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Arsenal's Summer Transfer Plans: Key Targets and Challenges

Arsenal’s season is not finished yet. Far from it. A Champions League final against PSG in Budapest still looms large, the kind of occasion that can redefine a club’s modern history.

But somewhere in the background, away from the noise of tactical meetings and travel plans, the summer is already taking shape.

Josh Kroenke has been clear: Arsenal will not stand still after winning the Premier League title. The ownership expects to attack the market, not admire their own work. As he put it to NBC Sports, the “business never stops” and rivals are already moving to hunt down the champions. Arsenal intend to be ready.

Alvarez slipping away

One name is already sliding off the board.

Julian Alvarez, the Atletico Madrid striker admired in north London, is edging towards Barcelona. Atletico sporting director Andrea Berta, who previously helped take the Argentine to Spain, had been open to dealing, and Arsenal – along with PSG – monitored the situation closely.

But the player has made his choice.

Sources involved in the negotiations have told football.london that Alvarez only wants Barcelona. A bid has gone in from the Catalan club and been rejected, yet the key detail is not the offer but the intent: Alvarez has informed Atletico of his wish to join Barça.

Atletico will not fold easily. Diego Simeone’s side will fight for the fee and drag out the negotiations if they must. Still, with the forward pushing for Camp Nou and having already experienced English football and two Premier League titles with Manchester City, it is hard to see Arsenal turning this one around. For a South American forward, the pull of Barcelona remains immense.

So one potential striker option is all but gone. Arsenal will have to look elsewhere – if they decide they need a No 9 at all.

Kroupi off the table

Another target sits behind a different kind of barrier.

Eli Junior Kroupi, Bournemouth’s breakout forward, has attracted admiring glances from almost every major Premier League club. Arsenal are among those who appreciate him. Thirteen league goals in his debut top-flight season for the Cherries is the sort of return that makes recruitment departments sit up.

But Bournemouth are not interested in playing the role of feeder club this summer.

Club sources made it clear on Thursday: Kroupi will not be sold ahead of their first-ever European campaign. They see him as central to what comes next, alongside Rayan and Alex Scott, who has just been offered a new contract. They are under no financial pressure to cash in and have no desire to break up a young core just as the club steps onto the continental stage.

Manchester City are also among the clubs that like Kroupi, yet any move would require a huge bid. The figure being talked about is up to £85 million to prise him away from the Vitality Stadium. That sort of number changes the conversation for everyone.

For Arsenal, it probably changes the plan. With Kroupi effectively off the market and Alvarez pushing for Barcelona, the idea of a marquee striker becomes more complicated. The club do not see a new centre-forward as an absolute necessity anyway. The squad has just delivered a title without one dominant No 9; the recruitment team can afford to be selective.

Eyes on the flanks and in midfield

The focus is not solely on the middle of the attack.

A left-winger is high on the list, and Arsenal will get a close look at one of their preferred options in the biggest game of their season. Bradley Barcola, the PSG wide man, is admired in north London and will line up against them in Budapest. His blend of direct running and technical quality has not gone unnoticed.

Midfield is another area flagged for reinforcement. The club has already held “a few conversations about different areas that we think we can improve, both on and off the pitch,” Kroenke admitted. That includes the engine room, where depth and versatility remain prized, and there is also a live possibility that Arsenal move for a right-back if the right profile becomes available.

This is not a scattergun summer being drawn up. It is targeted, positional, designed to harden a title-winning squad for the grind of defending a crown while going deep in Europe.

Kroenke’s message

Kroenke’s comments offer a glimpse into the thinking at the top.

“Right now there are other teams that are already trying to strengthen to come at us for next season. So we need to be aware of that,” he said. The warning is clear: the chasers are already running. Arsenal cannot afford to admire their reflection for long.

He also pointed to a uniquely busy backdrop. The World Cup in North America will slice into the usual summer rhythm, compressing windows for negotiations and pre-season work. For once, though, Kroenke joked that everyone is coming to him; he will not have to travel.

For Arsenal, that World Cup will intersect with a new reality: they are champions of England and, by the time the dust settles in Budapest, they may be champions of Europe as well. With that status comes a different kind of pressure in the market. Players look at you differently. So do selling clubs.

Alvarez is leaning towards Barcelona. Kroupi is locked down at Bournemouth. Barcola will be on the opposite side in a Champions League final. The boardroom conversations have already started.

What comes next will decide whether this title is a one-off surge or the start of an era.