Latest transfer news today: Arsenal given fresh Julian Alvarez hope as Liverpool eye former midfielder

The transfer market may be closed, but that has not stopped clubs from planning their next moves.

Across Europe, recruitment departments are keeping a close eye on potential targets as preparations continue for the upcoming January window.

With several big names generating fresh speculation, Football Whispers explores the biggest transfer talking points dominating today's headlines.

Arsenal handed fresh Julian Alvarez hope

Arsenal have been handed renewed hope in their pursuit of Atletico Madrid forward Julian Alvarez after Barcelona reportedly ruled themselves out of the race for the Argentine.

According to reports in Spain, Hansi Flick has informed Barcelona's hierarchy that signing a left-sided centre-back is a greater priority than strengthening in attack, despite Alvarez's desire to leave Atletico.

The 26-year-old is understood to be weighing up his future amid tensions with sections of the Atletico fanbase, having already attracted interest from Arsenal and Paris Saint-Germain during the summer transfer window.

Barcelona are not expected to revisit a move for the striker, potentially leaving Arsenal and PSG in a stronger position should Alvarez push for a departure in January.

Adam Wharton tops Chelsea shortlist

Chelsea are continuing to assess midfield targets ahead of the January transfer window, with Crystal Palace star Adam Wharton high on their shortlist.

The Blues have been discussing long-term options since the departure of Enzo Fernandez, with Wharton and Bournemouth midfielder Alex Scott emerging as their preferred candidates, according to reports.

The 22-year-old has impressed since establishing himself at Selhurst Park, while Chelsea remain prepared to invest heavily in midfield after deciding against pursuing a short-term solution in the free-agent market.

Although no final decision has been made, Wharton is expected to remain firmly under consideration as Chelsea weigh up whether to launch a move in January or wait until next summer.

Liverpool consider Tyler Morton return

Liverpool are keeping a close eye on Tyler Morton's progress at Lyon just over a year after selling the midfielder to the French club.

The 23-year-old joined Lyon in a deal worth up to £15m and has since become a key figure under Paulo Fonseca, with his performances attracting attention from several Premier League sides, per new reports.

Liverpool are understood to be among the clubs monitoring Morton, having retained a 20% sell-on clause when they sanctioned his departure from Anfield last summer.

While a return remains far from certain, the Reds are continuing to track the academy graduate's development as interest in one of Ligue 1's standout midfield performers continues to grow.