According to BBC Sport on Friday, October 23, 2026, Arsenal are reportedly considering a move for Atlético Madrid winger Alex Baena as Mikel Arteta looks to strengthen his attacking options ahead of the January transfer window.

The Gunners are believed to be interested in signing another winger to improve their attacking depth and give Arteta more options in the second half of the season. However, a potential deal for Baena could be difficult to complete, with Atlético Madrid reportedly valuing the player at around €120 million.

Arsenal have continued to build a competitive squad under Arteta, with the club aiming to challenge for major trophies in England and Europe. The manager understands that maintaining a strong attacking unit is important, especially when the team faces a demanding schedule across different competitions.

Baena could offer Arsenal creativity, technical quality and the ability to create scoring opportunities for his teammates. The Spanish winger is known for his vision, passing ability and movement in attacking areas, qualities that could suit Arteta's style of football.

His potential arrival would also increase competition among Arsenal's attacking players. With several important matches expected during the second half of the campaign, adding another quality option could help the club maintain its performance levels while managing the workload of its existing players.

Arteta has consistently looked for players who can contribute to the team's overall attacking structure. A winger capable of creating chances and helping break down organised defences could provide Arsenal with another way to approach difficult matches.

However, Atlético Madrid's reported €120 million asking price could make negotiations challenging. The amount represents a significant investment, and Arsenal would need to decide whether spending such a sum on Baena fits their transfer plans.

Atlético Madrid may also be unwilling to let the winger leave during the middle of the season, particularly if he remains an important part of their plans. Any potential agreement would therefore depend on the Spanish club's position and Arsenal's willingness to meet the financial demands.

For now, the reported interest does not mean that a transfer has been agreed or that an official offer has been submitted. More information will be needed to establish how serious Arsenal's pursuit is and whether negotiations will take place.

Arsenal supporters will be eager to see whether the club makes a move when the January window opens. If Arteta decides to pursue Baena, the reported transfer fee is likely to become one of the biggest factors in determining whether the deal can happen.

Until further developments emerge, Baena remains a reported target rather than a confirmed Arsenal signing.