West Ham United midfielder Mohamed Diame in a deal believed to be worth £3.5m.

Southampton cancelled the loan deal of midfielder Saphir Taider today, and upon returning to Inter Milan, the Algerian international has moved straight on to Sassuolo.

Sunderland have completed the signing of Inter Milan playmaker Ricardo Alvarez, with the Argentine international joining on a season-long loan.

Register for MANCHESTER UNITED team updates

Register for ARSENAL team updates

Register for TOTTENHAM HOTSPUR team updates

Register for HITC Sport - Daily Dispatch