Vinicius Junior Weighs Shock Real Madrid Exit as PSG Prepares Massive €150 Million Swoop
Sports Illustrated compiles the most recent transfer speculation and rumors from across the globe.
Premier League

North London clubs Tottenham Hotspur and Chelsea are reportedly pursuing Nico Williams, with both teams ready to table €70 million (£61.5 million, $80.6 million) bids for the Spanish winger. His recent contract extension during the summer may hinder any potential move. (Source: Fichajes)
Arsenal and Manchester City are poised to compete for Spanish U21 talent Rodrigo Mendoza. The Elche midfielder reportedly has a release clause of approximately £17.6 million ($23 million) and has been touted as Cesc Fàbregas' successor. (Source: Il Messagero)
In other news, the Gunners are nearing completion of Bukayo Saka's contract extension. Discussions have reached the "concluding phase" with Saka anticipated to commit until June 2030. (Source: Fabrizio Romano)
Everton intend to allow Idrissa Gueye's contract to expire as the Toffees prepare for a midfield overhaul. Both Gueye and James Garner have been regular features under David Moyes, with Scott McTominay mentioned as a potential acquisition. (Source: Football Insider)
Manchester United are open to Joshua Zirkzee's departure during the winter window, with Roma showing interest in the Dutchman's return to Serie A. Discussions regarding a possible loan arrangement could feature a purchase obligation if Roma secures Champions League qualification. (Source: Tuttomercatoweb)
Inter Milan have revived their pursuit of Aston Villa keeper Emiliano Martínez. With Yann Sommer's contract extension still pending, the door remains open for a potential switch. Villa previously turned down an approach from the Italian club in 2023. (Source: Flashscore)
Eintracht Frankfurt are reportedly keen on acquiring Brentford midfielder Vitaly Janelt. The 27-year-old hasn't committed to fresh terms with the Bees and might depart in January without progress in contract discussions. (Source: TEAMtalk)
West Ham observed Norwich City forward Josh Sargent as the club considers potential reinforcements. The USMNT squad player has netted five goals with two assists in the Championship this season. (Source: Football Insider)
Dayot Upamecano has apparently dismissed Liverpool as a possible destination. The Bayern Munich center-back appears to favor moves to Real Madrid or Paris Saint-Germain should he exit Germany. (Source: Christian Falk)
Juventus are reviving their interest in Granit Xhaka. The Sunderland midfielder is considered among the Premier League's standout signings this season, with general manager Damien Comolli viewing him as an ideal enhancement for Luciano Spalletti. (Source: Tuttosport)
La Liga

Real Madrid are formulating a €150 million ($172.8 million) bid for PSG playmaker Vitinha. However, the defending Champions League holders have no desire to part with the Portuguese midfielder. (Source: Fichajes)
Los Blancos and Vinicius Junior have resumed contract negotiations after a turbulent summer period. The Brazilian wishes to remain at Madrid despite recent tensions with manager Xabi Alonso. (Source: AS)
Fenerbahçe have emerged as the newest suitors for Barcelona forward Robert Lewandowski. The Turkish outfit are pushing for an 18-month agreement, though Lewandowski desires an additional year. (Source: Fichajes)
Michael Olise has been identified as a possible successor to Rodrygo at Real Madrid. Bayern have no plans to release the French talent, but Los Blancos remain open to offensive additions should their No. 11 move on. (Source: Defensa Central)
Real Madrid might snatch La Masia prospect Ebrima Tunkara from their rivals' grasp. The 15-year-old's deal with Barça expires in June, and his adaptability in midfield and wide positions has attracted Los Blancos' interest. (Source: Fichajes)