Salah Eyes Liverpool Departure as Real Madrid Makes Bold Move for Haaland
Sports Illustrated compiles the most recent transfer speculation and reports from across the globe.
Premier League

Manchester United are willing to consider offers for midfielder Bruno Fernandes and have engaged in discussions with Saudi Arabian representatives regarding a potential major transfer in 2026. (Source: United In Focus)
Bayern Munich have entered the race alongside Chelsea for Nottingham Forest defender Murillo. (Source: Christian Falk)
Turkish powerhouse Galatasaray are planning an approach for Liverpool forward Mohamed Salah once he departs Anfield and may even consider pursuing the Egyptian star as soon as January. (Source: Nefes)
Bayern Munich and Liverpool are both prepared to submit January offers for Crystal Palace defender Marc Guéhi, aiming to secure a deal before Barcelona or Real Madrid can finalize negotiations for a free transfer. (Source: SPORT)
Tottenham Hotspur boss Thomas Frank is interested in reuniting with Brentford forward Kevin Schade at season's end. (Source: Florian Plettenberg)
Lyon forward Malick Fofana is anticipated to draw attention from multiple clubs in 2026, with Chelsea and Liverpool both monitoring his situation. (Source: Mark Brus)
Manchester City will consider bids of approximately €65 million (£56.6 million, $75.4 million) for midfielder Rodri this summer. Real Madrid's potential interest in the Spanish player remains unclear. (Source: Defensa Central)
Aston Villa withdrew from talks with Inter fullback Denzel Dumfries due to his substantial salary expectations. The Dutch player seeks a Premier League move and hopes for interest from Chelsea, Man Utd or Tottenham. (Source: Interlive)
Individuals close to West Ham United midfielder Lucas Paquetá have dismissed speculation about a potential return to Brazil during the January window. (Source: Claret & Hugh)
Eintracht Frankfurt are seeking to restart discussions with Newcastle United regarding a loan arrangement for striker William Osula following failed summer negotiations. (Source: Football Insider)
La Liga

Man Utd loanee Marcus Rashford is ready to turn down approaches from Paris Saint-Germain as he remains focused on securing a permanent move to Barcelona next summer. (Source: The Mirror)
Real Madrid have been notified they must pay a minimum of £120 million ($160 million) to acquire Chelsea midfielder Enzo Fernández. (Source: Fichajes)
Real Madrid representatives have held discussions with Man City striker Erling Haaland's agents regarding a possible summer transfer. Los Blancos could possess substantial funds if they sell winger Vinicius Junior to Saudi Arabia for €250 million (£217.6 million, $290.1 million). (Source: Mark Brus)
AC Milan, Borussia Dortmund, Newcastle and RB Leipzig are all monitoring Real Madrid midfielder Arda Güler, though the most serious interest comes from Arsenal and Tottenham, who are determined to secure the Turkish international's signature. (Source: Grada 3)
Chelsea and Liverpool are both eager to acquire Barcelona defender Ronald Araújo but face difficulties convincing the Spanish club to sell during January. (Source: Football Insider)