Transfer news & rumours LIVE: Man Utd to launch Lozano bid

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Manchester United are readying a €40m (£35.3/$47m) bid for PSV winger Hirving Lozano, according to Tuttomercatoweb.

The Mexico international star is under contract until 2023 and has attracted a great deal of interest following 17 goals in the Eredivisie last term.

Arsenal, Liverpool and Barcelona have also been linked with the attacker, who will turn 23 on July 30.