Julian Alvarez, the Argentine forward who has enjoyed a meteoric rise since joining Manchester City in 2022, is reportedly set to depart the English champions for Atletico Madrid in a deal worth up to 95 million euros.
Alvarez, 24, joined City from River Plate for a mere £14 million and has since become an integral part of Pep Guardiola’s squad. He played a key role in Argentina’s World Cup and Copa America triumphs, and has also won two Premier League titles and the Champions League with City.
Despite his impressive contributions, Alvarez has often found himself playing second fiddle to Erling Haaland, who has been City’s undisputed starting striker since his arrival last summer. With Alvaro Morata leaving Atletico Madrid for AC Milan, Alvarez is expected to become the main man in the Spanish capital, where he will have the opportunity to work under compatriot Diego Simeone.
Atletico Madrid are determined to challenge Real Madrid and Barcelona for the La Liga title after a disappointing fourth-placed finish last season. They have already added Euro 2024 winner Robin Le Normand and Norwegian forward Alexander Sorloth to their squad, and Alvarez’s arrival would further bolster their attacking options.
For Manchester City, Alvarez’s departure will be a significant loss, but it will also provide them with a substantial financial windfall. The club may now be forced to enter the transfer market in the final weeks of the window to find a suitable backup for Haaland.