Benfica will reportedly hold out for Enzo Fernandez's full €120million release clause just six months after signing him for €10million from River Plate.

Fernandez, 21, has become one of the hottest names in football since arriving at Benfica, helping his side to an undefeated group stage in the Champions League before earning his place in Argentina's World Cup squad.

After starting the group stage on the bench, Fernandez worked his way into the starting XI for the final group match against Poland, before playing every minute of Argentina's run through the knockout stages.

His rapid rise saw Fernandez become a target of both Real Madrid and Liverpool, and despite earlier reports that he would be available for €100m, the Portuguese club will now seemingly not settle for anything less than his release clause.

TOP STORY – LIVERPOOL, MADRID TOLD TO MEET €120M RELEASE CLAUSE FOR FERNANDEZ

Portuguese publication Record is reporting the €100million bid Benfica rejected came from Liverpool, with an earlier Daily Mirror story claiming the Reds had reached a pre-agreement with Fernandez on personal terms.

Liverpool have made no secret of their desire for a new midfielder, but it remains to be seen if the extra €20million to meet the release clause will be a deal-breaker.

Meanwhile, Madrid appear to be looking elsewhere, with a fresh report from AS stating they are in the driver's seat in the chase for Borussia Dortmund's Jude Bellingham, and that they view 24-year-old Juventus midfielder Manuel Locatelli as a reliable back-up plan if they land neither Fernandez or Bellingham.

ROUND-UP

– Chelsea have agreed to a £10.5million signing of 20-year-old forward David Datro Fofana from Norwegian club Molde, per Fabrizio Romano.

– According to Repubblica, Arsenal are interested in signing 27-year-old Juventus midfielder Adrien Rabiot on a free transfer at the end of the season.

– The Evening Standard is reporting Fulham, Villarreal and Bayer Leverkusen are considering January moves for Arsenal full-back Cedric Soares.

– The Evening Standard is also reporting Crystal Palace would like to bring right-back Aaron Wan-Bissaka back to the club, three years after selling him to Manchester United.

– According to Sport, Barcelona will look to move on from Raphinha at the end of the season if he does not make himself a key part of Xavi's plans.

Arsenal are looking for a player to take them to the "next level" in the January transfer window after losing Gabriel Jesus to injury, says manager Mikel Arteta.

The Gunners entered the World Cup break five points clear of champions Manchester City at the Premier League summit, leading some to tip them as contenders for a first top-flight title since 2004.

Striker Jesus has played a key role for Arsenal this season, but he underwent surgery earlier this month after suffering a knee injury during Brazil's World Cup campaign.

With reports suggesting Jesus could be absent for three months, Arteta is targeting reinforcements – though he will only move for the ideal player. 

"I never gave a date on Jesus – it will take some time, for sure. He's gone through surgery," Arteta said at a press conference to preview Monday's meeting with West Ham.

"We have to be active, we're looking to strengthen the team. This squad does not have the luxury of not maximising every transfer window. 

"It has to be the right player. We need a player that will have an impact and take us to the next level.

"We know where we are in terms of the squad and numbers. We'll be extremely cautious about what we want to do in the window."

Arteta also revealed he had face-to-face contact with the club's hierarchy during the World Cup break, in order to plan for what will likely be a congested second half of the season.

"We are always connected, and that relationship is getting stronger and stronger. It's a very special relationship right now," he said.

"The ambition is there so it's very positive to spend time together. It was spare time, so it was useful to do it in that period.

"We've done our work but the second part of the season will be very different. Matches will come very fast with big congested periods so we have to have a fit, healthy squad to maintain the level that we want.

"There are new coaches and new owners around, so the window will be interesting and we have to be active on it too."

Lionel Messi is currently holidaying in his homeland after Argentina's World Cup victory.

But the seven-time Ballon d'Or winner's club future is a hot topic, having put off any contract talks until after the event.

Messi is out of contract at Paris Saint-Germain at the end of this season, with former club Barcelona consistently linked.

