Arsenal are reportedly weighing up the possibility of signing Argentine forward Julian Alvarez as they continue to reshape their squad ahead of the new season.

The Premier League club is understood to have made initial enquiries about the Atletico Madrid striker, who is said to be seeking a move away from the Spanish side during the current transfer window.

Reports suggest Alvarez’s preferred destination is Barcelona, but Atletico Madrid are unwilling to strengthen one of their direct La Liga rivals.

The Spanish club has reportedly rejected approaches for the World Cup winner and remains determined to retain the attacker unless a significant offer is made.

As discussions continue, Arsenal have explored the option of including Swedish striker Viktor Gyokeres in a potential swap arrangement.

Atletico are believed to admire the prolific forward, although no formal agreement has been reached between the two clubs.

Despite the speculation, Arsenal have not made a final decision regarding Gyokeres’ future, and negotiations surrounding Alvarez remain at an early stage.

The North London club is still evaluating several attacking options before making its next move in the transfer market.

The Gunners are also monitoring Aston Villa playmaker Morgan Rogers, though any pursuit of the England youth international is expected to be handled independently of the Alvarez negotiations.

In addition, Arsenal continue discussions over a possible move for Club Brugge winger Christos Tzolis as manager Mikel Arteta looks to strengthen his squad with greater attacking depth.

The club has already created room for new arrivals following Leandro Trossard’s departure, and supporters will be watching closely to see whether Arsenal can secure another high-profile signing before the transfer window closes.