The Argentine is enduring a goal drought at Atletico Madrid but maintains hope of an Arsenal proposal.
Julian Alvarez's future at Atletico Madrid is being treated with uncertainty. According to Gary Lineker, former Tottenham striker, with Arsenal sounding out the Argentine, the relationship between player and club could change due to the Gunners' interest.
Alvarez's name has entered Mikel Arteta's sights for the next transfer window to bolster an attack that has been struggling for goals, with Gyokeres not performing as expected.
Lineker backs Alvarez move to Arsenal
“It's probably complete nonsense, as most of these things circulating on social media are, but I saw he was linked with Julian Alvarez, who I know is not entirely happy at Atletico,” Gary Lineker said on the Rest is Football podcast.

According to The Standard, Atletico Madrid would be willing to sell Julian Alvarez for around £87m (€100m), a figure that would exceed his transfer fee from Manchester City, which stood at £82.5m (€95m) at the time.
“Julian is the type of player you know can handle big games: he is a World Cup winner. A player like that at Arsenal would be game over,” Lineker added.
Arsenal not the only club interested in Julian Alvarez
Despite enduring a dry spell, having not found the net since December, Julian Alvarez continues to attract interested clubs, Arsenal among them.
According to ESPN, the Gunners are studying the possibility of making an offer for the forward in the summer transfer window.
The idea is further strengthened by the fact that Arsenal sporting director Andrea Berta has strong ties with Los Colchoneros, where he worked for 12 years before moving to north London in March 2025.
Besides Arsenal, Barcelona have also shown strong interest in the player, but the Blaugrana's current financial difficulties make the signing unlikely.
It is not yet known precisely what form a proposed Arsenal contract would take, but sources have indicated that club officials have made informal enquiries to determine whether a deal would be possible before assessing whether to formalise their interest.