TOP STORY – MESSI AGREES TO STAY WITH PSG

Lionel Messi has agreed to a one-year contract extension with PSG, according to Le Parisien.

The 35-year-old had put off contract talks until after the World Cup, which concluded on Sunday with Messi lifting the title with Argentina.

The report claims Messi and PSG have reached an agreement in principle, with the deal to be sealed once the Argentine returns to France.

ROUND-UP

– CBS's Ben Jacobs claims PSG will not let Kylian Mbappe exit the club in January and any off-season move will only be permitted at the right price. Mbappe was heavily linked with Real Madrid previously, but the move did not materialise, as he ultimately re-signed in May with the Parisians until 2025.

– Barcelona have lost interest in Manchester City midfielder Ilkay Gundogan, moving on from the idea of attempting to sign the 32-year-old on a free transfer in the off-season due to his age, claims SPORT.

– Manchester United are interested in Aston Villa's Argentina World Cup-winning goalkeeper Emiliano Martinez, claims Football Insider. That comes with David de Gea's future at Old Trafford unclear.

– Fabrizio Romano reports that Chelsea are on the verge of reaching agreement on a deal for Vasco da Gama's 18-year-old Andrey Santos. The Daily Mail claims the deal is worth £18m.

– Tottenham will rival Bayern Munich in pursuit of Borussia Monchengladbach goalkeeper Yann Sommer, according to GiveMeSport. Spurs are looking for a successor to veteran Hugo Lloris, while Bayern have lost Manuel Neuer to injury.

Diego Simeone has left the door open for Joao Felix to prove himself at Atletico Madrid but warned "no one is essential".

Joao Felix has been linked with a January exit from the LaLiga side, with club CEO Gil Marin stating this month that the Portugal forward and Simeone do not have a good relationship.

Atleti head coach Simeone has suggested Joao Felix could be allowed to move on next month.

"I want the best for Atletico, we are going to celebrate 11 years giving everything I have for the team and the club to grow," he said ahead of the Copa Del Rey tie against Arenteiro.

"I care about winning, keep improving, growing, keep focusing game by game and then everything that can happen will happen.

"No one is essential, no one, and things will be as they have to be."

The former Argentina midfielder did, however, make it clear Joao Felix could still have a future in the Spanish capital.

He added: "I have no doubt that he is a very important player.

"He had a good World Cup, with an important job for his team, participating in goals and the importance that the coach gave him to develop what he has.

"Hopefully, we can have the best Joao he showed in the World Cup and hopefully he can represent himself in our team."

One player who will be leaving Atleti is Matheus Cunha, with is poised to join Premier League club Wolves.

"Cunha is about to sign with his new club. He is a boy who gave us everything he had, we gave him everything we had," he stated.

Rather than look to the transfer market for additions to replace those who leave, Simeone expressed his intention to look within Atletico's ranks.

"I'm looking inward. For the club, I'm looking at the boys from B, who excite me and are in a great moment," he explained.

"It is a low category to compare it with LaLiga, but they are very excited, [Luis] Tevenet is working very well and if we have to raise boys for the club it is the best thing that can happen to us."

Eintracht Frankfurt chief executive Axel Hellmann claimed Cristiano Ronaldo "was even offered to us" earlier in 2022.

Ronaldo left Manchester United in November after a controversial interview with Piers Morgan signalled the end of his time with the club.

However, Ronaldo had seemingly wanted to leave United ahead of the 2022-23 campaign, with the 37-year-old eager to play Champions League football.

Eintracht chief Hellman said even the Bundesliga club, who won the Europa League last season, were offered Ronaldo as he searched for a way out of Old Trafford.

"He was also offered to us. Yes, even we were offered him," Hellman said in a documentary shown by DAZN.

Hellmann added: "I have the feeling he was offered to every Champions League club."

Ronaldo endured a poor World Cup campaign with Portugal.

Despite scoring from the penalty spot in an opening win over Ghana, becoming the first man to net at five different World Cups in the process, Ronaldo could not add to that tally.

