Atlético Madrid are in the final stages of completing the transfer of Julián Álvarez from Manchester City. The Spanish club is currently preparing the necessary paperwork for the deal, which has already seen a verbal agreement reached by all parties involved.
Contract Details
Álvarez, who has agreed to a contract running until 2029, will see Manchester City receive a total of €95 million. This sum includes an initial payment of €75 million, with an additional €20 million in potential add-ons.
Transfer Timeline
While the signing is imminent, it is not guaranteed to be finalised today. The process may take a bit more time to complete, but the agreement is confirmed.
Background
The transfer saga has seen several developments over the past few days:
- 2024-08-06: Atlético Madrid confirmed the €95 million deal for Álvarez.
- 2024-08-06: The club increased their offer for the player.
- 2024-08-06: Advanced talks were reported between the two clubs.
- 2024-08-05: Initial negotiations began between Atlético Madrid and Manchester City.
- 2024-08-05: Atlético Madrid submitted their bid for Álvarez.
Player Profile
Julián Álvarez, a forward, has been a key player for Manchester City. His move to Atlético Madrid marks a significant transfer in the current window.