Arsenal continue to monitor Julian Alvarez as a potential signing from Atletico Madrid.
The 26-year-old forward has also been linked with Barcelona, but the two Spanish clubs have yet to reach an agreement over a deal.
Atletico Madrid have shown reluctance to sell, with no willingness to part with the player under current conditions.
Arsenal are tracking the situation closely and could consider a move if the player pushes for an exit later in the window.
The club remains in need of additional quality in attack, and Alvarez fits the profile of a complete forward.
Last season, he registered 29 goal contributions for Atletico Madrid, underlining his productivity at the highest level.
Alvarez previously played in England with Manchester City and is familiar with the demands of the Premier League.
His experience in the league suggests he could adapt quickly and make an immediate impact at Arsenal.
The forward is expected to resolve his club future soon and refocus on his football.
Alvarez helped Argentina reach the final of the World Cup and will aim to win the trophy again with his national team.
With the tournament final approaching, decisions on the futures of several players, including Alvarez, may follow its conclusion.
