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This winter transfer window is typically a period of significant speculation and potential major transfers. A number of notable players are being linked with moves away from their present clubs. We examine some of the key figures who might be on the move in January.

Antoine Semenyo

Despite Ghana's inability to qualify for the AFCON, this has left the forward in contention, reports suggest an important transfer is close. This 25-year-old possesses a deal with a £65 million release clause active for a short period in early January. Latest developments indicate Manchester City are now the frontrunners for his services. Former interested parties like Chelsea and Tottenham are said to have moved on to alternative options, leaving teams such as Manchester United or Liverpool to attempt a late move.

Marc Guéhi

This English centre-back has excel for Crystal Palace this season a previous transfer to Liverpool collapsing. As his deal due to run out in the summer, this represents the club's last chance to obtain a fee for their skipper. Numerous top sides, including City and several European giants like Bayern Munich, Real Madrid, and Barcelona, are believed to be interested. Yet, a January exit remains difficult, particularly given the coach's dependence on the player.

B. Johnson

The Wales forward has found first-team opportunities hard to come by at Tottenham this term. Despite being the club's leading goalscorer last season, he has begun only a small number of league matches. Reports suggest the North London club is willing to consider a sale for the right price, thought to be in the around forty million pounds. Bournemouth appear to be leading the chase, with Aston Villa, Brentford, and Crystal Palace additionally showing an inquiry.

Tottenham rate Brennan Johnson at approximately £40m.

Rúben Neves

The Portugal playmaker might be poised for a return to the English top flight after a period in Saudi Arabia. Now just 28, and with his agreement ending in the summer of 2026, he is a potential bargain. Teams such as Liverpool and Manchester United are linked with the player. Additionally, there are suggestions from Spanish media that he is willing to accept a reduced salary for a move to Real Madrid.

M. ter Stegen

The veteran Germany goalkeeper finds himself as the third option at Barça under new coach Hansi Flick. Having lost his place and had surgery, a winter departure looks increasingly likely. Villa were initially mentioned as a possible destination, but that move currently seems unlikely. Instead, interest from Saudi Arabia and Turkey are thought to be showing curiosity in the keeper.

Ivan Toney

This proven England centre-forward has continued finding the net frequently in Saudi Arabia. Coming back to the Premier League could boost his dwindling chances of making the national World Cup. However, arranging a transfer poses significant hurdles. His current club are reluctant to part with him, and his alleged huge weekly wages make any agreement complicated. Tottenham, Manchester United, and Everton are all linked as admirers.

The striker was instrumental as his Saudi club to victory in the domestic cup final.

Conor Gallagher

The energetic English midfielder attracted considerable attention in the off-season but remained at Atlético. With limited starts in Spain this term, he may be keen to find more playing time ahead of the tournament. Manchester United have been heavily connected, and a move back to Crystal Palace, where he shone on a temporary deal, is also a possibility, though financial constraints could prove a stumbling block.

H. Elliott

Despite starring and winning the best player award at the Under-21 European Championship last summer, the talented player has struggled for minutes on loan at Villa. Unai Emery has confirmed the temporary transfer will not be made permanent. Because of specific rules about representing multiple teams in a campaign, a return to his parent club before next season seems to be the sole viable outcome.

K. Yildiz

This exciting Turkish forward is in excellent form for Juventus this season. With his existing deal nearing its end, a host of Premier League sides – including Arsenal, Chelsea, Liverpool, and Tottenham – are monitoring the situation. The Turin club are eager to secure the 20-year-old to a lengthy contract but are in a race to retain one of the continent's most promising young talents.

K. Smit

The much-admired Netherlands teenage midfielder has drawn parallels to a Belgian superstar for his playing style. After starring at the Under-19 European Championship, he has broken into the AZ Alkmaar side. This 19-year-old is widely expected to complete a big-money transfer this month. Newcastle are believed to be frontrunners, but are facing stiff rivalry from Real Madrid for a deal valued at around £22 million.