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The winter transfer window is typically a time of intense speculation and potential major moves. Several notable stars are being linked with transfers out of their present clubs. Here is a look at a selection of the key figures who could be changing clubs in January.

Antoine Semenyo

Despite the Black Stars' inability to qualify for the Africa Cup of Nations, which has kept the forward available, indications are a major move is close. The 25-year-old has a contract featuring a £65 million buy-out clause applicable for a brief window at the start of the month. Latest reports suggest Manchester City are now the frontrunners for his signature. Former suitors like Tottenham and Chelsea are said to have turned their attention to alternative targets, leaving clubs like Liverpool or Manchester United to attempt a last-minute move.

M. Guéhi

The England centre-back has impress for Palace this season a summer transfer to Anfield falling through. As his deal set to expire in the summer, January is the club's last opportunity to obtain a fee for their captain. A host of elite clubs, including Manchester City and multiple continental powerhouses like Bayern Munich, Real Madrid, and Barcelona, reportedly be interested. However, a January exit remains unlikely, especially given the manager's dependence on the defender.

Brennan Johnson

The Wales winger has found first-team minutes limited at Tottenham this campaign. Although being the side's leading goalscorer the previous campaign, he has begun just a handful of league matches. It is understood the London outfit would be willing to consider a transfer for the correct valuation, believed to be in the around forty million pounds. The Cherries appear to be leading the chase, with Aston Villa, Brentford, and Crystal Palace additionally credited with an interest.

Spurs value Brennan Johnson at around £40m.

Rúben Neves

The Portugal playmaker might be set for a comeback to the English top flight after a spell in the Saudi Pro League. Now just twenty-eight, and with his agreement expiring in the summer of 2026, he represents a potential bargain. Teams like Liverpool and Manchester United are linked with the former Wolves man. Additionally, there are rumours from Spanish media that he would be prepared to accept a pay cut for a switch to Real Madrid.

Marc-André ter Stegen

This experienced German goalkeeper finds himself as third-choice at Barcelona following new manager Flick. After fallen out of favour and had surgery, a winter departure looks highly probable. Aston Villa were once mentioned as a potential suitor, but that option currently seems unlikely. Instead, clubs from Turkey and Saudi Arabia are reportedly showing curiosity in the 33-year-old.

Ivan Toney

This proven England centre-forward has kept finding the net frequently in Saudi Arabia. Coming back to the Premier League might enhance his dwindling hopes of making the national squad. But, securing a transfer presents significant hurdles. His current club are reluctant to part with him, and his reported huge salary render any agreement difficult. Everton, Tottenham, and Manchester United have all been mentioned as interested parties.

The striker helped Al-Ahli to a win in the Saudi Super Cup final.

Conor Gallagher

This energetic midfielder attracted widespread interest in the summer but stayed at Atlético Madrid. With limited starting appearances in La Liga this season, he may be eager to secure more playing time ahead of the World Cup. Manchester United are strongly linked, and a return to Selhurst Park, a club he shone on loan, remains a possibility, although wage demands might prove a stumbling block.

Harvey Elliott

Although starring and being named player of the tournament at the U21 Euros last summer, this talented midfielder has found it tough for minutes during his loan spell at Villa. The manager has confirmed the temporary transfer will not be made permanent. Because of FIFA regulations regarding representing two clubs in a season, a move back to his parent club before next summer appears to be the sole viable solution.

K. Yildiz

The exciting Turkish attacker has been in excellent form for Juventus this term. As his current contract running down, many Premier League clubs – such as Arsenal, Chelsea, Liverpool, and Tottenham – are monitoring the situation. The Turin club are desperate to secure the 20-year-old to a lengthy agreement but are in a battle to keep one of the continent's most promising prospects.

K. Smit

The much-admired Dutch midfielder has earned comparisons to Kevin De Bruyne for his playing style. After impressing at the Under-19 European Championship, he has become a regular in the AZ Alkmaar side. This teenager is widely tipped to make a big-money move in January. Newcastle United are believed to be frontrunners, but are facing stiff competition from Real Madrid for a signing valued at approximately £22 million.