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This January transfer market is typically a period of significant speculation and possible big-money transfers. A number of high-profile players are being linked with transfers out of their present clubs. This article explores a selection of the key names who could be changing clubs this month.

Antoine Semenyo

Although Ghana's inability to qualify for the Africa Cup of Nations, which has kept the player in contention, it appears a major transfer is imminent. The Bournemouth attacker possesses a contract featuring a substantial release clause applicable for a two-week window in early January. Recent developments suggest Manchester City have emerged as his signature. Other suitors such as Tottenham and Chelsea are said to have turned their attention to other options, potentially opening the door for teams such as Liverpool or Manchester United to make a late move.

Marc Guéhi

The England centre-back has continued to excel for Crystal Palace despite a previous transfer to Anfield collapsing. As his deal set to run out in the summer, this represents the London club's last chance to obtain a transfer fee for their captain. Numerous elite sides, such as Manchester City and several European giants including Bayern Munich, Real Madrid, and Barcelona, are believed to be interested. However, a January departure remains unlikely, particularly given the manager's dependence on the defender.

Brennan Johnson

The Wales forward has had starting opportunities limited at Spurs this campaign. Although being the club's top scorer the previous campaign, he has begun only a handful of Premier League games. It is understood the North London outfit would be willing to consider a sale for the correct valuation, thought to be in the region of £40 million. Bournemouth are currently at the front of the queue, with Aston Villa, Brentford, and Crystal Palace additionally credited with an interest.

Tottenham rate the Welsh international at approximately £40m.

Rúben Neves

The Portuguese midfielder could be poised for a return to the English top flight following a spell in the Saudi Pro League. Still only 28, and with his agreement expiring in the summer, he represents a possible bargain. Teams such as Manchester United and Liverpool have been linked with the player. Furthermore, there are suggestions from Spain that he is prepared to take a pay cut for a move to Real Madrid.

M. ter Stegen

The veteran Germany goalkeeper finds himself as third-choice at Barcelona under new manager Hansi Flick. After lost his place and undergone an operation, a winter departure looks highly probable. Villa were once mentioned as a possible destination, but that option currently seems off. Instead, clubs from Saudi Arabia and Turkey are thought to be showing curiosity in the keeper.

Ivan Toney

This proven English centre-forward has continued scoring frequently in the Middle East. A return to the Premier League could enhance his dwindling hopes of making the national World Cup. But, securing a deal poses major hurdles. His current club do not wish to sell him, and his alleged huge weekly wages render any move difficult. Tottenham, Manchester United, and Everton are all linked as interested parties.

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

C. Gallagher

The energetic English midfielder attracted widespread attention in the summer but stayed at Atlético Madrid. With few starts in La Liga this season, he may be keen to secure more playing time ahead of the World Cup. United have been strongly connected, and a move back to Crystal Palace, a club he excelled on a temporary deal, remains a option, though financial constraints could prove a problem.

H. Elliott

Although excelling and winning player of the tournament at the U21 Euros in the summer, the young midfielder has struggled for minutes during his loan spell at Aston Villa. Unai Emery has stated the temporary transfer will not be made permanent. Due to FIFA regulations regarding playing for two clubs in a campaign, a move back to his parent club prior to next summer appears to be the sole available solution.

Kenan Yildiz

This highly-rated Turkey forward is in excellent form for the Italian giants this season. With his current contract nearing its end, many English clubs – such as Tottenham, Arsenal, Chelsea, and Liverpool – are monitoring the situation. Juventus are eager to secure the youngster to a new long-term agreement but are in a battle to keep one of the continent's brightest young talents.

Kees Smit

This highly-touted Netherlands midfielder has earned comparisons to a Belgian superstar for his style of play. Following impressing at the U19 Euros, Smit has become a regular in the AZ Alkmaar first team. This teenager is heavily tipped to complete a big-money transfer in January. Newcastle United reportedly are frontrunners, but are facing stiff competition from the Spanish champions for a signing valued at approximately twenty-two million pounds.