Report: Arsenal eyeing huge move to sign former Manchester City star

This is where the narrative becomes more complex. Jesus offers experience and fluidity, Havertz brings versatility and positional intelligence. Moving either would represent a recalibration rather than a simple upgrade.

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“Arsenal are planning for exits to unlock the deal.” It is a line that carries weight, suggesting a willingness to make difficult choices in pursuit of a transformative signing.

Competition Intensifies Across Europe

Arsenal’s path is far from clear. Paris Saint-Germain have tracked Álvarez extensively, while Chelsea and Barcelona remain attentive to developments.

Each club brings its own variables, financial strength, sporting project, timing. For Arsenal, the challenge lies in aligning all three before the market accelerates.

Caught Offside notes that “Atlético Madrid have publicly maintained that Álvarez is not available for transfer,” a stance that may yet soften under the right conditions. Until then, this remains a contest of patience as much as persuasion.

There is a sense here of Arsenal testing their limits. Not recklessly, but deliberately. Whether this move materialises or not, it signals a club intent on bridging the final gap.

Our View – EPL Index Analysis

Julián Álvarez represents the kind of forward many Arsenal fans feel the team has been missing, decisive, aggressive, and capable of leading the line with authority. His numbers in Spain reinforce that belief, but it is his mentality that stands out most.

The suggestion that Gabriel Jesus or Kai Havertz could depart introduces a more complicated emotion. Jesus has been integral in shaping the current identity, while Havertz has grown into a valuable tactical piece. Letting either go would feel like closing one chapter to begin another.

There is also the financial aspect. A €120 million outlay is significant, even in today’s market. Supporters will question whether that investment delivers the marginal gains needed to challenge consistently for the title.

Competition from Paris Saint-Germain, Chelsea and Barcelona adds another layer of uncertainty. Arsenal are no longer outsiders in these races, though winning them still requires precision.

Ultimately, this feels like a defining moment. Arsenal are behaving like a club that believes it belongs at the top table. The next step is proving it with decisive action.