Leading journalist David Ornstein has provided a major update on Julian Alvarez’s transfer future, revealing that the Argentina international has explicitly communicated his desire to remain at Atletico Madrid rather than join Arsenal.
Speaking on TNT Sports, Ornstein highlighted that while the situation remains fluid and could shift before the window closes, the immediate message delivered directly to Arsenal manager Mikel Arteta is a firm rejection of a move to the Emirates Stadium.
The pathway to a deal appears highly challenging, with Ornstein painting a picture of a squad that may choose to stick with its current options rather than pursuing aggressive late-window acquisitions.
“He’s spoken to Mikel Arteta and said he doesn’t want to come.” ?@David_Ornstein with the latest on Arsenal’s pursuit of Julian Alvarez.
?? @OliviaBuzaglo | ? Watch live on TNT Sports & HBO Max pic.twitter.com/VEYpXGynEq
— Football on TNT Sports (@footballontnt) August 29, 2026
Despite the clear reluctance from the player, Alvarez remains Arsenal’s primary target, and the Premier League giants are prepared to meet Atletico Madrid’s substantial financial demands to force a deal through.
However, the core obstacle persists in the form of the former Manchester City star’s hesitation regarding a return to the English top flight.
Arsenal Eyes Matias Fernandez-Pardo as Alternative to Julian Alvarez
Our understanding indicates that Arsenal are yet to receive a definitive final response from Alvarez, but they are actively scouting alternatives, with Lille phenom Matias Fernandez-Pardo emerging as a top backup option.
The Belgian international is eager to secure a departure from Lille and is on the radar of several elite clubs, including Newcastle United, though Arsenal are now looking to make their move.
If Alvarez ultimately issues a firm rejection, the Emirates Stadium hierarchy will pivot quickly toward Fernandez-Pardo. The highly rated 21-year-old is valued at approximately £60 million, a fee that interested parties have previously deemed excessive. However, with Gabriel Martinelli nearing a transfer to Al Hilal, Arsenal cannot afford to hesitate and must secure a high-quality replacement.
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