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Sports Illustrated compiles the most recent transfer speculation and rumors from across the globe.
Premier League
Liverpool have submitted an offer worth £65 million ($85.3 million) for Bournemouth striker Antoine Semenyo during the January transfer period. (Source: indykalia)
Both Manchester City and Real Madrid are pursuing Liverpool's Dominik Szoboszlai, with his contractual circumstances causing concern at Anfield regarding his long-term future. (Source: Hir TV)
AC Milan's Mike Maignan, whose deal expires at season's end, is "strongly determined" to complete a summer switch to Chelsea, though he remains open to possibilities with Bayern Munich and Juventus. (Source: Gazzetta dello Sport)
Aston Villa have secured an agreement to prolong highly-sought midfielder Morgan Rogers' deal through 2031. (Source: The Athletic)
Manchester United have chosen to allow winger Jadon Sancho to leave without a fee next summer when he returns from his Aston Villa loan, despite possessing an option to extend his deal by another year. (Source: Football Insider)
Valencia are willing to consider bids of just €20 million (£17.6 million, $23.1 million) for midfielder Javi Guerra, with Arsenal now preparing to submit an offer. (Source: Fichajes)
19-year-old Köln midfielder Said El Mala has attracted considerable attention from Inter, Man City and Paris Saint-Germain. (Source: BILD)
Al Ahli forward Ivan Toney represents Tottenham Hotspur's primary striker objective for the January window, though any move depends on Spurs offloading either Dominic Solanke or Richarlison. (Source: Football Insider)
Additionally, Tottenham have joined Newcastle United in contacting representatives of Brentford striker Igor Thiago. (Source: Trivela)
Newcastle midfielder Sandro Tonali has confided to close associates that he feels homesick and desires a return to Italy, potentially as early as 2026. (Source: Corriere della Sera)
Napoli are frontrunners in the pursuit of Man Utd midfielder Kobbie Mainoo, though nine clubs are competing for his signature: Chelsea, Everton, Leeds United, Man City, Newcastle, Tottenham, Atlético Madrid, Barcelona and Real Madrid. (Source: Mark Brus)
West Ham United will retain midfielder Lucas Paquetá in January. The Brazilian has not been advocating for an immediate departure. (Source: GIVEMESPORT)
La Liga
PSG have tabled a €150 million (£131.9 million, $173.1 million) proposal for Galatasaray striker Victor Osimhen, beating Barcelona to the punch. (Source: Fichajes)
Meanwhile, PSG are also monitoring Barcelona defender Eric García closely before the January window, when his current deal will have only six months remaining. (Source: L'Équipe)
Sources within both Barcelona and Real Madrid maintain that Man City striker Erling Haaland's contract continues to contain release clauses enabling a future La Liga move, contrary to the Premier League club's claims they were eliminated during his January extension. (Source: TBR Football)
After becoming frustrated with winger Rodrygo's continued difficulties, Real Madrid are now willing to entertain offers around €50 million (£44 million, $57.7 million) for the Brazilian. (Source: Defensa Central)
AC Milan have shown interest in acquiring Barcelona striker Robert Lewandowski in January but are unlikely to complete a deal, as the Blaugrana lack the financial capacity to secure a top-tier replacement mid-season. (Source: Sportitalia)