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The January transfer market is always a period of significant speculation and possible major moves. A number of high-profile players find themselves linked with transfers out of their current clubs. This article explores a selection of the top figures that could be on the move this month.

Antoine Semenyo

Despite Ghana's inability to reach the Africa Cup of Nations, which has kept the player available, it appears a major move is imminent. This 25-year-old has a contract with a substantial buy-out clause applicable for a two-week period in early January. Recent reports suggest the Premier League champions have emerged as his services. Former interested parties like Chelsea and Tottenham are said to have turned their attention to alternative options, potentially opening the door for clubs like Manchester United or Liverpool to make a last-minute bid.

M. Guéhi

The English defender has continued to excel for Crystal Palace this season a summer move to Liverpool falling through. With his deal due to run out in the close season, this represents the club's final opportunity to secure a fee for their skipper. Numerous elite clubs, such as Manchester City and multiple European giants including Bayern Munich, Real Madrid, and Barcelona, reportedly be interested. However, a January departure remains difficult, particularly given the manager's reliance on the defender.

B. Johnson

The Wales forward has had starting minutes limited at Spurs this campaign. Although finishing as the club's top scorer last season, Johnson has started just a handful of league games. Reports suggest the North London outfit is open to a transfer for the right price, believed to be in the region of £40 million. The Cherries are currently leading the chase, with Crystal Palace, Aston Villa, and Brentford also credited with an inquiry.

Spurs value Brennan Johnson at around £40m.

R. Neves

The Portuguese playmaker might be poised for a return to the English top flight after a period in Saudi Arabia. Now just 28, and with his agreement expiring in the summer, he is a potential bargain. Clubs like Liverpool and Manchester United are linked with the former Wolves man. Furthermore, there are suggestions from Spanish media that he is willing to accept a pay cut for a move to Real Madrid.

M. ter Stegen

This experienced German goalkeeper finds himself as third-choice at Barcelona following the coach Flick. After lost his place and had an operation, a winter exit looks highly likely. Aston Villa were once linked as a potential suitor, but that move currently seems unlikely. Instead, clubs from Turkey and Saudi Arabia are reportedly expressing interest in the keeper.

Ivan Toney

The prolific English striker has continued finding the net regularly in the Middle East. Coming back to the Premier League could boost his fading hopes of making the national World Cup. But, arranging a deal presents major challenges. Al-Ahli are reluctant to part with him, and his alleged huge weekly wages render any move complicated. Everton, Tottenham, and Manchester United have all been linked as interested parties.

Ivan Toney was instrumental as Al-Ahli to victory in the domestic cup showpiece.

C. Gallagher

This dynamic midfielder attracted considerable attention in the summer but remained at Atlético Madrid. Having few starting appearances in La Liga this term, he is keen to secure more minutes ahead of the tournament. Manchester United have been heavily linked, and a move back to Crystal Palace, a club he shone on loan, remains a possibility, although wage constraints might prove a problem.

H. Elliott

Despite starring and winning the best player award at the Under-21 European Championship last summer, this young player has struggled for minutes during his loan spell at Villa. The manager has stated the temporary transfer won't become permanent. Because of specific rules regarding playing for two clubs in a campaign, a move back to Liverpool prior to next season seems to be the only available outcome.

Kenan Yildiz

The exciting Turkish forward has been in fine form for the Italian giants this term. As his existing deal nearing its end, many Premier League clubs – such as Arsenal, Chelsea, Liverpool, and Tottenham – are keeping tabs on the situation. The Turin club are eager to secure the youngster to a new long-term contract but face a race to retain one of the continent's brightest prospects.

K. Smit

The highly-touted Dutch midfielder has earned comparisons to Kevin De Bruyne for his playing style. After starring at the U19 Euros, he has broken into the AZ side. The 19-year-old is widely expected to complete a big-money transfer this month. Newcastle reportedly are frontrunners, but could face stiff competition from Real Madrid for a signing valued at approximately twenty-two million pounds.