Arsenal Target Rising Stars Camavinga and Zaire-Emery While Barcelona Chase Alvarez in Transfer Shake-Up

Sports Illustrated compiles the most recent transfer speculation and rumors from across the globe.
Premier League

Arsenal have renewed their pursuit of Real Madrid's midfield talent Eduardo Camavinga, according to Defensa Central, with hopes that a bid of approximately €50 million (£42.8 million, $57.5 million) might secure his services. Nevertheless, the 15-time European champions remain unwilling to part with the player.
The North London club are also keeping tabs on Paris Saint-Germain's Warren Zaïre-Emery situation, as reported by TBR Football, despite being close to finalizing a deal for Martín Zubimendi.
Manchester United's keeper André Onana has caught the attention of former French champions Monaco, according to Sky Italy, prompting the Red Devils to explore options including Atalanta's Marco Carnessechi.
Aston Villa's shot-stopper Emiliano Martínez is open to a move to Manchester United, GIVEMESPORT reports, and would favor remaining in England's top flight over a switch to Saudi Arabia.
Arsenal have intensified their pursuit of promising Dutch defender Jorrel Hato, CaughtOffside reveals. Chelsea are also monitoring the gifted 19-year-old, alongside Liverpool, Newcastle United and Real Madrid who are all reportedly interested.
Newcastle are progressing in discussions with Brighton & Hove Albion regarding Brazilian attacker João Pedro, iNews confirms. The Magpies seek to bolster their roster for next season's Champions League campaign and are attracted to the 23-year-old's adaptability.
Chelsea are readying another bid for Borussia Dortmund winger Jamie Gittens, football.london reports. The Blues attempted to secure the 20-year-old before the Club World Cup commenced but couldn't finalize terms—they may need to offer over €50 million (£42.8 million, $57.5 million) to convince BVB to agree.
Manchester United boss Ruben Amorim is growing frustrated with the slow pace of new signings, the Daily Star suggests. The Red Devils are pursuing Bryan Mbeumo and Viktor Gyökeres but have only managed to complete Matheus Cunha's acquisition so far.
Tottenham Hotspur, Bournemouth and Wolves are among Premier League sides monitoring Parma prospect Giovanni Leoni, CaughtOffside indicates. Napoli, Milan and Inter are also interested in a player who might command fees around €25 million (£21.4 million, $28.8 million).
Crystal Palace will resist selling Marc Guéhi at a reduced price, TBR Football suggests, despite the England defender having only one year left on his deal. Guéhi has been heavily linked with Liverpool as they prepare to offload Jarell Quansah to Bayer Leverkusen.
Manchester City's out-of-favor defender Kyle Walker has become a potential target for Wolves, Molineux News reports. The 35-year-old spent the latter half of 2024–25 on loan at Milan, who chose not to make the arrangement permanent.
La Liga

While Newcastle's Alexander Isak has been mentioned in speculation, El Nacional indicates that Barcelona's primary objective remains Atlético Madrid's Julián Alvarez as Robert Lewandowski's eventual successor.
Real Madrid coach Xabi Alonso seeks to bring Bayer Leverkusen full-back Alejandro Grimaldo to the Spanish capital, Cadena SER reports. The Spanish defender has become a target after Real Madrid couldn't reach an agreement with Benfica for Álvaro Carreras.
Barcelona, Atlético Madrid and Real Betis are all interested in acquiring Manchester United wingers, Fichajes states—specifically Marcus Rashford, Alejandro Garnacho and Jadon Sancho.
Real Madrid continue monitoring Crystal Palace's 21-year-old central midfielder Adam Wharton, Fichajes reports, with the club's coaching team and scouts impressed by his composure and reliable displays.
Real Sociedad no longer consider Mikel Oyarzabal untouchable amid Lazio's interest, El Nacional suggests. The Spanish forward netted 18 times last season for his lifelong club.
Aston Villa left-back Lucas Digne is in negotiations with Atletico Madrid regarding an £8 million (€9.3 million) transfer, Football Insider confirms.
Rest of the World
Napoli have identified Liverpool striker Darwin Núñez as their primary transfer objective, CaughtOffside states, though their assessment of the Uruguayan's worth doesn't match the Premier League champions' expectations. The 25-year-old has found the net 40 times in 143 outings for the Reds, but his €50 million (£42.8 million, $57.5 million) valuation is considerably below the €85 million invested in 2023.
Juventus have approached Sporting CP to inquire about Viktor Gyökeres' availability, Tuttosport reports, while also expressing interest in Napoli's Victor Osimhen, who was loaned to Galatasaray last season.
Bayern Munich's sporting director Max Eberl has departed the club's Club World Cup camp to concentrate on squad planning and transfer business. The German giants are seeking a new winger and are interested in Paris Saint-Germain's Bradley Barcola, AC Milan's Rafael Leão and Athletic Club's Nico Williams, according to Sky Germany's Florian Plettenberg.
Paris Saint-Germain are prepared to loan out versatile defender Lucas Beraldo, Fichajes reports, following several costly mistakes in important matches during 2024–25.