Arsenal are reportedly willing to pay €50m to sign Julian Alvarez from Atletico Madrid, with Viktor Gyokeres included in the deal. This comes after an update from El Chiringuito claimed that Arsenal and Atletico have already agreed on the transfer. Atletico CEO Gil Marín has allegedly told Barcelona president Joan Laporta that Alvarez is not for sale. However, Barcelona are not deterred and are preparing a new €135m offer for the 26-year-old. The offer would also include variables that could take the total transfer fee to €150m. Barcelona believe that Atletico will eventually be willing to negotiate a transfer, but they will have to wait until Alvarez's involvement at the World Cup is over. The Gunners are looking to strengthen their squad ahead of the new season, and Alvarez's signing would be a significant boost.