David Ornstein shares how much Atletico are set to pay for Julian Alvarez, agreement with Man City now close

David Ornstein shares how much Atletico are set to pay for Julian Alvarez, agreement with Man City now close
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Manchester City News
By Tom Procter
Published on 2024-08-05 16:01:00

Manchester City and Atletico Madrid are nearing an agreement over the transfer of Julian Alvarez, with the Spanish giants set to pay at least five times the £14 million City paid for the player in 2022. Alvarez, who had grown unhappy with his role at City due to limited playing time, has attracted interest from top European clubs like Juventus, Arsenal, and Paris Saint Germain. Despite earlier suggestions of a potential cash-plus-player deal involving Joao Felix, it now appears that Atletico will make a straight cash offer for Alvarez, possibly staggering payments to afford him.

Renowned journalist David Ornstein provided the update on the Alvarez situation, stating that Atletico Madrid and City are in talks to finalize the deal. This development, reported by one of the top journalists in the game, comes after weeks of speculation about Alvarez’s future. The swift progress in negotiations suggests that City and Atletico are close to agreeing on a deal, which would be a significant transfer for the club, as Ornstein’s reliable figures indicate a substantial fee for Alvarez.

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