- Arsenal and Paris Saint-Germain are reportedly vying for Atletico Madrid forward Julian Alvarez, with PSG making a direct offer including wages and a willingness to meet Atletico's €125m (£108m) asking price.
- Although Barcelona is Alvarez's preferred club, their financial limitations mean Arsenal, who have the necessary funds, are carefully considering their budget for the transfer.
- Arsenal are also progressing with a move for Aston Villa's Morgan Rogers, who is attracting interest from Chelsea, Manchester United, and PSG, with Villa potentially selling him to bolster their squad under financial regulations.
- The newly crowned Premier League champions are additionally pursuing Bournemouth's Junior Kroupi, who played a key role in their title victory by scoring against Manchester City last week.
- Arsenal plan to sign three to four new players and offload a similar number, with Gabriel Jesus expected to depart for a Brazilian club for approximately £5m, freeing up significant wages to aid financial compliance.
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