Arsenal pursues Julian Alvarez amid Atletico Madrid's £128m asking price

Arsenal aims to sign Argentina forward Julian Alvarez from Atletico Madrid as the transfer deadline approaches. Atletico has set an asking price of €150m (£128.4m) for the 26-year-old, who has four years left on his contract. Arsenal is encouraged to negotiate a deal despite Atletico's firm stance. Mikel Arteta seeks a left-sided forward to strengthen the squad after earlier transfer attempts did not materialize. If Alvarez is unattainable, Arsenal may explore alternative options before the deadline.

• 10:12 AMYahoo Sports — Will Julian Alvarez sign for Arsenal? Here’s what we know as transfer deadline looms