Manchester United enter race for Arsenal's prime target and other transfer news and rumours of the day - 17th August, 2017

Hello and welcome to Sportskeeda's latest transfer news and rumours roundup. Today's stories feature the latest update on some of the major happenings in world football which may change the complexion of a few clubs. So let's head right in and take a look at the major happenings across Europe that made headlines on August 17, 2017:

Premier League

Manchester United enter Thomas Lemar race

According to the Daily Record, Jose Mourinho's search for a winger has now taken him to AS Monaco for their starlet, Thomas Lemar. The 21-year-old is keen on leaving France this summer but his high valuation has foiled his summer plans.

Arsenal have already made two bids for the left winger but have seen them getting rejected. Wenger is said to be a huge fan of Lemar but with Manchester United entering the race, the Gunners are said to be disappointed. The Red Devils are ready to pay close to £65 million plus add-ons for Lemar which is expected to be accepted by the Gallic outfit.

Tottenham Hotspur will not sell Dele Alli even for £150 million

Spurs chief, Daniel Levy has made it clear that Dele Alli who he considers as one of the best young players in the world is not for sale this summer. The Sun claims that Barcelona and Manchester City are sniffing in for the 21-year-old and are even ready to make a staggering £150 million bid.

Levy has suggested that the Lilywhites do not need money and are intent on keeping all their stars with the club. The North London side have also reaffirmed that Danny Rose will not leave Spurs at any cost this summer.

Serie A

Chelsea desperately want to sign Alex Sandro this transfer window

The Blues want Alex Sandro to hand in a transfer request

Chelsea believe that Juventus will soften their stance on the Brazilian if he hands in a transfer request to force a move away from Turin. Evening Standard understands that the Blues have made another inquiry for the left back but Juventus rejected their advances straightway.

The Bianconeri do not want to lose yet another first team player this season after already seeing Leonardo Bonucci join AC Milan.

Southampton closing in on Wesley Hoedt

Despite Saints chairman, Ralph Krueger stating categorically that Virgil Van Dijk is not for sale, the club is reportedly close to signing Lazio's Wesley Hoedt, a player of a similar playing style to the Dutchman.

The Daily Mirror reports that Southampton have struck a deal with Lazio for £15.4 million. Hoedt is expected to arrive in England in the next few days.

Bundesliga

A deal for Ousmane Dembele is said to be close to completion

The Catalan club's sporting director, Pep Segura has claimed that Barcelona are close to agreeing on a fee with Borussia Dortmund for the sale of Ousmane Dembele. Personal terms have already been agreed with the 20-year-old. Bild claims that Dembele has gone on strike and has not reported for training despite receiving several warnings from the club.

Eintracht Frankfurt in talks with Kevin Prince Boateng

After Kevin Prince Boateng left Las Palmas for personal reasons, Bundesliga club, Eintracht Frankfurt have begun talks with the 30-year-old.

Frankfurt coach, Niko Kovac said in his press conference, "I can confirm we are busy with the name Kevin-Prince Boateng and are working on it. We have lost Fabian and we're looking what is on the market. I know Boateng, you just have to look at where he has played for the last few years. There is no need to talk about his footballing qualities."

La Liga

Napoli do not want to sell Insigne at any cost

Napoli reject Barcelona's bid for Lorenzo Insigne

With deals for Philippe Coutinho and Ousmane Dembele proving to be difficult, Barcelona were eyeing yet another high profile signing. The Catalans reportedly submitted a €60 million bid for Napoli forward, Lorenzo Insigne only to see it getting rejected instantly.

Napoli have no intentions of selling Insigne this summer and have made that clear to the Spanish giants. This summer transfer window coupled with humbling defeats against Real Madrid recently are turning out to be the Catalan's worst ever nightmares.

Gabriel poised to join Valencia

Arsenal misfit, Gabriel is close for a return back to Spain. Signed from Villarreal in 2015, the Brazilian failed to nail down a starting spot with the Gunners as he couldn't manage to adjust to the English conditions.

The Gunners are in the midst of a big summer clear out and Gabriel is close to being the first player to see the exit door at the Emirates, BBC has reported.

Ligue 1

The Polish midfielder is surplus to demands at PSG

Grzegorz Krychowiak to leave PSG

The former Sevilla midfielder, Grzegorz Krychowiak is set to be offloaded this summer with the Parisians ready to trim their expensively assembled squad. The Polish midfielder failed to impress Unai Emery last season as he made just 19 starts in all competitions after the man brought him from his previous club, Sevilla.

Chelsea were said to be interested but could not crack a deal with the French club being engaged in the Neymar transfer. Liverpool are also said to be keeping tabs on the midfielder.

Lyon outbid Tottenham Hotspur for Pape Cheikh Diop

Spurs were reportedly close to agreeing on a deal for the 20-year-old Pape Cheikh Diop but the Daily Mail reports that Lyon are ready to outbid them. Mauricio Pochettino's side made a £9 million bid for the Celta Vigo starlet but Lyon have made a bigger offer than them.

Diop still has four years left on his current deal with Celta Vigo demanding close to £25 million for their valuable asset.