BREAKING: Vinicius Jr and Palmer Stunned by Massive Transfer Offers as Man Utd Launch Bold Valverde Raid
Sports Illustrated compiles the most recent transfer speculation and rumors from across the globe.
Premier League

Tottenham Hotspur have emerged as the frontrunners to secure Crystal Palace defender Marc Guéhi during the upcoming summer window, despite competing interest from Liverpool, Manchester City and Manchester United. (Source: CaughtOffside)
A group headed by Brooklyn Earick is reportedly nearing a deal to acquire Tottenham and is preparing an ambitious transfer campaign that would include bids for Real Madrid's Vinicius Junior and Chelsea's Cole Palmer in the summer. (Source: François Gallardo)
Paris Saint-Germain are willing to turn down a €120 million (£104.8 million, $140.7 million) bid from Man City for midfielder João Neves. (Source: Fichajes)
Bukayo Saka is poised to become Arsenal's first player to receive a weekly wage exceeding £300,000 ($403,000) upon signing his new deal. (Source: TBR Football)
Arsenal are seeking approximately £30 million ($40.3 million) for striker Gabriel Jesus. While this valuation is beyond AC Milan's reach, Everton may soon submit a bid. (Source: AS Roma Live)
Everton plan to turn down all January bids for defender Jarrad Branthwaite, who remains a target for both Liverpool and Man Utd. (Source: Football Insider)
Aston Villa and Man City have entered the race alongside Man Utd and Tottenham for Bournemouth's Antoine Semenyo, though the Cherries insist their key attacker is not for sale. (Source: TBR Football)
Newly appointed West Ham United boss Nuno Espírito Santo may seek to reunite with Nottingham Forest's Ibrahim Sangaré during the January window. (Source: Claret & Hugh)
Man Utd are preparing an €80 million (£69.9 million, $93.8 million) proposal for Real Madrid's Federico Valverde and might include Kobbie Mainoo in a potential exchange. (Source: Fichajes)
La Liga

Barcelona's sporting director Deco has identified Atlético Madrid's Julián Alvarez as his primary objective for summer 2026, though he refuses to exceed €100 million ($117.2 million) for the Argentine forward. (Source: El Nacional)
Benfica coach José Mourinho has made Real Madrid's Brahim Díaz his top transfer priority. (Source: Fichajes)
Brahim is unwilling to accept his limited playing time under Xabi Alonso and may seek a January departure from Real Madrid unless his situation improves. (Source: E-Notícies)
Rising Barcelona talent Dro Fernández intends to reject all external interest in favor of extending his stay in Catalonia. Arsenal, Chelsea, Man City, Bayern Munich and PSG have all been monitoring the 17-year-old prospect. (Source: TBR Football)
Sevilla are offering only €5 million (£4.4 million, $5.9 million) to make Odysseas Vlachodimos's loan from Newcastle United permanent, well below the £20 million (€22.9 million, $26.9 million) the Magpies paid in 2024. The 31-year-old goalkeeper is eager for the deal to go through as he seeks an immediate departure. (Source: Estadio Deportivo)