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Julian Alvarez has decided against penning a new contract with Atletico Madrid, according to Fabrizio Romano, as Arsenal challenge Paris Saint-Germain for the striker\u2019s capture.<\/p>\n
Alvarez left Manchester City in August 2024 by joining Atleti in a huge \u20ac95million (\u00a382m) deal. The Argentine wanted to get out of Erling Haaland\u2019s shadow, and he has successfully established himself as Atleti\u2019s talisman.<\/p>\n
However, Alvarez<\/strong> is already plotting his next move. He wants to join one of Europe\u2019s very best clubs as he is concerned about Atleti\u2019s ability to compete for illustrious trophies such as LaLiga and the Champions League.<\/p>\n Arsenal<\/strong>PSG, Barcelona and Chelsea are all interested in signing the lethal No 9. Arsenal and PSG appear to be frontrunners as things stand, as Barca will struggle to afford him, while Chelsea have dropped out of European competition altogether.<\/p>\n Romano has now revealed on his YouTube<\/em> channel that it is \u2018100 per cent decided\u2019 Alvarez will not negotiate fresh terms with Atleti, which will help Arsenal significantly.<\/p>\n Romano said: \u201cWhat I can confirm to you is what I reported here on the channel two days ago. Julian Alvarez has no intention to sign (a) new contract at Atletico Madrid. That\u2019s for sure.<\/p>\n READ: Every Premier League club\u2019s flop of the season features Salah and top Man Utd target<\/strong><\/p>\n \u201cMany news on Julian renewing, Julian signing a new deal, Julian being offered money. It is not about seven, eight, 10-12 million.<\/p>\n \u201cJulian Alvarez will not sign a new contract at Atletico Madrid. That\u2019s 100 per cent decided. So for sure, Julian\u2019s intention is not to put pen to paper.<\/p>\n \u201cThe situation of Julian Alvarez remains absolutely open. All doors are open.<\/p>\n \u201cThe situation remains absolutely one to watch because when a player doesn\u2019t want to sign a new contract, probably the direction is already clear.\u201d<\/p>\n On Monday, Spanish journalist Pedro Fullana claimed Arsenal and PSG have received the \u2018green light\u2019 from Alvarez to open talks.<\/p>\n \u201cThere have been intermediaries with connections to PSG and Arsenal who have also enquired with Atletico,\u201d he said<\/strong>.<\/p>\n \u201cIt\u2019s obvious that the club knows that when all this is happening, it\u2019s because Julian\u2019s agents, and therefore Julian himself, have given the green light for discussions about his future away from Atletico Madrid.\u201d<\/p>\n Our friends at TEAMtalk have revealed Arsenal are making an \u2018aggressive\u2019 move to try and beat PSG in the race for the 26-year-old.<\/p>\n The Gunners could offer players such as Gabriel Jesus and Gabriel Martinelli to bring down Alvarez\u2019s cost. Atleti are currently demanding \u20ac150m (\u00a3130m) for their superstar.<\/p>\n Last month, Atleti boss Diego Simeone admitted Alvarez is liked by rival clubs.<\/p>\n He said: \u201cI just suppose it is normal (for Alvarez to be attracting interest).<\/p>\n \u201cHe is an extraordinary player. There is interest from Arsenal, Paris Saint-Germain, Barcelona and other teams. But it is nothing we are concerned about.\u201d<\/p>\n READ NEXT: Every Premier League club\u2019s worst player in 25\/26: Elanga, Delap, Henderson, Martinelli\u2026<\/strong><\/p>\n <\/div>\nArsenal pushing hard for Julian Alvarez<\/h2>\n