Atlético Madrid have given Julián Alvarez a deadline to decide whether he is willing to consider a move to Arsenal or remain at the Spanish club, with the transfer saga entering its decisive stages.
The Argentina international has been at the centre of intense transfer speculation after expressing a desire to leave Atlético, while Arsenal have continued working on a potential deal. The Gunners are reportedly prepared to make a major financial commitment if Alvarez gives the green light to the move.
Atlético have ruled out negotiating with Barcelona, despite the Catalan club's interest, leaving Arsenal as one of the main options if Alvarez decides that he wants to leave Madrid. The Spanish club has reportedly indicated that it would consider offers above £120 million.
Alvarez, however, has previously preferred a move to Barcelona and remains uncertain about returning to England. His decision is therefore expected to determine whether Arsenal can make a late breakthrough before the transfer window closes.
With Atlético demanding clarity and Arsenal waiting for Alvarez's decision, the coming days could determine whether the Argentine striker stays in Madrid or makes a blockbuster return to the Premier League