Atletico Madrid striker Julian Alvarez remains at a crossroads as the September 1 transfer deadline approaches, with Arsenal holding out hope for a potential move, despite the player's strong desire to join Barcelona.
Sources indicate that while Arsenal is actively pursuing Alvarez, securing his signature before the deadline is considered a long shot. Manager Mikel Arteta and sporting director Andrea Berta acknowledge that the player has shown little inclination to move to London, primarily because his dream remains a transfer to Barcelona. This preference is reportedly compounded by visa regulations that could complicate family visits to the UK.
Barcelona has expressed willingness to sign Alvarez, but Atletico Madrid has remained steadfast in their refusal to sell to their rivals. The Madrid club has publicly criticized Barcelona's pursuit, labeling it a "smear campaign" and stating the matter is closed, effectively jeopardizing Alvarez's preferred move.
This impasse presents a slim opportunity for Arsenal. If Alvarez is unable to fulfill his ambition of joining Barcelona, a transfer to the Emirates Stadium could become his only viable option. Recent days have seen a slight shift in Alvarez's stance, though not enough to generate significant optimism at Arsenal.
Arsenal has been confident that a Barcelona move for Alvarez was unlikely since the summer. However, the club's focus was also on acquiring other targets, including Bruno Guimaraes and Ezri Konsa, and previously pursued Vinicius Jr. from Real Madrid. With the latter extending his contract in Spain, Arsenal has intensified its efforts regarding Alvarez.
Atletico director Mateu Alemany met with Arsenal counterparts in London last week, reportedly stating that his club would demand a fee of 150 million euros (£128 million). Arsenal is reportedly confident in its financial capacity to complete such a deal quickly, should Alvarez agree to the move.
Arteta understands that Alvarez would only join Arsenal as a secondary choice if his Barcelona move fails. He is reportedly prepared for this scenario, believing the player would eventually commit to Arsenal's project. Ultimately, the decision rests with Alvarez. Sources close to the attacker suggest he wishes to leave Atletico, and the Premier League champions appear to be his only remaining option.