Atletico Madrid willing to sell Julian Alvarez as Arsenal and PSG circle

Julian Alvarez is essentially on the market, and the price tag is eye-watering. Atletico Madrid has signaled its willingness to sell the Argentine striker, but only to two specific suitors: Arsenal and Paris Saint-Germain. The club has reportedly given Alvarez a triple ultimatum. He can join Arsenal, move to PSG, or stay put in Madrid. Barcelona, despite being the player’s preferred destination, has been firmly shut out of the conversation. A transfer saga with serious financial stakes Alvarez joined Atletico from Manchester City for an initial fee of £64.4 million in summer 2024, a figure that could rise to £81.5 million with add-ons. Now, Atletico’s asking price has ballooned to somewhere between €125 million and north of €150 million. Barcelona reportedly submitted a £100 million bid that Atletico has treated with about as much enthusiasm as a spam email. Atletico also previously rejected a £130 million offer from Real Madrid, which tells you everything about the club’s leverage position and its refusal to strengthen a domestic rival. Arsenal, meanwhile, appears to be making what reports describe as “groundbreaking progress” toward securing a deal. PSG has been circling Alvarez ...