Indeed, having started Portugal's three group matches, he was dropped to the bench by coach Fernando Santos in the knockout rounds, and had only 10 touches in what might well be his final World Cup appearance – a 1-0 defeat to Morocco.

Ronaldo is reportedly of interest to several clubs in Saudi Arabia, with Al Nassr said to be pushing to sign the striker.

Isco is a free agent after agreeing to terminate his contract with LaLiga club Sevilla.

The 30-year-old joined Sevilla on a free transfer from Real Madrid in August and made 19 appearances in the first half of the season, scoring once and providing three assists.

However, the playmaker has now left Sevilla, with the club confirming his departure on Wednesday.

Coach Jorge Sampaoli said on Tuesday that a decision on Isco's future was down to the player and the club.

Serie A heavyweights Juventus and Napoli have been linked with a move for Isco, who is also reportedly drawing interest from Premier League sides Aston Villa and Wolves.

Announcing his exit, Sevilla said in a statement: "The club wants to wish Isco all the luck in the world in his new professional challenges."

Bayern Munich are weighing up whether the "obvious solution" of bringing back Alexander Nubel from his loan at Monaco would be the most prudent move, after Manuel Neuer's shock injury blow.

Hasan Salihamidzic, the club's sporting director, has acknowledged Nubel is an option Bayern could turn to after Neuer was ruled out for the rest of the season with a broken leg.

Neuer's regular understudy Sven Ulreich may have the chance to stake a claim, but it would be no surprise if Bayern brought in another goalkeeper in January.

Whether they bring back Nubel from Monaco appears to hinge on the Ligue 1 club accepting a request to cut short his loan and on whether Bayern consider him the smart choice.

Nubel has been a regular for Monaco since joining the team in June 2021 on a two-season arrangement, having previously spent a year mostly confined to the bench with the Bundesliga champions.

Salihamidzic told Sport Bild: "It is important that we find the best solution for our team in the short term.

"Of course, Alexander Nubel would be an obvious solution. In the end, Monaco have the last word."

The injury to club captain Neuer came as he took a holiday following Germany's exit from the World Cup.

Bayern last week ruled out a move for Dinamo Zagreb keeper Dominik Livakovic, who shone at the World Cup for Croatia, with CEO Oliver Kahn saying the 27-year-old was "not within the scope of our interests".

Cristiano Ronaldo will look to resolve his club future following his World Cup disappointment with Portugal.

Ronaldo spent time training with his former team Real Madrid last week, having parted ways with Manchester United.

The 37-year-old five-time Ballon d'Or appears to have run out of options in Europe, and seemingly Saudi Arabia beckons.

TOP STORY – SAUDI GIANTS EXPECT RONALDO DEAL BY END OF 2022

Al Nassr are hoping to complete their move for Cristiano Ronaldo by the end of the year, reports Marca.

Ronaldo is said to be in Dubai and waiting to travel to Saudi Arabia, with a two-and-a-half-year contract offer on the table worth €200million.

The report claims Ronaldo will spend Christmas with family in Dubai, with Al Nassr awaiting his arrival before the close of the year.

ROUND-UP

– Paris Saint-Germain are eager to renew Lionel Messi's contract in the next few days, reports Goal. Messi's contract expires in mid-2023, and he is free to talk to clubs outside of France from January 1. Messi's former club Barcelona have shown tentative interest in the Argentina World Cup winner returning to Camp Nou, while Inter Miami have also been linked.

– Bild claims Newcastle United could be preparing a January bid for Borussia Monchengladbach forward Marcus Thuram. Gladbach reportedly want £10.5million (€12million) for the Frenchman, although the Magpies may offer below that.

– Atletico Madrid and Arsenal are targeting Brighton and Hove Albion's World Cup winner Alexis Mac Allister, according to AS.

– Mexico international goalkeeper Guillermo Ochoa is set to join Serie A club Salernitana as a free agent from America, according to Fabrizio Romano, who says Ochoa will fly to Italy on Thursday to complete the move.

