Arsenal are the ‘only possible transfer destination’ for Atletico Madrid striker Julian Alvarez, according to AS.
Alvarez is one of the most sought-after players in world football, and he is attracting high-profile interest this summer.
Real Madrid made a formal £129.5 million bid for the World Cup winner yesterday, which was swiftly knocked back.
Atletico have no desire to negotiate with their arch-rivals.
Barcelona are also keen on landing the Argentine, but they don’t intend to pay more than £86m.
AS now claim that Arsenal are the only possible transfer destination for Alvarez. They hold an interest and have the financial power to pursue a deal.
A transfer still won’t be easy to finalise. The 26-year-old’s future remains uncertain despite Atletico’s desire to keep him for at least another season.
Arsenal unlikely to make record bid for Alvarez
Los Blancos recently surprised everyone with their staggering offer for Alvarez. This has set the benchmark. Atletico may want a similar fee at least to sanction his sale.
Arsenal are capable of making such a huge outlay, but we believe the club won’t break the bank for the 26-year-old, given that a striker does not appear to be the top priority.
The Gunners’ main weakness in the back end of the 2025/26 season was the left wing. Leandro Trossard and Gabriel Martinelli hardly made goal contributions in the Premier League and Champions League.
A recent enquiry was made for Juventus’ Kenan Yildiz without success, and we believe Aston Villa attacker Morgan Rogers could now emerge as the prime target for the left wing position.
Villa will look at £100m as a starting figure for the Englishman, and the price could be even higher. Arsenal are more likely to focus on him over pursuing another striker for a record fee.
Alvarez, described as ‘world-class‘ by FIFA.com, could still leave Atletico for another big European club.
Paris Saint-Germain are likewise interested and could be prepared to match Madrid’s bid to prise the striker away from Atletico.