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Sports Illustrated compiles the latest transfer rumors and gossip from across the globe.
Premier League
Chelsea are the frontrunners among English clubs for Manchester United prodigy JJ Gabriel, though both Real Madrid and Barcelona have recently held discussions with the 15-year-old, who is seriously weighing up a potential move to Spain. (Source: TEAMtalk)
Meanwhile, Man Utd are in the race to sign Barcelona winger Raphinha and are willing to offer him the highest wage in the Premier League to persuade him to make the switch. (Source: El Nacional)
Arsenal have a "very real" desire to bring in Bournemouth attacker Eli Junior Kroupi. (Source: football.london)
Crystal Palace midfielder Adam Wharton has attracted growing attention from Chelsea, who could table a January bid of nearly £80 million ($107 million) to secure his services. (Source: Mark Brus)
Unattached striker Mauro Icardi continues to be on Tottenham Hotspur's radar, with the club working to persuade him to turn down a potential return to Italy's Serie A. (Source: Giulio Cardone)
Bayern Munich are exploring the possibility of signing unsettled Liverpool midfielder Alexis Mac Allister during the January window. (Source: Topskills Sports)
Manchester City have made an approach to Barcelona regarding center back Pau Cubarsí, but the La Liga champions firmly shut down any possibility of a deal. (Source: El Nacional)
Atlético Madrid winger Álex Baena is attracting attention from Aston Villa, Man City and Newcastle United ahead of the upcoming January transfer window. (Source: Esto Es Atleti)
Newcastle midfielder Joe Willock has become a top winter target for Turkish powerhouse Beşiktaş. (Source: Turkish-Football)
Representatives from Aston Villa, Brighton & Hove Albion, Chelsea, Crystal Palace, Liverpool, Nottingham Forest and Tottenham all seized the opportunity to watch AZ Alkmaar midfielder Kees Smit during his side's midweek fixture at Sunderland. (Source: TEAMtalk)
La Liga
Real Madrid are prepared to put winger Rodrygo on the transfer market in January, provided he returns to full fitness in time. (Source: indykaila)
Contract renewal talks between Barcelona and Raphinha are moving forward positively and are at an advanced stage, with a notable pay rise expected to be included. (Source: Matteo Moretto)
Benfica center back Tomás Araújo, whose deal contains a release clause of €40 million ($46 million), has attracted interest from Real Madrid. (Source: Fichajes)
Barcelona have given the green light to defender Jules Koundé's agent to hold talks with several Premier League clubs regarding a potential transfer that could reach as high as €70 million ($80 million). (Source: El Nacional)
Atlético Madrid striker Julián Alvarez, who has been linked with Arsenal and Barcelona, is reportedly looking to change representation following a turbulent summer transfer window. Javier Pastore, the agent of Enzo Fernández, is being considered to take over his management. (Source: Mundo Deportivo)