Arsenal target £130m Julian Alvarez in quick Atletico Madrid deal

Arsenal are pushing to complete a swift deal for Atletico Madrid striker Julian Alvarez within the next seven days to bolster their title-winning squad.

Mikel Arteta is eager to strengthen his attacking options after the North London club secured the Premier League crown but suffered a narrow Champions League final defeat.

The Gunners have identified the 26-year-old Argentine international as a prime target alongside Aston Villa prospect Morgan Rogers.

However, securing the former Manchester City forward will require a monumental financial outlay.

Sticking point over record transfer fee

Atletico Madrid are reportedly demanding a fee in excess of £100m for their prized asset.

Arsenal ideally want to cap their expenditure at £90m to ensure funds remain available for other crucial squad investments.

Real Madrid previously failed with a staggering £130m bid for the World Cup winner earlier this summer.

Diego Simeone’s side remain highly reluctant to sell the prolific attacker to a direct Spanish rival, handing the English champions a distinct advantage.

International duty and alternative targets

The lightning-fast striker is currently representing his country at the World Cup and recently scored a stunning goal in a 3-1 victory over Switzerland.

Arteta will have a perfect opportunity to scout the forward when Argentina face England in Wednesday’s highly anticipated semi-final clash.

If an agreement is reached, club officials hope to integrate him into the squad ahead of pre-season preparations starting on 20 July.

Meanwhile, the North London giants are also preparing to hold formal talks regarding an £80m move for Newcastle United midfielder Bruno Guimaraes.