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This January transfer window proves to be a period of significant speculation and possible major deals. A number of high-profile players are being linked with transfers out of their current clubs. We examine a selection of the top figures that might be on the move this month.

Antoine Semenyo

Despite Ghana's failure to reach the Africa Cup of Nations, which has left the player available, reports suggest a significant move is close. The Bournemouth attacker possesses a contract with a sizeable release clause applicable for a short period at the start of the month. Latest developments indicate the Premier League champions look to have won the race for his services. Other interested parties like Chelsea and Tottenham reportedly have turned their attention to other targets, leaving clubs like Manchester United or Liverpool to make a last-minute bid.

Marc Guéhi

The English centre-back has impress for Palace this season a summer move to Anfield falling through. As his contract due to run out in the summer, this represents the club's last chance to secure a fee for their captain. A host of top sides, such as City and several European giants like Barcelona, Real Madrid, and Bayern Munich, reportedly hold an interest. Yet, a winter departure is considered difficult, especially given the manager's reliance on the player.

Brennan Johnson

The Welsh forward has found starting minutes hard to come by at Tottenham this term. Although finishing as the club's leading goalscorer the previous campaign, Johnson has started just a small number of Premier League matches. It is understood the North London outfit would be open to a sale for the right valuation, thought to be in the around forty million pounds. The Cherries appear to be leading the chase, with Crystal Palace, Aston Villa, and Brentford additionally showing an interest.

Spurs rate Brennan Johnson at around forty million pounds.

Rúben Neves

This Portugal playmaker might be set for a comeback to the English top flight after a period in the Saudi Pro League. Still only 28, and with his contract ending in the summer of 2026, he is a potential bargain. Clubs such as Manchester United and Liverpool are linked with the player. Furthermore, there have been rumours from Spanish media that he is prepared to take a reduced salary for a move to Real Madrid.

M. ter Stegen

This experienced Germany goalkeeper is now as the third option at Barça under the manager Hansi Flick. After fallen out of favour and had an operation, a January departure seems highly likely. Aston Villa were initially linked as a possible suitor, but that move now appears off. Instead, clubs from Turkey and Saudi Arabia are thought to be expressing curiosity in the 33-year-old.

I. Toney

The prolific England centre-forward has kept scoring regularly in the Middle East. Coming back to the Premier League might boost his dwindling hopes of being in the England World Cup. However, arranging a deal poses major challenges. Al-Ahli do not wish to sell him, and his reported huge salary render any agreement difficult. Everton, Tottenham, and Manchester United are all linked as admirers.

The striker helped his Saudi club to a win in the domestic cup showpiece.

Conor Gallagher

This energetic English midfielder drew considerable interest in the off-season but remained at Atlético. With limited starts in La Liga this term, he is eager to secure more minutes ahead of the World Cup. Manchester United have been heavily linked, and a move back to Selhurst Park, a club he excelled on loan, is also a option, although wage constraints could be a stumbling block.

Harvey Elliott

Although excelling and winning player of the tournament at the Under-21 European Championship last summer, this young player has found it tough for game time during his loan spell at Aston Villa. The manager has confirmed the temporary transfer won't become permanent. Due to FIFA regulations about representing multiple teams in a campaign, a return to Liverpool before next season appears to be the sole viable outcome.

K. Yildiz

The exciting Turkey attacker has been in excellent form for Juventus this season. As his existing deal running down, many English sides – such as Tottenham, Arsenal, Chelsea, and Liverpool – are monitoring the situation. The Turin club are desperate to secure the youngster to a lengthy agreement but face a race to retain one of Europe's brightest young talents.

Kees Smit

This much-admired Dutch teenage midfielder has drawn comparisons to Kevin De Bruyne for his style of play. Following starring at the Under-19 European Championship, he has become a regular in the AZ Alkmaar first team. This teenager is heavily expected to complete a big-money move this month. Newcastle United reportedly are frontrunners, but are facing strong competition from the Spanish champions for a signing priced at around £22 million.