Man City and Atletico Madrid Agree a Staggering £82m Deal for Julian Alvarez

Summary

• Manchester City has reached a deal with Atletico Madrid for the transfer of Julian Alvarez, valued at up to £82m (€95m).
• Atletico Madrid will pay £64m (€75m) upfront, with the remaining amount to be paid in add-ons. This deal marks a record sale for Manchester City.
• The sale represents a substantial profit for Manchester City, which bought Alvarez for £14m from River Plate in January 2022.
• Personal terms for Alvarez still need to be agreed upon, but this is not expected to be a major issue.
• During his time at Manchester City, Alvarez made 103 appearances, scored 36 goals, and won multiple titles, including two Premier League titles, the FA Cup, Champions League, Super Cup, and Club World Cup in 2023.
• Alvarez also contributed to Argentina's 2022 World Cup victory and won the Copa America earlier in 2023.

LONDON, ENGLAND- Manchester City and Atletico Madrid have reached an agreement for the transfer of Argentine forward Julian Alvarez in a deal worth up to £82m (€95m). This transfer marks a significant profit for Manchester City, who originally signed Alvarez for £14m from River Plate in January 2022.

The deal will see Atletico Madrid pay £64m (€75m) upfront, with the remaining fee coming in the form of add-ons. The transfer will set a new record for Manchester City's highest sale, reflecting Alvarez's rising value since his arrival at the Etihad Stadium.

Personal terms between Alvarez and Atletico Madrid are yet to be finalized, but negotiations are not expected to encounter significant hurdles.

Since joining Manchester City two and a half years ago, Alvarez has made 103 appearances and scored 36 goals. His time at the club has been marked by tremendous success, including winning two Premier League titles, the FA Cup, Champions League, Super Cup, and Club World Cup, all in 2023.

Alvarez has also achieved considerable success on the international stage, playing a key role in Argentina's 2022 World Cup victory and winning the Copa America earlier this year.