Arsenal hold talks with club over signing £250k-a-week striker instead of Alvarez
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Published Aug 13, 2026, 6:50 PM GMT+1
Emilio is an experienced football journalist who has worked at Football FanCast for over six years, specialising in transfer analysis, Premier League reporting and the business of football.
After graduating with first-class honours from the University of Central Lancashire in 2019, it didn't take long for Emilio to begin his journalism career at Snack Media, now Valnet.
Emilio has written for several of the company's biggest football publications, including Vital Football, The Transfer Tavern and Football FanCast. His expertise lies in assessing the credibility of transfer stories, analysing what potential deals mean for clubs on and off the pitch, and breaking down the wider implications of football's biggest talking points.
Through years of covering Tottenham Hotspur and Arsenal on a weekly basis, Emilio has developed an extensive understanding of North London's biggest clubs, their recruitment strategies and the issues that matter most to supporters. He has cultivated trusted contacts within the football industry that help inform his reporting and analysis.
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Arsenal have spent much of the summer looking for the forward capable of making a title-winning attack even more dangerous.
Julián Alvarez is the dream target, going by multiple reports, but that isn't to say Andrea Berta is throwing all his eggs in one basket.
The Argentina international emerged as Arsenal’s leading attacking target after another productive season at Atlético Madrid.
He appealed because he could solve two problems at once, operating through the middle or drifting left without weakening Mikel Arteta’s pressing game.
That flexibility became particularly attractive once Gabriel Martinelli’s future came into question.
Losing Martinelli would still leave room for another elite forward who can start from the left, and Arsenal’s pursuit of Alvarez has been serious enough to generate reported contact with Atletico, but it has never looked simple.
Julian Alvarez's career at Atletico Madrid
Season
Scope
Appearances
Goals
Assists
Yellow cards
Minutes
2024/25
All competitions
57
29
8
6
3,967
2025/26
All competitions
49
20
9
2
3,549
Total
Atletico career
106
49
17
8
7,516
The Spanish club rejected a £128 million offer from Real Madrid in June and chief executive Miguel Angel Gil Marin later insisted that bids of €100 million, €150 million or even €200 million would not be accepted.
Reuters/Vincent Carchietta
That was a public warning to Arsenal, Barcelona and every other admirer.
Alvarez remains under contract until 2030 and has become the face of Atletico’s attack since leaving Man City in 2024, and while Berta knows Atletico intimately after spending more than a decade inside the Spanish club’s recruitment department, it hasn't been enough to soften their position.
With Atletico refusing to open the door, Arsenal have continued looking at other major attacking opportunities, and that has brought Victor Osimhen back into the picture.
Arsenal discuss Victor Osimhen in talks with Galatasaray
Galatasaray's Victor Osimhen celebrates after the match
The Telegraph report that Arsenal and Galatasaray have held talks concerning the Nigeria striker.
This comes as the Turkish champions attempt to negotiate a deal for Martinelli, with Ethan Nwaneri also involved in the talks, creating an intriguing line of communication between the clubs.
There is currently no indication that a swap has been agreed, and the two possible transfers should be treated separately unless negotiations develop further, while it is also unclear who brought Osimhen up during these discussions.
Arsenal’s admiration for Osimhen is not new.
Berta travelled to Istanbul during the spring and was reported to have discussed the forward’s situation after watching Galatasaray face Fenerbahçe.
Osimhen offers a more traditional penalty area threat than Alvarez, combining explosive pace with aerial ability and ruthless finishing getting in behind defenders.
The financial challenge is enormous, though.
Galatasaray paid Napoli a Turkish record £64 million to sign him permanently last summer and have him tied down to a £250,000-per-week deal until 2029. Sky Germany reported on Thursday that they had also refused to negotiate after receiving a verbal approach from Al Hilal.
That hardly suggests a club preparing to sell cheaply.
Arsenal already have Viktor Gyökeres, but their continued interest in elite forwards shows Arteta wants greater variety.
Alvarez remains the ideal all-purpose attacker, but Osimhen is the powerful alternative now being discussed.