Barcelona are monitoring Harry Kane and Erling Haaland as they assess their attacking options, while Bayern Munich could turn to Nick Woltemade as a potential successor to Kane. Manchester United, meanwhile, have renewed their interest in Jarrad Branthwaite.
Barcelona are considering England and Bayern Munich striker Harry Kane, 33, and Manchester City's Norway international Erling Haaland, 26, as alternatives to Atletico Madrid and Argentina forward Julian Alvarez, 26.
Bayern Munich have been linked with Newcastle United and Germany forward Nick Woltemade, 24, who is currently on loan at Juventus, as a potential long-term replacement for Kane.
Manchester United have renewed their interest in Everton and England defender Jarrad Branthwaite, 24, following his return to action after injury problems.
Arsenal are monitoring Liverpool winger Rio Ngumoha, 18, although the Reds are keen to secure the English youngster's future with a new long-term contract.
Tottenham remain interested in Nottingham Forest and England midfielder Morgan Gibbs-White, 26, having previously attempted to sign him in the summer of 2025. Forest, however, have no intention of selling.
Real Madrid striker Endrick could be available during the January transfer window, with Manchester United among the clubs interested in the 20-year-old Brazilian.
Spain midfielder Rodri, 30, revealed that he spoke to Real Madrid manager Jose Mourinho to thank him for his interest and the way he was treated before choosing to join Barcelona from Manchester City in the summer.
Barcelona sporting director Deco has held talks with Brazil international Raphinha over a potential contract extension. The 29-year-old forward's current deal runs until 2028.
AC Milan have an option to make English forward Omari Hutchinson's loan move from Nottingham Forest permanent, with the fee for the 22-year-old reportedly close to €50m (£42.8m).