#Dani Alves has rejected Manchester City to sign for Paris Saint-Germain ahead of the new season. Elsewhere, West Bromwich Albion is keen on signing Nacer Chadli this summer, while AS Monaco have played down speculation as Manchester United target Fabinho is on the verge of joining Atletico Madrid. Here's the complete report of the latest transfer updates making the rounds:

Alves signs PSG deal

Dani Alves canceled his contract with Juventus earlier this summer in anticipation of a move to #manchester city, with manager Pep Guardiola ready to “reunite” with the Brazil fullback who he coached when in charge of Barcelona. The 34-year-old defender was said to have given his words to Guardiola that he would sign for Manchester City, but Paris Saint-Germain had now set their sights on the Brazil international.

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And now it apparently appears Dani Alves has decided a move to PSG is the best decision and has now signed a two-year deal with the French capital club, according to ESPN FC. Nevertheless, City manager Pep Guardiola is still chasing Tottenham Hotspur midfielder, Kyle Walker, as he looks to add a new right back defender to his ranks this summer window.

Chadli set to leave West Brom

Nacer Chadli was left out of the Baggies' preseason tour to Austria, throwing doubts over his future at the Hawthorns. Claims have apparently emerged of a “heated” bust-up with manager Tony Pulis and West Brom are set to “offload” Nacer Chadli this summer, according to Tribal Football.

With the Baggies holding an interest in Andre Ayew, it is now being speculated they could offer Chadli to #West Ham United in return.

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Following a “mega money” move from Swansea City last year summer, Andre Ayew found life tough at West Ham United and claims have suggested that a rapid exit from West Ham could be on the cards for the Ghana international.

Fabinho to join Atletico Madrid next transfer window

Reports had emerged that Atletico Madrid has agreed to a deal with French club AS Monaco for Fabinho, with the Brazilian midfielder ready to move to Madrid in January 2017. While both Monaco and Atletico Madrid remain in negotiations, it has been speculated that the French champions are yet to settle for an agreement with Atletico Madrid for the sale of Fabinho.

According to DailyStar, discussions are going on and AS Monaco have “indeed” received a formal offer worth $51m from Atletico Madrid, but there's still a bit way to go before a deal can be struck. AS Monaco are confident of keeping hold of the Brazil international at the club for the start of the new season, and they're ready to “stall” negotiations to ensure they hold on the midfielder.

Manchester United are also said to have an interest in Fabinho, however, while a move to United seems “unlikely,” Red Devils manager José Mourinho has apparently diverted his attention to another potential transfer target this summer.