As the January transfer window rolls towards its final days, Football London has taken another look at the potential transfer activity around Arsenal
09:32, 31 Jan 2026
LONDON, ENGLAND - OCTOBER 21: Declan Rice of Arsenal tackles Julian Alvarez of Atletico Madrid during the UEFA Champions League 2025/26 League Phase MD3 match between Arsenal FC and Atletico de Madrid at Arsenal Stadium on October 21, 2025 in London, England. (Photo by Catherine Ivill - AMA/Getty Images)
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Julian Alvarez featured against Arsenal in the Champions League earlier this season(Image: Catherine Ivill - AMA, Getty Images)
Arsenal return to Premier League action this weekend, but their gaze may also be fixed on the looming transfer deadline this Monday.
The Gunners have until 2nd February to wrap up any potential new signings, should they decide to delve into the market. Mikel Arteta and his team are currently gearing up for a clash with Leeds United in the Premier League this weekend, eager to bounce back from last week's defeat at the hands of Manchester United.
The Gunners did manage to secure a victory against FC Kairat in the Champions League midweek which completed a fantastic 100% record in the table phase. But now the focus shifts back to their pursuit of the Premier League title.
In terms of transfers, Arsenal are being linked with a number of potential recruits, though it remains uncertain whether any fresh faces will join before Monday's deadline. football.london provides a rundown of some of the latest Arsenal transfer news and rumours which have been making waves over the past day.
Julian Alvarez claim
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Reports suggest Arsenal are keen on securing the services of Atletico Madrid star Julian Alvarez. TEAMtalk has reported the Gunners are eyeing a move for Alvarez, hinting some players might be included in the deal heading the other way.
It claims Arsenal have been regularly scouting Alvarez in recent weeks, with two players being touted as part of a potential swap deal. Arteta's side may offer Gabriel Martinelli and Gabriel Jesus as part of a potential swap arrangement for Alvarez, according to the report.
However, if this was to be carried out, it would not be this month, but rather in the summer transfer window.
Eduardo Camavinga interest
Lisbon, Portugal - January 28: Real Madrid's Eduardo Camavinga during the UEFA Champions League 2025/26 League Phase MD8 match between SL Benfica and Real Madrid C.F. at Estádio da Luz on January 28, 2026 in Lisbon, Portugal. (Photo by Torbjorn Tande/DeFodi Images/DeFodi via Getty Images)
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Camavinga has been linked with a variety of Premier League clubs(Image: DeFodi Images, DeFodi Images via Getty Images)
Arsenal have emerged as one of several clubs reportedly monitoring Real Madrid midfielder Eduardo Camavinga. According to Caught Offside, the Gunners are set to go head-to-head with Liverpool for Camavinga's signature this summer, though it remains uncertain whether the La Liga giants would be willing to sanction his departure.
Liverpool are cited in the report as showing the keenest interest at present, but Arsenal are also understood to be exploring options to strengthen their midfield ranks, with Camavinga identified as a possible target.
Camavinga's valuation has been put at around £86million (€100million), though reports also suggest Real would be reluctant to part with the midfielder at any price.
Zinchenko 'completes medical'
NOTTINGHAM, ENGLAND - DECEMBER 30: Everton's Tyler Dibling competing with Nottingham Forest's Oleksandr Zinchenko (right) during the Premier League match between Nottingham Forest and Everton at City Ground on December 30, 2025 in Nottingham, England. (Photo by Andrew Kearns - CameraSport via Getty Images)
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Zinchenko struggled on loan at Nottingham Forest(Image: Andrew Kearns - CameraSport, CameraSport via Getty Images)
Oleksandr Zinchenko is reportedly nearing a permanent departure from Arsenal. Sky Sports journalist Anthony Joseph has reported Zinchenko has now undergone a medical ahead of a move to Ajax, with a permanent transfer close to completion.
Zinchenko spent the opening half of the campaign on loan at Nottingham Forest, but now looks set to leave Arsenal permanently for the Eredivisie.
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