Arsenal has started ownership-level talks with Atletico Madrid over a potential transfer for Argentina forward Julian Alvarez, according to Sky Sports and Talksport.
Gunners sporting director Andrea Berta is leading the interest in the 26-year-old attacker, whom Atletico Madrid values at over £100 million.
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Arsenal has explored including 28-year-old Swedish striker Viktor Gyokeres as part of a player-plus-cash proposal to reduce the financial demands.
Atletico's Stance and Alvarez's Desire
Atletico Madrid previously rejected an £86 million bid from Barcelona and dismissed an approach from Real Madrid valued at £129 million, pointing to the player's £432 million release clause.
Alvarez publicly acknowledged his desire to move ahead of the decision.
"I spoke with people at the club, with those I had to speak with and the best thing for everyone is a transfer and I want to fulfill my dream," said Alvarez.
The Argentine international, who scored 49 goals across his last two seasons in Spain, stressed that his immediate focus remained on international duty before resolving his future.
"It's not the time to talk about this, but I also can't hide it. I try to be an honest person.
It's not known when it will be resolved," added Alvarez.
Pundits Weigh In
Former Manchester United midfielder Paul Scholes publicly urged Premier League clubs to secure the forward despite Atletico's steep evaluation.
"If Atletico Madrid want £100m, any big club needs to go and get him," said Scholes on The Good, The Bad & The Football podcast.
