Friday 7am done deals, Chelsea, Arsenal and more transfer updates

AC Milan wants the Chelsea star, but Chelsea does not want to sell the 28-year-old, even with favorable terms.Real Madrid has declared that they will allow Arsenal target Martin Odegaard to leave the club if the Gunners, or any other club, offer €50m (£42.5m) this summer, according to ESPN.Chelsea has slapped a hefty £40million price tag on reported Arsenal target Tammy Abraham, according to a report from Sky Sports.

The report claims that Abraham, who is also wanted by West Ham, will be allowed to leave Chelsea this summer only if Chelsea are paid their asking price.Spanish giants Atletico Madrid are interested in Arsenal right-back Hector Bellerin, according to Marca.

The report claims that reigning La Liga champions are monitoring the situation between the 26-year-old and Inter Milan, who are on the hunt for Achraf Hakimi’s replacement.Chelsea’s Conor Gallagher is set to become the fifth signing for Crystal Palace this season with a season-long loan for the midfielder according to a report from The Athletic.West Ham is in talks with Chelsea over the £20m signing of Kurt Zouma. It is understood the player would prefer to stay in London rather than be part of a swap deal with Sevilla’s Jules Koundé according to a report from Sky Sports.DONE DEAL: West Ham has signed goalkeeper Alphonse Areola on a season-long loan deal from Paris Saint-Germain.

There’s an option to make the deal permanent next season.Manchester City is now in direct negotiations with Aston Villa over the transfer of Jack Grealish. A decision will be made over the next few days on whether the deal can be done according to a report from FabrizioRomano.DONE DEAL: Tottenham striker Troy Parrott has joined MK Dons on a season-long loan.Kieran Trippier is prepared to sit tight over the coming weeks as Manchester United tries to raise funds through player sales before making a move for him. The England full-back is keen on the move according to a report from the Telegraph.