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Arsenal ready to pay £130M for Alvarez, Martinelli heads to Saudi Arabia

According to Sky Sports, Arsenal is preparing a £130 million offer to sign Julian Alvarez. Meanwhile, Gabriel Martinelli is close to a move to Saudi Arabia, a deal that could finance this record transfer.

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lundi 24 août 2026 à 22:417 min
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Arsenal ready to pay £130M for Alvarez, Martinelli heads to Saudi Arabia

Arsenal's summer transfer window is set to be intense. According to Sky Sports, the Gunners are ready to make a colossal £130 million offer to secure the services of Julian Alvarez. Meanwhile, Gabriel Martinelli is on the verge of joining Saudi Arabia, a departure that could significantly ease the financial burden. The London club seems determined to make a major splash in the transfer market.

What we know: amount mentioned, clubs' stance

According to Sky Sports, Arsenal is preparing a £130 million offer for Julian Alvarez. The Argentine international currently plays for Manchester City, where he is under contract until 2028. The Citizens have not yet officially responded, but such a sum could make them think. Alvarez, aged 26, scored 19 goals in all competitions last season, a solid record that justifies the Gunners' interest.

On the other hand, Gabriel Martinelli is reported to be close to a move to Saudi Arabia. The 25-year-old Brazilian winger, who joined Arsenal in 2019, is being courted by several Saudi clubs. The transfer fee has not yet been disclosed, but it could reach £80 million, according to media reports. This sale would allow Arsenal to recover a significant portion of the funds needed to complete the signing of Alvarez.

Why this player, why now

Julian Alvarez perfectly matches the profile sought by Mikel Arteta. The Argentine is versatile, capable of playing as a striker or on the wing, and possesses a winning mentality forged at Manchester City. With the potential departure of Gabriel Jesus, Arsenal needs a world-class striker to maintain their level in the Premier League and the Champions League. The timing is also opportune: City might be tempted to sell to fund other reinforcements, particularly in central defense.

For Martinelli, Saudi Arabia represents an exceptional financial opportunity. The Brazilian, who has lost his starting spot in recent months, could see this transfer as a fresh start. Saudi clubs, for their part, continue to attract Premier League players to strengthen their league. This departure would also free up a spot in Arsenal's squad for a new attacking player.

Remaining obstacles and next steps

The main obstacle remains Manchester City's position. The Sky Blues have no intention of letting a player as important as Alvarez go, but a £130 million offer could change the game. Pep Guardiola will need to give his green light, and it is not certain he will accept losing a key element of his squad. Discussions between the two clubs are expected in the coming days.

For Martinelli, the deal seems more advanced. According to Sky Sports, negotiations are in the final stages, and an announcement could come soon. The player is expected to sign a lucrative contract with his new club, whose name has not yet been revealed. If these two deals materialize, Arsenal would have a spectacular transfer window, strengthening their attack while balancing their books.

Competing clubs and alternative options

Arsenal is not alone in the Alvarez case. Real Madrid and Paris Saint-Germain are also closely monitoring the situation, but neither has made an offer yet. The Gunners have taken the lead by preparing this massive bid. If City refuses, Arsenal could turn to other targets like Alexander Isak (Newcastle) or Victor Osimhen (Napoli), but these options seem less advanced.

Regarding Martinelli, several Saudi clubs are in the race, but only one seems to have convinced the player. The Brazilian winger could also interest European clubs, but the Saudi offer would be too lucrative to refuse. Arsenal hopes to finalize this deal before the end of the transfer window to immediately reinvest the funds. The next step will be Manchester City's response, which should come within a few days. Arsenal's transfer window is set to be decisive, and fans are eagerly awaiting these two major moves.

Context and history of negotiations

Arsenal's interest in Julian Alvarez is not new. The London club has been following the Argentine striker for several seasons but had never dared to make a move given Manchester City's intransigence. However, the situation has changed in recent weeks. The Gunners have intensified contacts with the player's entourage, who is said to be open to a new challenge. According to sources close to the matter, Alvarez is attracted by Mikel Arteta's playing project and the prospect of becoming the centerpiece of the London attack.

On Martinelli's side, the idea of a move to Saudi Arabia took shape after a lackluster season. The Brazilian, who saw his playing time decrease over the months, was approached by several Saudi clubs as early as June. Discussions have accelerated recently, and an agreement on personal terms is almost concluded. Arsenal, for its part, would not be opposed to a departure, especially if it helps fund the arrival of a player of Alvarez's caliber.

Sporting and financial implications

If Arsenal manages to complete these two transfers, the impact would be twofold. On the sporting front, the arrival of Alvarez would bring a new dimension to the Gunners' attack. His ability to play across the front line, his vision, and his goal-scoring instinct would make him a major asset in the Premier League and the Champions League. His partnership with Bukayo Saka and Martin Odegaard could be magical. On the other hand, Martinelli's departure, although financially interesting, would deprive Arsenal of a dynamic winger, but his declining output justifies this decision.

On the financial front, the operation would be almost neutral. The £130 million offer for Alvarez would be offset by the sale of Martinelli, estimated at £80 million, and by other potential departures. Arsenal could thus strengthen their squad without breaching financial fair play rules. Additionally, the London club would make a significant profit on Martinelli, who was bought for £6 million in 2019. A good deal for the management, who could reinvest these funds in other areas, such as midfield or defense.

Fan reactions and expectations

The announcement of these two deals has sparked mixed reactions among Arsenal fans. Many see Alvarez as the ideal successor to Pierre-Emerick Aubameyang, who left in 2022. Others already regret the potential departure of Martinelli, who has always shown his attachment to the club. Social media is buzzing, with hashtags like #Alvarez2026 or #MerciMartinelli. Fans hope that the management will finalize these deals quickly, before the start of the new season.

Possible scenarios and conclusion

Several scenarios are possible. The most optimistic for Arsenal would be for City to accept the £130 million offer and for Martinelli to sign in Saudi Arabia in the coming days. In that case, the Gunners would complete a dream transfer window. The most pessimistic would be for City to refuse any negotiation and for Martinelli to stay after all, leaving Arsenal without a major reinforcement. However, Sky Sports' information suggests that both deals are well advanced, and it is likely that at least one of them will materialize.

In the meantime, fans are holding their breath. The coming days will be decisive, with discussions expected between the clubs. If Arsenal succeeds in this double coup, it would send a strong signal to their rivals in the Premier League and Europe. The summer transfer window has not yet revealed all its secrets, but the Gunners seem determined to play a leading role. The near future will tell us whether these ambitions will materialize.

In conclusion, Arsenal's transfer window is shaping up to be one of the most exciting of this offseason. With the potential arrival of Julian Alvarez and the departure of Gabriel Martinelli, the London club could reshape their attack and strengthen their status as contenders for the highest honors. The coming weeks will be crucial, and fans are eagerly awaiting these moves to materialize. One thing is certain: the Gunners are not done making headlines.

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