Julian Alvarez has reportedly emerged as a transfer target for Arsenal, with the Premier League side said to be eyeing a move for the Atletico forward. Speculation is gathering pace as the club looks to bolster its squad ahead of a crucial second half of the season. Arsenal are still pushing to finalise terms. However, Chelsea, Paris SG and Barcelona are still watching closely and may return with offers of their own. Arsenal have been strong going forward this season, with 42 goals scored in 23 games (1.83 per game). Julian Alvarez would give them depth and keep that attacking firepower going all season. Atletico continue to be linked with Alejandro Garnacho, Goncalo Ramos and Kang In Lee while Arsenal are also rumoured to be tracking Federico Dimarco, Juan Gimenez and Toni Fruk. Stay tuned to PlayerSwitch for up-to-the-minute football transfer rumours and news from your club and beyond.