CLUBS are splashing the cash this summer as they look to bolster their squads in the transfer window ahead of the new season!Liverpool have had a formal offer worth over £120million for Newcastle striker Alexander Isak rejected.In other news, Tottenham are reportedly closing in on a loan move for Bayern Munich midfielder Joao Palhinha.Meanwhile, Chelsea are pushing for Alejandro Garnacho with Manchester United wanting at least £40million, according to reports.And the Blues are set to sign Jorrel Hato from Ajax, with the defender expected to undergo a medical in the coming days.SUN VEGAS WELCOME OFFER: GET £50 BONUS WHEN YOU JOINFollow ALL the latest news, moves and completed deals with our live blog below…