Liverpool Hunt $175 Million Wirtz Successor as Fermin Shatters Barcelona Transfer Record

Sports Illustrated compiles the latest transfer rumors and gossip from across the globe.

Premier League

Bayern Munich have not abandoned their interest in Florian Wirtz, who has enjoyed a successful year at Liverpool. Should the German playmaker be lured away, Bayern would be ready to secure the $157 million (£116 million) signing. (Source: TEAMtalk)

Wirtz could be persuaded to seek a new challenge due to Liverpool's growing pursuit of Bournemouth attacker Rayan. The Reds are considering a move for Andoni Iraola's former key player, who would command a fee of around $175.8 million (£130 million). (Source: Football Insider)

On the strong advice of head coach Xabi Alonso, Chelsea are preparing a $162.4 million (£120.1 million, €140 million) January offer for Barcelona's creative talent Fermín López. Such a deal would surpass the club's transfer record, which was only set by Morgan Rogers this past summer. (Source: El Nacional)

Arsenal have entered the picture regarding Nico Paz's future. The highly regarded Argentine only joined Como this summer, but Real Madrid hold the option to buy back the $69.6 million (£51.5 million, €60 million) sale for $92.8 million (£68.6 million, €80 million) next year. The Gunners are keeping a close eye on the situation. (Source: ElDesmarque)

Manchester United are reportedly willing to significantly increase Eric García's Barcelona salary to draw the Paris Saint-Germain target away from Camp Nou. Nevertheless, any such attempt is unlikely to bear fruit. (Source: El Nacional)

Any possibility of former Manchester United winger Jadon Sancho making a third return to Borussia Dortmund has been firmly ruled out. (Source: TEAMtalk)

Sergio Ramos is preparing for a highly unexpected comeback to competitive football. The former Real Madrid legend is set to end his free agency and put pen to paper on a deal with Aston Villa in the Premier League. (Source: Suporter Media)

Manchester United will face a challenge from Chelsea in the pursuit of Leicester City's promising midfielder Louis Page. The Foxes have previously set a price tag of $20.9 million (£15.4 million, €18 million) for the 18-year-old. (Source: Ekrem Konur)

United have, however, been handed an advantage in the race to sign Juventus' adaptable defender Pierre Kalulu. (Source: TEAMtalk)

Liverpool have the opportunity to convert Ronald Araújo's loan from Barcelona into a permanent deal for $63.8 million (£47.2 million, €55 million) this summer. (Source: Fabrizio Romano)

Bayern Munich have completely withdrawn from the running for Manchester City youngster Rayan Cherki. (Source: Christian Falk)

Chelsea are ready to outbid Barcelona with an offer of up to $92.8 million (£68.6 million, €80 million) for Inter centre-back Alessandro Bastoni. (Source: El Nacional)

Tottenham Hotspur are considered the frontrunners to land Sporting CP's pacey winger Geny Catamo. (Source: Ekrem Konur)

La Liga

In a bid to put an end to persistent speculation linking Raphinha with Arsenal, Liverpool and the Saudi Pro League, Barcelona are set to offer the Brazilian a new contract that would make him the club's joint-highest earner alongside Rodri. (Source: El Nacional)

Real Madrid are considering an unexpected move for Borussia Dortmund shot-stopper Gregor Kobel. (Source: Ekrem Konur)

Barcelona have set their sights on Racing Santander full-back Jorge Salinas. The young player was on Manchester United's radar during the summer and is valued at $18.6 million (€16 million) by his parent club. (Source: Fichajes)

Another left-back option for Barcelona is Inter Milan's Federico Dimarco. Man Utd are also monitoring the 28-year-old, who is coming off a standout season but whose contract extension talks have hit a roadblock. (Source: Hooligan Soccer)

Luis Enrique has urged PSG's decision-makers to invest $46.4 million (€40 million) in Barcelona's energetic midfielder Gavi. (Source: El Nacional)

Former Real Madrid fan favourite Joselu has been presented with an opportunity to return to La Liga with Valencia following his departure from Qatari club Al Gharafa over the summer. (Source: Fichajes)