Arsenal are prepared to pay €82 million (£70m) to acquire Julian Alvarez this summer.
However, Manchester City will not approve a transaction unless a replacement is secured, according to FootballTransfers.
The Argentina international is keen to depart the Etihad Stadium. Despite Arsenal's admiration for the player, a transaction will be exceedingly challenging due to City's desire to prevent the sale to a title rival.
This is even though the Gunners' valuation is likely to align with a figure that the Premier League champions would be satisfied with.
Furthermore, we have been informed that Pep Guardiola's team has scheduled emergency discussions with Alvarez's counsel this week to determine his future.
Last season, the former River Plate forward scored 19 goals in 54 competitions. However, he is dissatisfied with his current situation in England and has begun to advocate for a summer departure.
Despite their reverence for him, Arsenal has yet to inquire about the 24-year-old player, while Paris Saint-Germain and Atletico Madrid are interested in him.
Kai Havertz, Gabriel Jesus, and Eddie Nketiah are the current central striker options for the Gunners, although the latter has been extensively linked with a departure from the club.
RB Leipzig's top target, Benjamin Sesko, recently signed a new contract, and Arsenal is closely monitoring Alvarez's situation in Manchester City.
Nevertheless, it is improbable that the Argentine will depart Guardiola's team before the conclusion of the 2024 summer transfer window, despite the rumors of an imminent transfer.
In fact, we have been informed that Man City is eager to maintain Alvarez's motivation until at least January, at which point the club anticipates having identified a suitable replacement.
Brentford's Ivan Toney is one player who could become a target if Alvarez departs, although nothing concrete has surfaced regarding a potential replacement.
Man City to part ways with Julian Alvarez?
Alvarez's recent conduct has perplexed Manchester City, as Sporty360 has previously reported.
According to sources, Manchester City has permitted the 24-year-old to participate in the Paris Olympics with Argentina to appease the attacker, who is reportedly eager to depart the club this summer.
Nevertheless, Etihad's club executives are deeply perplexed by Alvarez's actions, as they think they have taken all practical measures to ensure that he feels appreciated and significant.
The sole new addition to Man City this summer is Brazilian winger Savinho, while Taylor Harwood-Bellis, Liam Delap, Sergio Gomez, and Tommy Doyle have all been sold.
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