Atletico Madrid striker Julian Alvarez has made a decision on his future and told Arsenal manager Mikel Arteta that he does not want to move to the club this summer.
The news comes as a blow to Arsenal, who were fighting off interest from Barcelona to sign the Argentina international in a deal reportedly worth £128 million.
Arteta's personal push fails
Arteta personally called Alvarez in an attempt to convince him to move to the Emirates Stadium, but the striker has ultimately turned down the approach.
The Gunners had been pushing to complete the transfer, with the manager playing a key role in the recruitment drive.
Barcelona interest remains
Barcelona had also been linked with a move for the 26-year-old, and the rejection of Arsenal's advances could open the door for the La Liga side.
No further details have been provided on Alvarez's next steps or whether he will remain at Atletico Madrid beyond the current transfer window.