– Chelsea are on the verge of winning the race for Vasco da Gama's 18-year-old Brazilian sensation Andrey Santos, reports talkSPORT.

Victor Osimhen has ruled out leaving Napoli before the end of the season, outlining his determination to see out their Scudetto bid before considering a move.

Manchester United have been touted as contenders for Osimhen's signature after terminating the contract of Cristiano Ronaldo, while Tottenham have previously been linked with the Nigeria international.

Osimhen leads Serie A's scoring charts with nine goals this season, and his superb form helped Napoli move eight points clear at the summit before the World Cup break.

Napoli have not won the Scudetto since Diego Maradona inspired them to glory in the 1989-90 campaign, and Osimhen is determined to end that drought before moving on.

"The future is this moment, it is winning something important in Italy. It is difficult to think of anything better than Napoli," he told Il Mattino.

"This is one of the greatest teams in Europe, it's an extraordinary club, and it's normal that now I'm only focused on what we have to do this season. 

"Because we haven't done anything yet, we have to win something. Then we'll see what happens."

Osimhen credits his own development to the methods of Napoli coach Luciano Spalletti, who led the side to a third-placed finish in his first campaign in charge last season.

"I always change, every day. It's important to continue to change, to grow, to always take a step forward," Osimhen said.

"My growth is linked to Spalletti, he believes in me, he gives me stimuli, makes me work hard and never lets me stop. 

"With him, everything is more simple because you understand that it's a job that he makes you do to improve further. It's just the beginning for me, I haven't reached any goal yet."

Jorge Sampaoli claimed he is not involved in making a decision over Isco's future at Sevilla.

The playmaker only joined Sevilla in August, but now looks set to depart despite having signed a two-year deal.

Isco, once a key player for both Real Madrid and Spain, has played 19 times for Sevilla this season, starting 16 games.

He has contributed to four goals, scoring one and providing three assists, while creating 22 goalscoring opportunities for his team-mates.

Indeed, Isco has already played over three times as many minutes (1,264) as he did across the whole of last season with Madrid (406).

Yet there are widespread reports that the 30-year-old has agreed to terminate his contract.

Asked about those rumours on Monday, ahead of Sevilla's Copa del Rey tie with Juventud de Torremolinos, Sampaoli told reporters it was out of his hands.

"The reality with Isco is a situation that does not involve me too much," he said.

"My role as a coach is to see what I have available and develop a job.

"Isco has a great quality that he has proved during his career, but the decision on who arrives and who leaves is not the coach's, but the club's."

Juventus, Napoli, Aston Villa and Wolves – now managed by former Sevilla, Madrid and Spain boss Julen Lopetegui – have been linked with making a move for Isco.

Bayern Munich are looking at Aston Villa's Emiliano Martinez as the potential solution to their goalkeeper issue, as Manuel Neuer is expected to miss the second-half of the season through his skiing injury.

Martinez, 30, had an interesting journeyman career before arriving with Villa in 2020, having been contracted to Arsenal, but loaned out to Oxford United, Sheffield Wednesday, Rotherham United, Wolves, Getafe and Reading.

In his first two seasons with Villa, Martinez kept 26 Premier League clean sheets, earning his Argentina debut in June 2021.

His ascension to La Albiceleste's number one saw him earn the 2021 Copa America Golden Glove as the tournament's best goalkeeper, and he followed it up with another Golden Glove after securing the World Cup title in a penalty shoot-out.

Neuer's leg fracture leaves Bayern without their first-choice goalkeeper, and with only a four-point gap atop the Bundesliga, they are reportedly desperate to secure a replacement in January.

TOP STORY – ARGENTINA WORLD CUP HERO TARGETED AS BAYERN'S NEUER REPLACEMENT

According to Media Foot, it is "out of the question" for Bayern to leave the January transfer window without a new goalkeeper, and Martinez's World Cup exploits have him at the top of the list.

