Man Utd Hunt €90M Star to Replace Casemiro as Real Madrid Slam Door on Vini Jr Mega-Bid
Sports Illustrated compiles the most recent transfer speculation and rumors from across the globe.
Premier League

Manchester United's initial approach for Real Madrid midfielder Aurélien Tchouaméni has been unexpectedly rejected. The Red Devils, seeking a successor to Casemiro, submitted an attractive proposal worth €90 million (£79.3 million, $104.2 million), featuring €70 million guaranteed plus an additional €20 million in performance bonuses. (Source: Fichajes)
Arsenal and Bukayo Saka have achieved a "complete agreement" regarding a "groundbreaking" new deal extending through 2030. (Source: Mark Brus)
Atlético Madrid are considering an initial offer of €40 million (£35.3 million, $46.3 million) for Chelsea defender Marc Cucurella. (Source: Fichajes)
Chelsea and Liverpool remain determined to secure Juventus attacker Kenan Yıldız. Arsenal are also pursuing the contract rebel. (Source: Simon Phillips)
United's pursuit of Karim Adeyemi is progressing, though Arsenal are believed to be frontrunners for the speedy Borussia Dortmund winger. (Source: TEAMtalk)
AC Milan and Roma have surfaced as unexpected candidates in the pursuit of West Ham United striker Niclas Füllkrug this January. (Source: Fabrizio Romano)
Arsenal are competing with Bournemouth for Nordsjælland's promising young midfielder Caleb Yirenkyi. (Source: Daily Mail)
Roma are exploring a potential move for Tottenham Hotspur's unpredictable summer signing Mathys Tel. (Source: Gazzetta dello Sport)
Man Utd have received fresh encouragement in their pursuit of Rúben Neves from Al Hilal as early as January, with a €20 million (£17.6 million, $23.2 million) package proposed. Newcastle are also monitoring the Portugal midfielder. (Source: Mark Brus)
La Liga

Real Madrid have stated firmly that they will reject any bids for Vinicius Junior below €100 million (£88.1 million, $115.8 million), effectively ending Liverpool's hopes of signing the Brazilian at that price point. (Source: Fichajes)
Barcelona have been presented with their initial loan proposal for controversial goalkeeper Marc-André ter Stegen from Beşiktaş. The Turkish club are prepared to assume the keeper's wages and include a non-mandatory purchase clause worth €8 million ($9.3 million). (Source: SPORT)
Bayern Munich and Barcelona are both exploring a potential transfer for Bayer Leverkusen left-back Alejandro Grimaldo. (Source: Radio MARCA)
If Harry Kane moves to Barcelona next summer, it could trigger a domino effect that sees Juventus striker Dušan Vlahović join Bayern Munich. (Source: Fichajes)
Real Madrid's pursuit of Rodri is waning due to ongoing doubts about his physical condition at Manchester City. (Source: Paco González)