With the January transfer window now beginning to come into view, several of Europe's biggest clubs are already keeping a close eye on potential targets, with Bayern Munich, Arsenal and Liverpool both monitoring attacking players who could make moves in the coming months.
Football Whispers looks at the latest transfer stories making headlines this morning.
Bayern Munich keep tabs on struggling Florian Wirtz
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Bayern Munich remain interested in Liverpool midfielder Florian Wirtz despite the German international's difficult start to life at Anfield.
According to TEAMtalk, Bayern's admiration for Wirtz has not diminished, with the Bundesliga giants having been among his most prominent suitors before Liverpool agreed to sign him for £116m in 2025.
Wirtz endured a disappointing first season in England by his high standards, scoring just five goals and providing three assists in 33 Premier League appearances as he struggled to consistently reproduce the form that had made him one of Germany's most highly rated players.
His difficult start has continued into the new campaign, with the 23-year-old failing to score in his first five matches and registering just one assist, increasing the scrutiny surrounding his performances.
There are reportedly concerns within Liverpool about whether Wirtz can reach the exceptional levels expected when he arrived from Germany, although the club have no current plans to sell him.
Bayern, meanwhile, continue to monitor the situation closely and could reassess their interest at the end of the season if Wirtz fails to make the expected improvement.
Arsenal monitor Nico Paz
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Arsenal are reportedly keeping tabs on Como midfielder Nico Paz ahead of a potential move for the Argentine in January 2027.
According to ElDesmarque, the Gunners are closely monitoring the 22-year-old after his impressive rise in Serie A and could make a formal approach during the January transfer window.
However, any potential move remains complicated by Real Madrid's continued influence over Paz's future, with the Spanish giants holding an €80m buy-back clause that becomes active in summer 2027.
Como agreed to pay €60m for 100% of Paz's rights in June, but Madrid retained the option to bring the midfielder back to the Bernabeu for €80m.
Paz has flourished since leaving Madrid in 2024, becoming a key player under Cesc Fabregas after recording six goals and nine assists in 35 Serie A appearances during the 2024-25 campaign.
He then improved those numbers with 12 goals and seven assists in 35 league games last season, helping Como qualify for the Champions League.
Paz has continued his strong form this season, scoring in Como's 4-1 victory over Genoa and establishing himself as the team's primary number 10.
Liverpool line up Rayan as potential record signing
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Liverpool could make a move for Bournemouth winger Rayan next summer, with the 20-year-old emerging as a potential long-term target at Anfield.
According to Football Insider, the Reds are strongly admirers of the Brazilian, with manager Andoni Iraola also understood to be a major admirer following their time together at Bournemouth.
Rayan has a £130m release clause in his contract which becomes active in 2027, although Liverpool may be reluctant to meet such a significant valuation despite recently spending more than £100m on Alexander Isak, Florian Wirtz and Bradley Barcola.
The Reds have been searching for a new right-winger since Mohamed Salah's departure in June, but they failed to land their preferred targets during the summer transfer window.
That could see Liverpool turn their attention towards Rayan, who has attracted interest from several Premier League clubs since joining Bournemouth last summer.
Iraola could play an important role in any potential deal, with the Spaniard already familiar with the 20-year-old from their time on the south coast.
However, Liverpool and the other clubs monitoring Rayan's situation could struggle to justify activating his £130m clause, meaning any potential move is more likely to be considered in the longer term.