Arsenal are reportedly pursuing Julian Alvarez but would be reluctant to lose Viktor Gyokeres as part of any potential deal.The Gunners continue to keep an eye on Alvarez’s situation as this dramatic saga now looks to be nearing a conclusion.As reported by Spanish outlet Relevo, there is a deadline for this to be resolved today after Alvarez’s absence from training for the last three days in a row.Arsenal are waiting and hoping to pounce, but it seems they wouldn’t be keen on letting Gyokeres go, according to the Daily Mirror.It has previously been reported by the Times and others that Gyokeres could be offered to Atletico as part of a move for Alvarez, but this now seems unlikely.How will Arsenal’s attack look if they sign Julian Alvarez?Julian Alvarez of Atletico de Madrid (Photo by Angel Martinez/Getty Images)Arsenal would be adding a genuine world class talent if they manage to bring Alvarez to the Emirates Stadium, but it would likely mean significantly less playing time for Gyokeres.The Sweden international had a decent first season at the Emirates Stadium, scoring 21 goals in all competitions as Arsenal won the Premier League and reached the Champions League final, but his performances often looked below par.Want more CaughtOffside coverage? Add us as a preferred source on Google to your favourites list for news you can trustAlvarez would surely be an upgrade, though perhaps there’s also a world in which he could play up front together with Gyokeres.The Argentina international can also operate on the left of a front three, though that’s not really the way to get the best out of him.Gabriel Jesus could leave ArsenalIf Gyokeres stays to be a squad player, perhaps it’s more likely that we’ll see Gabriel Jesus leaving the club.More Stories / Latest NewsReport: Arsenal reluctant to agree to potential transfer exchangeAug 28 2026, 15:11Romano confirms ‘it’s over’ for Chelsea flop who joined the club in 2023Aug 28 2026, 14:28New Aston Villa signing registered in time to make debut vs ArsenalAug 28 2026, 14:24Spanish outlet Fichajes have reported on Jesus being another target for Atletico, so that could be the ideal solution for all parties involved.Jesus started brightly when he joined Arsenal from Manchester City a few years ago, but injuries have slowed him down since then and he could now face being fourth choice in Mikel Arteta’s pecking order.The post Report: Arsenal reluctant to agree to potential transfer exchange appeared first on CaughtOffside.