Arsenal advance talks to sign £80m Atletico Madrid striker

March 26, 2026 DailyAFC Staff

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Arsenal have stepped up their pursuit of Julian Alvarez, with the club now in advanced discussions to secure the Atletico Madrid striker’s signature ahead of the summer transfer window.

Despite already signing Viktor Gyokeres in 2025, the Gunners remain determined to add another high-quality attacker to their ranks, with Alvarez identified as their primary target for a potential record-breaking move.

Atletico reluctant but player open to Premier League return

The Argentine forward has been closely monitored by Arsenal throughout the season as the club seeks to strengthen their attacking options. While Atletico Madrid are reluctant to sanction his departure, there are indications that Alvarez could be open to a return to the Premier League.

This potential willingness from the player may prove crucial in any negotiations, as growing interest from top clubs could ultimately compel the Spanish side to consider offers for their prized asset.

According to Four Four Two, Arsenal have now advanced in discussions to secure Alvarez’s signature, suggesting that initial talks between the parties have already taken place.

Gyokeres future in doubt

Arsenal’s hierarchy reportedly view Alvarez as a potential upgrade on Gyokeres, raising the possibility that the Swedish striker could be moved on if a suitable offer is received. Such a strategy would underline the club’s ambition to continually refine their squad in pursuit of sustained success.

The former Manchester City forward’s proven quality and versatility make him an attractive proposition for Arteta’s side, who are looking to elevate their attacking capabilities to an even higher level.

Any move for Alvarez is expected to require a significant financial commitment from Arsenal. The club may need to commit to a record-breaking transfer fee to complete the deal, reflecting both the player’s quality and his importance to Atletico Madrid.

In addition to the substantial transfer cost, Alvarez would likely command a considerable salary, potentially making him one of the highest earners at the Emirates Stadium. While the investment would be significant, Arsenal appear prepared to take decisive action to secure a striker they believe can make a transformative impact on their title ambitions.

The development represents Arsenal’s continued commitment to strengthening their squad with world-class talent as they look to build on their recent progress under Mikel Arteta.