Julian Alvarez, a 24-year-old Argentine forward, is reportedly close to being transferred from Manchester City to Atletico Madrid for a record-breaking fee of around €75-95 million, with an initial payment of €75 million and additional €15-20 million in bonuses, pending approval from Manchester City.
Atletico Madrid was the most determined club to secure Alvarez's signature, despite interest from other clubs.
Alvarez is reportedly unhappy with his situation at Manchester City, playing second fiddle to Erling Haaland, and has been considering his options throughout the summer. He decided to leave City in search of a starting role, feeling he could not continue as second choice behind Haaland.
While there is optimism for a resolution, personal terms for Alvarez have not been finalized yet, despite his willingness to move. Atletico Madrid attempted to include Joao Felix in the deal, but the offer was turned down by Manchester City. The deal is subject to Alvarez agreeing on personal terms with Atletico.
To finance this purchase, Atletico de Madrid is considering selling players like Samu Omordion and Joao Felix. The agreement depends on the departure of Samu Omorodion to Chelsea for £35 million, as mentioned by Fabrizio Romano.
This article was written in collaboration with Generative AI news company Alchemiq
Sources: Forbes, NY Times, BBC, The Guardian, The Sun, Crónica, Jovem Pan, Clarín, Río Negro, La Nación, La Voz, Placar