Real Madrid Launch Bid for Mac Allister as Barcelona Set Sights on Arsenal's Odegaard
Sports Illustrated compiles the most recent transfer speculation and rumors from across the globe.
Premier League

Joshua Zirkzee is looking to leave Manchester United for a different Premier League destination come January. Aston Villa, Brighton & Hove Albion, Everton and West Ham United are all pursuing a permanent transfer, while Sunderland want to secure the Dutch player on a temporary basis. (Source: TEAMtalk)
A potential replacement for Zirkzee could be Palmeiras forward Vitor Roque, with Man Utd prepared to offer €50 million (£43.4 million, $57.9 million) for the ex-Barcelona attacker. (Source: Fichajes)
Man Utd's chances of acquiring Sporting CP midfielder Morten Hjulmand have been complicated by Juventus entering the race following new manager Luciano Spalletti's appointment. (Source: Tuttosport)
Likewise, Liverpool's interest in Crystal Palace defender Marc Guéhi now faces additional competition from Inter, who are prepared to make an offer for the England international as soon as January and might include highly-rated Yann Bisseck in the deal. (Source: Gazzetta dello Sport)
Palace are considering Manchester City's Nathan Aké as a possible successor to Guéhi. (Source: TEAMtalk)
Arsenal and Man Utd are both investigating a potential move for 18-year-old Lille midfielder Ayyoub Bouaddi. (Source: Mark Brus)
Amid interest from Juventus, Chelsea have initiated discussions with right-back Malo Gusto regarding a new extended contract. (Source: RMC Sport)
Bayern Munich are unlikely to pursue a permanent transfer for Chelsea striker Nicolas Jackson, who is currently on loan, with Everton now showing interest in the player. (Source: Football Insider)
Arsenal are willing to allow striker Gabriel Jesus to depart this winter and will consider both loan proposals and permanent bids valued at €30 million (£26.4 million, $34.7 million). Bournemouth, Fulham and West Ham all want to retain him in the Premier League, while AC Milan and Juventus are frontrunners in Serie A. (Source: Milanlive)
Thomas Frank aims to strengthen Tottenham Hotspur's attacking options and has targeted West Ham's Jarrod Bowen and Porto's Samu Aghehowa for a total of €130 million (£114.4 million, $150.6 million). (Source: Fichajes)
Despite wanting to sell last summer, Newcastle United have already determined they will reject any bids for striker Will Osula this winter. (Source: Daily Mail)
La Liga

Paris Saint-Germain midfielder Vitinha tops Real Madrid's transfer priority list, though his crucial role at the French club makes him a nearly unattainable target. (Source: Defensa Central)
Alternatively, Real Madrid are prepared to make an offer for Liverpool midfielder Alexis Mac Allister and consider their need for a new playmaker so urgent that they will chase his signature when the January window begins. (Source: indykalia)
While Barcelona are pursuing Levante striker Karl Etta Eyong, they have pinpointed Strasbourg's Joaquín Panichelli, who tops Ligue 1's goal-scoring rankings, as a growing alternative option. (Source: Mundo Deportivo)
The Catalans have also included Arsenal captain Martin Ødegaard on their target list. Barcelona are planning to pursue the Norwegian midfielder during next summer's window. (Source: indykaila)
Real Madrid have already committed to activating the buy-back options for midfield pair Nico Paz and Chema Andrés, currently at Como and Stuttgart respectively, next summer. (Source: AS)
Barcelona midfielder Marc Casadó has attracted Premier League attention. Chelsea are currently leading the pursuit for his services but Arsenal have also expressed interest. (Source: Mark Brus)
A complete agreement has been reached between Barcelona and Dinamo Zagreb for 17-year-old winger Cardoso Varela, who is anticipated to join Camp Nou when he reaches 18 next year. (Source: Mundo Deportivo)