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Arsenal have offered €150 million for Julian Alvarez. Atletico accepted the transfer but gave the player 24 hours to respond. Barcelona remains his priority.

Arsenal have made a staggering official offer of €150 million to Atletico Madrid for Argentine striker Julian Alvarez. According to trusted transfer insider Matteo Moretto, the Spanish club has accepted this record bid.

The Atletico hierarchy has made it clear that should Alvarez leave, they would only allow him to join a club outside of Spain. While the player has yet to give his final agreement and hasn't discussed personal terms, there is confidence in London that his financial demands won't hinder the transfer.

However, the Gunners have put a strict ultimatum in place for Alvarez, giving him a tight 24-hour deadline: either he accepts Arsenal's offer, or the club will swiftly turn to alternative targets. The main intrigue remains the interest from Barcelona, who have kept a keen eye on the forward and represent the player's preferred option for his next career move.