He remains under contract with Villa until 2027, giving the Premier League side plenty of leverage in negotiations, and after signing him for £17million, will likely have their sights set on a significant profit to part ways with their world-class shot-stopper.

However, he is not the only keeper the German giants are keeping a close eye on from the World Cup, with Sky Sports Germany reporting they also are investigating Croatia's Dominic Livakovic and Morocco's Yassine Bounou.

That report states Bayern will try to tempt 34-year-old Borussia Monchengladbach's Yann Sommer to the club on a free transfer when his contract expires at the end of the season, but that will not address their immediate pressing need.

ROUND-UP

– Sport is reporting Barcelona are in advanced negotiations with Chelsea midfielder N'Golo Kante on personal terms, as he is able to leave Stamford Bridge on a free transfer after the season.

– Journalist Ekrem Konur claims Sevilla are the latest club to enquire about 22-year-old Angers midfielder Azzedine Ounahi, who impressed for Morocco in Qatar.

– According to GiveMeSport, Chelsea are in the race to land 18-year-old Borussia Dortmund phenom Youssoufa Moukoko when his contract expires at the end of the season, while Si Phillips adds they will also try to sign out-of-contract Manchester United prospect Alejandro Garnacho.

– Sky Sports is reporting Barcelona, Atletico Madrid and multiple Premier League clubs have taken a liking to 27-year-old Celtic right-back Josip Juranovic after his performances at the World Cup for Croatia.

– According to Fabrizio Romano, 20-year-old Italian midfielder Ibrahima Bamba will likely leave Vitoria Guimaraes in January amid interest from Atalanta, Club Brugge and unnamed Premier League sides.

Napoli director Cristiano Giuntoli insists there is "absolutely no chance" of Khvicha Kvaratskhelia leaving the club, with the winger saying he "feels so at home" with the Serie A leaders.

The Georgia international, who arrived from Dinamo Batumi in July, has played an instrumental role in Napoli's impressive start to the season, with Luciano Spalletti's side eight points clear at the Serie A summit.

No player has been directly involved in more goals this term than Kvaratskhelia (11 - scored six, assisted five), with his tally only matched by team-mate Victor Osimhen, who is the leading marksman in the Italian top flight (nine).

The 21-year-old's performances have generated interest from several clubs, with Premier League side Newcastle United reportedly making him their top target and set to offer £50 million (€57.3m) in the forthcoming January transfer window.

But when asked about the speculation, Giuntoli told SportExpress: "There is absolutely no chance of us letting him leave, regardless of how much the offer is."

Meanwhile, Kvaratskhelia feels settled in Naples, telling students during an event at the Federico II University: "Neapolitans live for football, I realised that from the very first moment I arrived here.

"The first time I played at the Stadio Maradona is when I truly felt like a professional footballer. The people of Naples expect a lot from us, so it's important to always work at the highest level. I thank them, because they give us so much love.

"Neapolitans and Georgians both put family first and foremost, which is also why I feel so at home here."

Juventus youngster Samuel Iling-Junior has signed a new contract with the Serie A giants through to the end of the 2024-25 campaign.

The 19-year-old made his senior debut for the Bianconeri in October's 4-0 league win over Empoli and has since made two further appearances in all competitions.

Iling-Junior, who was part of Chelsea's academy before joining Juve in September 2020, has assisted two goals in his three first-team outings – including one in a Champions League meeting with Benfica.

Juve confirmed on their official website on Monday that the England Under-20 international has agreed fresh terms.

Iling-Junior's previous contract had been due to expire at the end of the current campaign.

Eddie Howe laughed off Alan Shearer's suggestion that Newcastle United should sign Argentina's World Cup star Enzo Fernandez.

Fernandez won the Young Player Award at Qatar 2022 following his excellent performances in midfield for La Albiceleste, who beat France on 4-2 on penalties in a thrilling final on Sunday.

