DONE DEALpublished at 22:14 British Summer Time 1 September 2014
QPR sign Tottenham midfielder Sandro. It's a done deal.
For a full list of confirmed transfers throughout the day, visit our dedicated page on the BBC Sport website.
Man Utd complete loan signing of Falcao
Arsenal sign Welbeck for £16m
Man City's Negredo joins Valencia on loan
Southampton sign £10m Senegal striker Mane
Hull sign Ben Arfa on loan
Tom Rostance, Gary Rose and Marc Higginson
QPR sign Tottenham midfielder Sandro. It's a done deal.
For a full list of confirmed transfers throughout the day, visit our dedicated page on the BBC Sport website.
Italian Serie A
BBC World Service's Steve Crossman: "The deadline has passed in Italy, one deal was done just before the 2200 cut off.
"20-year-old striker Luka Djordjevic has signed for Sampdoria from Zenit Saint Petersburg. He was on loan at FC Twente last season and he's a full Montenegro international.
"He is now guaranteed forever more to be prefixed by "genius last minute signing" or "panic buy" depending on how well the next few months go."
Ben Salmon:, external Happy for Welbeck. Shame it's not Spurs but he deserves to be a Prem starter. Paves the way for James Wilson on the bench.
Murtaza Ali Khan:, external Clubs must learn from Atletico Madrid. Good business and filled voids with Griezmann, Mandzukic, Rodriguez and now Cerci.
Mike Ash:, external My girlfriend doesn't understand the importance and significance of Transfer Deadline Day!
Man City
The end of an era at Manchester City as Micah Richards leaves the club to sign for Fiorentina on loan until the end of the season.
Cardiff City complete the signing of Danny Gabbidon on a one-year contract, nine years after the defender left the club.
Man Utd
Will Danny Welbeck seal his move to Arsenal in the next hour? Has Radamel Falcao agreed a move to United? Does anyone else have the urge to watch Back to the Future...?
Alex James: Welbeck was far from my first choice wish for Arsenal but he's better than Sanogo, so I'll give him a chance for us.
Ed in Southampton: Any news on Bolton? All I've seen is rumours Beckford's wanted, and an interview with Kevin Davies. Not what I wanted from deadline day!
Andy in Huddersfield: C'mon Huddersfield Town, make my day - sign someone!
Stoke City
Sounds like Oussama Assaidi is about to seal his move from Liverpool to Stoke...
BBC Radio 5 live
QPR manager Harry Redknapp tells BBC Radio 5 live: "We have got Sandro from Tottenham. We tried to get one or two others and made a big effort to get Jermain Defoe. He wanted to come home but there was no way Toronto would release him before their play-offs. We also wanted Fabio Borini but his wage demands were way out of our league.
"Niko Kranjcar has dropped a third of his wages to come back here and play. I like the look of us now and I think we've got a real chances of staying in this division."
Douglas One:, external Very disappointed to see the beast (Negredo) moving on after just one year. I very much hope someone pulls out last minute.
Joe Jackson:, external Hull are doing alright aren't they! Couple of cracking Uruguayans and potentially a seriously under-rated Frenchman!
Katie Edwards:, external Connor Wickham, Carlton Cole, Harry Kane or even Defoe - One of these is the Striker Candidate for Palace.
Here we go then. The last hour. The final push.
Can the Colombian sign a contract? Will Welbeck make his way to the Emirates? How many players can Harry Redknapp land?
Has Micah Richards joined Fiorentina? Hold on to your phones...
THE HEADLINES
Manchester United agree a loan deal for Radamel Falcao
Arsenal agree £16m move for Danny Welbeck
Javier Hernandez joins Real Madrid on loan
United seal Daley Blind deal
Crystal Palace sign £7m James McArthur
Holtby leaves Spurs for Hamburg on loan
Micah Richards is close to a move to Fiorentina
Burnley sign Chalobah
BBC Sport's Simon Stone: "Manchester United will lose a link with home if Danny Welbeck completes his £16m move to Arsenal.
"For Longsight-born Welbeck is the only Mancunian remaining amongst the senior players in the United first-team squad.
"Welbeck caught the attention of club scouts when he was just six years old and joined their academy when he was eight.
"Since then, Nicky Butt has joined Newcastle - by true definition the remainder of the Class of 92 are not Mancunians - and Wes Brown has moved to Sunderland."
Current Preston forward Kevin Davies: "If you have a wife or children in school then you have to carefully consider a move. I have an understanding and intelligent wife. She asked me to do what I wanted to do towards the latter half of my career.
"When you're playing and happy then you don't see a reason to leave. You want your phone to be ringing on deadline day when you're not involved with the team. You want to be playing football and want to play as many games as you can.
"A new guy can come in and you can be out of favour - you have to be ready to drop everything."
Phil McNulty
BBC Sport chief football writer
"It now looks like the odds are against Tom Cleverley joining Everton. At the moment there is no deal between Manchester United and Everton."
Crystal Palace
New Crystal Palace signing James McArthur:, external Thanks to Wigan Athletic for an amazing four years. They will always have a place in my heart but time for a new chapter with Crystal Palace.
Christian Codswurthy:, external £800m is an unbelievable figure, can we break 1 billion? Vidal, Hummels and Strootman anyone?
Kevin Layfield:, external Can't believe MUFC are letting Danny Welbeck go to a Premier League rival. No bids for Peter Cech? Very surprising that.
Karlito Franz:, external Welbeck is slippery, smart and fast. He'll score loads of goals. Last laugh?
Peterborough have done well in recent years signing the likes of Craig Mackail-Smith, Aaron Mclean, Britt Assombalonga and Dwight Gayle before moving them on and the next on the London Road conveyor belt is Luke James - who joins from Hartlepool on a four-year deal.
Shane:, external Why have Chelsea not signed a good central defender? It was our back 4 last season that cost us the league.
John Lowe:, external Crystal Palace striker on loan - Grant Holt? Surplus and has played in the Premier League.
David Hird:, external My mate works at a Travelodge in Carlisle and just booked Grant Holt into a double room for the night.
I know he's a big lad but Grant Holt can't physically be in South London and Carlisle at the same time...
Man Utd
I had heard a speculated time of 21:30 BST for the Falcao deal to be wrapped up. That's been and gone. Still just over an hour to go. Any United fans getting nervous yet...?
Nobert Nyandire:, external As a Man Utd fan am gutted at Welbeck joining Arsenal. We should never strengthen them, They refused to sell Vermaelen.
Bav:, external Apart from selling fringe players, is there any chance of Spurs buying a forward? Poch?
Benji Thompson:, external Alan Pardew ruining any belief that Newcastle fans will see a team light up St James Park by selling Ben Arfa...devastating.