The Catalans are looking to sign a replacement for Sergio Busquets in the January transfer window.
The Blaugrana skipper is in the final year of his contract, and there is an evident decline in his performances this season.
Barca have shortlisted a handful of names for the holding midfield role, with Alvarez being the latest.
The Mexican international has developed well at Ajax, establishing himself as one of the best young midfielders in Europe.
Alvarez also tried to force an exit by skipping the training sessions – as his former teammate Antony did – but to no avail, as the Eredivisie giants were reluctant to sell him.
The Blues are still interested in Alvarez, but they are now joined by Barca in the race.
The Catalan giants have scouted the Mexican midfielder during this season’s Champions League group stage games.
PSV Eindhoven’s Ibrahim Sangare and Benfica’s Argentine sensation Enzo Fernandez are also on Barca’s list.
Wolverhampton Wanderers midfielder Ruben Neves appears to be the leading candidate to succeed Busquets at Camp Nou.
The Portuguese international has been reportedly offered to Barca by his agent Jorge Mendes, who has close ties with the club.
Neves also recently revealed that it would be a dream for him to represent the Blaugrana.
Alternatively, Xavi can rely on Frenkie de Jong without scouring the market.
The Dutch midfielder’s importance has grown in recent weeks after impressive displays against Inter Milan, Villarreal and Athletic Bilbao.
- Manchester United vs Nottingham Forest Preview – Prediction, team news & line-ups
- Tottenham set to sign Pedro Porro after reviving deal with Sporting
- Leicester City table offer for Stoke City defender Harry Souttar
- PSG in advanced negotiations to sign Hakim Ziyech from Chelsea
- Bournemouth target Sassuolo forward Hamed Traore while Leeds join Zaniolo race