The January transfer window is officially open, sparking a flurry of activity and speculation across the Premier League. Clubs are now assessing their squads and finances, with moves for elite talent potentially on the cards despite the mid-season market's traditional challenges.
Manchester City's Major Move for Semenyo
The biggest story dominating headlines is Manchester City's pursuit of Bournemouth winger Antoine Semenyo. The champions are now leading the race for the 25-year-old, whose £65 million release clause became active on 1 January 2026. Despite the intense speculation, Semenyo started for the Cherries in their match against Arsenal on Saturday 3 January, as promised by manager Andoni Iraola.
His involvement means he could directly impact the title race before a potential swift move to the Etihad Stadium. It is understood that at least five of Europe's wealthiest clubs have shown interest, but City have moved to the front of the queue, with a deal expected to reach its conclusion in the coming weeks.
Managerial Shake-Up and Liverpool's Search
In a significant managerial development, Chelsea have parted ways with Enzo Maresca after just 18 months in charge. The frontrunner to replace him at Stamford Bridge is currently Strasbourg manager Liam Rosenior.
Meanwhile, Liverpool's search for defensive reinforcements continues. The Reds, managed by Arne Slot, saw a deadline day move for Crystal Palace captain Marc Guehi collapse. Guehi, an England international, is about to enter the final six months of his contract, giving Palace a final chance to cash in. Liverpool's season has been inconsistent, with a lack of goals from players beyond top scorer Hugo Ekitike becoming a concern.
Confirmed Deals and Rejected Bids
The window has already seen one major completed transfer. Tottenham's Europa League winner Brennan Johnson has completed a £35 million move to Crystal Palace.
Elsewhere, Fulham have seen a €20 million bid for Udinese's French midfielder Arthur Atta rejected, with the Italian club having no plans to sell. In Germany, Borussia Dortmund are interested in a loan move for Manchester City's Oscar Bobb. The Norwegian winger could be allowed to leave as City pursue Semenyo.
Other Key Updates and Player Situations
Sheffield United have confirmed that loan duo Ben Godfrey (Atalanta) and Louie Barry (Aston Villa) have returned to their parent clubs after disappointing spells.
In a curious situation, Harvey Elliott is not considering a move to MLS. The midfielder is in limbo at Aston Villa, with Unai Emery stating they will not play him to avoid triggering a buy clause, and he is not in Liverpool's plans.
In South America, Neymar is set to sign a contract extension with Santos through to December 2026. The Brazilian returned to his boyhood club in 2025.
Finally, Pep Guardiola has dismissed rumours linking former assistant Enzo Maresca with a return to Manchester City as his successor, calling the speculation "just a rumour." Guardiola reaffirmed his commitment to the club, with his contract having one more year to run.
