Arsenal's summer transfer window has started on a sour note, with Barcelona repeatedly cutting in ahead of the Gunners on multiple fronts — and the season isn't even over yet.

Mikel Arteta's side still have a Champions League Final against Paris Saint-Germain in Budapest to negotiate on Saturday, yet the market has already begun moving at pace without them.

The 'next Neymar' heads to Catalonia

Spanish outlet AS reports that Barcelona are weighing up an offer for Gabriel Veneno, a 16-year-old Brazilian winger at Atletico Mineiro who has drawn comparisons to Neymar Jr. The move could cost the Catalan club as much as €20m if Atletico Mineiro hold firm on their valuation.

Arsenal had reportedly been monitoring Veneno last year, yet no formal move materialised — and now Barcelona appear set to pounce.

Gordon's medical at Spotify Camp Nou

Closer to home, Arsenal had previously been considered strong contenders for Anthony Gordon, with reports suggesting the 25-year-old favoured a move to London. That preference has apparently shifted dramatically: the former Everton winger has now travelled to Barcelona for a medical, with a £69.3m deal reported to be on the table for the LaLiga champions.

Álvarez adds to Arsenal's frustrations

As if losing out on Gordon were not enough, The Athletic reports that Barcelona are also in advanced talks with Atletico Madrid over a €100m move for striker Julian Alvarez. The former Manchester City forward has been a figure of interest at Arsenal, where Kai Havertz and Viktor Gyokeres have shared the striking responsibilities this season.

Three targets, three potential losses — all to the same club. It has been a bruising few days for Arsenal in the transfer market.

No need for panic

Despite the turbulence, Arsenal's position is far from desperate. Their Premier League triumph this season demonstrated the quality and depth within the squad, and the club can afford to be measured rather than reactive in their recruitment.

With a Champions League Final still to play, the last thing the Gunners need is transfer speculation unsettling the dressing room. Time remains on their side, and the ability to target quality additions — rather than rushing to plug gaps — remains a luxury they still possess.

For context, Transfermarkt values Gordon at €60m and Alvarez at €90m.