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Sports Illustrated compiles the latest transfer rumors and gossip from across the globe.
Premier League
Chelsea are willing to allow winger Estêvão to move to Paris Saint-Germain on a temporary basis in January, but only without a permanent purchase option included. The reigning European champions would also need to cover his entire wages and commit to giving him substantial playing time. (Source: Football-Ecology)
Bournemouth forward Rayan is also on PSG's list of candidates to replace the sidelined Khvicha Kvaratskhelia. (Source: El Nacional)
Manchester United are weighing up the possibility of offloading captain Bruno Fernandes at the end of the campaign. (Source: Football Insider)
However, Fernandes's strained relationship at Man Utd following his public criticism of manager Michael Carrick could accelerate his departure to as early as January. AC Milan boss Ruben Amorim is keen on a reunion with the midfielder. (Source: Calciomercato)
Atlético Madrid are also looking into the possibility of signing Fernandes during the January window. (Source: Fichajes)
Liverpool are set to begin the process of making on-loan center back Ronald Araújo's move permanent in January and plan to open talks with Barcelona as soon as the transfer window begins. (Source: Juan Jesus)
Despite reported interest from both Arsenal and Barcelona, Club Brugge have no intention of accepting January bids for striker Nicolò Tresoldi. (Source: Nieuwsblad)
Chelsea have reportedly already reached a personal terms agreement with Bournemouth midfielder Alex Scott. (Source: Si Phillips)
Scott is also among Liverpool's midfield targets, along with Monaco's Lamine Camara. Borussia Dortmund's Felix Nmecha is admired by the club but is not seen as a top priority. (Source: Florian Plettenberg)
Newcastle United are monitoring Wisła Kraków left back Jakub Krzyżanowski ahead of a potential move. (Source: Gazeta Krakowska)
Aston Villa sent scouts to observe Fenerbahçe winger Oğuz Aydın during Monday's clash against Galatasaray. (Source: NTV)
Club Brugge winger Carlos Forbs has attracted attention from Man Utd, Tottenham Hotspur, and Roma. (Source: Asromalive)
PSG are making headway in contract extension discussions with winger Désiré Doué, who has drawn interest from Arsenal, Chelsea, and Manchester City. (Source: TEAMtalk)
La Liga
President Joan Laporta is working to secure a top striker for Barcelona. Ballon d'Or winner Harry Kane is the primary target, with Man City's Erling Haaland viewed as a backup option. (Source: Fichajes)
Stuttgart's €60 million ($67 million) valuation of center back Finn Jeltsch is expected to pose a challenge for either Barcelona or Real Madrid should they pursue him in January. (Source: SPORT)
Barcelona are anticipating bids for midfielder Fermín López in 2027, potentially as soon as January. Chelsea are mulling an approach worth €120 million ($134 million) for the player, who is also on Man Utd's radar. (Source: El Nacional)
PSG are also preparing to submit an offer for Fermín, who is additionally being monitored by Arsenal alongside Chelsea. (Source: Ekrem Konur)
Several Real Madrid board members have urged president Florentino Pérez to consider selling under-pressure winger Vinícius Júnior for offers in the region of €150 million ($168 million). (Source: Fichajes)
Real Madrid's pursuit of 17-year-old Ajax midfielder Abdellah Ouazane has been made more difficult by competing interest from Chelsea and Man City. (Source: 4-4-2)