Arsenal handed major boost as Euro giants slash asking price for 26-year-old target

Arsenal have received a significant boost in their pursuit of Julian Alvarez, with the Atletico Madrid forward reportedly available for a reduced transfer fee ahead of the January window. According to Spanish outlet Sport , Atletico’s valuation of the Argentina international has fallen from €200 million (£169m) to €120 million (£101m) following his disappointing start to the campaign. The development could open the door for Arsenal to try again to bring the former Manchester City striker back to the Premier League.