Manchester City News
By James Thompson
Published on 2024-08-09 09:00:00
Manchester City is set to make a significant profit on Julian Alvarez, as they have reportedly agreed to sell him to Atletico Madrid for a club-record fee of €95m (£81m). The striker, who was signed by City for £14m in 2022, is now on the verge of completing his move to Madrid, with journalist Cesar Luis Merlo sharing details on Alvarez’s upcoming medical and contract signing. Despite Alvarez’s success at City, which includes 36 goals and 18 assists in 103 games, the club is willing to let him leave this summer to capitalize on the profit from his transfer.
The journalist’s announcement of Alvarez’s medical date and potential contract signing sheds light on the end of this transfer saga for City. The 24-year-old’s move to Atletico Madrid until June 2029 signifies a new chapter in his career and a significant financial gain for Manchester City, affirming the club’s decision to sell him. Alvarez’s departure will be a loss for City, but with the profit they will make from this deal, it is a move that makes strategic financial sense for the club as they prepare for the upcoming season.
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