According to Globo.com, Fluminense engaged in negotiations with San Lorenzo for Alexis Cuello, viewing him as a less expensive way to add another option to John Kennedy. The negotiations concluded because the price was higher than anticipated. The Argentine club was only willing to release Alexis Cuello if his release clause, valued at six million euros, was paid.

Fluminense has ongoing negotiations with Alexis Cuello from San Lorenzo. The progress of these negotiations depends on the Argentine club, which is insisting on releasing the player only for his release clause amount of 6 million euros. According to Juan Carlos Pellegrini of ESPN Argentina, Alexis Cuello has recently been playing as a centre forward since the end of last year.

Fluminense offered a sum close to five million dollars for 80% of Alexis Cuello's rights, but the proposal was not accepted by San Lorenzo. A source from San Lorenzo's management, which is led by Sergio Costantino, stated to TyC Sports that they are not going to sell the player and that he is staying. The source added that they will not negotiate any figure unless the player executes the clause. Fluminense communicated that they did not reach the desired number, and as a result, San Lorenzo believes the negotiation is over.

Fluminense submitted a formal offer for 25-year-old Argentine forward Alexis Cuello, proposing four million US dollars gross for 100% of his transfer rights, but San Lorenzo rejected the bid, considering the amount insufficient and the payment method unconvincing. San Lorenzo's position is that a higher amount will be needed for serious negotiations, though a deal is not impossible if the interest is sustained. Information from the Brazilian club's side suggests that an improved offer will be presented in the coming hours. Although Fluminense's coach, Luis Zubeldía, had initially included Cuello as the third option on a list of attacking reinforcements, the club's directors decided to pursue the forward directly, convinced of his current form and potential. Meanwhile, San Lorenzo's coach Damián Ayude does not want to sell the forward, whom he considers a key player. Cuello, who joined San Lorenzo in January 2025, has a contract until the end of 2027 and has scored two goals and provided two assists in four appearances in the 2025/2026 Torneo Apertura. His current market value is estimated by Transfermarkt to be €2.50m, and other clubs, including River Plate and Boca Juniors, have also been linked with him.