August 5, according to British media outlet TheAthleticFC, Atletico Madrid are close to reaching an agreement with Manchester City to sign Alvarez.
The report claims that Atletico Madrid are on the verge of finalizing a deal with Manchester City for Alvarez, but the two clubs are still negotiating the final price and payment terms, which are not expected to be less than €70 million.
Previous reports indicated that Atletico were keen on signing Alvarez, and negotiations are currently focused on the transfer fee. Atletico’s offer stands at €55 million plus bonuses, totaling €70 million. However, the €70 million is below Manchester City’s asking price, who are seeking £70 million plus an additional £20 million in add-ons. Atletico are reportedly pessimistic about reaching an agreement under these conditions.
This article is from a user submission and does not represent the views of Soccer News Pick. If you repost it, please indicate the source: https://www.soccernewspick.com/la-liga/17788.html