Arsenal Transfer Latest News: Viktor Gyokeres In Cash-Plus-Player Plan For Julian Alvarez | Report

Arsenal Transfer Latest News: Arsenal reportedly explored a cash-plus-player deal involving Viktor Gyokeres during their pursuit of Julian Alvarez. The Gunners considered using the Swedish striker as part of a potential transfer package for the Atletico Madrid forward, while Gyokeres’ future at Arsenal remains uncertain amid limited Premier League opportunities and growing transfer buzz.

By: Arpan Mondal
Last Updated: September 14, 2026 20:17:39 IST

Arsenal Transfer Latest News: Arsenal’s summer pursuit of Julian Alvarez could have taken a dramatically different route, with the Gunners reportedly exploring a cash-plus-player formula involving Viktor Gyokeres. The Swedish striker, signed for a reported £64 million last summer, has struggled for regular Premier League minutes this season as Kai Havertz has moved ahead in the pecking order.

Now, fresh details suggest Gyokeres was considered a potential makeweight in Arsenal’s ambitious attempt to prise Alvarez away from Atletico Madrid.

Viktor Gyokeres Transfer: Why Was Arsenal Willing To Consider An Exit?

Gyokeres’ position at Arsenal FC has changed significantly since his arrival from Sporting. He scored 21 goals in 55 appearances across competitions during his first campaign, helping the club win the Premier League, but his opportunities have narrowed this term. He has largely watched from the bench in the league, with only a brief cameo against Chelsea.

That situation has fuelled speculation over his future. Transfer insider Ben Jacobs has reiterated that Arsenal explored the possibility of using Gyokeres in negotiations for Alvarez, with Atletico reportedly attracted to the Swede’s profile.

A reported structure involved Arsenal adding cash alongside Gyokeres to secure the Argentina international.

The proposal ultimately failed to materialise, leaving Gyokeres in north London. His future could remain one of Arsenal’s major transfer storylines heading into January and next summer.

Arsenal Transfer News: Is Gyokeres-Alvarez Swap Deal Possible?

A direct Gyokeres-Alvarez exchange is no longer an active deal, with the Atletico Madrid star remaining in the Spanish capital. Reports have indicated Arsenal FC could revisit the Argentine’s situation only if the forward himself pushes for a move to the Emirates.

That leaves Arsenal with an intriguing attacking puzzle. Havertz has established himself as the preferred central striker, while Gyokeres faces a battle for minutes. Havertz had scored three goals in four league games at the start of the season, further strengthening his position.

Gyokeres has also been linked with a separate reported Saudi Arabia swap involving Al-Ahli and Ivan Toney. For now, Arsenal have retained Gyokeres, but the Alvarez pursuit has revealed that the club was prepared to consider a major reshuffle of its frontline.

ALSO READ: Arsenal Transfer News: Noni Madueke Attracts Atletico Madrid And Juventus Interest Ahead Of January Window | Reports

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