Alvarez Plots Stunning Premier League Comeback as Chelsea Hunt €125 Million Fernandez Replacement

Sports Illustrated compiles the most recent transfer speculation and reports from across the globe.

Premier League

Premier League

Ex-Manchester City striker and current Atlético Madrid player Julián Alvarez is reportedly looking to make a comeback to the Premier League following being put up for transfer this upcoming summer. Chelsea are rumored to have submitted a bid around $100 million (£74.7 million, €86.1 million). (Source: Hooligan Soccer)

Alvarez has been mentioned as a potential signing for Barcelona and Liverpool too, however Bayern Munich are believed to be considering a €130 million (£112.8 million, $150.9 million) bid for this perfect Harry Kane successor. (Source: Fichajes)

Looking to negotiate a reduced fee for Marcus Rashford, Barcelona have suggested paying an upfront amount of €18 million (£15.6 million, $20.9 million) with performance-based bonuses totaling an additional €4 million. This offer significantly undercuts the existing release clause of €30 million and has been quickly turned down by Manchester United. (Source: Krrish)

Arsenal are linked with interest in an unexpected pursuit of Inter's skilled wing-back Federico Dimarco. The lifelong Nerazzurri supporter is anticipated to decline any approach in preference of a new deal at San Siro, which should include a substantial salary increase. (Source: Tuttosport)

Ibrahima Konaté has turned down yet another contract proposal from Liverpool. The central defender with only six months left on his existing agreement is not believed to be demanding the same £300,000 ($403,000) weekly wage as Virgil van Dijk, but remains unsatisfied with the current terms being offered. (Source: TEAMtalk)

Not only has Kobbie Mainoo been suggested to remain at Manchester United for the rest of the campaign, but the Red Devils are anticipated to restart talks regarding his contract which runs until summer 2027. (Source: Fabrizio Romano)

Manchester City have informed Real Madrid that Erling Haaland will not be permitted to depart for anything less than €200 million (£173.5 million, $232.2 million). If Madrid proceeds with this astronomical bid, the forward's wages would extend their total investment in this single player to approximately half a billion euros. (Source: Fichajes)

Following Jérémy Jacquet's upcoming arrival at Chelsea, Trevoh Chalobah and Tosin Adarabioyo have both been presented with a decision next summer. Both will have only one year remaining on their deals and are expected to face a choice between departing or agreeing to new contracts. (Source: BBC Sport)

Following his exclusion from Tottenham Hotspur's Champions League roster for the second time this season, Mathys Tel has been connected once more with a transfer to Paris FC. (Source: Fabrizio Romano)

Although Spurs have reduced their pursuit of Middlesbrough midfielder Hayden Hackney, Manchester United continue to show strong interest in the 23-year-old valued at £30 million ($40.2 million), particularly with his former Boro manager Michael Carrick now in charge at Old Trafford. (Source: CaughtOffside)

United are also reported to have held discussions with the agents of Barcelona midfielder Marc Casadó. (Source: Indykaila)

Pep Guardiola has allegedly lost confidence in Rico Lewis. Man City would therefore be prepared to consider bids around €35 million (£30.4 million, $40.6 million) for their academy-developed full-back. (Source: Fichajes)

La Liga

La Liga

If Real Madrid pay the €120 million (£104.1 million, $139.3 million) required to secure Enzo Fernández from Chelsea, the Blues have already prepared an alternative strategy. Paris Saint-Germain star João Neves could become the target of an offer worth up to €125 million. (Source: Fichajes)

Atlético Madrid are highly interested in PSG reserve striker Gonçalo Ramos if either Alexander Sørloth or Antoine Griezmann departs in 2026. (Source: MARCA)

Barcelona have reached an arrangement with their Catalan rivals Girona to loan Marc-André ter Stegen for the remainder of the season. (Source: Fabrizio Romano)

In a bid to quickly strengthen their goalkeeper options, Barcelona have been suggested to acquire Real Sociedad keeper Álex Remiro. (Source: Fichajes)

Atlético might pursue Atalanta midfielder Éderson, who was previously monitored by Manchester United. The Brazilian is priced between €35–40 million (£30.4–34.7 million, $40.6–46.4 million). (Source: El Desmarque)