Arsenal remain firmly interested in Julian Alvarez despite the Argentina international making it clear that he wants to leave Atletico Madrid and favours a move to Barcelona.
The striker’s future has become one of the dominant transfer stories of the summer after he publicly admitted that he had spoken to Atletico officials about a potential departure.
Those comments immediately intensified speculation surrounding the 26-year-old, but the situation remains far from straightforward.
Barcelona are understood to be Alvarez’s preferred destination and reports from Spain suggest personal terms would not be an issue if a deal became possible.
However, Atletico Madrid are reportedly determined not to strengthen a direct rival and would rather sell the striker abroad than negotiate with the Catalan club.
That stance has kept Premier League clubs alert.
Arsenal have admired Alvarez since last summer and their interest has remained active despite the striker’s move to the Spanish capital.
According to information from HandofArsenal, Mikel Arteta is a huge admirer of the World Cup winner and wanted the club to remain involved in the race following Arsenal’s successful campaign.
The report also claims sporting director Andrea Berta has maintained contact with Alvarez’s camp for more than a year and has explored various structures that could potentially make a deal possible.
Berta’s long-standing relationships within Atletico Madrid have helped Arsenal remain informed about developments surrounding the player.
Importantly, Arsenal are not believed to have formally submitted an offer at this stage.
Nevertheless, Atletico Madrid are understood to be fully aware of the Gunners’ interest.
One intriguing aspect of the situation is Atletico’s reported admiration for Viktor Gyokeres.
The Sweden international enjoyed an outstanding debut campaign at Arsenal, helping the Gunners win the Premier League title while establishing himself as one of the division’s most productive forwards.
While there is no indication Arsenal are willing to part with Gyokeres, Atletico’s interest has led to discussions about whether alternative deal structures could theoretically be explored.
Barcelona are not the only club monitoring the situation.
Paris Saint-Germain were previously credited with interest, although reports suggest the French champions have cooled their pursuit for now.
Even so, Alvarez’s quality means few would be surprised if additional suitors emerge later in the window.
The player’s preference remains Barcelona.
Yet Atletico’s refusal to cooperate with the Spanish champions could ultimately reshape the market.
Sources close to the situation also dismiss suggestions that Alvarez is reluctant to return to England because of the climate or lifestyle.
In fact, it is claimed the Argentine would be very open to joining Arsenal should a move to Barcelona prove impossible.
For now, Arsenal’s interest remains genuine but informal.
The Gunners are monitoring developments closely, aware that the striker’s dream move and Atletico’s transfer stance could ultimately decide whether a realistic opportunity emerges.