The January transfer window is approaching fast, and clubs across Europe are actively monitoring situations that could shape the second half of the season and beyond.
From Premier League heavyweights to continental powerhouses, a growing list of players are attracting interest amid contract uncertainty, form spikes, and long-term planning.
Below is a full roundup of the latest transfer rumours, organised by league and club.
Premier League
Manchester United
- Manchester United are prepared to pay €80 million to sign Como midfielder Nico Paz, who will return to Real Madrid in the summer but could be sold on for profit, according to Defensa Central.
- United are also tracking Jadon Sancho, whose situation is being monitored by Borussia Dortmund, Monaco and Como, per TEAMtalk.
- Alongside Arsenal and Chelsea, United are chasing Atalanta right-back Marco Palestra, though Atlético Madrid, Barcelona and Bayern Munich are also interested (CaughtOffside).
Liverpool
- Liverpool have made a €60 million bid to sign Tottenham midfielder Lucas Bergvall, according to Fichajes.
- Bournemouth winger Antoine Semenyo is prioritising a move to Liverpool over Manchester City, reports The Guardian.
- On-loan Roma left-back Kostas Tsimikas could return to Anfield in January, per Nicolò Schira.
- Liverpool have also held restorative talks with Mohamed Salah, though an exit at the end of the season remains likely (Football Insider).
Manchester City
- Manchester City, Real Madrid and Liverpool are all interested in Bayern winger Michael Olise, according to Christian Falk.
- City are lining up a potential £40 million move for Leeds United’s 17-year-old forward Harry Gray, reports Alan Nixon.
- However, Newcastle midfielder Bruno Guimarães has no interest in leaving in January despite rumours of a swap involving James Trafford (Chronicle Live).
- City striker Omar Marmoush could leave on loan, with Atlético Madrid expected to make an offer (Fichajes).
- Barcelona see City defender Joško Gvardiol as a dream target for 2026 (Mundo Deportivo via Sport Witness).
Arsenal
- Arsenal have made Gabriel Martinelli available for transfer and plan to offer him to Fenerbahçe, reports Sercan Hamzaoğlu.
- The Gunners are also monitoring Marco Palestra and have been linked with Lille wonderkid Ayyoub Bouaddi (CaughtOffside).
Chelsea
- Chelsea goalkeeper Filip Jörgensen is frustrated with his role and plans to leave in 2026, while the club remain keen on AC Milan’s Mike Maignan (TEAMtalk).
- Chelsea are also chasing Marco Palestra and are monitoring Bayern midfielder Aleksandar Pavlovic (CaughtOffside).
West Ham United
- West Ham are interested in signing Wolves striker Jørgen Strand Larsen permanently in January, according to The Athletic.
- They have also been offered Roma striker Artem Dovbyk, alongside Everton and Sunderland (Nicolò Schira).
Other Premier League
- Brighton & Hove Albion will reject all offers for Carlos Baleba until 2027 (The Times).
- Aston Villa have enquired about Barcelona goalkeeper Marc-André ter Stegen (Mundo Deportivo).
- Villa are also ready to keep Jadon Sancho until season’s end (TEAMtalk).
LaLiga
Real Madrid
- Real Madrid are actively considering loaning out Franco Mastantuono in January (Calciomercato).
- They have made Nico Schlotterbeck their top centre-back target, with Micky van de Ven as backup (Defensa Central).
- Madrid have also approached Manchester City to sign Abdukodir Khusanov on loan (Fichajes).
- Rodrygo now wants to stay at Madrid but remains watched by Bayern, Liverpool and City (Defensa Central).
Barcelona
- Barcelona are tracking Robert Lewandowski, who is being pursued by New York Red Bulls and Chicago Fire (Fichajes).
- Barça have also offered Víctor Valdepeñas a new contract with a €50m+ release clause to block Arsenal interest (AS).
Bundesliga / Europe
- Bayern Munich, Liverpool and Dortmund want Franculino Djú (Christian Falk).
- Bayern are weighing a move for Hoffenheim striker Fisnik Asllani, who has a €30m clause (Christian Falk).
- Dortmund defender Niklas Süle is on AC Milan’s radar (Nicolò Schira).
Serie A / Ligue 1 / MLS
- Inter Milan are tracking Eduard Spertsyan (Tuttosport).
- Sassuolo want Valentin Carboni (Corriere dello Sport).
- OGC Nice are weighing a move for Elye Wahi (Foot Mercato).
- Colorado Rapids are close to signing Hamzat Ojediran (Foot Mercato).
- FC Dallas are closing in on Herman Johansson (Florian Plettenberg).
- Clubs in Saudi Arabia and China are tracking free agent Tiago Ilori (Rudy Galetti).
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