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Arsenal hold talks over potential Alvarez-Gyokeres swap deal

Published 23 August 2026

Arsenal have intensified their pursuit of Atletico Madrid striker Julian Alvarez, holding talks over a potential deal that could see Viktor Gyokeres move in the opposite direction as the summer transfer window enters its final week. The move comes after the Gunners began the defense of their Premier League title with a convincing 3-0 victory over Coventry City on Friday evening.

While Alvarez has publicly expressed a desire to join Barcelona, Atletico Madrid have refused to sell to their Spanish rivals and have opened the door for a return to England. According to reports, the Madrid club would be prepared to sanction a move should they receive a suitable offer, with negotiations reportedly taking place in London. Arsenal have also reportedly tabled a proposal involving Swedish striker Viktor Gyokeres, who joined last summer but has not secured a consistent starting role, plus a fee to acquire the Argentina international. Alvarez remains in the Atletico squad and is expected to feature against Villarreal on Saturday, though he is set to receive a hostile reception from fans following his comments.

The 2025-26 Premier League champions have been proactive in the market, already...

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