Arsenal face fresh Liverpool threat as €90m Nico Williams transfer race takes dramatic turn

Liverpool have entered the race for Nico Williams as Arsenal step up talks for the Athletic Club winger

Arsenal remain the frontrunners to sign Nico Williams, but the race for the Spain international has intensified after Liverpool joined the pursuit. The Athletic Club winger has a €90 million release clause, and Arsenal sporting director Andrea Berta has resumed talks after the club missed out on Morgan Rogers, who completed a £117 million move to Chelsea.

Arsenal face fresh Liverpool threat as €90m Nico Williams transfer race takes dramatic turn

Arsenal refuse to give up on Williams

Williams has long been one of Arsenal's priority attacking targets, and fresh discussions have taken place as Mikel Arteta looks to strengthen the left side of his attack. The Gunners view the 24-year-old as an ideal fit thanks to his pace, one-on-one ability and versatility, while Berta continues to explore the financial structure of a potential deal. Liverpool's interest, however, has added fresh competition for one of Europe's most sought-after wingers.

The Spanish international enjoyed another impressive 2025/26 season, making 42 appearances across all competitions for Athletic Club. He scored 12 goals and registered 11 assists, underlining his importance for both club and country. His performances have further strengthened his reputation as one of La Liga's most dangerous wide forwards.

Liverpool enter the race as release clause remains key

Liverpool's decision to enter the race could complicate Arsenal's plans, although the North London club are still considered to be in the strongest position. Any club hoping to sign Williams will likely have to trigger his €90m release clause, with Athletic Club showing no intention of negotiating below that figure.

After losing out to Chelsea in the battle for Morgan Rogers, Arsenal are determined not to miss another top attacking target. The coming weeks are expected to be decisive as both Premier League clubs weigh up whether to meet Athletic Club's valuation and convince Williams that their project is the right one. 

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