Arsenal news: Julian Alvarez statement made as Gabriel Martinelli replacement gets green light

Arsenal’s transfer activity is showing no signs of slowing down as we approach deadline day on September 1. With time ticking on for sporting director Andrea Berta to complete the Gunners’ final pieces of business, several more deals could be finalised in the coming days.

The Premier League champions have strengthened considerably this summer, spending around £200million on five new additions - Piero Hincapie, Illan Meslier, Christos Tzolis, Bruno Guimaraes and Ezri Konsa. However, they still lack the world- class forward Mikel Arteta has so often suggested he requires, though they are not giving up on their pursuit of £128m-rated Julian Alvarez .

Meanwhile, Gabriel Martinelli is reportedly on his way out after losing his place i n the Arsenal squad at the start of the 2026/27 campaign, meaning he could be the second winger to leave N5 this summer following the departure of Leandro Trossard to Besiktas.

Here, Mirror Football takes a look at two of the latest transfer developments involving Arteta’s side.

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Atletico Madrid have released an extraordinary statement reiterating they will not sell Alvarez to Barcelona this summer. The Argentine striker, who is Arsenal ’s top transfer target in the remaining days of the window, has made his preference clear all summer that he wants to join the Catalan giants.

But Atleti insist they will not let their talisman join a La Liga rival under any circumstances.