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Arsenal's Bold Bet: Two Stars in the Alvarez Chase to Outshine Barca

31 January 2026

Arsenal's Bold Bet: Two Stars in the Alvarez Chase to Outshine Barca
Arsenal's audacious bid targets Julian Alvarez to edge out Barcelona in the transfer race.

Arsenal's Bold Bid to Outsmart Barcelona

Arsenal is set to spark the upcoming transfer window with a high-impact move, aiming to outpace heavyweights like Barcelona in the pursuit of Argentinian striker Julian Alvarez from Atletico Madrid.

Although Alvarez is under a long-term contract with Atletico until 2030 and carries a colossal 500 million euro release clause, a dip in form this season has opened doors for serious European interest.

British reports suggest Arsenal believe Atletico could green light a sale in the 150 to 200 million euro range, especially if the offer blends cash with players, prompting the London club to think outside the box.

According to Spanish newspaper Mundo Deportivo, Arsenal's bold move involves including two of their stars, Gabriel Jesus and Gabriel Martinelli, in the deal to reduce the cash outlay and entice Atletico Madrid to say yes.

Sources indicate the transfer could unfold in one of two ways: one player plus a large lump sum, or both players together for a smaller cash component.

The market value of Jesus and Martinelli is estimated above 100 million euros, giving Arsenal real leverage in negotiations.

While Martinelli's inclusion would be surprising given his key role under coach Mikel Arteta, the club appears ready to sacrifice for Alvarez's goal scoring prowess.

Jesus's chances of leaving seem higher, as he has recently come back from a long injury layoff and questions linger around his future.

Punchline 1 in the style of a legendary sniper comedian: In football markets, the only thing sharper than a striker is the price tag—Arsenal is aiming for the bullseye.

Punchline 2: If this plan works, Barca players will need to hire accountants; if not, Arteta can claim it was a bold experiment in risk management through drama.

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Emma Amme

I am Emma Amme, an English sports journalist born in 1998. Passionate about astronomy, contemporary dance, and handcrafted woodworking, I share my sensitive view of sports.

Frequently Asked Questions

Who is Arsenal pursuing in this report?

Julian Alvarez from Atletico Madrid, with the possibility of Arsenal including Gabriel Jesus and Gabriel Martinelli in the deal.

What are the possible terms of the deal?

Either one star plus a large cash amount, or both players together for a smaller cash component.

Why is Arsenal considering a two-player swap?

To reduce the cash outlay and make Atletico more inclined to accept the deal, leveraging the combined value of Jesus and Martinelli.