On August 3, according to ESPN, Atletico Madrid are confident of signing Argentine forward Alvarez from Manchester City for €60 million (£51 million/$65 million).
Diego Simeone’s side are looking at Alvarez as a key player for the future and reports suggest that the Spanish club have made significant progress in the negotiations. Atletico remain optimistic that the player’s desire to join the club will help facilitate a better deal with Manchester City.
The proposed deal is said to see Alvarez sign a five-year contract, securing his future in Madrid. While €60 million is a significant investment for Atletico, the club’s board are prepared to make the hefty investment to fulfill Simeone’s request following Alvaro Morata’s departure to AC Milan earlier in the summer.
Furthermore, British media have reported that Guardiola has insisted that some key rotation players can be sold if a suitable offer arrives. This has inadvertently given hope to Atletico, who believe that their offer for Alvarez will be accepted by Guardiola and his Sky Blues. Nonetheless, the Argentine has remained reluctant to comment on a potential move to Atletico. Additionally, Alvarez’s desire for first-team football is a driving force behind his potential transfer. Atletico have offered him the chance to become a key player, something the 24-year-old Argentine forward has struggled to achieve under Guardiola due to the presence of Erling Haaland and Foden.
The acquisition of Alvarez is seen as the next strategic move for Simeone and his Rojiblancos outfit in response to the departure of key player Griezmann. The club are looking to overhaul their squad before the start of the season and the club are also in talks with Villarreal over a move for Solot.
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