Arsenal fans have reason to be optimistic as bookmakers Ladbrokes have significantly reduced their odds on Julian Alvarez joining the Gunners. The Argentina international has notably missed training with Atletico Madrid again, signaling an inevitable departure, especially after being booed by fans during the weekend.

It appears that if Alvarez leaves Atletico, a transfer to Barcelona is off the table, making Arsenal the frontrunners for his signature. Alex Apati from Ladbrokes stated: “Things are looking positive for Arsenal on the Julian Alvarez front, with a move for the Atletico Madrid man now more likely than ever.”

Here are the current odds for Julian Alvarez's next club after the summer transfer window:

• Arsenal – 10/11
• Barcelona – 4/1
• Chelsea – 10/1
• Real Madrid – 25/1
• PSG – 33/1
• Tottenham – 40/1

With options dwindling, Alvarez faces pressure to join Arsenal as Atletico is reluctant to sell to their La Liga rivals. The 26-year-old is unlikely to remain in Madrid given the current tension with the club and its supporters. Although he may have had doubts about moving to Arsenal, it seems a preferable alternative to his current situation.

Having previously excelled in the English Premier League, Alvarez would be a significant asset in Mikel Arteta's squad, potentially becoming a key player in the starting XI. The latest betting odds suggest that Arsenal's chances of securing Alvarez are indeed improving, with the transfer window closing soon.