3 months ago
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There have been major developments in the Julian Alvarez to Atletico Madrid story, after it was revealed on Tuesday morning that Man City had accepted a bid for the player.
Despite Pep Guardiola appearing to publicly suggest that he was waiting for the Argentinian to return from the Olympics, it would now seem that the Catalan knew all along that a deal for Alvarez was getting closer to being concluded.
Man City and Atletico Madrid agree a deal for Julian Alvarez
As so often happens, statements are made or are deliberately evasive to throw media off the scent when a big deal is being talked about.
Despite largely playing second fiddle to Erling Haaland at City, he has still commanded an astronomical fee.
???? Manchester City confirmed to Atlético Madrid that their final proposal for Julián Álvarez worth €75m plus €20m add-ons has been accepted.
Negotiations ongoing on player side. ??
Man City to authorize Julián for medical in Spain as soon as personal terms are agreed. pic.twitter.com/waBhyYU2no
— Fabrizio Romano (@FabrizioRomano) August 6, 2024
According to CaughtOffside columnist and transfer expert, Fabrizio Romano, City have now accepted Atletico Madrid’s bid of €75m plus €20m in add-ons which, if Alvarez hits all of the targets, will mean the Rojiblancos coughing up a cool €95m.
It’s evident that the player’s will to seek pastures new will have to have played a part in City’s thinking, though for them to have stood firm on what’s an incredible transfer fee for a player that’s only played 90 minutes for his club on six occasions in 2024 (WhoScored), that’s great business.

Personal terms will now need to be agreed between Alvarez himself and Atleti, and once that has been sorted, a medical will be the final stage before the move is complete.
It will be a real coup for Diego Simeone to land his countryman, who should be a more than able replacement for the likes of Memphis Depay and Alvaro Morata, both who moved on earlier in the summer.
