Rashford Sparks Premier League Bidding War as Real Madrid Face Shocking Guler Swap Proposal
Sports Illustrated compiles the most recent transfer speculation and rumors from across the globe.
Premier League

Saudi Arabian clubs remain optimistic about persuading Mohamed Salah to depart Liverpool during the January window, with multiple teams targeting what they anticipate will be a reduced-price acquisition. (Source: The i Paper)
While seeking offensive additions, Liverpool have once again included Bayern Munich's Michael Olise on their target list alongside Real Madrid's Rodrygo, Juventus talent Kenan Yıldız and Everton's Iliman Ndiaye. (Source: BILD)
Liverpool lead the pursuit for Bournemouth's Antoine Semenyo, staying ahead of Arsenal and Manchester City in the race. (Source: Football Insider)
Tottenham Hotspur have shown interest in acquiring Marcus Rashford during the upcoming summer window should Barcelona choose not to make their Manchester United loan deal permanent. Arsenal and Chelsea are both keeping tabs on the England forward. (Source: CaughtOffside)
Additionally, Tottenham are readying a €35 million (£30.6 million, $40.8 million) offer to bring back AZ Alkmaar's Troy Parrott, who is also attracting attention from Fenerbahçe. (Source: Fichajes)
Bayern Munich have entered the competition alongside Man Utd for Brighton & Hove Albion's Carlos Baleba, whose valuation has decreased to €85 million (£74.3 million, $99.1 million). This amount would remain beyond the German club's budget. (Source: TZ)
Man City continue to hold the advantage in pursuing Newcastle United's Tino Livramento despite competing interest from Arsenal and Man Utd. (Source: Football Insider)
Nevertheless, Man City's pursuit of Arsenal's Ben White has been decisively rejected by the Gunners, who have stated clearly that the defender is unavailable. Atlético Madrid, Como and Marseille have received identical responses. (Source: TEAMtalk)
Considering a potential summer exit for Emiliano Martínez, Aston Villa have pinpointed Borussia Mönchengladbach's Moritz Nicolas as a prospective replacement. (Source: Patrick Berger)
Sunderland and West Ham United might both present €30 million (£26.2 million, $35 million) bids for AC Milan's Santiago Giménez. (Source: Il Messaggero)
La Liga

The Saudi Public Investment Fund plans to pursue Barcelona's Robert Lewandowski and Real Madrid pair Antonio Rüdiger and David Alaba as free agents when their deals conclude next summer. (Source: 365Scores)
Brahim Díaz represents another Saudi Arabian objective, with league representatives presenting a substantial four-year package valued at €120 million (£104.9 million, $139.9 million). (Source: OK Diario)
Barcelona intend to present Crystal Palace defender Marc Guéhi with a contract offer as soon as January 1st arrives, hoping to ward off competition from Atlético Madrid, Bayern Munich, Liverpool and Real Madrid. (Source: Fichajes)
Man City are exploring a potential exchange involving midfielder Rodri for Real Madrid's Arda Güler. Los Blancos consider the 20-year-old non-transferable and have no interest in any player exchange discussions. (Source: Defensa Central)
Ferran Torres has rejected overtures from Aston Villa and Newcastle while hoping to stay at Camp Nou, though Barcelona are contemplating including him in a potential deal to reduce Atlético Madrid striker Julián Alvarez's price tag next summer. (Source: El Nacional)
Borussia Dortmund's Nico Schlotterbeck is keen on moving to either Bayern Munich or Real Madrid with 18 months remaining on his current deal. (Source: Sky Sport Germany)