But Alvarez is said to have already said no to any move to north London.
Arsenal have walked away from any deal (Picture: Getty)
As a result, SPORT report Arsenal have now ‘completely ruled out’ a move for the former Manchester City star and will instead move onto other targets.
Alvarez’s preference for Barcelona had up until this week only been relayed through the media but the player broke his silence this week, making it clear he wants to leave the Spanish capital.
‘I spoke with the people I needed to speak with and the best thing for everyone is a transfer. I want to fulfil my dream,’ Alvarez said after Argentina’s 2-0 win over Austria.
Alvarez with Argentina at the World Cup (Picture: Getty Images)
Arsenal have also explored a move for Bournemouth star Junior Kroupi this summer.
Kroupi enjoyed a superb first season in the Premier League following his £10m move from French side Lorient, scoring 13 goals for Bournemouth.
Arsenal are not alone in admiring the Frenchman however with Chelsea, Liverpool PSG and Bayern Munich also credited with interest.
Recent reports suggest whoever does win the race for his signature will have to pay €100million (£86m).
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