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Sports Illustrated compiles the latest transfer rumors and gossip from across the globe.
Premier League
After just over two seasons of highs, lows and a notable absence of silverware, Kylian Mbappé has reportedly made up his mind to depart Real Madrid in the summer of 2027, with the Premier League identified as his next stop. (Source: François Gallardo)
There would be no shortage of interest in Mbappé across England, with Liverpool reportedly assembling a jaw-dropping bid worth €250 million ($279.7 million) for the prolific French star. (Source: Fichajes)
Manchester United's efforts to address their troublesome left-back slot have led them to explore a move for Bournemouth's Adrien Truffert. However, Liverpool are also in the running for the French defender, who is valued at £60 million ($79.6 million). (Source: TEAMtalk)
Should Arsenal or Real Madrid wish to lure Kenan Yıldız away from Juventus, they would need to fork out €150 million ($168.8 million). (Source: Gianluca Di Marzio)
Arsenal's dynamic midfielder Mikel Merino has attracted the attention of Real Madrid, who may be able to acquire the World Cup winner for as little as €25 million ($28.1 million). Why the Gunners would be prepared to let go of such a key player for that fee remains puzzling. (Source: Fichajes)
Scott McTominay—the Serie A champion being discussed at Manchester United, Aston Villa and Newcastle—could be available for a fee as low as €25 million ($28.1 million). (Source: Sky Sport Switzerland)
Arsenal are reportedly open to selling out-of-form striker Viktor Gyökeres as early as January. (Source: Football Insider)
Liverpool are exploring a potential deal for Hull City's standout goalkeeper Konstantinos Tzolakis, who had previously attracted interest from Tottenham Hotspur. (Source: Fichajes)
Chelsea are among a host of clubs eyeing Brazilian prodigy Eduardo Conceição. However, whether any are prepared to meet Palmeiras' steep €100 million ($112.5 million) asking price remains to be seen. (Source: CaughtOffside)
Freiburg's prolific striker Igor Matanović would be fully open to joining Manchester United, who are among several top clubs linked with the Croatian international. (Source: Football Insider)
Liverpool and Manchester United are both in the race to sign Como's gifted attacker Assane Diao. Aston Villa, Everton and Brentford have also been linked with the Senegal international. (Source: 4-4-2)
Newcastle United are considered the frontrunners to beat Nottingham Forest to the signing of Lyon midfielder Tyler Morton. (Source: Football Insider)
La Liga
Real Madrid have struggled to find a true successor to Luka Modrić since his departure in 2025. The 41-year-old former Ballon d'Or recipient could address that gap himself by entertaining the idea of leaving AC Milan for a return to the Spanish capital. (Source: Fichajes)
Julián Alvarez has eased his previously firm resistance to joining Arsenal, despite his commitment to remaining at Atlético Madrid long-term. Hopes of a January transfer have not entirely faded in north London, though Bayern Munich could also enter the picture. Barcelona, meanwhile, have shifted their focus to Manchester City's Erling Haaland. (Source: TEAMtalk)
Endrick has once again raised the possibility of leaving Real Madrid on loan this winter, with Aston Villa emerging as the leading candidates to secure the Brazilian's services. (Source: Cadena SER)
Mikel Arteta has committed to keeping his promise and allowing Martín Zubimendi to leave in January, with Real Madrid widely regarded as his most probable destination. (Source: El Nacional)
Barcelona are weighing up a surprise move for Fulham's youth talent Josh King. (Source: TEAMtalk)
Rest of World
MLS club San Diego have revived talks with Kevin De Bruyne over a possible winter transfer. The Napoli playmaker is also being pursued by Lionel Messi's Inter Miami and a Chicago Fire side led by Robert Lewandowski. (Source: Fichajes)