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The January transfer market is typically a time of significant speculation and possible major deals. Several high-profile players find themselves connected to transfers out of their current clubs. Here is a look at some of the top figures that could be changing clubs in January.

A. Semenyo

Although the Black Stars' failure to qualify for the AFCON, this has left the player available, indications are an important transfer is imminent. This 25-year-old possesses a contract featuring a £65 million buy-out clause active for a brief window in early January. Recent reports indicate the Premier League champions have emerged as his signature. Former suitors such as Tottenham and Chelsea reportedly have turned their attention to other targets, potentially opening the door for clubs like Liverpool or Manchester United to make a late bid.

Marc Guéhi

The English defender has impress for Palace despite a previous move to Liverpool falling through. As his contract due to expire in the summer, this represents the London club's last chance to secure a fee for their captain. A host of top sides, such as City and multiple continental powerhouses like Barcelona, Real Madrid, and Bayern Munich, reportedly be interested. Yet, a January exit remains difficult, particularly given the coach's dependence on the player.

Brennan Johnson

This Welsh winger has had first-team minutes hard to come by at Spurs this campaign. Although being the club's top scorer last season, he has started just a small number of league games. It is understood the North London club would be open to a sale for the right valuation, thought to be in the region of forty million pounds. The Cherries appear to be leading the chase, with Crystal Palace, Aston Villa, and Brentford additionally credited with an interest.

Spurs value the Welsh international at approximately £40m.

Rúben Neves

This Portuguese playmaker might be set for a return to the Premier League following a spell in the Saudi Pro League. Still just 28, and with his contract expiring in the summer, he represents a potential opportunity. Clubs such as Liverpool and Manchester United have been connected to the former Wolves man. Furthermore, there are rumours from Spanish media that he would be prepared to accept a reduced salary for a move to the Spanish giants.

M. ter Stegen

The veteran Germany shot-stopper is now as the third option at Barça under new coach Hansi Flick. After fallen out of favour and undergone an operation, a winter exit seems highly likely. Villa were initially mentioned as a potential suitor, but that option now appears off. Instead, clubs from Saudi Arabia and Turkey are reportedly showing curiosity in the 33-year-old.

I. Toney

This prolific England centre-forward has kept finding the net frequently in Saudi Arabia. Coming back to the Premier League might boost his dwindling hopes of making the England squad. However, arranging a transfer poses significant challenges. His current club do not wish to part with him, and his reported huge salary make any move difficult. Tottenham, Manchester United, and Everton are all linked as interested parties.

Ivan Toney was instrumental as his Saudi club to victory in the Saudi Super Cup final.

C. Gallagher

The energetic English midfielder attracted considerable attention in the summer but stayed at Atlético. With limited starts in Spain this term, he is eager to secure more minutes ahead of the World Cup. United have been heavily connected, and a move back to Selhurst Park, where he shone on a temporary deal, remains a option, though wage demands might prove a problem.

Harvey Elliott

Although excelling and being named player of the tournament at the Under-21 European Championship in the summer, this talented player has struggled for minutes during his loan spell at Villa. Unai Emery has stated the loan move will not be made permanent. Because of FIFA regulations regarding representing multiple teams in a campaign, a return to Liverpool prior to next summer seems to be the sole viable solution.

Kenan Yildiz

The exciting Turkish attacker is in excellent form for Juventus this term. With his current deal running down, a host of English clubs – including Arsenal, Chelsea, Liverpool, and Tottenham – are keeping tabs on the situation. Juventus are eager to secure the youngster to a new long-term contract but are in a race to retain one of the continent's brightest young talents.

K. Smit

The highly-touted Netherlands midfielder has drawn comparisons to Kevin De Bruyne for his playing style. Following starring at the Under-19 European Championship, he has become a regular in the AZ first team. This 19-year-old is widely tipped to make a major transfer this month. Newcastle are believed to be leading the chase, but are facing strong rivalry from Real Madrid for a signing priced at around £22 million.