Overview
- Arsenal have spoken with Julián Álvarez’s camp over personal terms and offered a promise to use him through the middle rather than out wide, according to multiple reports.
- Several outlets report the forward prefers Barcelona over a Premier League return or PSG, with Barça internally treating him as a priority target under Hansi Flick.
- Atlético Madrid want roughly €120m in cash and have pushed back on swap deals, while holding strong leverage with Álvarez under contract until 2030.
- Barcelona are expected to cap any offer near €100m due to LaLiga spending rules, so player sales or wage moves would be needed before talks can progress.
- Arsenal are exploring funding options that could include a Kai Havertz sale, PSG remain interested, and no club has filed a formal bid, leaving the market at a standstill unless Álvarez makes his wishes explicit.