Chelsea reportedly agreed a deal to sign Jadon Sancho from Manchester United as Raheem Sterling left Stamford Bridge to join Arsenal also on loan at the 11th hour after a frenzied transfer deadline day in the Premier League.

The winger Sancho was expected to join the Blues on loan with an obligation to make a permanent move next season for £25 million ($33 million).

United have cut their losses on the 24-year-old, who has failed to live up to his price tag ever since a £73 million move from Borussia Dortmund in 2021.

Sancho has not played a league game for United since posting on social media he had been made a "scapegoat" for poor performances just under a year ago.

But he shone during a loan spell back at Dortmund during the second half of last season, helping the German giants reach the Champions League final.

Sancho's arrival adds to Chelsea's bloated squad, but one of those outcast by new boss Enzo Maresca has found a new home as Sterling moved across London to Arsenal.

The England international previously worked with Gunners' boss Mikel Arteta during their time at Manchester City.

Sterling, who cost Chelsea £50 million from City just two years ago, was one of a number of players urged to find a new club.

The 29-year-old gives Arsenal an extra attacking dimension in their bid to become champions for the first time since 2004.

"Looking at everything, I'm just like, 'This is a perfect fit for me', and I'm super-happy that we got it over the line," the BBC quoted Sterling as saying after completing a season-long loan move.

Chelsea's attempts to agree a deal for Napoli striker Victor Osimhen fell through.

Saudi club Al-Ahli had also been interested in the Nigerian but instead signed England international striker Ivan Toney.

Brentford have reportedly received a £40 million fee for Toney.

"We thank him for so many magic moments and wish him all the best for his next chapter. Ivan leaves as a Brentford legend," said Bees manager Thomas Frank.