According to Mexican outlet El Futbolero, Benfica have an interest in Edson Álvarez, though the outlet does not indicate a formal offer has been made. El Futbolero also references reports that suggest Marco Silva wants Edson Álvarez for his midfield. Conversely, the Portuguese newspaper O Jogo reported that Álvarez is not being considered by Benfica and that the Mexico international is not in the club's plans.

Benfica has shown interest in West Ham United's Edson Álvarez. This development occurs while 1.FC Köln has been in protracted and unsuccessful negotiations with West Ham for the Mexican player. According to BILD, Köln is seeking a loan with an option to buy, while the relegated Premier League club would prefer a permanent sale this summer. Álvarez's salary of around five million euros is also a significant issue for Köln. It was not clarified if Benfica intends to loan or buy the 28-year-old international, and it is not known if the Portuguese club can meet the financial requirements of a deal.