Sports Illustrated rounds up the latest transfer rumors and gossip from around the world. Arsenal and Manchester United target Viktor Gyökeres has supposedly refused to ever play for Sporting CP again following the club’s public rebuttal of a previously agreed arrangement to sell him for £59 million ($80 million),

Latest Arsenal transfer news with multiple fresh updates provided on the future of Sporting CP's Viktor Gyokeres

Arsenal are yet to complete their first signing of the summer transfer window but the Gunners have made significant progress in their pursuit of Real Sociedad star Martin Zubimendi

Arsenal would also like to add a wide player. As mentioned in The Athletic’s Transfer DealSheet on May 16, the La Liga pair of Nico Williams and Rodrygo is of particular interest. Arsenal’s coaching staff are huge fans of both, but a deal for either player would present some financial challenges. There is also interest in Anthony Gordon.

The Gunners also agreed a mutual early termination of Jorginho’s contract to allow the midfielder to become a free agent and join Flamengo ahead of the Club World Cup, while loanees Raheem Sterling and Neto are returning to parent clubs Chelsea and Bournemouth respectively.

Kieran Tierney's return to Celtic has been completed, with the defender signing a five-year contract after leaving Arsenal. The Scottish champions confirmed in February that Tierney would return to the club on the expiry of his Arsenal contract, six years after departing Glasgow for north London.