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    Julian Alvarez transfer choice revealed with Chelsea and Arsenal ‘ready to break the bank’

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    By Eleanor Brooks on February 5, 2026 World News
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    Julian Alvarez transfer choice revealed with Chelsea and Arsenal ‘ready to break the bank’ | Football

    Two-minute read

    Arsenal and Chelsea expressed strong interest in signing Julian Alvarez this summer, with both clubs willing to make substantial offers. However, the Atletico Madrid forward favoured a move to Barcelona. Arsenal’s sporting director, Andrea Berta, played a pivotal role in Alvarez’s previous transfer from Manchester City, which took place in summer 2024.

    Source: Original report

    Arsenal and Chelsea are reportedly ‘prepared to break the bank’ to sign Julian Alvarez from Atletico Madrid this summer, according to sources. Despite the interest from the Premier League clubs, the former Manchester City striker prefers a move to Barcelona, as he evaluates his options ahead of the transfer window.

    The 26-year-old Alvarez is a World Cup winner and has been linked with a return to England, with Arsenal considering a move for him at the end of the season. Key to any negotiations will be Andrea Berta, Arsenal’s sporting director, who previously managed Alvarez’s £81 million transfer from Manchester City to Atletico Madrid in the summer of 2024. Chelsea has also expressed keen interest in signing Alvarez.

    Recent reports from UK News noted that Alvarez’s agent, Fernando Hidalo, was in the UK, indicating possible discussions with both Arsenal and Chelsea. However, it is stated that Alvarez’s priority is not a return to the Premier League, and he would choose Barcelona if they make an offer. The Catalan club admires Alvarez but may struggle financially to meet Atletico’s expected asking price of over €100 million.

    Alvarez is currently experiencing a concerning goal drought, having struggled to find the net in La Liga recently. He has recorded only one League goal from open play in his last 15 matches, which came from the penalty spot against Sevilla in early November. Ahead of the forthcoming transfer window, Atletico Madrid manager Diego Simeone has defended Alvarez, asserting his capabilities and the reputation he has built in football.

    The future of Julian Alvarez remains in question as the transfer window approaches, with his next potential moves to be monitored closely.

    Football featured transfer gossip UK featured
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