Julian Alvarez says 'yes' to blockbuster summer transfer

Cameron Smith
Cameron Smith
  • 13 Mar 2026 11:20 GMT
  • 5 min read
Julian Alvarez, Arsenal
© IMAGO

Atletico Madrid striker Julian Alvarez is reportedly ready to return to the Premier League this summer amid significant transfer interest from Arsenal and Chelsea.

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The Argentina international has been a standout performer for Diego Simeone’s side since his arrival at the Wanda Metropolitano in 2024, but it’s widely reported that he is likely to leave the club ahead of next season.

Current ETV
Player image Julián Alvarez
Julián Alvarez

F (C)

Atlético Madrid logo

Atlético Madrid

Julián Alvarez
Julián Alvarez

F (C)

Atlético Madrid

Atlético Madrid

€129.2M

ETV Range

€116.3M - €142.2M

Alvarez has scored 45 goals and provided 15 assists in 98 games for Atletico, including a brace versus Tottenham Hotspur in the Champions League on Tuesday night, and he is expected to become the next superstar to move clubs for a fee in excess of €100 million.

Reports in Spain suggest that Atletico Madrid could even demand close to €150m to sanction a sale this summer, although Alvarez’s representatives are understood to be in talks with a number of top clubs as they look to orchestrate a blockbuster transfer.

Barcelona are considered to be Alvarez’s priority destination, but it has been reported that Atletico Madrid have no intention of selling the 26-year-old to Hansi Flick’s side following their well-publicised pursuit of his signature.

As a result, this could open the door for Arsenal or Chelsea to pounce and TEAMtalk now claim that Alvarez is willing to return to England ahead of the 2026-27 campaign.

Although Alvarez would prefer to complete a Camp Nou switch, he reportedly wants a transfer to be finalised quickly and there are concerns over Barcelona’s ability to achieve this given their financial issues and Atleti’s desire to offload the Argentina superstar to a foreign club.

With this in mind, his representatives have been in talks with both Arsenal and Chelsea to reveal that Alvarez would be open to moving to London this summer. A deal is far from advanced, but both clubs are understood to be keeping close tabs on his situation.

Julian Alvarez, Atletico Madrid
© IMAGO - Julian Alvarez, Atletico Madrid

Verdict: Will Julian Alvarez join Arsenal?

Although Chelsea have been labelled as competitors for the signing of Alvarez, rumours have suggested that a move to Stamford Bridge is unlikely to happen, primarily due to the club’s wage structure and the fact that both Emmanuel Emegha and Dastan Satpaev will arrive this summer.

Therefore, Arsenal are considered to be the Premier League frontrunners in the race for the former Manchester City star, with Mikel Arteta keen to sign a new centre forward amid Viktor Gyokeres’ goalscoring woes this season.

A deal for Alvarez is expected to be extremely pricey, however Arsenal have been tipped to offload a number of stars this summer, including Gabriel Jesus and Benjamin White, in order to fund their 2026 transfer business.

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