Phil McNulty
BBC Sport chief football writer

Question for Phil: Are we expecting a flurry of completed signings tomorrow, to coincide with the start of the next PSR accounting period?

I think we will certainly see an acceleration because this is something every club needs to be aware of, but the start of July almost offers a natural starting point for increased activity because clubs will soon be returning for pre-season training and they will want preparations in place for the start of the new campaign.

Craig Nelson
BBC Sport reporter

So Arsenal, Liverpool and West Ham moved into a new accounting period at the end of May, and for the purposes of their finances, Burnley's new year will not begin until the end of July.

But for the rest of the coming season's Premier League clubs, the new financial year starts tomorrow [Tuesday, 1 July].

So it will be interesting to see what deals, if any, are pushed through today...

Football clubs have financial year ends that have to be between 31 May to 31 July, with the vast majority choosing 30 June, reflecting when player contracts expire.

For the following Premier League clubs, the financial year ends today, on 30 June:

Aston Villa, Bournemouth, Brentford, Brighton, Chelsea, Crystal Palace, Everton, Fulham, Leeds United, Manchester City, Manchester United, Newcastle United, Nottingham Forest, Sunderland, Tottenham, Wolves.

31 July: Burnley's financial year end.

31 May: Arsenal, Liverpool and West Ham's financial year end.

To avoid charges and possible points deductions clubs must be compliant with Profit and Sustainability Rules (PSR).

30 June [today] marks the end of the financial year for most Premier League teams - more on that shortly - and clubs need to ensure they are compliant with PSR as they submit their accounts.

Clubs cannot lose more than £105m over a three-year period – and even less if they have spent some of that period in the Championship.

Certain expenses, such as infrastructure, academy, community and women’s team, are excluded from the PSR calculations.

Time for a reminder of today's main transfer-related headlines...

• Liverpool are among several clubs interested in Crystal Palace defender Marc Guehi
• Chelsea have agreed a deal worth £60m to sign Joao Pedro from Brighton
• Borussia Dortmund winger Jamie Gittens is set to have a medical before joining Chelsea
• Dominic Calvert-Lewin to leave Everton as free agent

We're also running a Q&A with BBC Sport's chief football writer Phil McNulty, who will attempt to answer your transfer-related questions.

You can ask Phil a question on X using #bbcfootball, on WhatsApp (03301231826) or by texting 81111 (UK only, standard rates apply).

We'll also be moving on to some chat around Profit and Sustainability Rules (PSR) and its impact on the transfer window.

Phil McNulty
BBC Sport chief football writer

Image source, Getty Images

Gav: Afternoon Phil, do you think there will be some really ‘out of the blue’ and lightning transfers in this window that no one ever saw coming, e.g. Jack Grealish to Leeds, Burnley or Sunderland - if not sold outright but possibly on loan?

Hello, Gav. There are always a few surprise deals, and they often come close to the deadline when clubs are looking around to either sign or off-load.

Jack Grealish is a really interesting case, because it is clear he has to leave Manchester City to get game time, especially if he wants to jog England head coach Thomas Tuchel’s memory ahead of next summer’s World Cup.

Not sure if the promoted clubs could afford to do that particular deal, as it would be a rich one, but Grealish’s future is going to be a real talking point this summer. And there will, no doubt, be a couple of deals none of us saw coming.

Phil McNulty
BBC Sport chief football writer

Image source, Getty Images

Graham: If Phil McNulty was at Glastonbury which band would he be in?

Is this for me or other people? Not much grabbed me this year, but if I had my choice it would be any band which had Paul Rodgers [of Free and Bad Company fame] as the vocalist. Look him up. The greatest.

So long as I was in the “Legends” slot I wouldn’t care.

Craig Nelson
BBC Sport reporter

Before Phil McNulty dives back into his football questions, here's one from BBC Sport's chief football writer on his dream Glastonbury experience, and why he would be "All Right Now" with an invite to perform on Sunday's Legends slot...

(If you are just joining the page, we've not lost the plot, the festival is just one of the many topics we discussed this morning)

Image source, Getty Images

OK, let's go from news of an international defender facing a potentially career-defining decision this summer, to one who has today called time on his playing career...

Jonny Evans has been appointed head of loans and pathways at Manchester United following his retirement as a player.

The 37-year-old's new role will see him look after the loan deals put in place for the club's younger players.

Evans progressed through United's academy as a centre-back and went on to make 241 appearances, winning the Champions League, three Premier League titles, the FA Cup and two League Cups.

"I want to officially announce my retirement from my playing career, not with sadness, but with pride, gratitude and excitement for the next chapter ahead," said Evans.

"I’ll be forever indebted to the managers, coaches, staff and, of course, my team-mates, that I have had the privilege of working alongside throughout my 20 years in professional football.

"I am looking forward to working with the next generation of talented players to support them to reach their potential. Having had experience of loans myself, I know the crucial role that they can play within a player’s development.

"I am excited to help further develop the pathway to our first team and continue the legacy of young players thriving at Manchester United."

Sami Mokbel
BBC Sport Senior football correspondent

Image source, Getty Images

There are certainly other sides monitoring Guehi. Arsenal, for instance, have a concrete interest in the centre-back.

But the Van Dijk-Konate conundrum would, arguably, be even more complex at Emirates Stadium with William Saliba and Gabriel in possession of the shirts in central defence.

Arsenal have made initial enquiries into a potential move for Guehi but have now turned their attentions to Valencia centre-back Cristhian Mosquera.

Tottenham tried and failed to sign Guehi during the final hours of the January window and retain an interest.

