Julian Alvarez 'handed' Arsenal ultimatum as Atletico Madrid perform major transfer U-turn

Julian Alvarez’s future could be decided one way or another within this week, amid reports of an ultimatum.“The best thing for everyone is a transfer,” Alvarez admitted in an interview with ESPN Argentina following their group phase win over Austria. “And I want to fulfil my dream.“I don't think it's the right time to talk about this, but I can't hide either.“I have to be honest, and I spoke with the people at the club, the ones I needed to speak with.”While it has been widely reported that Barcelona is Alvarez’s dream move, Atletico are adamant they will not do business with their LaLiga rivals.Decision time: Julian AlvarezLondon StandardThis has left Arsenal as the only viable option for Alvarez in the final days of the summer window, with reports in Spain claiming he must take one of two paths before Deadline Day: stay at Atletico Madrid and try to rebuild his connection with the fans or get his head around a potential move to Arsenal.Meanwhile, the Independent claim the saga could be resolved by Friday, as Atletico want the time to prepare for replacements if Alvarez does accept a move to the Gunners.Furthermore, it has been reported that Atletico have performed a U-turn over Alvarez’s price-tag.