Kylian Mbappe scored a hat-trick at Lusail Stadium on Sunday, but it was Lionel Messi and Argentina who came out on top in the shoot-out after a 3-3 draw.

Benfica's Fernandez was one of the breakout stars at the tournament, featuring in all seven of Argentina's games and starting five, having scored a stunning goal in a 2-0 win over Mexico in the group stage.

Newcastle great Shearer, a BBC Sport pundit during the World Cup, quipped he would love the cash-rich Magpies to make a move for the 21-year-old, saying: "Absolutely yes. See if he wants to play against Bournemouth on Tuesday."

Naturally, ahead of that EFL Cup tie, Howe was quizzed on whether he had heard Shearer's comments.

"Sorry, I didn't, I think I was on the other channel," Howe said with a smile. "That's a mistake on my part."

Asked if he would like to target Fernandez, Howe replied: "I'm aware of him and I know him. But I think the transfer fee might be quite lumpy."

Howe also noted it would be unlikely that any team buys a player based solely off their World Cup displays.

"From a recruitment perspective you never just analyse a World Cup and sign a player on the back of those performances," he said.

"There's a huge body of work that goes into signing a player, it’s never after four weeks. There's a period of work that goes into it. It's not to say we wouldn't use the World Cup as a recruitment tool."

Howe, who also dismissed the idea Newcastle would move for Messi in January should the 35-year-old be available, is also pleased that England manager Gareth Southgate has elected to stay on with the Three Lions following their World Cup exit.

Southgate will take charge of England heading into Euro 2024, with Howe having often been cited as a possible replacement.

"The only time it affects me is sat here [in front of the media]," Howe said.

"I'm pleased Gareth made his decision so I don't have to field questions on it.

"My focus has only ever been Newcastle and making sure that we return from this break in the best possible form we can. I'm enjoying the job and loving the challenge of managing this huge club."

After playing Bournemouth, Newcastle, who sit third in the Premier League, face Leicester City on Boxing Day in their first top-flight game after the World Cup break.

Chelsea, Real Madrid and Manchester City are reportedly the three leading candidates to land prized RB Leipzig centre-back Josko Gvardiol after his excellent World Cup for Croatia.

Gvardiol, 20, has emerged as one of the top young centre-backs in the world after breaking into Leipzig's starting XI last season, and with 19 senior caps for Croatia under his belt already, he is well established on the international stage.

Having been signed from Dinamo Zagreb for €16million in 2020, that deal has proven to be a bargain, but it remains to be seen if Leipzig feel it is good business to part ways with their young star with four more years remaining on his contract.

TOP STORY - EUROPE'S TOP CLUBS CIRCLE CROATIA'S ROCK IN DEFENSE

Gvardiol may feel his future does not lie in Leipzig, but with his contract tying him to the club until 2027, he has no leverage in negotiations.

According to The Mirror, Chelsea have been planning a raid on Leipzig for months and would like to bring Gvardiol across with Christopher Nkunku, who they are said to have already secured in a future deal.

That report states Madrid are hoping to place a bid at the end of the season, but Chelsea have a January move in mind, although with Leipzig only six points off the Bundesliga summit they will likely need a stunning offer to force their hand mid-season.

That offer could come from City, who The Sun believes are preparing a €110m bid that would make Gvardiol the most expensive defender in history.

ROUND-UP

– Sky Sports is reporting Chelsea and Liverpool are closely monitoring 21-year-old Brighton midfielder Moises Caicedo, who was a standout for Ecuador at the World Cup.

– According to Foot Mercato, Fiorentina and Morocco midfielder Sofyan Amrabat is pushing for a move to Liverpool.

– Sky Sports Germany believes Manchester United will not renew the contract of goalkeeper David De Gea and will look for a replacement at the end of the season.

– Manchester United are looking to sign 25-year-old Borussia Monchengladbach striker Marcus Thuram in January, per Sport Bild.

– The Daily Mail is reporting West Ham will pursue a loan deal for United right-back Aaron Wan-Bissaka in January.