Transfer news LIVE: Romelu Lukaku is open to taking a £3m pay cut to return to Inter Milan from Chelsea... while mega-rich Newcastle are close to wrapping up a £36m swoop for Reims striker Hugo Ekitike

Here is Sportsmail's daily live blog for all the latest transfer news and rumours with a number of high-profile players set to be on the move this summer.

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09:23

Chelsea 'leading the race to sign Jules Kounde from Sevilla'

Sport have claimed they are in pole position for the centre back, with the club said to have started talks immediately after their recent takeover was completed.