Arsenal Ready to Sacrifice Jesus and Havertz in £100m Álvarez Pursuit
North London club prepared to cut losses on expensive signings to land Atlético Madrid's Argentine striker

Arsenal are preparing to offload Gabriel Jesus and Kai Havertz to fund a €120 million move for Atlético Madrid striker Julián Álvarez, marking a dramatic shift in Mikel Arteta's squad-building strategy.
The Gunners have intensified efforts to beat Paris Saint-Germain to the Argentine's signature, with sources revealing the club is ready to sacrifice two of their most expensive recent signings to make the deal happen.
Arsenal's striker crisis: Why Jesus and Havertz have become expendable
Arsenal's willingness to move on from £110 million worth of attacking talent reveals the depth of their goalscoring concerns. Gabriel Jesus, signed for £45 million from Manchester City in 2022, has struggled with persistent injuries and inconsistent form.
Kai Havertz, the £65 million arrival from Chelsea, has shown flashes of quality but failed to provide the consistent output Arsenal need in their title pursuit.
The numbers that sealed their fate
The statistics paint a stark picture of Arsenal's attacking shortcomings:
- Jesus has managed just 19 Premier League goals in 69 appearances across two seasons
- Havertz has contributed 13 goals in all competitions this season, well below expectations for his price tag
- Arsenal have dropped points in crucial matches when lacking a clinical finisher
- The Gunners haven't won the league since 2004, with goalscoring often the difference
Sources close to the agents industry have informed CaughtOffside that Arsenal are actively positioning themselves to establish strong relationships with Álvarez's representatives before formal negotiations begin.
The Álvarez gamble: Is a €120m striker the missing piece?
Julián Álvarez represents everything Arsenal's current forwards lack. The 26-year-old World Cup winner has netted 18 goals in all competitions for Diego Simeone's Atlético Madrid this season.
Why Álvarez fits Arsenal's needs
The Argentine international offers a unique profile that addresses multiple weaknesses in Arsenal's attack. His movement in the box, clinical finishing, and big-game experience set him apart from the Gunners' current options.
The club could consider moving on one of their current forwards, such as Gabriel Jesus or Kai Havertz, to create space within the wage structure and free up funds for a major signing.
Atlético Madrid have publicly maintained their stance that Álvarez is not for sale. Senior figures at the Spanish club have repeatedly emphasised his importance to their long-term plans, with the striker becoming a central figure in Simeone's system.
The financial reality
Despite Atlético's firm position, reports from Spanish and European media suggest the club may reconsider if presented with an exceptional offer. The €120 million valuation is designed to deter interest while reflecting the player's rising status.
For Arsenal, meeting this price would require significant sales. Moving on both Jesus and Havertz could generate approximately £80-90 million, depending on market conditions and buyer interest.
Transfer domino effect: How this deal could reshape multiple squads
Arsenal's pursuit of Álvarez has already triggered movement across European football's elite clubs. Paris Saint-Germain, who have tracked the striker for an extended period, could re-enter negotiations if their attacking lineup undergoes changes.
The rival threat
Chelsea are monitoring the situation closely, with their involvement potentially dependent on outgoing transfers. Reports indicate they could mount a serious challenge if they sell players such as Nicolas Jackson or Liam Delap.
- Barcelona have maintained communication with Álvarez's representatives
- PSG's long-standing interest remains a significant threat to Arsenal
- Chelsea could enter the race depending on their summer sales
- Atlético would need to identify a replacement before sanctioning any sale
The knock-on effects extend beyond just the buying clubs. If Arsenal successfully offload Jesus and Havertz, it could spark a chain reaction in the striker market, with mid-table Premier League sides and European clubs vying for proven Premier League talent.
Arsenal's strategic positioning
The Gunners' approach suggests they've learned from previous transfer battles. By establishing early contact with Álvarez's camp and preparing to clear squad space proactively, they're positioning themselves as the most serious suitors.
This represents a marked shift from Arsenal's recent transfer strategy, which has focused on younger, developmental signings rather than established stars at peak value.
What happens next
Arsenal's summer transfer window hinges on their ability to execute this ambitious plan. The club must first find buyers for Jesus and Havertz at prices that enable the Álvarez pursuit, whilst convincing Atlético Madrid to negotiate.
With Champions League commitments concluding and the transfer window approaching, expect intensified negotiations in the coming weeks. Arsenal's willingness to sacrifice two high-profile signings demonstrates their determination to finally end their 22-year wait for a Premier League title.
SportSignals is an independent publication. Views expressed are our own.
Sources
This article is based on reporting from the publications above. Specific facts and quotes are credited inline where used.
Frequently Asked Questions
Why are Arsenal selling Gabriel Jesus and Kai Havertz?
Arsenal are reportedly willing to sell both players to fund a €120 million move for Atlético Madrid's Julián Álvarez. The club believes their current attacking options haven't provided the clinical edge needed for a title challenge.
How much will Arsenal pay for Julián Álvarez?
Arsenal are preparing a €120 million bid for the Atlético Madrid striker. The Gunners plan to fund this by selling Gabriel Jesus and Kai Havertz, who cost a combined £110 million.
What are Gabriel Jesus and Kai Havertz's goal records at Arsenal?
Gabriel Jesus has scored 19 Premier League goals in 69 appearances across two seasons. Kai Havertz has contributed 13 goals in all competitions this season, both falling short of expectations for their price tags.
Will Atlético Madrid sell Julián Álvarez to Arsenal?
Atlético Madrid have publicly stated Álvarez is not for sale and emphasized his importance to their long-term plans. However, reports suggest they may reconsider if presented with a substantial offer.



