Main news from English football on 27th June

On the day when Manchester City announced they had completed the signing of Croatia midfielder Mateo Kovacic from Chelsea following the loss of captain Ilkay Gundogan, Manchester United projected record annual revenue of up to 640 million pounds in its financial year to the end of June even as a distracting takeover saga rumbles on. Meanwhile, Arsenal are preparing an improved third bid to convince West Ham to sign Declan Rice in the summer. Elsewhere, Bayern have submitted an offer of 60 million pounds plus add-ons for Harry Kane.