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Julián Álvarez, a 26-year-old Argentine forward, is at the forefront of the latest news from Atlético de Madrid as he once again becomes one of Arsenal's main targets for the January transfer window. The English club is preparing a new offensive after considering a deal close to 120 million euros during the summer, as reported by TEAMtalk.
The main news is that Julián Álvarez may be willing to consider an offer from the London team. The Argentine had prioritized a move to FC Barcelona, but Atlético's refusal to negotiate with the Catalan club could alter his plans.
Arsenal are ready to make a fresh attempt to lure Julian Alvarez to North London in January, with the Atletico Madrid striker now seriously considering a move to the Emirates Stadium, sources have confirmed to @TEAMtalk . https://t.co/0OebVmv5ju
— Graeme Bailey (@GraemeBailey) October 7, 2026
Julián Álvarez could accept an offer from Arsenal in January
Arsenal has been working for several months on the possible signing of the Argentine international. During the past summer, their sporting director, Andrea Berta, held talks with Mateu Alemany to discuss the conditions of a transfer.
Negotiations did not progress because Álvarez preferred to continue his career at FC Barcelona. However, Atlético Madrid ruled out facilitating his move to a direct rival in LaLiga, despite the player's interest in joining the Blaugrana.
Now, according to TEAMtalk, the striker's stance might be changing. The Argentine remains unsatisfied with his situation at the Metropolitano and is beginning to seriously consider the possibility of playing in London during the second half of the season.
The operation would also not be straightforward from an economic standpoint. Álvarez is under contract until June 2030, allowing Atlético to demand a figure close to the 120 million euros that were discussed during the last transfer window. Julián Álvarez has made a crucial decision in recent days, changing agents.
His performance is also under scrutiny. The forward has yet to score in the early LaLiga fixtures, having netted six goals in the same period last season. This coincides with the increasing prominence of Jonathan David in Atlético's attack.
Atlético Madrid could receive players from Arsenal
One possibility being considered by Arsenal is to include players in the negotiations to reduce the financial outlay. The names on the table are Viktor Gyökeres, Ethan Nwaneri, and Noni Madueke.
Madueke's case is particularly interesting. According to reports in England, the winger is attracting the interest of Atlético and Juventus after playing only 27 minutes in the Premier League in the current season's early stages.
The 24-year-old English player may seek an exit in January to secure more playing time. His situation could lead to exploring a deal involving movements in both directions, although there is currently no agreed-upon exchange.

Gyökeres could go the other way
Also, Gyökeres's name, which was discussed during the summer talks, reappears. The Swedish striker could be part of a broader proposal, provided the clubs reach an agreement on his economic valuation.
Currently, the next move lies with Mikel Arteta's team, which has just extended his contract until 2030. Arsenal will have to decide whether to make a new offer in January and which players they would be willing to include. Atlético's response will depend on the financial conditions and Julián Álvarez's final decision.
This news is an automatic translation. You can read the original news, Julián Álvarez tiene una opción para irse del Atlético en enero
