"Arsenal and Barcelona could reportedly be set for a major transfer battle over Atletico Madrid striker Julian Alvarez, according to Ekrem Konur. Posting on X today, the Turkish journalist provided the latest information on Alvarez's future, revealing that the Argentina international could cost more than 150m, and possibly close to 200m. It seems Barca want Alvarez as their long-term successor to Robert Lewandowski, with director Deco already holding some talks over the deal."
"Arsenal were considering Julian Alvarez in the summer, his name came up, Ornstein said. You could see that sort of player coming into Arsenal. If there's going to be outward manoeuvring, then there is definitely scope for an arrival [in attacking positions]. The 25-year-old looks like he could be a good fit for Arsenal, even if he has suffered a recent dip in form, so this will surely be one to watch again, particularly if Viktor Gyokeres doesn't improve."
"See below for the details from Konur's X post ?#Atletico Julian Alvarez transfer battle! ? Arsenal considered him in summer; now competing with Barcelona. ? Atleti valuation well above 150M; figures up to 200M mentioned. ?? Deco met Alvarez's reps; Barca see him as Lewandowski's successor. ? Atletico view him https://t.co/hidTuiXge5 pic.twitter.com/hx9X6sphdz Ekrem KONUR (@Ekremkonur) January 22, 2026"
Julian Alvarez, a 25-year-old Argentina international and Atlético Madrid striker, is attracting significant interest with a valuation reportedly above €150 million and possibly near €200 million. Barcelona view him as a long-term successor to Robert Lewandowski, and club director Deco has held talks with Alvarez's representatives. Arsenal considered Alvarez in the summer and remain linked as a potential fit, particularly if current attacking options do not improve. Alvarez has experienced a recent dip in form, but his profile still matches the profiles both clubs are seeking, setting up a potential high-value transfer battle.
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