Arsenal transfer rumour roundup: latest on Julian Alvarez and Martin Odegaard

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Arsenal are once again at the center of transfer speculation as potential attacking reinforcements and first-team uncertainty impact their summer prospects.

Arsenal, Mikel Arteta, Julian Alvarez and Martin Odegaard are all central to reports involving Atletico Madrid and Real Madrid ahead of the next transfer window.

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Multiple European clubs have been linked as the Gunners assess recruitment and retention. These circumstances are now becoming a growing talking point surrounding Arsenal’s long-term plans.

Photograph: Ollie Scarf/AFP via Getty Images

Arsenal willing to offer two stars for Julian Alvarez

Arsenal have been linked with a new deal for Atletico Madrid striker Julian Alvarez as they explore options to strengthen their attack.

TEAMtalk reports that the Gunners are ready to include first-team players as part of a potential deal.

Gabriel Jesus and Gabriel Martinelli have been mentioned as possible trade-offs, with midfielders discussing how to make such a move feasible.

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Alvarez is said to be frustrated in Madrid and Arsenal are one of several clubs monitoring his situation.

Martin Odegaard could return to Real Madrid

Martin Odegaard could return to Real Madrid amid reports of tensions behind the scenes at Arsenal.

Fichayes said issues related to his role and internal dynamics could affect his future.

Odegaard remains Arsenal captain but Real Madrid are said to be keeping a close eye on developments, while Bayern Munich have also been linked with the move.

Any move is expected to take place in the summer rather than during the current window.

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