Fernandes Plots Historic Man Utd Departure as €100M Raphinha Bid Rocks Transfer Market
Sports Illustrated compiles the most recent transfer speculation and rumors from across the globe.
Premier League

Al Hilal are preparing a £100 million ($135.1 million) bid for Bruno Fernandes this January. Should Manchester United accept this proposal, which appears increasingly probable following Ruben Amorim's departure, the club skipper would eclipse Cristiano Ronaldo as United's record transfer sale. (Source: Indykaila)
Aware that Mohamed Salah will depart the club this summer, Liverpool are ready to invest €100 million (£86.6 million, $117 million) in Paris Saint-Germain's unsettled attacker Bradley Barcola. (Source: Fichajes)
Attention is mounting around Omar Marmoush, who could find himself excess to requirements at the Etihad with Antoine Semenyo's pending arrival. Aston Villa and Tottenham Hotspur have been linked with the Manchester City striker. (Source: CaughtOffside)
Chelsea's chase of Mike Maignan has been effectively ended by news that AC Milan are close to securing the outstanding goalkeeper with a new deal running until 2031. (Source: Gianluca Di Marzio)
Manchester United botched their attempt to sign Antoine Semenyo by presenting the Manchester City-bound striker with a lower base salary than Matheus Cunha, which the player "found insulting." (Source: Football Transfers)
Arsenal have revived their interest in Blackburn Rovers' young striker sensation Igor Tyjon. A second offer of £2.2 million ($3 million) was turned down last summer, but a fee of £1 million might suffice this month as he continues rejecting contract extension offers. (Source: HandofArsenal)
Tottenham Hotspur have been mentioned as potential suitors for Wolverhampton Wanderers striker Jørgen Strand Larsen. The relegation-threatened club is anticipated to approve a summer departure. (Source: Indykaila)
Manchester United have been linked with Sassuolo defender Tarik Muharemović. Aston Villa, Bournemouth and Juventus are also reportedly monitoring the 22-year-old Slovenia international who could be available for €30 million (£26 million, $35.1 million). (Source: Gazzetta dello Sport, via Sport Witness)
Chelsea have been suggested as potential buyers for Bayern Munich's marginalized center back Kim Min-jae. (Source: Fichajes)
Kim, who claimed Serie A glory with Napoli, has also been mentioned as a target for Italian powerhouse AC Milan. (Source: Gazzetta dello Sport)
Liverpool have not abandoned their chase of Marc Guéhi. Following Manchester City's heightened interest in the Crystal Palace captain, the Reds are anticipated to attempt disrupting the transfer. (Source: Hooligan Soccer)
La Liga

Following initial discussions regarding João Cancelo, Al Hilal have advanced with a €100 million ($117 million) proposal for Barcelona's Raphinha. The deal structure reportedly includes €80 million in fixed payments plus €20 million in performance-related add-ons. (Source: Fichajes)
Barcelona's youth product Fermín López has been identified as a possible Manchester United acquisition should Xavi Hernández assume control at Old Trafford. (Source: El Nacional)
Chelsea's connections to Vinicius Junior have been firmly dismissed, with the Real Madrid winger virtually certain to remain in the Spanish capital during January. (Source: Fabrizio Romano)
Vinicius Jr is no longer considered indispensable within the Real Madrid lineup. Unlike Toni Kroos's departure, which created a significant midfield vacancy, the Brazilian has multiple ready replacements available. (Source: DefensaCentral)
Xabi Alonso demanded additional summer reinforcements that never materialized at Real Madrid. He is unlikely to receive any new additions in January. (Source: The Athletic)