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This winter transfer market is always a time of significant speculation and possible big-money transfers. Several notable footballers are being linked with transfers out of their present clubs. We examine some of the major figures who could be changing clubs in January.

A. Semenyo

Despite the Black Stars' inability to qualify for the Africa Cup of Nations, this has kept the forward in contention, indications are a major move is close. The Bournemouth attacker has a contract featuring a £65 million buy-out clause active for a two-week period at the start of the month. Latest developments indicate the Premier League champions have emerged as his signature. Other interested parties such as Chelsea and Tottenham are said to have turned their attention to other options, potentially opening the door for teams such as Manchester United or Liverpool to make a late move.

M. Guéhi

The English centre-back has impress for Palace this season a summer transfer to Liverpool falling through. With his contract due to run out in the summer, this represents the London club's last chance to obtain a fee for their skipper. Numerous top clubs, including City and multiple European giants like Bayern Munich, Real Madrid, and Barcelona, are believed to hold an interest. Yet, a winter departure remains difficult, particularly given the coach's dependence on the player.

B. Johnson

This Welsh winger has had first-team opportunities limited at Spurs this campaign. Despite finishing as the side's top scorer last season, he has begun only a small number of Premier League matches. It is understood the North London club would be willing to consider a sale for the correct valuation, believed to be in the around £40 million. Bournemouth appear to be at the front of the queue, with Aston Villa, Brentford, and Crystal Palace additionally credited with an interest.

Tottenham value the Welsh international at approximately £40m.

R. Neves

The Portuguese midfielder could be set for a comeback to the English top flight following a period in the Saudi Pro League. Still only 28, and with his contract expiring in the summer, he represents a possible opportunity. Teams such as Liverpool and Manchester United are connected to the player. Additionally, there have been rumours from Spain that he is willing to accept a pay cut for a move to the Spanish giants.

M. ter Stegen

The experienced Germany goalkeeper finds himself as the third option at Barça following the manager Hansi Flick. Having fallen out of favour and undergone an operation, a January departure seems highly probable. Aston Villa were initially linked as a possible destination, but that move currently seems off. Instead, interest from Turkey and Saudi Arabia are reportedly showing interest in the keeper.

Ivan Toney

This prolific English centre-forward has kept scoring frequently in Saudi Arabia. Coming back to the Premier League could boost his fading chances of being in the national squad. But, securing a transfer poses major challenges. His current club are reluctant to sell him, and his reported huge weekly wages make any agreement difficult. Everton, Tottenham, and Manchester United are all mentioned as interested parties.

The striker helped Al-Ahli to victory in the domestic cup final.

C. Gallagher

This dynamic English midfielder attracted considerable interest in the summer but remained at Atlético Madrid. Having few starts in La Liga this season, he is eager to secure more minutes ahead of the tournament. Manchester United are heavily linked, and a return to Crystal Palace, a club he shone on loan, is also a possibility, though financial constraints might be a problem.

H. Elliott

Although excelling and winning the best player award at the U21 Euros in the summer, this talented midfielder has struggled for minutes on loan at Villa. Unai Emery has stated the loan move will not become permanent. Due to specific rules about representing multiple teams in a season, a move back to his parent club prior to next season appears to be the sole available solution.

Kenan Yildiz

This exciting Turkish attacker has been in fine form for Juventus this season. As his current deal running down, a host of Premier League clubs – including Tottenham, Arsenal, Chelsea, and Liverpool – are keeping tabs on the situation. The Turin club are eager to secure the 20-year-old to a lengthy agreement but face a battle to retain one of the continent's brightest prospects.

Kees Smit

The much-admired Netherlands midfielder has earned comparisons to a Belgian superstar for his playing style. Following impressing at the U19 Euros, Smit has broken into the AZ side. This 19-year-old is heavily expected to make a big-money transfer this month. Newcastle United reportedly are leading the chase, but are facing strong rivalry from the Spanish champions for a signing priced at around £22 million.