Manchester United, Chelsea and Manchester City are all set to be disappointed after it emerged that Barcelona are preparing to offer the Premier League clubs' mutual transfer target a new contract extension.
It looked certain that the Brazil international would be departing Camp Nou this summer after he himself confirmed he would be making a switch to England. However, the Daily Mail have now claimed that Alves will be offered a new deal.
Manchester United are reportedly ready to offer the 31-year-old a substantial deal in an attempt to convince him to move to Old Trafford. The Red Devils will be in a position to sanction a lucrative offer as Alves' will be available for free in the summer.
Meanwhile, the same report credits both Arsenal and Chelsea with an interest in him, with both Arsene Wenger and Jose Mourinho reportedly keen on bringing his experience to their respective sides.
Alves' future at Barcelona was questioned this summer after the Catalan club were heavily linked with a move for Fiorentina wing-back Juan Cuadrado. New manager Luis Enrique eventually signed another Brazilian right-back, Douglas from Sao Paulo, and Alves was needed to remain for his experience.
Louis van Gaal's interest in Alves is being connected with some reported concerns he has over his current options. Rafael da Silva is the incumbent first choice right-back at Old Trafford, but the reports suggesting Manchester United's new manager was ready to offer Alves a lucrative contract because of misgivings over Rafael.
Like his compatriot at Barcelona, Rafael is most effective in the attacking aspects of the game, but he has been unable to pair this with the older man's defensive stability. There is also the issue of discipline - the 24-year-old has a poor record and is susceptible to the odd rash moment.
Meanwhile, injury to summer signing Mathieu Debuchy has left Arsenal without their first-choice right-back until, probably, 2015. Calum Chambers has filled in well, but the summer arrival from Southampton has looked most impressive when deployed at centre-back - another position Arsenal are short in.
Blues are alright
Chelsea's reported interest would seem more puzzling, as Mourinho's squad appears to be very settled at the back and the Stamford Bridge boss has seen that defensive stability take his side to the summit of the Premier League table.
They have yet to lose a game in the league and the recent 2-0 victory over rivals Arsenal was further evidence they look like one of the the favourites for the title.
Meanwhile, Manchester United scraped to a 2-1 victory over Everton at OId Trafford and, despite being mauled by critics for their early season form, are now fourth in the table and appear to be improving with each week.