Global Edition
Global Edition
UK Edition
EU Edition
US Edition

Understand the story, not the spin.

Markets

Arsenal pursues Julian Alvarez as Atletico Madrid open to sale

Published 26 August 2026

Arsenal is pursuing a deal for Atletico Madrid striker Julian Alvarez as the Premier League transfer window nears its September 1 deadline, but the Argentine forward's preference for a move to Barcelona has complicated negotiations. Atletico Madrid is reportedly prepared to sell Alvarez, but only to a club outside of Spain, with Arsenal emerging as the sole serious suitor.

The situation intensified after Alvarez was booed by home supporters during Atletico's 2-2 draw with Villarreal on August 23, 2026. The hostile reception at the Riyadh Air Metropolitano Stadium has reportedly softened the club's stance on retaining the player at all costs. Atletico has publicly stated it will not sell Alvarez to a direct La Liga rival like Barcelona, which has left the Catalan club's hopes of signing him extremely unlikely.

Arsenal is reportedly willing to pay a fee of approximately €150 million (£128 million) to secure Alvarez, a figure that would shatter the club's existing transfer record. The Gunners paid £105 million for Declan Rice in 2023, and this proposed deal would represent a significant increase. Manager Mikel Arteta has been personally involved in the courtship, and sporting...

Now playing
0:00 / 0:00