Atlético Madrid Set €150m Price Tag for Julián Álvarez Amid Arsenal Interest

According to The Athletic, a source close to Atlético's leadership revealed that the Spanish club currently see only one realistic scenario in which the Argentina international could leave before the transfer window closes — a huge proposal from Arsenal.

The source reportedly told The Athletic that Atlético would only envisage Álvarez's departure if the Premier League side were willing to offer €150m.

Arsenal face huge asking price

Arsenal's reported interest in Álvarez has added another major twist to the striker's future, with the Gunners understood to be assessing attacking reinforcements.

However, Atlético's €150m valuation would make any potential deal extremely difficult to complete.

Álvarez remains a key part of Diego Simeone's plans, having established himself as one of Atlético's most important attacking players since arriving from Manchester City.

The Argentine forward's versatility is among his biggest strengths. He can lead the line as a traditional striker while also operating in deeper attacking positions, making him an attractive option for clubs seeking greater flexibility in attack.

Álvarez's future in Atlético's hands

Atlético's reported stance demonstrates the value they place on the 26-year-old. Rather than actively looking to sell, the Madrid club appear prepared to retain their star forward unless an extraordinary offer arrives.

A €150m transfer would represent a substantial investment for Arsenal and would make Álvarez one of the most expensive players in Premier League history.

There is currently no indication that Arsenal have made an offer matching Atlético's reported valuation.

For now, Álvarez remains an Atlético player, but the club's reported willingness to consider a €150m proposal means the door has not been completely closed on a summer departure.

Should Arsenal decide to test Atlético's resolve with a record-breaking bid, Álvarez's future could quickly become one of the biggest stories of the transfer window.