Man City and Atletico Madrid have agreed a deal for Julian Alvarez worth up to £81m (€95m).Talks have been progressing well between the clubs over the last 24 hours. Atletico will pay £64m up front (€75m) with a further £17m of potential add-ons (€20m), which will be a record sale for City.
It represents a huge profit on the £14m the Premier League champions paid River Plate for the Argentina forward in January 2022.
Personal terms still have to be agreed, although this is not expected to be a problem.
Alvarez has made 103 appearances for City since arriving at the Etihad Stadium two and a half years ago, scoring 36 goals.
The Argentine international won two Premier League titles, as well as the FA Cup, Champions League, Super Cup and Club World Cup titles all in 2023.
During his time at City, he also won the 2022 World Cup with Argentina, as well as the Copa America earlier this year.
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https://www.google.com/amp/s/www.skysports.com/amp/football/news/11679/13191744/julian-alvarez-transfer-atletico-madrid-agree-gbp81m-fee-to-sign-man-city-and-argentina-forward This is what we have been waiting for. I really see a different Atletico this season. They are really shopping on a large scale in this transfer window. And I think this is the best player that Atletico Madrid can finally get. We have seen the qualities of Julian Alvarez. He is a player who actually deserves to be the main player at a club. In Man City he may not be able to take on that role because of Haaland. But at Atletico Madrid I think Julian Alvarez will immediately become the most important player there. I hope he can contribute very well there. And in Laliga he will gain valuable new experience. And I think that's the point where his career will peak. And with his young age, I think he still has a long career and he will be a player who will mature from season to season at Atletico Madrid. Good job Atletico Madrid.