Madrid: Real Madrid said on Tuesday that Atletico Madrid had rejected the club´s offer of 150 million euros ($173 million) for Argentine forward Julian Alvarez.
“After reviewing and evaluating the offer, Club Atletico de Madrid has expressed its gratitude for the proposal... and has rejected it,” Real Madrid said in a statement. A World Cup winner with Argentina in 2022 and formerly of Manchester City, the 26-year-old Alvarez joined Atletico in 2024. He is under contract until June 2030, with a release clause estimated at 500 million euros.
Included in Argentina´s squad for the 2026 World Cup, Alvarez scored eight goals last season in La Liga and 10 in the Champions League, where Atletico were eliminated in the semi-finals by Arsenal.