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

After being tormented by Nico Paz, Manchester United are preparing a "substantial offer" for Como's standout player in January. Any bid would need to reach at least €80 million ($89.3 million), given that Real Madrid hold the option to re-sign Paz for that amount. (Source: El Nacional)
Nottingham Forest's Murillo and Borussia Dortmund's Nico Schlotterbeck are among the names being considered as potential replacements for Virgil van Dijk at Liverpool. (Source: The Daily Briefing)
Manchester United have been presented with the opportunity to sign Folarin Balogun, as the USMNT star pushes for a January departure from Monaco. Leeds United, Newcastle United and Nottingham Forest have also been mentioned as interested parties. (Source: TEAMtalk)
Beyond Balogun, United have also been connected with a move for his USMNT colleague Alex Freeman. The standout Villarreal defender is equally on the radar of Manchester City and Tottenham Hotspur. (Source: Football Insider)
Balogun's Monaco teammate Paris Brunner is another highly sought-after target across the Premier League, with Arsenal and Chelsea expected to pursue the center forward, who is valued at €50 million ($55.8 million). (Source: El Nacional)
Liverpool forward Federico Chiesa is described as a "concrete option" for Inter in 2027. (Source: Ekrem Konur)
Morgan Gibbs-White has been identified as a "realistic target" for Manchester United. The Nottingham Forest skipper has also been linked with a move to Liverpool. (Source: Ekrem Konur)
A spot for Gibbs-White could open up in United's midfield should Bruno Fernandes push through a January exit. (Source: Indykaila)
Marcus Rashford is also growing restless at United, with talks reportedly already taking place between the England international and Everton. (Source: Football Insider)
Arsenal are preparing a January move for Atlético Madrid's dynamic creator Álex Baena, a pursuit that Diego Simeone appears ready to quickly dismiss. (Source: El Nacional)
Aston Villa, Brighton, Everton and Newcastle have all been reported to have shown interest in Galatasaray midfielder Gabriel Sara. (Source: Fussball News)
Tottenham's pursuit of Éli Junior Kroupi looks set to come to nothing in January. It will require a fee of at least £80 million ($107 million) to acquire the Bournemouth forward next summer. (Source: Football Insider)
La Liga

Enzo Fernández has resurfaced as a target for Atlético Madrid, Barcelona and Real Madrid, with Manchester City anticipated to place a €120 million ($133.9 million) price tag on the World Cup winner. (Source: Ekrem Konur)
Barcelona will need to offload Ronald Araújo—currently impressing at Liverpool—and out-of-favor right back Jules Koundé in January if they hope to fund a move for Paris Saint-Germain center back Willian Pacho. (Source: El Nacional)
Chelsea could facilitate that deal as Xabi Alonso is reportedly set to make a "personal approach" in an attempt to persuade Koundé to join the London club. (Source: TEAMtalk)
Despite interest from Arsenal, Endrick could still head to AC Milan on loan from Real Madrid this January. (Source: Ekrem Konur)
Club Brugge have set a minimum asking price of €50 million ($55.8 million) for Nicolò Tresoldi, who is a priority target for both Arsenal and Barcelona. (Source: El Nacional)
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