New offer of 120 million for Julián Álvarez

The future of the Argentine continues to be topical, and the January market will bring new opportunities to leave the Metropolitano

Héctor Andreu | 8 Sep 2026 | 12.06
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Arsenal does not forget about Julián Álvarez / FoxDeportes
Arsenal does not forget about Julián Álvarez / FoxDeportes

UEFA Champions League
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Liverpool Atletico Madrid
09/09/26 21:00:00
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Julián Álvarez, a 26-year-old forward and a player for Atlético de Madrid, is back in Arsenal's plans for the January market. The London team is preparing a new attempt and is considering presenting a proposal close to 120 million euros after failing to secure his signing during the summer.

The Argentine ended up staying at the Metropolitano despite seriously considering an exit. His first choice was FC Barcelona, but the addition of Gabriel Jesús to the Barcelona team significantly reduced the chances of that move being reactivated in the short term.

Arsenal Goes for Julián Álvarez Again

The interest from Arsenal is not starting from scratch. The English club already explored the necessary conditions to take Julián Álvarez from Atlético during the last market and even had talks related to a possible deal.

The negotiation did not progress before the market closed, but the scenario could reopen in January. The figure the London team is now handling is around 120 million euros, an amount with which they would try to see if Atlético's stance, which was restrictive during the summer, changes.

The benchmark set by Atlético de Madrid has been raised. The club officially rejected a 150 million euros proposal from Real Madrid on June 9 and then referred to the forward's release clause.

Álvarez also did not force his departure in the final days of August. After several weeks of uncertainty about his future, he announced that he would remain with the team and started the 2026/27 season again under the orders of the Atlético coaching staff.

Atlético de Madrid Seeks to Regain Normalcy

Staying has not resolved all problems. Julián Álvarez's willingness to consider an exit during the summer led to friction with part of the fanbase and opened a scenario that the club is now trying to normalize on the field.

The forward scored again against Athletic Club in the fourth round of LaLiga and has increased his workload during recent training sessions. Atlético's immediate goal is to regain his performance while the market remains closed.

His contract also gives room for maneuver to the club. Álvarez signed until 2030 when he came from Manchester City in the summer of 2024, so Atlético has no contractual need to sell in January.

Therefore, Arsenal must first convince the club. A 120 million proposal would still be below the 150 million that Atlético rejected from Real Madrid, setting a precedent that highlights the economic challenge of any negotiation.

New Offer for Julián Álvarez

Barcelona is No Longer the Primary Route

Another significant change involves the player's intention. During the summer, Álvarez had placed FC Barcelona as his preferred destination if he left Atlético, but the Catalan club ended up opting for an alternative.

Barcelona signed Gabriel Jesús from precisely Arsenal for an amount close to 10 million euros, realizing they couldn't secure the Argentine forward during that window.

This move positions Arsenal better if the forward considers leaving LaLiga again. The next checkpoint will come with the opening of the market in January: if the Londoners turn their intention into an offer close to 120 million, Julián Álvarez will have to decide if he entertains the proposal while Atlético de Madrid determines the figure they would be willing to accept.

This news is an automatic translation. You can read the original news, Nueva oferta de 120 millones por Julián Álvarez