A little more 'news' has emerged on the potential signing of Ricky Alvarez.
Argentine journalist Manuel Olivari tweeted this yesterday: "Ricky Alvarez no firmó ningún precontrato con el Arsenal, es información falaz". Loosely translated, this means: "Ricky Alvarez did not sign pre-contract with Arsenal, is false information".
Where this leaves the deal, I'm not sure. Whether Olivari means that the entire deal is made up, or that the deal just isn't as far ahead as people think, I don't know. However, any news that I get I'll get it up here as soon as I can.
In the mean-time, however, if you want to watch Alvarez play, check out this YouTube video.