As Julian Alvarez prepares to return to Atletico Madrid from his long off-season break, Arsenal remain interested in signing him and are reportedly planning a swap deal to add him to their squad.The Spanish side insist that he is not for sale, and they certainly will not sell him to Barcelona, the club he wants to join. This could leave Arsenal in a stronger position to sign the forward during this transfer window.The Gunners see Alvarez as an ideal player who could improve further at the club, and they are reportedly prepared to sacrifice Viktor Gyokeres to bring him to the Emirates.Arsenal consider Alvarez swap dealThe Swede has only been at Arsenal for around a season, but the club are now looking to include him in their offer to Atletico Madrid to bring Alvarez back to England. Fichajes report that Arsenal’s latest proposal is a player-plus-cash deal, with Gyokeres included as the player.Gyokeres enjoyed a fine first season at the Emirates, although it cannot be considered a spectacular campaign. Despite this, Arsenal still regard him as a top player and recognise what he can offer to the team.However, their desire to sign Alvarez could lead them to consider a significant change to their attacking options. Including Gyokeres in a deal would represent a major decision, particularly after the striker completed only one season with the club.Arsenal willing to sacrifice GyokeresArsenal have closely followed Alvarez’s situation and appear determined to explore every possible route to secure his signature. The club believe the former Manchester City man could become an important player for them and are prepared to make difficult decisions to complete the move.The Gunners’ willingness to include Gyokeres demonstrates how highly they rate Alvarez. Although Gyokeres remains a valuable member of the squad, Arsenal could see the opportunity to sign Alvarez as one worth pursuing.Atletico’s stance could still make the deal difficult, particularly as they continue to insist that Alvarez is not for sale. Nevertheless, Arsenal appear ready to test that position with an offer involving Gyokeres and additional money.The proposed swap would therefore be a significant move for Arsenal, with the club potentially sacrificing a player who has only recently joined to secure Alvarez._____________________________________________________________________________________________ADMIN COMMENTSo here are some simple rules which I must insist commenters follow….You agree not to give any personal abuse to other Arsenal fans. Everyone is allowed to hold their own opinions even if you disagree with them. It COSTS NOTHING TO BE POLITE TO OTHER ARSENAL FANS.CALLING ALL ARSENAL FANS! Anyone who would like to contribute an Article or Video opinion piece on JustArsenal, don’t hesitate to get in touch with us through this link…More Stories / Latest NewsArsenal’s swap offer for Julian Alvarez is back on8 August 2026, 20:45Aston Villa is now genuinely worried they will lose Arsenal target8 August 2026, 19:30David Bentley regrets leaving Arsenal as he explains why he did8 August 2026, 18:15The post Arsenal’s swap offer for Julian Alvarez is back on appeared first on Just Arsenal News.