Ronaldo Eyes Shocking Exit Strategy as Arsenal Target Sparks €100M Bidding War
Sports Illustrated compiles the most recent transfer speculation and rumors from across the globe.
Premier League
Premier League

Barcelona have responded to the €30 million ($26.1 million, $35.4 million) release clause in Marcus Rashford's loan agreement from Manchester United by offering €20 million plus €5 million in performance bonuses. (Source: Fichajes)
Following their pursuit of Andy Robertson, Tottenham Hotspur are now attempting to secure his Liverpool colleague Curtis Jones. Spurs are reportedly prepared to submit an initial offer of £30 million ($40.7 million), which is believed to fall short of Liverpool's valuation. (Source: DaveOCKOP)
Chelsea have been suggested to make an unexpected move for Real Madrid youngster Franco Mastantuono as he faces difficulties establishing himself in the first team. (Source: Fichajes)
Crystal Palace's unsettled forward Jean-Philippe Mateta is "wishing" for interest from Manchester United as he seeks a departure from south London. No formal offers have emerged yet. (Source: Indykaila)
Harry Maguire might make an unexpected move to Premier League competitors Chelsea when his Manchester United deal concludes this summer. (Source: CaughtOffside)
As they look to replace skipper Marc Guéhi, Crystal Palace have pinpointed Chelsea prospect Josh Acheampong as a future option. (Source: Daily Mail)
When choosing between Manchester City and Manchester United, Nottingham Forest midfielder Elliot Anderson is anticipated to favor the Citizens. (Source: The i Paper)
Paris Saint-Germain's newly crowned AFCON winner Ibrahim Mbaye is considered a priority target for Aston Villa and Chelsea alongside other Premier League sides before January's transfer window closes. (Source: Florian Plettenberg)
Trabzonspor's young Ivorian midfielder Christ Inao Ulaï has received an impressive offer valued at €40 million (£34.7 million, $47.1 million) from Chelsea. (Source: Africa Foot)
Overlooked Manchester City midfielder Kalvin Phillips might transfer to Premier League strugglers Wolverhampton Wanderers this month in a bid to secure regular playing time. A potential return to Leeds United has also been discussed. (Source: Daily Mail)
La Liga
La Liga

Atlético Madrid striker Julián Alvarez has received a remarkable proposal worth €100 million (£86.8 million, $117.8 million) from Saudi Pro League team Al Ahli. The World Cup champion is also reportedly targeted by Arsenal and Barcelona. (Source: Fichajes)
If Jürgen Klopp assumes control at Real Madrid, he would require "complete authority" over player acquisitions. The ex-Liverpool boss has already determined that Dani Carvajal and Ferland Mendy would have no future in his squad. (Source: The Touchline)
Barcelona would be prepared to release Marc-André ter Stegen without a fee this summer, despite having two years remaining on his deal, simply to remove his wages from their books. (Source: El Nacional)
Villarreal and Barcelona are competing for Racing Santander's promising 18-year-old midfielder Sergio Martínez. The versatile teenager is compared to Pedri in terms of potential. (Source: AS)
Rest of World
Rest of World

Cristiano Ronaldo may well hang up his boots when his Al Nassr contract concludes in summer 2027. His initial post-retirement venture could remain within the Saudi Pro League through an ownership position, with discussions about expanding his existing 15% stake. (Source: talkSPORT)
Morgan Guilavogui is poised to depart Ligue 1's unexpected title contenders Lens to join MLS club Real Salt Lake City. (Source: Santi Aouna)