Premier League club Manchester United hope to announce Alvaro Morata as their new $77.5m signing on Thursday. Elsewhere, Torino head coach Sinisa Mihajlovic has told Andrea Belotti to snub interests from Manchester United and Chelsea and stay where he is. England U-21s striker Tammy Abraham has signed a five-year deal with Chelsea prior to his anticipated season long loan to Swansea City. Here's a complete report of the latest transfer updates this summer:

Morata set to officially sign for United

Spain striker Alvaro Morata has emerged United's Number 1 target after Zlatan Ibrahimovic was released and the move for Atletico Madrid forward Antoine Griezmann apparently fell through.

The “stumbling block” could come from Real Madrid's demands for a huge sum closer to $103.4million, well above the Red Devil's valuation, according to Metro. The Spain international cut short his honeymoon to fly back to Madrid in a bid to make the move progress. Early this week Morata's father Alfonso and representative Juanma Lopez were reportedly pictured arriving at the Bernabeu for talks about Alvaro Morata's possible switch to Manchester United.

If the deal is finalized on Thursday, Alvaro Morata will be expected to fly down to the United States to join up with his new teammates at the club's summer preseason training camp in Los Angeles, California.

Belotti not for sale

Andrea Belotti was one of the best players in Italy last term, and he ended up the season with twenty-six Serie A goals to his name.

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Several top European clubs are now “exploring” the possibility of snapping the Italy striker this summer window, and he has a $112.4million release clause, which can be “activated” by foreign club sides. However, the Italian club is still planning to have Belotti around next term and now the club's head coach Sinisa Mihajlovic has also told the 23-year-old to stay. Gazzetta dello Sport asked Mihaljovic whether Belotti will stay and he responded saying “I hope so and, so does Urbano Cairo (the club president) who is not even thinking of selling Belotti for now.”

Abraham signs five-year contract with the Blues

Tammy Abraham, who scored twenty-six goals on loan at Championship club Bristol City last term, announced his new contract on his Twitter handle, according to Goal, although moments after the posted message was deleted. The 19-year-old striker has been linked with loan moves to Celtic, Newcastle United and Brighton, but Swansea City appear to have won the race for Abraham's signature. Swansea manager Paul Clement used to be Chelsea assistant manager. It is a normal practice for Chelsea's talented youngsters to pen contract extensions before going on season long loans.