According to English media outlet Football London, Arsenal attempted to sign Álvarez from Atlético Madrid this summer but failed. Barcelona was also interested in the striker, but Arsenal could have an advantage if it makes another attempt in the future.

Arsenal could have an advantage over Barcelona in renewing its pursuit of Álvarez next year after failing to sign the Atlético Madrid striker this summer. A few weeks ago, the 26-year-old was linked with a high-profile transfer to Arsenal, and Barcelona also applied significant pressure in the race.
Álvarez reportedly preferred joining Barcelona, but Atlético Madrid ultimately refused to deal with its La Liga rival, which was a major boost for Arsenal. However, Arteta ultimately failed to convince Álvarez to join his project. The Argentine striker will remain in the Spanish capital at least until January, when he will attempt to repair his damaged relationship with the fans. His imminent departure this summer had caused significant dissatisfaction among supporters.
It is understood that Barcelona made an official offer of approximately £85 million for Álvarez, but it was quickly rejected by Atlético Madrid. Atlético then gave a firm response when questioned about the transfer saga.
Atlético's statement said: "This is not about money, it is about dignity. The player became a victim, but the only victims in this Álvarez affair are us. Economically and socially, they have harmed us.
"Selling him to Barcelona is 0% possible. There are many lies and half-truths, and Atlético is the only one paying the price."
Now, Barcelona's sporting director Deco has also commented on the controversy. It was claimed that Barcelona had offered to pay Álvarez's transfer fee over six seasons, to which Deco responded: "No, when we made the offer, it was to be paid over three seasons, like other clubs. Some clubs even pay us over five years."
Barcelona intended to pay Álvarez's transfer fee over three seasons, which could benefit Arsenal if it plans to recruit the star in 2025.
If Arsenal makes an irrefusable offer and pays upfront, Atlético's hierarchy could be swayed, especially since staggered payments for transfer fees are now very common.
However, it remains to be seen if Arsenal is willing to do so. Although the Gunners have shown in recent years that they are willing to spend significant money on top players, the £75 million transfer fee they paid for Guimarães was also reportedly paid in installments.
According to reports, Arsenal will not pay a lump sum for Guimarães but rather £25 million in three installments.
Meanwhile, when Arsenal concluded a transfer deal with a La Liga club for Zubimendi last year, the payment was slightly above his £51 million release clause, totaling £55 million, also paid in several installments.
If Álvarez is indeed transferred next summer, given that unless Atlético significantly reduces its asking price, the deal would cost Arsenal at least £128 million, it is unclear whether Arsenal would be willing or able to pay such an amount upfront.
Traduit par IA.
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