Sky Germany: Real Madrid make enquiry for Arsenal top target valued at €150m

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Real Madrid have reportedly joined the race to sign Arsenal target Julian Alvarez this summer.

The 26-year-old Argentina international has been heavily linked with a move away from Atletico Madrid in recent months, with several European giants monitoring his situation.

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Arsenal, PSG and Barcelona have all shown concrete interest in signing the Atletico striker ahead of the summer transfer window.

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Now, another European heavyweight has reportedly entered the race.

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Real Madrid make approach for Alvarez

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According to Sky Germany reporter Patrick Berger, Real Madrid have made an enquiry regarding Alvarez’s availability.

It is understood Los Blancos rate the Argentine highly and are considering a move this summer.

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Atletico Madrid are reportedly prepared to sanction a sale if they receive an offer in the region of €150m.

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Previous reports have suggested that Alvarez’s preferred destination is Barcelona, despite strong interest from both Arsenal and PSG.

The striker’s current contract at the Wanda Metropolitano runs until the summer of 2030.

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What happens next?

Arsenal are set to step up their plans as the summer transfer window approaches, with the club continuing to hold internal discussions over potential targets. Mikel Arteta and Andrea Berta are both believed to be actively assessing several options as preparations for next season continue behind the scenes.

The Gunners are expected to be among the busiest Premier League clubs this summer, with several positions under review. Any move will ultimately depend on availability, financial conditions and how Arsenal prioritise their targets during the transfer window.

The bigger picture

Arsenal’s recruitment team continues to focus on players who fit the club’s long-term strategy under Mikel Arteta. Technical quality, tactical intelligence and versatility remain key attributes as the club assesses potential additions ahead of the new campaign.

The club has consistently looked to add players capable of improving both the starting XI and overall squad depth, particularly with the demands of competing in the Premier League and Champions League. Arsenal are expected to strengthen multiple areas of the squad this summer and continue to monitor opportunities across Europe and South America.

Arsenal are expected to make several important decisions regarding the composition of the squad this summer. While strengthening key areas remains a priority, the club could also consider offers for certain players if it helps fund new arrivals and maintain financial flexibility.

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Securing the futures of key players remains just as important as making new signings. Arsenal have worked hard to build one of the strongest squads in Europe, and maintaining stability within the group will be crucial as the club looks to continue competing for major honours.

Our View

If the reports are accurate, this would be a major blow for Arsenal and their pursuit of the Argentina international. The club are expected to strengthen this area of the squad during the summer, and Alvarez is among the names being considered at the Emirates. Arsenal could have an advtange in the race due to the fact that Arteta previously worked the player at Manchester City. However, the latest reports suggest Alvarez’s priority is stay in Spain, meaning the Gunners’ chances of signing him are slim.

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Whether Arsenal decide to advance their interest remains to be seen, but it is easy to understand why the player is being linked with a move to North London. Alvarez’s quality would undoubtedly strengthen Arsenal’s attacking options ahead of the 2026/27 season.

It will be interesting to see where Alvarez ends up this summer, with Barcelona, Real Madrid, PSG and Arsenal all involved in the race to secure the Atletico Madrid striker’s signature.

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