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Sports Illustrated compiles the latest transfer rumors and gossip from across the globe.
Premier League
Arsenal are weighing up an unexpected move for Manchester United's Marcus Rashford as a potential replacement for Gabriel Martinelli before the window closes. (Source: The Independent)
Additionally, Arsenal have been linked with a move for Brentford attacker Kevin Schade, with talks believed to be in progress. (Source: Indykaila)
Should Manchester City wish to lure Enzo Fernández away from Stamford Bridge, they would need to meet Chelsea's asking price of $176.2 million (£130 million). (Source: The Mirror)
Liverpool have agreed personal terms with Ismaïla Sarr and are expected to submit a higher bid, following Crystal Palace's rejection of their opening offer of $69.7 million (£51.4 million, €60 million) earlier this month. (Source: Nicolò Schira)
That deal could be financed by the possible departure of Cody Gakpo. However, Tottenham Hotspur will need to raise their offer after Liverpool turned down an initial bid of $93.5 million (£69 million). (Source: Indykaila)
Clubs from England, Europe, and Saudi Arabia have all shown interest in Chelsea's demoted shot-stopper Robert Sánchez, who faces a spell on the bench following the arrival of Emiliano Martínez. (Source: The Guardian)
Tottenham are looking into an unexpected swap arrangement for Iliman Ndiaye that could see Richarlison return to Everton. (Source: Santi Aouna)
Arsenal have completed the signing of highly-touted Georgian teenager Andria Bartishvili for $5.2 million (£3.9 million, €4.5 million), fending off competition from Liverpool and others for the young midfielder. (Source: Geo Team)
Juventus have surprisingly opened talks with Tottenham over a potential loan deal for Pape Matar Sarr, following the breakdown of their pursuit of Franck Kessié earlier this week. (Source: Sacha Tavolieri)
As a backup option to Alvarez, Arsenal have initiated contact with Lille's unsettled forward Matias Fernandez-Pardo, a player who has long been associated with a move to Newcastle. (Source: Mark Brus)
Alongside the $81.3 million (£60 million)-valued Fernandez-Pardo, Newcastle are also targeting Stuttgart's Bilal El Khannouss. (Source: The Telegraph)
This late-window push for attacking reinforcements comes amid growing transfer interest in Newcastle's Nick Woltemade, who has attracted attention from Atlético Madrid and several Serie A sides. (Source: Fichajes)
Nottingham Forest are poised to reunite Oliver Glasner with Daniel Muñoz after agreeing a $29.7 million (£22 million) fee with Crystal Palace. (Source: The Athletic)
In his ongoing effort to recruit top La Liga talent, Fulham's Álvaro Arbeloa has been linked with a move for Rayo Vallecano fullback Andrei Ratiu. (Source: Sky Sports News)
La Liga
Julián Alvarez's camp has reportedly floated the idea of inserting a clause into any potential Arsenal deal that would allow the Argentine to join Barcelona — the club he has openly called his "dream" — at a later date. The Gunners are said to be open to the concept. (Source: TEAMtalk)
Trent Alexander-Arnold is keen on a return to the Premier League after a turbulent debut season at Real Madrid. Talks over a contentious Liverpool reunion are underway, with Newcastle United also emerging as a possible destination. (Source: Fichajes)
Hansi Flick has sanctioned the departures of Barcelona right back Jules Kounde and left back Alejandro Balde. (Source: El Nacional)
Manchester United have been handed the chance to sign Atlético Madrid's reserve striker Alexander Sørloth for the relatively affordable fee of $40.7 million (£30 million). (Source: CaughtOffside)
Real Madrid are close to finalizing an agreement for Racing Santander's highly-regarded midfielder Sergio Martínez. (Source: AS)
Following failed moves to Liverpool and Arsenal, Endrick is set to put his Real Madrid future on hold until January before reassessing his options. (Source: El Nacional)