Arsenal are positioning themselves to move for Julian Alvarez if the Argentine forward signals he is ready to leave Atletico Madrid before the transfer window closes, with sporting director Andrea Berta maintaining regular contact with the player’s representatives.
The 26-year-old, who joined Atletico from Manchester City in a deal worth around €95 million in 2024, is reportedly growing frustrated with his situation in Spain. While Barcelona remain interested, Atletico are reluctant to strengthen a direct La Liga rival, leaving Premier League clubs in a stronger position should Alvarez push for an exit.
Reports suggest Arsenal are prepared to break the British transfer record if necessary, although there is optimism within the club that any eventual agreement could be reached for a lower fee. Importantly, Arsenal’s pursuit of Alvarez is said to be separate from the rest of their transfer budget, meaning a move would not necessarily prevent further attacking additions this summer.
Another major talking point has been speculation surrounding Viktor Gyökeres. Claims emerged that Arsenal had submitted a proposal worth €100 million plus the Swedish striker, but multiple reports indicate no such agreement exists. TEAMtalk reports Arsenal explored the possibility of a swap after Atletico raised the idea, but the Gunners have not made a formal offer involving Gyökeres.
The speculation has divided Arsenal supporters. Some believe Alvarez’s versatility, work rate and Premier League experience make him the ideal addition to Mikel Arteta’s attack. Others question the logic of sacrificing Gyökeres, who played a key role in Arsenal’s title-winning campaign, especially when the Swedish international has shown no desire to leave the Emirates.
For now, Arsenal remain in a waiting game. Much could depend on whether Alvarez formally pushes for a move and whether Atletico soften their stance as the transfer deadline approaches. Until then, interest is genuine—but negotiations have yet to reach an advanced stage.
