Arsenal Revives Alvarez Interest Amid Agent Change Reports

Arsenal is preparing to renew its pursuit of Atletico Madrid forward Julian Alvarez ahead of the January transfer window, according to a report by Football London on Friday, October 9, 2026. The Argentina international is reportedly considering appointing new representatives after a challenging summer in the transfer market.

Alvarez Weighs Representation Change

Transfer expert Fabrizio Romano indicated that Alvarez's potential decision to change agents and restructure his career management team could signal a re-evaluation of his professional future. This move follows a summer where Arsenal faced difficulties in securing several key attacking targets, including Real Madrid's Vinicius Junior and Morgan Rogers, alongside Alvarez.

Gunners' Summer Reinforcements

Despite failing to land some primary targets, Arsenal did secure a high-profile attacking addition during the summer. The club also saw significant changes in its forward line, with Leandro Trossard moving to Besiktas, and both Gabriel Martinelli and Gabriel Jesus departing. Christos Tzolis was brought in to replace Trossard, but further reinforcements may be necessary to enhance manager Mikel Arteta's attacking options.

Previous Barcelona Interest and Atletico's Stance

Reports during the summer transfer window suggested Alvarez was keen on joining Barcelona. However, Atletico Madrid was unwilling to strengthen a direct rival and insisted on retaining the striker's services within Spain. Arsenal, despite their previous unsuccessful attempts, have not abandoned their interest. A source cited by TEAMtalk claims Alvarez is now seriously considering a move to the Emirates Stadium, with Arsenal reportedly ready to re-engage in negotiations when the January window opens.

Romano Confirms Representation Review

Fabrizio Romano confirmed that the Atletico Madrid forward is contemplating changes to his professional representation. He cautioned, however, against interpreting this development as a definitive sign that a transfer is imminent. Romano explained that Alvarez is ready to make a change in his camp after the summer, suggesting the striker aims to reconsider his career trajectory and review those managing his financial affairs. The journalist emphasized that Alvarez should be allowed to concentrate on his football rather than become the subject of further transfer speculation, noting both Alvarez and Atletico Madrid experienced a challenging summer.

Arteta's Extension and Rice Negotiations

Atletico Madrid

Separately, Arsenal is reportedly nearing a new long-term agreement with midfielder Declan Rice, following Mikel Arteta's recent contract extension. Romano explained that Arsenal's leadership prioritized securing Arteta's future, especially after the club experienced a difficult period of results in March and early April. Despite disappointing performances and increasing pressure, the club's owners and directors maintained their support for the Spanish manager and his coaching staff, ultimately reaching an agreement on his future. Rice Deal Nears Completion Regarding Rice's situation, Romano revealed that negotiations between the midfielder and Arsenal are progressing smoothly. Only minor issues reportedly remain to be resolved before the England international signs his new contract. Romano stated the agreement is virtually complete, with final details expected soon. Arsenal believes Rice's remuneration should reflect his status among the world's top midfielders. The midfielder has reportedly chosen to continue his career at the Emirates Stadium, which represents a significant boost for the Gunners as they aim to maintain stability, retain key players, and build a competitive squad for the future.