Transfer Rumours: Chelsea target Endrick as Arsenal plan to sign €150m star

Robin Bairner

Updated: 31 Jan 2026 05:48 CST
3 min read

All the biggest transfer rumours and gossip from 31 January, as Chelsea are linked with a stunning move for the Real Madrid striker, while Arsenal are plotting a route to a record move.

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Chelsea plan surprise Endrick move

Chelsea might not have made any signings yet during the January transfer window, but Real Madrid striker Endrick has emerged as a summer target for the Stamford Bridge side.

The Brazil international has been sent on loan to Lyon in France for the second half of this campaign, and though Real Madrid have no interest in selling the forward, that is not about to stop the Blues from launching an ambitious bid to sign the hitman.

Fabrizio Romano commented on the transfer rumour, with his understanding of the situation available here.

Arsenal to make double sacrifice to sign Alvarez

Arsenal are planning to sign Julian Alvarez from Atletico Madrid in the summer but in order to raise funds for the signing of the €150 million-rated Argentina international will have to allow two players to depart.

Gabriel Martinelli and Gabriel Jesus both find themselves poised to be shown the door at the Emirates Stadium as they try to find a solution to beat Barcelona to the signing of the former Manchester City attacker.

Arsenal are said to be considering a swap deal with the pair, who have both been targets for Atletico Madrid in the past.

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Premier League bosses think Guardiola is leaving

Manchester City manager Pep Guardiola will leave the club at the end of the season, according to his rivals in the Premier League.

There is a growing belief among Guardiola’s peers that he will exit the club one year before his current deal ends.

Find out the implications for City and who might take over from the former Barcelona and Bayern Munich boss here.

Transfer rumour round up

Arsenal are ready to compete with PSG for the signing of Lille midfielder Ayyoub Bouaddi. (FootMercato)

Liverpool midfielder Curtis Jones is subject to loan interest from Inter Milan. (Fabrizio Romano)

The Anfield club have made contact with Inter over the possibility of signing Denzel Dumfries. (Sky Sport Italia)

Barcelona are weighing up the possibility of signing Lisandro Martinez from Manchester United in the summer. (Fichajes)

Chelsea, Tottenham, Real Madrid, Barcelona and Liverpool have all held talks with Bayern Munich centre-back Dayot Upamecano. (TeamTalk)

Nottingham Forest are nearing a deal to sign Manchester City goalkeeper Stefan Ortega. (Florian Plettenberg)

Jhon Duran is close to leaving Fenerbahce to sign for Ligue 1 side Lille. (Nicolo Schira)

Read more about: La Liga Serie A Bundesliga Süper Lig Ligue 1 Premier League Arsenal Atlético Madrid Barcelona Bayern Chelsea Fenerbahce Inter Lille Liverpool Lyon Man City Man Utd Milan N. Forest Real Madrid Tottenham Ayyoub Bouaddi Curtis Jones Dayot Upamecano Denzel Dumfries Endrick Gabriel Jesus Gabriel Martinelli Jhon Duran Julián Alvarez Lisandro Martínez Stefan Ortega