Both were involved in unsavoury incidents during the recent COVID-19 outbreak.
Walker seemingly invited escorts to his home when the nation is meant to be in lockdown.
And Grealish was at the site of a car accident where he was reportedly driving under the influence, trying to get to a friend's house.
But The Sun claims Southgate will give both men second chances to redeem their reputation.
They could both be in the Euro 2021 squad if they play their cards right in the coming months and perform next season.
Both did apologise for their behaviour when it was made public.