Atletico Madrid recently engaged in discussions with Arsenal regarding the potential transfer of Julian Alvarez. During a visit to London, Atletico's delegation emphasized their firm stance against selling Alvarez to Barcelona, a position they later confirmed through an official board statement.

While the initial narrative suggested that the visit was primarily about Nicolas Jackson, insiders revealed to talkSPORT that Atletico Madrid has explicitly communicated their willingness to entertain offers for Alvarez starting at £120 million.

As the transfer window approaches its conclusion, Arsenal is reportedly preparing to make a bid, contingent on Alvarez's interest in returning to England. The club holds the belief that Atletico Madrid might exhibit some flexibility in the deal's structure, should Alvarez choose to make the move.

Key Points:

• Atletico Madrid confirms they won't sell to Barcelona.
• Arsenal is ready to bid for Julian Alvarez.
• Asking price set at £120 million.
• Potential flexibility in deal structure if Alvarez opts for a return to England.