Chelsea, who have a 20% sell-on clause for Guehi's new transfer, also explored the possibility of luring their former academy player back to Stamford Bridge in the winter.

Then there's Newcastle, who remain keen on trying to complete a deal that they so agonisingly failed to get over the line last summer.

Read more here.

Sami Mokbel
BBC Sport Senior football correspondent

Image source, Getty Images

Even if Palace and Liverpool can agree a fee for Guehi, there remains the question as to whether he plays regularly under Arne Slot.

Virgil van Dijk and Ibrahima Konate formed a formidable central defensive duo last season as Slot's side lifted the Premier League title.

But with Konate's future unclear given he is also entering the final 12 months of his contract, the interest in Guehi adds a further layer of intrigue.

Would Guehi be interested in a move to Anfield? That's a no-brainer. Liverpool are one of the most exciting projects in European football. Their summer recruitment, including the £116m acquisition of Florian Wirtz, accentuates their allure.

But the reality isn't a simple 'yes' or 'no' answer. For Guehi, the environment he steps into has to be agreeable.

You'd imagine Guehi would like some level of indication of his role in Slot's plans before he gives serious consideration to a move north.

He is a regular for Palace and is their captain. With European football - pending Uefa's multi-club ownership investigation - to look forward to with Palace and the prospect of joining Liverpool or another leading European club on a free transfer next season, seeing out his contract has its attractions.

But so does joining Liverpool - provided he plays.

Image source, Getty Images

Marc Guehi came through the youth ranks at Chelsea and made two League Cup appearances for the Blues. He spent one and a half seasons in the Championship on loan at Swansea after joining in January 2020. They reached the play-offs both seasons.

In July 2021 he joined Crystal Palace on a five-year deal and has gone on to make 155 appearances for the South London club. Last summer he was named captain and etched his name into the club's history books after they won the FA Cup.

The 24-year-old has played for England from the under-16s through to the senior team and earned his first cap in 2022 - a 2-1 win over Switzerland in a friendly.

Guehi has represented the senior team 23 times and was part of the team that reached the final of Euro 2024.

Sami Mokbel
BBC Sport Senior football correspondent

Palace's valuation of a player who can leave for nothing next summer will be pivotal.

If Liverpool don't view Guehi's price as reasonable, don't be surprised to see them park their interest for 12 months and look to strike a free-transfer agreement.

But what represents a reasonable price? For a clue, we should look back to last year when Palace rejected multiple offers from Newcastle - the last of which was worth £65m.

Common sense dictates the fee this summer will be lower give the looming contract expiry. But how much lower?

There is no official word on what Palace would be prepared to accept for their skipper.

They've got to balance it all against the prospect of having Guehi in the heart of their defence next season, and helping them remain competitive in the Premier League.

There have been indications, though, that the south London club may be willing accept a deal worth between £40m and £45m.

The issue, however, would be whether Liverpool see it that way.

Sami Mokbel
BBC Sport Senior football correspondent

Marc Guehi officially enters the final 12 months of his Crystal Palace contract on Tuesday and interest is building.

It's not often a player of his standing, an England international, enters such a zone of ambiguity.

As you'd imagine, there are a number of teams keen on taking advantage of the situation.

But there is one club who appear to be emerging as strong contenders for the centre-back.

BBC Sport reported this month that Liverpool were among the teams interested in signing the 24-year-old.

However, there are various factors that will prove crucial in whether Liverpool take steps to formalise their interest.

We'll have what could make or break a deal next...

Image source, Getty Images

Speaking of Crystal Palace and the uncertainty around their Europa League spot, it seems a good time to turn our attention to their captain Marc Guehi. What might the future have in store for him?

Also, Phil is still standing by to answer your questions on the transfer window. You know what to do:

• WhatsApp on 03301231826
• Or text 81111 (UK only, standard rates apply)

Phil McNulty
BBC Sport chief football writer

Image source, Getty Images

Sean: Hi Phil. What effect do you think the (delayed again) decision on Crystal Palace's participation in the Europa League is having? Aside from a single goalkeeper, it seems like they are offloading their key players to bigger clubs but not bringing anyone else in. Is the indecision causing uncertainty for potential signings who might have been approached?

It’s not ideal at all, Sean, is it? They would want to be able to offer potential recruits the guarantee of European football next season as part of the Palace attraction, and as yet they cannot do that. Very unsatisfactory all round and needs clarity as soon as possible.

Adam - even hotter in London: Reply to JD - Top 8 last season and top 6 the year before that isn't bad considering how many players we've shipped! We all believe in Tony Bloom!

Ian, Midlands: To JD at 12:18: part of the reason these players agree to come to Brighton in the first place is the understanding that they’ll be allowed to move on with no qualms if a huge club comes in with a big offer. It’s worked very well for Brighton because the owners, players and fans all understand that, and they’re still competitive every year without putting the club in financial jeopardy.

Phil McNulty
BBC Sport chief football writer

Image source, Getty Images

From Kevin from Mansfield (although currently in Egypt): Hi Phil, It seems that Nottingham Forest are very quiet on the transfer hunt, despite the consensus being that the club running out of steam was due to lack of squad depth. Do you think the uncertainty about this Palace European situation is playing any part in the slow start to the window?

Hi, Kevin. I think it is just a bit of a quiet time of the year, but they have been trying to make moves for the Juventus pair Timothy Weah and Samuel Mbangula – although they seem to want to explore other alternatives - and are negotiating a deal for Botofogo’s striker Igor Jesus, so they are working away.

I do not think you can ever doubt Forest’s ambition under Evangelos Marinakis, so I am sure we will see plenty of activity?