His form has been outstanding this season, and he has established himself as one of the most intriguing young prospects in world football with 26 goals in 33 appearances so far.
As reported by The Athletic, Manchester United are on the lookout for a new striker, with Harry Kane being their top choice. However, Nunez is being evaluated as a potential backup option.
According to the Daily Express, the 22-year-old has also been connected with Arsenal, while a report from Todo Fichajes claims he might cost over €80 million if signed by Atletico Madrid.
After seeing how much Nunez has impressed this season, United fans would be more than willing to pick this intriguing talent over someone like Kane at this point in time.
Arsenal, on the other hand, would suffer a significant setback, as they desperately need someone like the young South American to step in and take over as Pierre-Emerick Aubameyang's long-term replacement.
While Manchester United are likely to be able to pay a player like Kane, Arsenal are unlikely to be in the market for a player of that caliber and must ensure that they do not lose out on a player like Nunez.