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Arsenal has reportedly identified three alternative transfer targets ahead of Atalanta winger Ademola Lookman, despite earlier links to the Nigeria international. According to GiveMeSport, the Premier League club has shown appreciation for Lookman’s abilities but considers Real Madrid’s Rodrygo, Newcastle’s Anthony Gordon, and AC Milan’s Rafael Leão as higher priorities for their left-wing reinforcements this summer. The development comes amid uncertainty over Lookman’s future, with Serie A side Atalanta resisting domestic offers for the forward while foreign suitors circle.

The 27-year-old Lookman, who scored 17 goals across all competitions last season, has informed Atalanta of his desire to seek a new challenge. Inter Milan emerged as an early contender, submitting multiple bids for the former Leicester City attacker, but Atalanta’s reluctance to strengthen a direct league rival has stalled progress. This impasse has fueled speculation about a potential move abroad, with Arsenal among the clubs monitoring the situation. However, sources indicate the North London side is weighing the broader implications of adding another winger to its squad, particularly with young prospects Ethan Nwaneri and Noni Madueke progressing through the ranks.

Internal discussions at Arsenal reportedly center on balancing squad depth with development pathways. Senior figures at the club are evaluating whether a high-profile signing might limit opportunities for emerging talents or necessitate the sale of current starters. Belgium forward Leandro Trossard and Brazilian winger Gabriel Martinelli are understood to be part of this strategic calculus, though no final decisions have been made. The club’s immediate focus remains on streamlining the squad, with efforts to offload players before pursuing major acquisitions.

Meanwhile, Inter Milan has not abandoned its pursuit of Lookman despite facing repeated rejections. The 2023 Champions League finalists are said to be preparing an improved offer, with the player himself reportedly eager to force a move to the San Siro. His determination contrasts with Arsenal’s cautious approach, as manager Mikel Arteta’s recruitment team prioritizes targets who could provide immediate tactical flexibility. Rodrygo’s proven pedigree in big UEFA matches, Gordon’s Premier League familiarity, and Leão’s explosive dribbling ability appear to have positioned them ahead of Lookman in the hierarchy.

The situation remains fluid, with Atalanta holding firm on their valuation amid competing interests. While Arsenal’s interest serves as a potential lifeline for Look-man’s overseas ambitions, the club’s calculated transfer strategy suggests any move would depend on both outgoing deals and long-term squad planning. As negotiations continue across Europe, the coming weeks will likely determine whether the Nigerian international remains in Italy, heads to England, or becomes collateral in a broader transfer market domino effect.